Michael has been once again voted Australia’s leading property investment advisor by the readers of ‘Your Investment Property Magazine’, but he’s not a theorist… He has been successfully investing in property since 1971 and is a leading property commentator and Australia’s most widely read property investment blogger. Join over 115,000 others who get their updates from Michael and his group of expert guest bloggers and benefit from their perspective.
In September, Australian home prices hit a new all-time high, and some areas saw growth in the double digits this year. According to PropTrack, prices nationally have risen for nine consecutive months, climbing 0.35% in September and 4.31% year to date. But it is capital city home prices that have taken the lead in 2023…
Contrary to popular belief, money can make you happy! A report in the Journal of Consumer Psychology looked into the age-old question of whether money can buy you happiness and found that the answer was a very loud yes. In fact, the study concluded that if money doesn’t make you happy, then you’re probably not…
In today’s question-and-answer episode, I’m joined by Ken Raiss, director of Metropole Wealth Advisory to answer questions posed by our listeners. Together, we dive into the world of property investment and development, discussing the various financial and legal implications of property joint ventures and the benefits of setting up self-managed super funds. Ken shares valuable…
Even though interest rates are up, fewer homes are being sold for less than their asking price in 2023, just another indicator of the strength of housing markets. However, when you look at data from PropTrack, you’ll see that the extent of price reductions by sellers (the difference between the asking and sold prices) varies…
When was the last time you used an ATM? As banks and customers move transactions online, the number of ATMs and bank branches has dropped by more than one in 10 in the last financial year, according to the latest APRA Points of Presence data for June 2023. In fact, the report shows number of…
I am often asked how to deal with negative interruptions in the working day. You know how it goes, you get to work and things are going along just nicely. You have batched your time and you are feeling good about getting to the projects you have set out for the day. Then, bam! Somebody…
Have you been trying to find your dream home? At times it can feel like trying to find a needle in a haystack, can’t it? It’s difficult enough as an investor, but when buying a home there is an additional layer of complexity – emotion! I know that was the case for one of our…
Renters have very few rental options, and buyers are struggling with high prices, which is a problem that has been ongoing for at least thirty years. To fix these issues in a sustainable way, we need to build more homes over the long term. Governments across Australia are starting to realize this need. In August,…
Heritage conservation has been blamed for making the housing crisis worse by standing in the way of new, higher-density housing. But protecting heritage and increasing housing should be complementary objectives. Heritage suffers when not enjoyed by our growing communities. Housing suffers when not shaped by our communal heritage. YIMBYs and NIMBYs are usually on opposing…
If you’re thinking of selling your home this year you’d be keen to get the best price and not drag out the emotional selling process. A number of years ago, leading real estate agent Matt Steinwede shared 10 tips for owners thinking of selling their homes. These are just as relevant today as they were back…
