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.
The Australian property market is moving into the next stage of the property cycle – one of continued price growth. Domain’s latest Price Forecast Report for FY25-26 reveals that Australia’s property market is expected to see continued price growth over the next 12 months, with major capital cities Sydney and Melbourne driving national trends. Unlike the…
It’s clear that the trend for home ownership among our younger generation is on a downward trend, and while affordability is a key issue, there is more than meets the eye. ABS data shows that over half (55%) of Millennials, in the age bracket 25-39 years old, are homeowners compared with 62% of Generation X…
If you bought a property in inner Melbourne in the early 1980s, you likely had no idea you were stepping onto a launching pad for multi-generational wealth. Back then, homes in suburbs like Fitzroy, Carlton or Northcote were affordable, not cheap, but within reach of ordinary Australians. Today? Those same homes are worth well over…
Want to make a huge difference in someone’s life? According to Inc.com, here are things you should say every day to your employees, colleagues, family members, friends, and everyone you care about: 1. Here’s what I’m thinking You’re in charge, but that doesn’t mean you’re smarter, savvier, or more insightful than everyone else. Back up…
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If you’ve ever felt like you’re playing a game of property monopoly in Australia, but someone else got to pass “Go” decades before you and now owns half the board, you’re not imagining it. That “someone else”? It’s the Baby Boomers. They’ve won the property game in Australia. Not just because they got in early,…
It’s official – again. Australian capital cities, particularly Sydney and Melbourne, are among the most unaffordable places to buy a home anywhere in the world. A new global housing affordability survey has ranked Sydney as the second least affordable city globally (just behind Hong Kong), with Melbourne not far behind at number four. That’s the…
Soon, more than 15 million Australians should be lodging a tax return with the Australian Taxation Office in the hope of receiving at least a small refund. About 60% of taxpayers use an accountant to prepare their tax return while the other 40% lodge their returns via their MyGov account. This links them to the…
The latest population growth data are out for the 2023-24 year. Each year around late March the ABS releases this with a reference period of the end of the financial year, June 30th of the previous year. This is our third yearly update since the 2021 Census – with a reminder that it all gets…
If Warren Buffett, the Oracle of Omaha, were eyeing the Melbourne residential property market today, he’d likely see an opportunity where others might see uncertainty. Known for his timeless investment principles, Buffett’s wisdom is surprisingly applicable to Melbourne’s current real estate landscape. Melbourne’s market has underperformed over the last few years, which might be making…
Australia’s housing crisis has become impossible to ignore. For first home buyers, renters, and even seasoned investors, it feels like the dream of affordable housing is slipping away. But what’s really driving the shortage? And where does all the money go when a new home is built? In summary, there are three main culprits to…
