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.
Since Australia’s Reserve Bank hiked interest rates two weeks ago, there have been two important developments – one in the United States and the other in the United Kingdom. If it’s not clear to you why events overseas influence Australia’s interest rates, which are meant to be set to control Australian inflation, read on. US…
Now that our property markets are on the move no Sunday morning is complete without checking the weekend clearance rates, especially for property pundits in Melbourne and Sydney. That’s because the auction results are a timely gauge of conditions of what’s going on with the housing markets especially in our in our 2 big capital…
If you’re planning to sell your home adding value to your property doesn’t need to cost a small fortune. If times, and the purse strings, are tight then there are still things you can do to boost buyer appeal or even generate some more equity without breaking the bank. While a major renovation can add…
The recent decision by the RBA to raise interest rates may have surprised some people. While some argue that rates have already increased significantly and coupled with rising living costs, this could eventually control inflation, it is important to recognise the persistent threat that high inflation poses to an economy. Furthermore, central banks aim to…
A new report forecasts that overall capital city asking rents will rise by between 7% to 10% next year. According to Louis Christopher’s Boom and Bust report Perth is expected to record the largest increase in market rents of 12% to 15%. While Canberra is forecasted to record the largest declines of -6% to -2%. According…
Property interest payable on dwellings increased from $45 billion to $91 billion in the 2023 financial year, more than doubling in recording an increase of +102 per cent. Good news for banks, I guess but will most likely be crippling for household expenditure, consumption, and retailers over the next year… Gross incomes per capita increased…
Are you waiting for things to change? Maybe you’re waiting for things to change so you can be happy or you’re waiting for things to change so you can finally take action on some of your ambitions. Maybe you want your business or professional practice to step up to the next level or you’re waiting…
Welcome to this month’s Big Picture episode of the Michael Yardney Podcast, where Pete Wargent and I dissect the multitude of macroeconomic factors currently shaping our housing markets and the broader economy. We analyze the recent interest rate hike by the Reserve Bank and dissect its ramifications on the housing markets and the broader economic…
Australian dwelling values have regained the losses from the recent downturn and surpassed their previous peak to reach a new record high, CoreLogic’s national daily Home Value Index shows. After reaching a peak in April 2022, national home values fell -7.5%, finding a floor on 29 January 2023. Since bottoming out, the national HVI has…
Does the stress of renting really make you feel older? Well, according to a new study by Australian researchers that looked at the stress of renting in British adults, people who rent their home as opposed to owning outright age faster than those experiencing unemployment or who’ve previously smoked. The study found that renting stress,…
