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 perfect storm of skyrocketing living costs, stagnant wages, and rising house prices has made the Great Australian Dream feel more like a mirage for many. What’s a would-be homeowner to do? Enter rent-to-own (sometimes called a rent-to-buy) home schemes, a rather nifty alternative that is popular overseas has been starting to gather some momentum…
In today’s episode, I chat with Assistant Commissioner Tim Loh as he demystifies the tax obligations of property investors in Australia. Lowe discusses the nuances of a $9 billion revenue deficit, three key areas to monitor when filing tax returns, and the importance of keeping thorough records. He explains rental property taxes and deductions, and…
The number of distressed sales – where sellers put their homes on the market because they can’t afford mortgage repayments – is falling around the country, even despite worsening inflation and interest rate pressures. A new Domain report shows that the number of distressed listings has declined in each capital city between January 2021 and…
The flow of new listings added to the Australian housing market has been rising since mid-June, in contrast to the usual seasonal trend where new vendor activity would be trending lower through the colder months. Historically, based on the pre-COVID decade average, new listings added to the national housing market drop by 5.2% between autumn…
There are many costs involved when buying an investment property in Australia, and stamp duty is one which is often overlooked… but it can really make a difference to your total cost. Depending on the property you could be liable to pay tens of thousands of dollars in stamp duty soon after the contract is…
Australia’s care economy could increase from its present about 8% of GDP to about 15% in 40 years, according to the government’s Intergenerational Report. The projections say in four decades’ time Australians will be living longer, with more years in good health – but the larger cohort of aged people will increase the need for…
In today’s episode, Alastair Lias, a seasoned property strategist shares his insights into the often-intimidating world of real estate, providing a guide on how to avoid common pitfalls and succeed in property investing. We dive into why a significant number of Australians abandon property investment within the first five years, and how savvy investors can…
The tenancy regulatory landscape is constantly evolving – and it’s important that landlords and agents keep on top of changes to ensure that they meet their obligations. Of course, meeting legal obligations is a condition of landlord insurance coverage. Changes to legislation can also have a flow-on effect on landlord insurance, so that’s why we’re…
First-time home buyers are saving more each month than last year. However, they still feel anxious about building a sufficient deposit to break free from renting and finally own their dream home, according to Canstar’s latest research. According to Canstar’s new First Home Buyer Survey, potential first-time buyers are now saving an average of $1,605…
Yes, you read it right, 1.2 million homes in the next five years. The headlines have been filled with the Australian Labor Party’s ambitious plan, but if you look closely, the numbers just don’t add up. The Grand Mirage Firstly, let’s clear the misconception: the government isn’t going to lay down the bricks and mortar…
