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 property market has experienced an unusually high level of activity in recent months, marked by increased listings and sales in numerous major cities. PropTrack’s data show that buyers were out in force in August with the number of highly engaged buyers per listing up 14.5% across the combined capital cities. Now that Spring has…
There’s an old adage that suggests if something appears too good to be true, it probably is. This maxim seems to be increasingly relevant in today’s world of social media and instant access to information, where quick fixes and silver bullet solutions are routinely promised to those searching for financial success. Recent headlines emerging from…
The 1980s commenced not only a new decade but a new generation and one that continues to transform Australia to this day. As the Millennials (or Generation Y as they are also known) began being born, there was no Apple Macintosh, no Microsoft Windows, the Space Shuttle hadn’t yet been launched, and Australians could still…
Is it better to invest in a house or an apartment? That’s an age-old question, but not one easy to answer. In fact, a few things have happened over the last few years that have caused investors to increasingly shy away from investing in apartments. So today, I’m going to discuss this topic with Brett…
Aussies are moving house less frequently. The median tenure for a house is nine years and for a unit, eight years, according to Domain’s latest Tenure and Profit Report, Last year’s decrease in prices might have made people delay selling their homes. However, the trend of longer tenure (how long you stay put in a…
High-interest rates and shrinking household savings have seen lenders blacklist a wave of 20 suburbs they consider more risky for mortgage lending. Mortgage repayments have surged since last May when the Reserve Bank began hiking interest rates from a rock bottom of 0.1% to the 4.1% kept on hold for October. Many Aussies have suffered…
How does the rising cost of living affect Aussies’ banking behaviour? Well, according to Finder’s new research, trust in traditional banks is growing with more Aussies saying they bank with the big four. Finder’s Consumer Sentiment Tracker shows a staggering 4 in 5 Australians (80%) – 16.2 million people – bank with one of the…
Aussies seem to be continuing to put their credit card spending on hold. In fact, new data from the RBA reveals that Australia’s total credit card debt has dropped for the third month in a row, this time by $88.1 million. The drop in this month’s figures is, at least partially, due to individuals using…
There’s no denying that buying a home is a big decision and yet you may be surprised by the number of people who are influenced by factors other than price, resale value, and location. From the number of a house to a lick of new paint on the walls, it seems we are influenced by…
It probably won’t come as a great revelation, but insurance can be complex. Like other financial products and legal contracts, there can be a lot to wrap your head around. This complexity can result in some misunderstandings. When it comes to protecting your investment property, you don’t want to have any misconceptions derailing your decisions….
