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.
This is a tale of two visionaries that holds a message for property investors because one of them was totally right and the other was completely wrong. The first visionary was Henry Hellyer, who was employed by the Van Diemen’s Land Company in the early 1800s to find suitable sheep farming land in their recently…
One of the fascinating things I discovered in my Rich Habits research was the fact that many self-made millionaires, particularly the Dreamer-Entrepreneurs and Big Company Climbers, at some point, got lucky. 84% of these self-made millionaires attributed their good luck to their daily habits 87% of these self-made millionaires said they were lucky and 92%…
Property investors and big businesses are furious that are being used as an ATM to foot the bill for the Victorian government’s COVID-19 debt, as part of a 10-year fiscal repair plan unveiled in the 2023-24 Victorian Budget The budget treasurer Pallas handed down includes a COVID-19 debt levy that rakes in $8.6 billion in…
![How global housing prices have changed since 2010 [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/03/house-price-bg-270x200.jpg)
In many countries around the world, it seems like house prices have been constantly climbing. Houses fulfil a rare mix of necessity, utility, and sentimentality, and for many, also act as a primary investment to build wealth. And it’s that last angle, combined with increasing demand in many countries, that is driving housing prices skyward….
They say men are from Mars and women are from Venus, and it’s certainly true that when it comes to securing their financial future, the two sexes are worlds apart. While men seemingly have little difficulty pursuing wealth and success, societal norms and distorted perceptions often see women taking a backseat in this arena, to…
![[Podcast] A leading economist’s view on the Budget’s property initiatives and a housing market update, with Dr Andrew Wilson](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/05/MY-AW-270x200.jpg)
If you’re a tenant in the market for accommodation, good luck finding something to rent. And if you’re a home buyer or investor, by now you’d realise the market is on the move again. Today I chat with Dr Andrew Wilson, Australia’s leading housing economist and we discuss his thoughts about the Federal Budget and…
Demand for dwellings has seen an impressive lift in the past two months. Evidence of this can be seen through increases in the CoreLogic Home Value Index, higher auction clearance rates, and a rise in the number and value of housing finance commitments reported by the ABS. What will the impact of rising demand have…
Property investors are always looking for the causes of house price growth. The reason is obvious – if we know what leads to price rises, we can find potential boom areas before the growth starts. One well-tested way to do this is to find links between cause and effect, which is a process called correlation….
CBRE extrapolated in a report insight that Australia’s population will grow by around 4.43 million over the next decade, following a pause in immigration through the international border closures period. This will represent an increase in the Aussie population of well over +15 per cent over the decade, driving significant demand for housing, with most…
The Federal Labor government made a bold pledge to build one million new homes in five years as part of their housing accord last October. As Treasurer Jim Chalmers unveiled the ambitious plan, many applauded the effort to address Australia’s rental crisis and housing shortage. However, with the housing industry warning that high-interest rates and…
