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.
Australians who have no place to call “home” is increasing, and that should not be happening in Australia where we have one of the highest standards of living in the world. In fact, the most recent count of rough sleepers in NSW recorded 1,623 people compared to 1,207 people last year. Regional areas are particularly…
There’s been plenty of attention on the supply and demand deficit contributing to the Australian property market’s resilience. As of May, new listings added to the market were -20% below the previous decade’s monthly average across Australia and the ‘months of supply’ ratio, which measures the amount of time it would take to deplete stock…
So after a few years of hard work, you’ve got a neat little fund set up, and you know that one of the best long-term ways to invest your money is to put it in property. You’ve heard the success stories of million-dollar portfolios, of investors who have managed to retire early on high-growth properties…
All investment asset classes move in cycles. Investment returns are almost never linear. As such, investors must expect good and bad periods, which is why patience and discipline are big contributors to an investor’s success. I suspect that commercial property investors’ patience and discipline are about to be tested. This asset class is facing a…
In good news for those stuck in “mortgage prison”, Australia’s biggest bank, CBA, has announced it will lower the stress test on select refinance applications from 3 percentage points to just 1 percentage point. By the APRA guidelines, banks are required to subject all new mortgage applications, including refinancing, to stress tests. But moves by…
Are you looking to build a level of wealth or financial security like the majority of Australians? It is the most common answer I get when I ask clients what they would like to get out of their investments. ……“Financial Freedom” It is the Holy Grail of Investing and one that few people ever get…
Almost 1,700 Australian house and unit suburbs have recorded a rental increase of 10% or more in the past year, despite the pace of rental growth showing signs of easing. CoreLogic’s national rental index shows the rate of rental growth has softened slightly, with rents up 0.8% in May compared to the 0.9% and 1%…
Australian consumers are currently facing a challenging environment due to high inflation. According to this report from Westpac, the Reserve Bank of Australia (RBA) intent to bring inflation back to the target range of two to three per cent, is putting significant pressure on Australian households. Westpac expect the RBA to deliver two more rate…
My mentor, when I was 25 years old, dropped a phrase on me that changed my life forever when he said; “Profits are better than wages. Wages will make you a living, profits can make you a fortune.” You know it is a bit difficult to get rich on wages, but anybody can get rich…
The Australian property market hasn’t taken the big, prolonged plunge that the pessimists forecast. In fact, the most recent PropTrack Home Price Index indicates that the ongoing price rebound carried on through May, and we’re seeing prices go up in more places than before. Home prices across the country have been going up for the…
