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.
How would you use your tax returns? According to new research from Finder, 1,077 respondents revealed a worrying 1 in 8 Australians (12%) – equivalent to 2.4 million people – admit this year’s tax refund is ‘critical’ to their financial health. Almost 1 in 4 (23%) say cash injection at the end of the financial…
The Reserve Bank could deliver a further 0.25 percentage point hike in the next few months, potentially as early as next Tuesday, after today’s CPI figures confirmed inflation has remained stubbornly high in some categories. In a mixed bag of results, the latest data from the Australian Bureau of Statistics (ABS) shows annual inflation increased from…
Strong tenant demand for capital city unit rentals and a shortage of available listings has drastically closed the gap between median house and unit rents, with the gap dropping from $64/week to $39/week in the space of a year. CoreLogic’s monthly Australian Unit Market Update shows growth across capital city unit rents continues to outpace…
Where are the wealthiest cities in the world? Well, Henley and Partners, a firm specializing in residence and citizenship planning, has unveiled the top 10 richest cities for the year 2023. The list ranks each city based on its resident millionaires. One city in Australia has made it onto the list, highlighting the wealth of…
Selling your home is always a time of excitement because it often means you’re moving somewhere new perhaps because of a work promotion or even a new addition to the family. Regardless of the reason, people buy and sell in every market, so it’s always wise to do what you can to potentially increase the…
Over the past 20 years, the US share market has risen 5-fold, the Australian share market 5.4-fold, and Australian property 4.2-fold. That means if you invested half a million dollars 20 years ago, in either shares or property, it should be worth between $2 and $2.5 million today. You’d have even more money if you…
![[Podcast] In case you missed it, the downturn in our housing market is over – Big Picture Podcast, with Pete Wargent](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/05/In-case-you-missed-it-270x200.jpg)
In today’s monthly Big Picture episode Pete Wargent and I will be exploring the nightmare ahead because of our capital city housing shortage, how the Budget will affect our property markets, and how Build to Rent works because as a property investor, you must know about it. We’ll also discuss the retreat from the regions…
Recent research indicates that more than two-thirds (68%) of parents who do not own a home find it more challenging to find a suitable rental property when they have children. The Choosi Cost of Kids Report 2023, surveyed 1,210 Australian parents with children under 19 years of age and couples intending to have children. Almost…
In Tom Corley’s five-year Rich Habits study of 233 rich people and 128 poor people, he discovered that we adopt the beliefs of our parents, family, mentors, culture, and environment. He shares some of those revelations with regard to the value of a mentor. Finding a mentor is like having someone deposit $4 million into…
We all know factors like vacancy rates, rent prices, interest rates and other trends directly impact the investment property market. But you may not realise these can also affect landlord insurance. Let us explain… There’s no shortage of news articles and data about Australian property. While providing a snapshot of the investment market, these figures…
