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.
What lies ahead for Australia’s property market in 2025? Ray White’s 2025 Property Outlook Report highlights ten key trends set to shape residential and commercial real estate in the coming year. Let’s break these predictions down and explore what they mean for property investors, homeowners, and the broader market. 1. Rate cuts expected in 2025…
Are we still the “lucky country,” or are we seeing a steady erosion of our living standards? According to Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Investments, the answer might not be so clear-cut. In a recent Oliver’s Insight, he warns that “falling real wages and a surge in tax and…
![Melbourne housing market update [video] | December 2024](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/01/melbourne-1-270x200.jpg)
Melbourne’s housing market is continuing to navigate a relatively mild downturn, with housing values falling a further 0.4% in November to be down 2.3% over the past 12 months. Values are now 5.5% below their record highs set in March of 2022, and they’ve risen by only 12% over the past five years, which is roughly a…
Imagine you’re part of a group of cavemen, walking through the tall grass in the Savanna on the hunt for your next meal. Suddenly, a member of your group catches a glimpse of a lion out of the corner of their eye. The member motions to the other members of the group. In a split…
Prime Minister Anthony Albanese’s new $4.3 million cliffside “holiday home” may have raised the ire of voters, but he isn’t the only politician with an enviable property portfolio. With nearly half of Australia’s federal politicians owning multiple properties, many Aussies are questioning whether those tasked with solving the housing crisis are instead profiting from it….
If a picture paints a thousand words, then this collection of charts should do a pretty good job of painting the landscape as it affects our economy and our property markets. Each month the RBA summarises macroeconomic and financial market trends in Australia by providing a detailed chart pack. World Economy Australia’s economy doesn’t operate…
![Australian housing market update [CoreLogic’s video] | December 2024](https://cdn.propertyupdate.com.au/wp-content/uploads/2017/10/House-business-section-analysis-270x200.jpg)
As we wrap up 2024, the housing market’s setting up for a relatively weak start to 2025. For November, the National Home Value Index saw an incremental increase of just 0.1%, the smallest rise since January 2023, suggesting that growth momentum may be fading after an extended period of 22 months. Notably, major cities like Melbourne…
One of the difficulties we face in our industrialized age is the fact we’ve lost our sense of seasons. Unlike the farmer whose priorities change with the seasons, we have become impervious to the natural rhythm of life. As a result, we have our priorities out of balance. Let me illustrate what I mean: For a farmer, springtime is…
The 2024 auction season has principally concluded with solid results overall although clearance rates in some capitals were predictably lower as the holiday season rapidly approaches. This weekend’s auction results around Australia: Capital City This Week Last Week Saturday Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 979 61.7% 1169 62.4% 925 66.2% Melbourne…
The Australian property market is undergoing a significant transformation, influenced not just by economic factors like interest rates or supply and demand dynamics, but also by a generational shift in wealth. In recent years, the role of inheritances and financial support from the ‘Bank of Mum and Dad’ has become a key player in the…
