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.
Home prices have lifted in March according to PropTrack who believe the end of interest rate rises are in sight. Proptrack Senior Economist Eleanor Creagh explained that limited supply, along with strong migration and higher rents, are underpinning property values. The Australian housing market has experienced significant changes in recent times, with home prices exhibiting…
Human beings crave certainty. When the circumstances of our lives are uncertain, we become filled with anxiety and worry. Uncertainty, for as long as it lasts, creates something called chronic stress. Chronic stress causes the body to convert cholesterol into Cortisol. While in the system, Cortisol weakens the immune system by interfering with the production…
You can’t escape the headlines that remind us property markets around Australia are in the adjustment phase of the cycle where prices are falling. So, is this the leg-up first home buyers so desperately need, to get themselves onto the property ladder at last? Is it the perfect time to trade up from your current…
The combination of declining property prices, greater interest rates on savings, and rising wages have resulted in a shorter duration for a couple to save up for an entry-level deposit in Australia. In fact, the latest data from Domain’s annual First Home Buyer Report revealed that first-home buyers’ time to save for a house deposit…
The number of suburbs where it’s cheaper to buy than rent has been slashed in the past year, due to a record number of rate hikes that have outpaced skyrocketing rents. CoreLogic’s analysis of 3,904 house and unit markets nationally found for houses, just 9.1% of suburbs were cheaper to buy than rent, down from…
The upcoming Reserve Bank cash rate decision is a close call, but the latest inflation figures may be enough to prompt the RBA to hit the brakes next Tuesday. In Australia, inflation is moving in a positive direction, with February’s annual figures at 6.8%, down from 7.4% the previous month and 8.4% in December, according…
The ABS released its monthly inflation gauge, and it showed inflation dropping sharply from 7.4 per cent to 6.8 per cent in February. This was way under market estimates and confirms inflation as well down from 8.4 per cent last year. After an implied -0.4 per cent last month, the monthly inflation figure was only…
What’s the outlook for the Australian property markets for 2023? There are so many mixed messages in the media, aren’t there? If you are like many home buyers or investors you’re wondering, should you buy, should you sell, should you hold? If you’ve been listening to my podcasts you’ll know I believe that 2023 will…
Australian households are stuck in survival mode, according to Finder’s Cost of Living Report 2023, which has combined data from Finder’s Consumer Sentiment Tracker (CST) and Finder’s Reserve Bank of Australia Survey. It has uncovered the far-reaching impacts of the cost of living crisis. Rising costs have impacted the majority of Australians Some of the…
Investor confidence was battered last year with eight consecutive rate rises, but will this year be any better for our property markets? In all the current uncertainty, it’s good to know that there are some property market indicators that point the way forward and help us time those critical turning points. To demonstrate how they…
