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.
![Cybercrimes expected to skyrocket until 2027 [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2022/11/pexels-sora-shimazaki-5935794-270x200.jpg)
We still don’t have an end to cybercrime attacks. In fact, according to estimates from Statista’s Cybersecurity Outlook, the global cost of cybercrime is expected to surge in the next five years, rising from $8.44 trillion in 2022 to $23.84 trillion by 2027. Cybercrime is defined by Cyber Crime Magazine as: “the damage and destruction…
It’s been well documented that property prices rose significantly over the course of 2020 and 2021. According to the Real Estate Institute of Australia, median house prices in eastern capital cities rose between 30% to 40% over those 2 years. However, unfortunately, apartments underperformed compared to houses in a big way. I wanted to discuss…
New home sales have been declining as interest rates have been rising. This is because when interest rates increase, borrowing costs for mortgages also increase, making it more expensive for potential buyers to purchase a home. Additionally, rising interest rates may also cause some buyers to delay purchasing a home until rates stabilize or decrease….
3 Australian cities recently were found to offer the highest quality of life. Now city living isn’t everyone’s cup of tea—the world’s most populous cities can be hectic, noisy, and busy. Yet, despite the chaos of urban life, cities offer inhabitants a number of comforts and conveniences that are harder to find in smaller towns….
![[Podcast] Here’s why the property markets may have already bottomed, with Stuart Wemyss](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/01/Heres-why-the-property-markets-may-have-already-bottomed-with-Stuart-Wemyss-270x200.jpg)
Have their property markets really bottomed? Well, that’s a brave call made by my guest today, Stuart Weymss. If you think about it, this time last year, the property market was running full steam ahead, consumer confidence was high, and you could still get a fixed mortgage rate with a 2 in front of it….
Our property markets have cooled from their peak, but housing affordability still plagues would-be first-home buyers. Buyer borrowing capacity is shrinking with every Reserve Bank interest rate hike, which, combined with concern about where the market is heading has replaced buyer FOMO (fear of missing out) with a fear of buying too soon. The question…
Millions of Aussie families are switching to public schooling to help save the budget, according to new research by Finder. According to Finder’s Parenting Report 2023, which surveyed 1,032 Australian parents of children under 12, 17% are contemplating moving their child from a private school to a public school to reduce their expenses. A further…
![[Podcast] Why not invest like Warren Buffett? (Summer Series)](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/01/Why-not-invest-like-Warren-Buffett-270x200.jpg)
What would Warren Buffett say about how I approach my property investing? And why do I even care? Well… Buffett who is 90 years old is consistently ranked amongst the world’s richest people, is arguably the most successful investor of the 20th century and has an estimated net worth of $107 Billion. This means, he’s…
The Consumer Price Index (CPI) rose 1.9% in the December 2022 quarter, according to the latest data from the Australian Bureau of Statistics (ABS). Annual inflation was 7.8%, close to the Reserve Bank of Australia forecast that headline inflation would peak at 8% over the year. More importantly, underlying core inflation (the RBA’s preferred reading…
The population of Australia’s capital cities has more than doubled in the past 50 years, increasing by 8.7 million people. In 1971, 8.6 million Australians lived in the capital city. By 2021, this number had increased to 17.3 million people. Between 1971 and 2021: Melbourne had the largest population growth (up by 2.4 million people),…
