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.
The Australian property market has been experiencing a major shift over the past few years, with a significant increase in the number of suburbs where renting a house or apartment is cheaper than buying. According to research by CoreLogic for the Australian Financial Review, this trend has been driven by soaring mortgage costs, which have…
Australia’s total credit card debt has continued to climb, with data released from the Reserve Bank of Australia (RBA) indicating that it rose for the fifth month in a row in February 2023. The RBA figures showed that the total credit card bill attracting interest charges increased by $270 million to $17.75 billion – the…
![[Podcast] The secrets to a fulfilling life 19 things I wish someone taught me when I was young, with Mark Creedon](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/04/The-secrets-to-a-fulfilling-life-19-things-I-wish-someone-taught-me-when-I-was-young-270x200.jpg)
In today’s podcast, we will be discussing some of the things that I wish I had learned earlier in my life that would have helped me to appreciate my life better. Whether you are just starting out in life or looking for ways to improve your current situation, I hope my discussion with Mark Creedon…
Last week, the Australian published a story saying net-overseas migration would reach 650,000 over the two financial years, 2022-23 and 2023-24. As the story included comments from Treasurer Jim Chalmers and Treasury Secretary Steven Kennedy, we can assume these numbers will appear in the population statement accompanying the May budget. The new numbers have attracted…
Ever thought of quitting your job and working on (or living off) your property full-time? If so, you’re not alone. I frequently see clients or potential clients of Metropole who want this. In fact only the other day I sat with someone who said: “I’ve been wanting to get out of the business we’ve been in…
![[Podcast] What makes an investment-grade location? With Brett Warren](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/04/What-makes-an-investment-grade-location-270x200.jpg)
Location, Location, Location! In today’s podcast, we’re going to dive deep into the world of property investment and explore the importance of location in achieving long-term success. And more importantly, what makes an investment-grade location? Joining me today is Brett Warren, National Director of Metropole Property Strategists, to share his expertise and insights into what…
A recent report reveals that while property prices have declined throughout Sydney as a whole during the past year, certain suburbs have experienced growth at a rate of over 10%. The Shore Financial State of Sydney Report conducts a quarterly analysis of Sydney’s 600-plus suburbs and identifies the top five suburbs in each quintile based…
Over the past few months, the accelerated increase in interest rates has led to decreased borrowing capabilities, resulting in a decrease in demand for home purchases and consequently, a decline in demand for new housing loans. This has resulted in a drop in new lending for all types of borrowers, and in January, the value…
While driving to Burnie airport, we suddenly found ourselves caught in one of those fierce storms that occasionally lash the northwest of Tasmania. The main road was blocked by fallen trees but because our plane was departing in an hour, we decided to try a lesser-used road to find a way through. In the middle…
I find it ironic that the two common financial mistakes that people make are not investing i.e., procrastination or doing too much i.e., turning over investments, changing their minds and so on. But, sometimes reacting, changing, tinkering, selling, buying and so on can be equally as bad. The truth is that investing requires a lot…
