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.
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…
Buying your first property heralds the beginning of your investment journey, but it does not end with signing that contract and getting that property title. That home or apartment is not going to make money by itself, so for savvy investors, the natural next step is to rent it out and make a killing off…
Can a tenant sue an agent or landlord for negligence? In a word – yes. Negligence. It’s a word that doesn’t have a nice ring to it. It’s kind of ominous – and for good reason. If a tenant is using the words ‘negligence’ or ‘negligent’ when referring to their landlord or property manager, they…
A fish rots from the head down. What this means to me is that poverty begins and ends in the mind. According to my Rich Habits Study, most of the rich (76%) are born into either poverty or the middle class. According to the 2016 Wealth X Census, 75% of the rich are born into…
Not that long ago, Australia was in the midst of the fastest drop in housing values on record, as rapidly increasing interest rates caused capital city values to plunge more than 9% in the space of about 10 months. That’s all changed since hitting a low in February, with three consecutive months of positive growth…
