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.
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),…
China’s National Bureau of Statistics has confirmed what researchers such as myself have long suspected – that 2022 was the year China’s population turned down, the first time that has happened since the great famine brought on by Chinese leader Mao Zedong in 1959-1961. Unlike the famine, whose effects were temporary, and followed by steady…
![[Podcast] Maybe you should stick to your day job and not invest in property, With Stuart Wemyss (Summer Series)](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/01/Maybe-you-should-stick-to-your-day-job-and-not-invest-in-property-1-270x200.jpg)
When it comes to property investing are you a fox or a hedgehog? Is property investment an art or science? Maybe property investment isn’t what you should be spending your time on; maybe you should stick to your day job instead. That’s what I discuss today with Stuart Wemyss. And then, in my mindset moment,…
Australians’ well-documented affinity with the sun, surf and sand continue to fuel coastal property market growth. This growth defies rising interest rates and growing evidence of the impacts of climate change on people living in vulnerable coastal locations. People in these areas are finding it harder to insure their properties against these risks. Insurers view…
