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 rental markets across the country continue to be tight, with a high demand for rentals that surpasses the available supply. Consequently, there is an upward trend in weekly rents, and vacancy rates are declining. The pandemic has exacerbated this situation, with vacancy rates plummeting by 50%, highlighting the severity of the conditions in most…
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If you’ve been following the news lately, you might have noticed that there seem to be a lot of mixed signals about the state of the property market. While some commentators are warning of a looming property market crash due to rising interest rates, the statistics that came out at the beginning of the month…
We are all aware that central banks around the world have been hiking interest rates to reduce inflation back to normal levels. The US economy, and particularly the labour market, have been more resilient than most expected. This means the US central bank might have to hike interest rates higher than in other jurisdictions to…
Sydney unit prices are now rising, and I believe will continue to do so for a number of reasons. Firstly, interest rates are at or close to their peak now, with Australia’s 3-year bond yield trading down towards 2.7 per cent, from around 3.7 per cent only a few weeks ago. This largely reflects the…
Have you ever bumped into someone with the same birthday as you? What about someone sharing a birthday in your workplace? How common is a shared birthday, anyway? The birthday problem, as it’s called by mathematicians, reveals problems with our understanding of number theory, probabilities and our assumptions of how the world works. It comes…
I’ve found high achievers, be they property investors, business people or entrepreneurs do things in a certain way and think in a certain way. After looking at the lives of certain great men, Abayomi Jegede was able to come up with 13 rules that high achievers never break. He suggests that if you obey these…
It has been very well reported that many mortgage holders will soon be paying much higher interest rates when their fixed rate terms expire. It is estimated that $478 billion worth of fixed-rate mortgages is due to expire in 2023. In addition, borrowers may also have to navigate the end of an interest-only term, which…
Australia’s population is booming, with migration levels exceeding the peak of the mining boom. And there are some regions in particular where popularity is surging. Commbank and the Regional Australia Institute’s latest Regional Movers Index shows that there are 5 Australian regions where migration has exploded… by more than 200%. Sea and tree-change shift is…
Whether you’re trying to build up your savings, pay off your debt, or simply make sense of where your money is going each month, you may have thought about creating a budget to help you reach your financial goals. Even if you’re just starting out on the path to financial independence, a budget is a…
Although Australia ranks as the sixth largest country globally, its population density is just 3.3 individuals per square kilometre, making it one of the least densely populated countries in the world. Despite the vast land area available, the majority of the population clusters along the eastern seaboard and prefers living in smaller properties near major…
