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.
It’s a tough time for central bankers the world over, but especially for Reserve Bank of Australia governor Philip Lowe. Having forecast during the COVID recession that Australia’s central bank wouldn’t raise interest rates before 2024, he’s taking a lot of stick for nine consecutive rate rises since May 2022. This has taken the cash…
Homeowners in Melbourne’s outer suburbs are the most financially stressed across Victoria, with around 500 households at risk of falling behind on their mortgage, credit bureau Illion predicts. The data shows that as of January, 67% of home loans in Victoria were more than 30 days overdue, which Illion predicts will rise to 70% thanks…
Last week, a prospective client asked me a very good question. They asked whether I have data that shows what investment returns my clients have generated. Whilst this sounds like a logical question, my response was that not only did I not have this data, but it also wouldn’t necessarily be that useful. The reason…
While property price falls have been capturing widespread media attention, it is crucial for buyers, sellers, and owners to contextualize these figures. So let’s start by looking at what has actually happened to property prices. Of course the decrease in borrowing capacities caused by increasing interest rates has impacted home values, leading to a consistent…
Tight supply, rising interest rates, and reduced borrowing capacity dampened Australia’s property market in 2022, with prices falling from their pandemic-induced peaks. Prospective sellers have been sitting on the sidelines, delaying decisions to see how high inflation and rising interest rates will affect the market. But Domain’s latest house price report shows that while property…
We are all looking for the “one”. There’s no argument about that. In one of his regular columns in The New Daily, demographer Simon Kuestenmacher explained how to use Census data to help you find a partner. He noted that love, or at least relationships, is also a numbers game. And as you read on…
Most people are completely oblivious to their behaviours, habits, and thinking as well as the behaviours, habits, and thinking of others. Many studies have been performed on this unusual human tendency. The researchers even have a name for it – Inattentional Blindness. The main cause of this Inattentional Blindness is the brain’s inability to multitask…
Australia’s COVID-induced whirlwind love affair with the country’s hottest regional cities has run its course with values declining sharply as vendor discounts climb and days on market blow out. CoreLogic’s Regional Market Update, which examines Australia’s 25 largest non-capital city regions, shows 13 areas recorded an increase in house values over the year to January…
The profile of risks facing the world is evolving constantly. Events like last year’s invasion of Ukraine can send shockwaves through the system, radically shifting perceptions of what the biggest risks facing humanity are. Today’s graphic summarizes findings from the Global Risks Report, an annual publication produced by the World Economic Forum (WEF). It provides an…
Towards the end of each year, the ABS releases data on the number of births and deaths across the country. The birth data generates significant interest, and more so this year as the fertility rate increased for the first time in many years. While the number of births, and the fertility rate, are important social…
