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.
Queensland had the highest volume of property sale settlements in the September 20211 quarter according to PEXA – the electronic property settlement platform. In fact, Queensland was the only state to achieve positive quarter-on-quarter volume growth according to Pexa’s Property and Mortgage Insights report The impact of the extended lockdowns in NSW and Victoria was…
There’s a lot of talk about Australia’s property boom and how house prices are growing at the fastest rate in decades. However, according to Knight Frank’s Global House Price Index, Australia ranked only seventh out of 55 countries for annual price growth. While overall price growth in Australia was 16.4% over the 12 months to…
The trend of empty-nesters moving from large, luxury homes into large, luxury units has has been called “rightsizing” rather than downsizing. Apparently owning an expansive house with a white picket fence and garden with stretching green lawns is no longer the Australian dream retirees and many wealthy families Instead, they are rightsizing, or downsizing, for…
Worldwide, the working-age population will see a 10% decrease by 2060. With a rapidly aging global population due to declining birth rates and increased life expectancy, a smaller workforce will slow down economies and raise healthcare costs. Where does your country rank? Image: OECD The implications of an aging population The world is experiencing a…
China’s economic momentum is slowing. Official figures published this week showed GDP growth in the last quarter came in at an annual rate of “just” 4.9%. This compares with 7.9% annualised GDP growth for the previous quarter. I say “just” because the last time the Australian economy grew this fast was — checks notes –…
Australia’s $3 million suburb club has doubled again in 2021 thanks to the housing market boom, as the luxury property market powers ahead during the pandemic. The hot pace of property price growth this year has led to more suburbs cracking the $3 million median house price, realestate.com.au senior economist Eleanor Creagh said. “The luxury…
APRA – the financial regulator for the big banks – has introduced a policy initiative designed to reduce perceived emerging risky lending. APRA is concerned that because of our recent strong housing market activity, home loan sizes are increasing faster than incomes, potentially increasing the debt load for new borrowers. This could become an issue…
Are you a director of a company or maybe the director of the trustee of a trust or your SMSF? As part of a suite of amendments introduced by the Treasury Laws Amendment (Registries Modernisation and Other Measures) Act 2020 (Cth) in June, all company directors will now be required to be identified by unique…
![[Podcast] What Does Success Mean to You With Mark Creedon](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/10/BAB-26-Success-270x200.jpg)
The underlying theme of my podcast is property investment, success, and money, and today I will be talking a bit about success with Mark Creedon, founder of Business Accelerator Mastermind. But this isn’t a business show – you will find what we discuss today relevant no matter what you do for a living, and if…
How have the coronavirus lockdowns affected you? Has the pandemic changed your strategy or approach to property investing? Are you considering moving to live in a different location because of COVID-19? These are only some of the Covid-19 related questions we recently asked 1,700 Australian property investors and would-be investors in our annual Property Investment…
