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.
Higher interest rates and uncertainty over the Federal Government’s proposed property tax changes are clearly taking some heat out of Australia’s property market, with new mortgage lending falling sharply in the June quarter. According to the latest ABS lending indicator data the total value of new housing loans settled in the June quarter was $97.6…
![Melbourne housing market update [video] | August 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/01/melbourne-1-270x200.jpg)
Melbourne has now recorded eight consecutive months of falling home values, and the July figure — a 1.2% decline — brings the total loss since the November 2025 cyclical peak to 5.1%. In dollar terms, that represents approximately $46,000 removed from the median dwelling value in eight months. But the more revealing number is a…
Have you ever wondered why it’s easier for people who have money to make more of it? I mean, why is it that the second and the third million are so much easier to earn than the first million? Do you want to know what the biggest difference is between how wealthy people build wealth…
There is no doubt that our housing markets are facing challenges from all directions, but clearly they have remained more resilient than the property pessimists had predicted. To better understand what’s happening, this monthly collection of charts from Cotality paints an interesting picture. According to Cotality, double-digit declines in home values would make little dent in…
You’ve probably heard the word gentrification thrown around – usually with a bit of controversy attached. But if you’re a property investor, it’s not just a social trend… it’s a wealth accelerator hiding in plain sight. Because when a suburb starts changing – the cafes arrive, the streetscape improves, the demographics shift – property values…
The Australian housing downturn has stopped being a two-city story. Cotality’s Home Value Index recorded a 0.7% national decline in July 2026 — the largest monthly fall since December 2022 — and for the first time in this cycle, the weakness has reached almost every corner of the country. Brisbane fell 0.6%. Adelaide slipped 0.2%….
Reaching your goals starts with you – you’re willing to believe and give it your all. Some of the greatest and most inspirational people throughout history reached their goals, against all the odds. Their words of wisdom are a reminder that nothing is impossible. Get inspired to reach your goal with their inspirational quotes: “If…
What are the big rocks in your life? Put simply, your big rocks are your priorities. They are the tasks, projects or goals you absolutely must accomplish. If you’re like most people you’re likely to be very busy, but how productive are you? While successful people always find a way to keep a focus on…
Australia’s housing shortage is usually blamed on population growth, sluggish construction, planning delays, labour shortages and the rising cost of building new homes. All of these factors matter, but another powerful force is sitting quietly in the background. Australia has around 4.5 million baby boomers, aged between 62 and 80, and many remain in the…
Are you a coffee lover? I remember taking a trip to Brazil and on one of the tours we took a drive through the coffee plantation, the tour guide said ‘this is where espresso originated’. Little did he know that on the tour was a couple from Italy, who had a few words of argument…
