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.
We often talk about the things that we learn in business, the lessons that we get, and the people we get the lessons from. That got me thinking just the other day about how I also think there are some lessons that we can learn not from people, but in fact, from animals. It got…
![[PODCAST] Winter Property Market Shock: Prices Fall Nationwide with Dr Andrew Wilson](https://cdn.propertyupdate.com.au/wp-content/uploads/2026/08/801-Winter_Property-AW-Youtube-cover-270x200.jpg)
July has delivered the clearest evidence yet that Australia’s property market has changed direction, but the headline figures only tell part of the story. Capital city house prices fell by 1.5 per cent over the month, the sharpest national decline since August 2022, while Sydney recorded a particularly significant fall of 2.7 per cent. Melbourne…
Australian home prices fell for the fourth straight month in July, with capital cities driving the decline, according to the latest Home Price Index from PropTrack. Data shows that the median price of an Australian home fell by 0.3% in July to reach $894,000. Houses were down 0.4% to $989,000, while units were down 0.2%…
For decades, home ownership has represented much more than having a roof over your head. For many Australians, buying property has been the cornerstone of financial security, a way to create choices during retirement, and perhaps most importantly, an opportunity to leave something meaningful for the next generation. That belief has shaped the financial decisions…
If you’ve been wondering where the next wave of opportunity will come from in Australia’s property market, look no further than Melbourne. Beneath the noise of headlines about interest rates and affordability, a powerful demographic story is quietly unfolding, one that is setting the stage for the city’s next property boom. Melbourne’s growth engine is…
Today, I want to explore one of my favourite Jim Rohn quotes that I think will hit home for a lot of people. It states, ‘Everyone must choose between two pains: the pain of discipline or the pain of regret’. The American entrepreneur was great at capturing the discipline required for success, and this particular…
Australia’s property downturn gathered sharp momentum in July, with Cotality’s national Home Value Index (HVI) falling 0.7% – the largest single -month decline since December 2022. The downturn is no longer confined to Sydney and Melbourne, as cumulative demand -side pressures pulled previously resilient mid -sized capitals into negative territory. Sydney and Melbourne continue to…
Only 4% of those raised in poverty become self-made millionaires. Sadly, I could share all of the Rich Habits, success tips, wealth advice, health research, etc. with everyone in the world and still only a small percentage would take action. Why are so few willing to take action and change their lives? Because change is…
When it comes to meeting and conquering the negativity in your life, here is a key question: what can you do, starting today, that will make a difference? What can you do during economic chaos? What can you do when everything has gone wrong? What can you do when you’ve run out of money when you don’t feel well…
If you cornered me and asked me to come up with one single trait that I have found in common amongst the successful investors I’ve come across… what would that be? Obviously, there are several important factors underpinning success, but after speaking with Robert a number of years ago, I’ve come to the conclusion that…
