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.
Let me start with a statement that might make you uncomfortable: Most wealthy people don’t become wealthy by working for money. Sure, they work hard – sometimes harder than anyone else – but they don’t trade hours for dollars the way the average employee does. And that’s the key difference. Because if your wealth depends on…
Most investors walk straight past villa units on their way to something that feels more impressive. I think that’s a mistake, and after years of watching what actually builds wealth through property, I’ve come to appreciate these quietly reliable assets far more than most people give them credit for. A villa unit sits in an…
In the ever-evolving landscape of real estate, there has been a notable shift in focus towards neighbourhood when homeowners have been making their buying decisions. And investors should similarly focus on selecting the right neighbourhood as this trend transcends mere aesthetic appeal or status symbols; it delves into the more profound aspects of socio-economic dynamics…
For decades, Australians became accustomed to the idea that each generation would enjoy a better standard of living than the one before it. We worked, we saved, we bought homes, we built businesses and, despite the occasional recession or economic shock, most households expected their incomes and wealth to rise over time. Unfortunately, that expectation…
How do I invest? What approaches do I use and which strategies do I use? Those questions were recently put to me by a journalist wanting to write a feature article. He also asked what’s been the “secret” to my success in building a very substantial property portfolio and having succeeded through multiple property cycles. So…
Three months on from the federal budget changes, the verdict is in, and it isn’t pretty. Fewer first home buyers are active in the market than before the changes landed, and everyday property investors have almost entirely been swept aside. For anyone who has ever wanted to work hard and improve their position by buying…
One of the reasons I’ve always been attracted to property is that it’s an imperfect market. And I mean that in the best possible way. When I look at investments, I’m drawn to asset classes where knowledge, strategy, relationships, patience and negotiation can give me an edge. That’s why property appeals to me. It gives…
Do you want to buy an investment property but don’t have the cash readily available for a deposit? The good news is, if you already own a property, there is a way of buying a second property using equity instead. So if you’re wondering how equity works when buying a second home, read on and…
![Adelaide housing market update [video] | August 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/04/adelaide-270x200.jpg)
Adelaide’s July decline was small — home values dipped just 0.2%, following a 0.3% fall in June. Two consecutive monthly declines totalling half a percent hardly constitutes a crisis. But the number that genuinely matters in Adelaide right now is not about prices at all. It is about how many properties are available to buy….
Over the past week, all four of Australia’s biggest banks have reported falls of between 12% to 20% in new home loan applications since the May federal budget. After announcing it would keep interest rates on hold, the Reserve Bank confirmed demand for new home loans has “declined noticeably”. For anyone currently in the market…
