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.
Once a symbol of prestige, a million-dollar price tag is becoming more common as rising values push more Australian suburbs into the seven-figure club. Cotality’s latest Million Dollar Market report analysed 4,844 markets (3,514 houses and 1,330 units) across the country and found that one in three (34.1%) recorded a median house or unit value…
There’s an old fable about Christopher Columbus I’ve always loved. In 1493, fresh off his first voyage to the Americas, Columbus sat at a celebratory dinner with Spanish nobles. But instead of praising his achievement, they downplayed it. “Anyone could have sailed west and found land,” they scoffed. “You just happened to get there first.”…
Have you ever noticed how easy it is to swipe a card but how hard it feels to pay it off? For many Australians, credit cards are less of a convenience and more of a trap. And according to new research from Finder, this is a growing concern that could keep millions of households stuck…
J.K Rowling went from being on welfare to being a multi-millionaire in five years. She never forgot where she came from and has donated hundreds of millions of dollars to charities as a result, actively supporting numerous organizations and establishing her own children’s foundation. Here’s some of her quotes which I hope will inspire you…
When most people think of identity theft, they imagine vulnerable seniors being tricked over the phone or tech-savvy scammers preying on the young. But the reality is very different, and far more unsettling. A new study has revealed that the group most likely to be victims of identity fraud in Australia isn’t the elderly or…
Over the last 50 years in property, I’ve seen this play out time and time again… The real fortunes in property aren’t made during the boom. They’re made before the main property boom by investors who recognise the signs, trust the process, and have the courage to act while everyone else is sitting on their…
Migration has always been part of Australia’s DNA, but right now it’s shaping our future more than almost any other force. In 2024, about 580,000 new residents arrived, while roughly 240,000 people left permanently, giving us a net migration gain of around 340,000. That’s significantly higher than our long-term average. And it’s got plenty of…
As many young Australians struggle to enter the housing market, research shows the “bank of mum and dad” is often called on to help. But what kind of financial support are parents willing to offer their kids? And how has that changed over time? That’s what our recent survey of 1,725 Australian parents – mostly…
The age-old question of whether money can buy happiness has been hotly debated by philosophers, economists, and social scientists for decades. However, a study published a few years ago in the Proceedings of the National Academy of Sciences suggests that, for most people in the United States, the answer is yes. Daniel Kahneman, a Nobel…
The price you pay for an investment property will only matter if you purchase the wrong asset. An investment-grade asset will, in the long run, mask any purchase price errors that you may have made. That is why focusing on the quality of the asset is easily the most important thing you must do when investing in property. Simple…
