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.
Here are 10 inspiring quotes about getting starting and building things-from people who’ve actually done it. 1. “If everything seems under control, you’re just not going fast enough.” Mario Andretti, champion race car driver. 2. “Your income is directly related to your philosophy, not the economy.” Jim Rohn, author, mentor and philosopher 4. “Conditions are…
There’s a saying in property circles that you make your money on a piece of real estate when you buy it. The gist of this is, that if you can negotiate really well and buy the property at the right time in the cycle, you’ll instantly manufacture some profits. This myth has caused people to…
Are you feeling the financial squeeze? If so, you’re not alone. Fewer than one-third of Australians (28%) feel optimistic about their financial situation heading into 2025, according to Canstar’s Consumer Pulse Report 2024. Rising mortgage repayments, rent increases, and the skyrocketing cost of living have stretched household budgets to breaking point. Let’s unpack the results…
Is Australia still in the midst of an investor boom? Well, investor loans are growing more than three times faster than owner-occupier loans, rising 19% annually, according to Money.com.au’s Mortgage Insights Report. In contrast, owner-occupier loans are growing at a much slower rate of just 5% annually. Let’s unpack the data from the report for…
Buying a property is not an investment strategy. Building a property investment portfolio involves much more than picking the property type and your price bracket. You need a goal in mind and a plan for achieving it. And not only that… it’s essential! After all, planning is bringing your future into the present so that…
It’s no secret that Australia’s major cities are facing a housing crisis. With affordability at an all-time low and the dream of homeownership becoming more elusive for many, there’s one crucial piece missing from our housing puzzle – the “missing middle.” This term refers to medium-density housing options like townhouses, duplexes, and low-rise apartments, which…
Has your wallet felt a bit heavier lately? Well, you’re not alone. Across the country, Australian households have seen their wealth jump significantly. As of the September 2023 quarter, the nation’s household wealth surged by $339.4 billion, a robust increase of 2.3%. Household wealth rose for the eighth quarter in a row, according to the Australian…
Understanding how Australia’s demographics will shape future housing preferences is an integral part of the strategic planning process for property investors. The “Three Peaks in Life”—family formation, midlife career shifts, and retirement—are pivotal milestones that influence where and how people choose to live, and if you want to own an investment-grade property that will outperform…
![[PODCAST] Property Winners, Losers and Predictions for 2025. A Big Picture Guide with Pete Wargent](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/12/MY-podcast-633_Big_Picture_Podcast_Pete_Wargent-270x200.jpg)
In this “Big Picture” episode of my podcast I get together with leading financial commentator Pete Wargent, who brings decades of perspective to his views, and we discuss the clues in the news as to what’s ahead for our economy and the property markets. Today we discuss the amended outlook for interest rates and what…
Australia’s middle class is no longer the robust backbone it once was. Over the past few decades, it has been hollowed out, squeezed by economic forces, structural changes, and policy decisions. What was once a bell curve society—dominated by a thriving middle class—is now becoming a U-shaped structure, with more people slipping into the lower…
