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.
Genes are Apps that can be clicked on or off. The mind drives the body, and the body’s response to your thoughts switches genes on or off. Examples When you are exposed to something in your environment that poses some threat to your well-being, the autonomic nervous system sends out a “time to worry” distress…
Imagine living on a street where the median house price rivals the GDP of a small nation. Now, picture the breathtaking harbour views, iconic mansions, and prestige that come with it—welcome to Australia’s most expensive streets. Australia’s elite real estate hotspots From Sydney’s shimmering coastline to Melbourne’s leafy enclaves, certain streets are synonymous with wealth,…
As Australia’s property market continues to evolve, one factor that is increasingly adding pressure is the trend of “rightsizing.” A new study commissioned by Temple & Webster highlights how this phenomenon is reshaping housing demand. The report, Finding the Right Fit: The Future of Rightsizing in Australian Housing, points to growing competition for larger dwellings…
![[PODCAST] The Myth of ‘Easy’ Property Wealth – What Investors Need to Know, with Brett Warren](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/11/MY-podcast-515-Traits_of_successful_investors-Brett_Warren-270x200.jpg)
In this episode of Michael Yardney Podcast I’m joined by Brett Warren to challenge a common belief many beginning property investors hold: that those who bought into the market 20 years ago had it easy. It’s a complaint I hear often—‘If only I had bought back then, property was so affordable.’ But what if we…
Sydney’s rental market continues to be in crisis, with extremely low vacancy rates, high rent prices, strong demand, and a rising population keeping the city’s property market in a pressure cooker environment. Here’s a rundown of all the current Sydney rental market trends, and what we can expect to face next. Current rental market trends…
Nationally, the asking prices for houses and units show mixed trends. House prices declined by 0.2%, while unit prices increased by 0.4%, resulting in an overall drop of 0.1%. Across all capital cities, the average asking price experienced a decrease of 0.8%, with house prices dropping by 0.9% and unit prices declining by 0.7%. In…
In my Rich Habits Study, I had the fortunate opportunity to peer into the lives of 128 individuals who struggled financially in life. My goal was to figure out the underlying causes of their financial struggles. I learned many things. For instance, I learned that those who struggled financially had habits that, in many instances,…
CoreLogic’s national Home Value Index (HVI) rose by just 0.1% in the last month of spring, the weakest Australia-wide result since January 2023. This marks the 22nd straight month of growth in this cycle. The mid-sized capitals, Perth Adelaide and Brisbane, which have dominated the growth cycle of late are losing steam and the downturn…
Four powerful little words: learn, try, stay and care. What difference can you make in your life today by putting these words to work? 1) First, life is worthwhile if you LEARN. If you know. What you don’t know WILL hurt you. You have to have learning to exist, let alone succeed. Life is worthwhile…
![[PODCAST] 4 lessons about the property cycle all property investors must understand](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/11/MY-podcast-620-property_investment_lessons_learned-270x200.jpg)
Our real estate markets have surprised many on the upside this year– especially considering high interest rate environment, but what lies ahead for our real estate markets now? That’s what we discuss in today’s show Looking back at how previous property cycles played out, I delved back into my memory to see what lessons I…
