Money regrets – we all have some. We’ve all made financial decisions we would ‘undo’ given half a chance. It might be the under-performing property we wished we’d passed on or that great property we wish we had really chased. Given how important financial skills are to navigating life, and the fact that schools don’t…
Some buyers’ agents promote investing in more affordable locations (i.e. outer suburbs). I can understand why some investors might be attracted to follow their advice. But it’s not until you delve into the theory and evidence that it becomes blatantly obvious that such investments have a high probability of underperforming. Here’s an example I saw…
We all know that rents are skyrocketing around Australia. So a question every landlord seems to be asking themselves at present is: How often, and by how much, can I increase the rent on my investment property or properties? There are actually two parts to the answer – how often you can increase the rent,…
We all think we know the secret to longevity and good mental health. Spend time with our families, work hard to earn a good wage, eat fresh food, and exercise regularly. But I’d like to add one very important habit that is, nine times out of ten, overlooked by most people. Sleep – Letting the body…
In the 2022 federal election, two demographics were key to the final outcome: women and young people. With another election fast approaching, will they swing the result again? To answer this question, I turned to the Australian Election Study (AES) data spanning the period from 1987 to 2022, to investigate how different demographics have voted…
In today’s Big Picture episode of the Michael Yardney Podcast, Pete Wargent and I discuss a raft of macro factors that will affect how our property markets play out this year, including the implications of the first rate cut by the RBA, our plunging vacancy rates which are only going to make rents rise further,…
Imagine a system where building a townhouse feels like playing a game of snakes and ladders—except the snakes are endless paperwork, delays, and appeals. That’s what Victoria’s planning process has been like for developers. But the state government just rolled out a new rulebook to shake things up. Premier Jacinta Allan and Planning Minister Sonya…
Have you ever thought of doing up an old property to on-sell and make a quick profit? Of course, this concept is often taught at property seminars and has recently been popularised by reality television shows like “The Block”. But can you really flip houses for a living? If you’re after a quick buck I’m…
Every day, without even realising it, we’re all enrolled in a masterclass—taught by ourselves, attended by ourselves. The mindset lesson I want to share with you today is: You improve not just at what you practice intentionally but at whatever you do repeatedly.” Fact is: You get better at what you practice. And when we…
Australia’s regional housing markets have continued to demonstrate resilience, with property values rising 1.0% over the three months to January, compared to the -0.7% decline in capital city values, according to CoreLogic’s latest Regional Market Update. While growth in regional markets has stabilised, growth patterns across individual markets are shifting, with signs of a slowdown…
