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.
It’s an age-old question and one that I hear time and time again Should I buy a house? What if interest rates fall in 2025? Should I buy a property now or wait until then? Unfortunately, none of us have a crystal ball, we can’t predict what the future will hold. But there is one…
Much has been made of the increasing presence of the “bank of mum and dad” in the lives of Australians. We know financial support from parents to adult children is increasingly used for entering the housing market. However, our new research shows that parents are also helping their young adult children in other ways, including…
There is one thing that the rich and successful know that the average person does not understand. And if you want to become successful – whether it be in business, investing or just in your personal life, it’s very important for you to understand this concept, because it’s the reason these people are rich and…
Your morning caffeine boost isn’t just helping kick-start your day — it might have health benefits as well. Drinking a few cups of coffee daily reduces the risk of chronic liver disease by over a fifth, according to a new study published in the online journal BMC Public Health. Europe consumes more coffee than any other region, exceeding…
In a city as diverse and ever-evolving as Melbourne, the property market continually presents new opportunities for those who are vigilant and adaptable. Among the latest trends catching the attention of astute investors is the growing potential of one-bedroom apartments. Insights from Charter Keck and Cramer underscore the value proposition that these properties offer in…
I’ve found that many investors want to get into property development to grow their wealth faster by “manufacturing” capital growth and increasing their rental returns. While the property development process can be very rewarding, it is not without some pain and considerable risk. When all goes well, the results are fantastic, but if things go…
![Some Lessons You Can Learn From These Successful Billionaires [infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2017/02/42217936_l-270x200.jpg)
So what characteristics do billionaires have in common other than have more …well… money? According to Growth Everywhere, billionaires have a fair amount of useful advice when it comes to building a solid lifestyle. Whether it’s reading voraciously like Warren Buffet or learning to diversify like David Koch, you’ll find that one thing is true:…
Our family struggled with poverty and, like many who struggle with poverty, I found solace in our poverty by hating the rich. So, I had my own personal feelings for hating the rich. But that all ended when I completed my five-year Rich Habits Study. I accumulated hard data to help me better understand the…
A closely watched measure of Australian inflation dived in the month of August, plunging from 3.5% in July to just 2.7%. The dip below 3% puts the monthly measure of annual inflation back within the Reserve Bank’s target band of 2-3% for the first time since August 2021. The longer-running quarterly measure of annual inflation…
Here are two numbers worth remembering: 4 and 13 4 Since 1980 the time between house price growth peaks is four (4) years and not the often quipped seven (7) years. And it would appear that the time between peaks is getting shorter. This makes sense given the way we receive information these days and…
