Michael has been once again voted Australia’s leading property investment advisor by the readers of ‘Your Investent 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 1 million others who get their updates from Michael and his group of expert guest bloggers and benefit from their perspective.
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Australia’s official unemployment rate fell last month from 7.5 per cent to 6.8 per cent. The result surprised basically most economists, including those at Treasury and the Reserve Bank, who were expecting the unemployment rate to deteriorate again. So what happened? According to the Bureau of Statistics, the number of employed persons increased by 111,000…
![Property Headlines: House price forecasts, Property pessimists back peddling + the latest data | Property Insiders [VIDEO]](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/05/AdobeStock_141193813-270x200.jpeg "National Housing Market Update [video] | May 2018")
The media seems to love bad news more than it does good news. All over Australia we are bombarded with bad news, and nowhere is the more bad news more interested in my home city of Melbourne. But when we look back at the many bad news predictions about property made earlier this year by…
Read, enjoy and be inspired, even if you’re not a leader today because one day you will be. 1. “To add value to others, one must first value others.” – John Maxwell 3. “I’ve learned that people will forget what you said, people will forget what you did, but people will never forget how you…
Why were all those property pessimists wrong? In fact, why are they becoming more positive about property? Of course it wasn’t just the usual band of Negative Nellies making dire predictions of significant property price falls earlier this year, it was also some credible economists suggesting property values could fall by up to 20%. Yet…
There has been a lot of concern about the number of loans that have been deferred because of Coronavirus and what’s going to happen if the banks pull out the rug from lenders. As usual, the property pessimist say this is one of the reasons property values are going to crash? APRA recently released details…
How are our property markets doing? With so many indicators regularly mentioned in the media – which should you rely on? Firstly, it’s worth understanding some statistics are lagging indicators – they tell you what has happened in the past. Others are leading indicators – they are a sign of what’s ahead. Here’s what I…
There are a number of reasons why a person may want to invest in property, but they never actually get around to it. They have all the best intentions and they really, truly want to take action. They do the research. They attend the seminars and the courses. They get educated, they learn what’s possible,…
The Melbourne property market has been one of the strongest and most consistent performers over the last four decades. Over the last 40 years: The median house price in Melbourne has increased by 7.9% per annum The median unit/apartment price in Melbourne has increased by 7.73%per annum Of course, like all property markets, the Melbourne…
Understandably, the coronavirus crisis is creating uncertainty for those interested in the Brisbane property market. Prior to COVID-19, the Brisbane property market was expected to deliver strong capital growth in 2020. Now, like most housing markets in Australia, Queensland property faces new challenges in the wake of the Coronavirus. So many are wondering – what’s…
The Sydney property market has been one of the strongest and most consistent performers over the last four decades. In fact, Sydney was the strongest property market at the end of 2019 and after bottoming out in May 2019, Sydney dwelling values recovered most of the losses sustained in previous years and was heading for a…
