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.
Latest posts
What’s the outlook for the Australian property markets for the rest of 2020 and into 2021? This is a common question people are asking now that our real estate markets are working their way out of the effects of the Coronavirus Pandemic and out of Australia’s first recession in 30 years. I guess they’re looking…
We live in a world of consumption, where people seek immediate gratification with the latest and greatest gadgets and products as soon as they hit the shelves. Think about Apple and the ridiculously long line of people who queue for their updated iPhones! When it comes to money management and becoming rich, though, patience and…
House prices are lifting as confidence recovers. There are continuing signs that our property markets may have hit the bottom and are now moving from strength to strength and will finish the year on a high note This week’s heat map (see below) shows that over the week Australian property prices nudged a fraction higher,…
![Top 10 habits of millionaires [infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2016/05/2630176_l3-270x200.jpg "21 Success Habits Of The Rich")
What does it take to become rich? Well…my good friend Tom Corley has made this the focus of his 5 year study and together we’ve documented it in our book Rich Habits Poor Habits. Not surprisingly today’s infographic from StocksToTrade.com shows a similar set of habits shared by millionaires. Many of these habits are not particularly glamorous, but…
Australia is home to some of the hottest real estate available. And the global coronavirus pandemic and consequential economic recession is doing nothing to dampen spirits, and prices, in some of our most expensive areas. Instead Australia’s prestige property market is flourishing, with some suburbs even recording significant price growth in the past year. Data…
Bill Gates is the wealthiest man in America and one of the most important, influential personalities in the modern world of computers and technology. He is the co-founder of Microsoft. I would like to share with you some of his quotes: 1. It’s fine to celebrate success, but it is more important to heed the…
In the face of rising living costs, high levels of debt and mortgage stress, there’s no doubt many of us find it difficult to save money. But even if you’re on an average income, there are small changes you can make that will have a big financial impact on you. Here are the 13 easy…
Our auction markets are a good reflection of buyers and seller confidence and keep going from strength to strength. There were 1470 properties taken to auction across the combined capital cities this weekend, much the same as last week (1417), but nothing like the 2,088 properties auctioned this weekend last year. Today’s combined capital city…
Choosing the right investment property comes down to knowing what you need, knowing what you can afford and knowing exactly what’s available at the time you are ready to buy. While property investing may be simple, it’s not easy and that’s not a play on words, because many investors end up paying a huge a “leaning fee”…
Over the last few weeks we have seen each of our four major banks update their economic forecast and also their forecast for our property markets. In all cases these have been in a positive direction as it has become clear that while our recession was deep, it is now over and our property market…
