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
Auction clearance rates around Australia were once again strong this weekend, driven by strong buyer demand, despite a Super Saturday with a large number of properties going to auction. Sydney produced another stunning performance recording a 79% clearance rate despite a surge in listings. Melbourne bounced back from last weekend’s Cup pause with a surge…
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”…
Our real estate markets have surprised many on the upside this year– especially the strong resurgence of the Melbourne and Sydney property markets. But what lies ahead for our real estate markets now? Will they keep up their momentum or will tight lending restrictions from our banks starve the market of the finance it needs…
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…
I keep a careful eye on housing finance numbers as they are an important leading indicator to what’s ahead for our property markets. The good news is that owner occupier loan commitments jumped as rate cuts and relaxed mortgage serviceability requirements boosted demand for housing credit even as investor loans retreated. But the upturn in…
Success means different things to different people, but there are some timeless truths about what it takes to get to the top. One of the most successful books of all time about success was written nearly 80 years ago by a journalist called Napoleon Hill and it was called “Think and Grow Rich”. In the…
Australia’s housing markets made further progress with the housing market recovery in our two biggest cities, Melbourne and Sydney, gaining pace with property prices increasing once again over the last month. Clearly confidence has returned to our housing markets. Home buyers are back, sellers are putting their properties up for sale, first home buyers are…
A recent national survey has found that not only are many households feeling worried about their wealth, many people live from pay cheque to pay cheque. ME’s latest Household Financial Comfort Report has revealed that Australian households are feeling overall worse about their net wealth, jobs, income and living expenses due to further residential property…
J.K Rowling went from being on welfare to being a multi-millionaire in five years. She never forgot where she came from and has donated hundreds of millions of dollars to charities as a result, actively supporting numerous organizations and establishing her own children’s foundation. Here’s some of her quotes which I hope will inspire you…
![Experts comment on the RBA November interest rate decision [Video]](https://cdn.propertyupdate.com.au/wp-content/uploads/2015/10/balance-rate-percent-cut-rise-interest1-270x200.jpg "Banks rate seesaw: Home loan vs savings account rates")
In a widely expected decision, the Reserve Bank of Australia (RBA) has decided to keep the official interest rate at its record low of 0.75 per cent, after pulling the trigger for the third time this year in October. The bank has cut rates three times since June, causing house prices to rise in Sydney…
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