As Australia’s rental market continues to tighten to record levels, the pace of rental growth has started to ease, suggesting affordability constraints are having an impact. CoreLogic’s Quarterly Rental Review for Q3 2022, shows the national rental index had its smallest monthly increase this year, up 0.6% in the month to September and 2.3% over…
With so many mixed messages currently surrounding property I thought I should give you some insights based on my close to 5 decades of experience in property and having built what some would suggest is a very substantial property portfolio. According to our big banks, Australians must brace for the worst housing correction on record…
There are plenty of mistakes that novice property investors make that can derail them. These can range from simply buying the wrong property for the wrong price to not having any rainy day money in their kitty (a buffer). However, here are three mistakes that are a little more tricky to overcome because they are…
![Why aren't you rich yet? | Rich Habits Poor Habits [VIDEO]](https://cdn.propertyupdate.com.au/wp-content/uploads/2017/10/Rich-or-poor-opposite-signs-270x200.jpg)
Almost everyone wants to become rich. According to Tom Corley’s 5 year Rich Habits research, being rich eliminates 67% of the problems that plague most people. So, besides being able to buy that house by the beach, a Rolex watch or travel to exotic places, being rich means fewer problems in life. Fewer problems equal less…
![Top 10 Common Habits of High Achievers | Rich Habits, Poor Habits [VIDEO]](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/06/succesful-habits-270x200.jpg)
High Achievers are people who achieve some level of greatness in life. They might be successful entrepreneurs, professional athletes, Olympians, famous writers/authors, painters, engineers, singers, prominent religious figures, etc. Essentially, they are individuals who, through their actions, achieve greatness. And these high achievers all share certain common habits. Relying on my vast stores of knowledge…
The biggest question relating to the management of the economy right now has nothing to do with next week’s budget. It has everything to do with the Reserve Bank and the board meetings that will follow it. The question facing the board – the biggest there is when it comes to how the next few…
How confident are you about your future? The world’s Geopolitical problems and local issues such as inflation, the specter of rising interest rates, and our local floods have made people feel less secure. In fact, consumer confidence plunged 4.8% last week, falling to its lowest level since early September 2020. ANZ Bank report that confidence…
![Turning your goals into Rich Habits | Rich Habits, Poor Habits [VIDEO]](https://cdn.propertyupdate.com.au/wp-content/uploads/2021/03/businessman-climbing-the-steps-to-success-HZUQUFE-1-270x200.jpg)
Are you looking to become more successful? Do you want to become rich, or a better property investor or entrepreneur? Well it may not be that easy – most who pursue goals never achieve them. According to a University of Scranton study, only 8% achieve their goals. Why? Because in order to achieve your goals you must…
![Best time to renovate a home that will become an investment | Ask the Tax Expert [video]](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/01/renovate-home-270x200.jpg)
When is the most tax-effective time to undertake a renovation? You’ll find out as you watch this week’s Ask the Tax Expert video as Ken Raiss answers Lynda’s question about when is the best time to renovate the new home that she’s buying using a First Home Owner’s Grant. You see…she plans to make her…
While most real estate investors worry about the value of their properties today, particularly in light of our flat and falling property markets, in my mind a much better question is “where will property prices be 25 years from now?” And the good news is that, believe it or not, the median house price in Sydney could be over…
