*We’ve been ranked the #1 Real Estate Blog in the World by Feedspot for the last 6 years in a row!
Michael has been once again voted Australia’s leading property investment advisor and one of Australia’s 50 most influential Thought Leaders by the ‘Our Aussie Thought Leaders’ report.
He has probably educated more successful Australian property investors than anyone else, but he’s not a theorist…He has been successfully investing in property since 1971, is a leading property commentator and Australia’s most widely read property investment blogger.
Join over 2.7 million others who get their updates from Michael and his group of expert guest bloggers and benefit from their perspective.
Property buyers in Victoria are paying 6.1 times more for stamp duty than just one generation ago. In Victoria, wages have increased a bit over five times and the median house price has increased just over 12-fold times in that time. According to new PropTrack e61 Institute research, a full-time worker earning an average of…
![[Podcast] Our no-nonsense Big Picture Podcast about the economy and property markets with Pete Wargent](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/02/Our-no-nonsense-Big-Picture-Podcast-270x200.jpg)
In this month’s Big Picture episode of the Michael Yardney Podcast, Pete Wargent and I dissect the multitude of macro-economic factors currently shaping our housing markets and the broader economy. There’s a lot to discuss today including the latest inflation data, this month’s RBA’s interest rate decision, and what both these mean for the future…
Today I wanted to share my top wealth-creating insights. One I learned from our premier property training event – our 5-day Wealth Retreat. You see… As I start preparing the curriculum for this year’s event that will be held on the Gold Coast in May this year I’ve been reviewing my notes from previous years and…
The Commonwealth Bank, Australia’s biggest lender, is forecasting six interest rate cuts in 2024 and 2025 starting in September this year. They also expect dwelling prices to rise a further 5% in 2024. The CBA’s head of Australian Economics, Gareth Aird, says the recent rise in unemployment will force the RBA to take action to…
One of the biggest changes over the time I’ve been investing in property is the abundant availability of property research data. Today there’s a plethora of statistics offered about Australia’s property scene – median house prices by the year, the quarter, the month or day, median advertised rents, rental vacancy rates, auction clearance rates, days…
In today’s podcast we’re venturing into a fascinating area that intersects with both wealth creation and the human psyche. We’ve all heard of self-sabotage, but have you ever wondered why some of the most intelligent and capable individuals hit an invisible ceiling in their property, investment, or business ventures? Why do some people, despite their…
In 50 years’ time Australia will be older, more tech-savvy and work-lifestyle will be more blurred wrote leading demographer Bernard Salt in The Australian. According to Salt, the Australian Bureau of Statistics’ latest 50-year population projections offer a window into what lies ahead. The central projection envisions Australia with a population exceeding 39 million by…
In today’s show, I’ll discuss the complexities of Australia’s housing market with my guest Mike Mortlock, the director of MCG Quantity Surveys. In our conversation today, we spoke about lots of interesting things that will give you some insights into our housing market. In particular, we explore a disturbing “tall poppy syndrome” narrative that’s taken…
Why are some people, be they property investors, business people or entrepreneurs, more successful than others? One of the key philosophies of my Mentorship Program is that successful people not only do different things from the average Australian, but they think very differently. So I was interested to find the following list of the habits…
Have you set big goals for yourself in investing or business in 2024? Is financial freedom part of your plan? Today’s show is a continuation of a two-part series where Mark Creedon and I explore 18 Wealth Lessons from Morgan Housel’s great book The Psychology of Money. Housel tells us about the principles of behavioural…
