Lacing on your running shoes and pounding the pavement is a common way of keeping fit. But what about the people who go the extra mile? You know the ones – they’re the social runners who start out running five kilometres and then keep upping their distance goals. The next year they might train to…
The very first article that I wrote for a magazine was published 21 years ago! No wonder I feel old. The article was called ‘Unlimited finance…’. My thesis was that investing in high-yield properties doesn’t magically extend ones borrowing capacity allowing them to invest a lot more. Some investors believe targeting high rental-yielding investment properties will…
Rental affordability continues to deteriorate in Australia, however, new data from CoreLogic shows renters are starting to favour larger dwellings. A slight slowdown in net overseas migration might also be a driving factor slowing demand for smaller, inner-city units. CoreLogic’s newly launched bedroom count metric – which analyses housing market performance segmented by the number…
I was having my hair cut the other day when Joseph my barber said, “Michael – I’m going to get into property investing and I’m going to make a fortune because I’ve learned how to invest like the pros!” Each time I visit Joseph the conversation seems to revolve around property, but when I heard…
The lion’s share of your property’s value is in the land, therefore you should always buy houses rather than apartments. Have you heard that one before? It’s an oldie but a goodie and harks back to those days when everyone believed a house on a quarter-acre block would always be the most sought-after property. Generally…
Do you believe in luck? Interestingly many of those who have been unsuccessful in life believe that wealthy successful property investors “got lucky”. You know…they entered the market when prices were cheaper, or finance was easier, or maybe the market did all the hard work for them. I guess that’s because it makes them feel…
One of the most eye-catching things in the most recent inflation data, aside from the shocking headline number, was the continuous rise in housing costs. Both rents and the cost of new construction are inflating faster than the overall rate. Sure, the pace of growth in construction prices might be slowing down, but they’re still…
Which dynamics predict future property performance? Despite the obvious importance of making accurate property market forecasts, the industry is rife with ineffective and even inaccurate prediction methods. So let’s look at the three key dynamics that predict which way prices are likely to move. Experts utilise many different performance theories and metrics to make their…
The winter chills are driving temperatures lower across the country, but the thermometer is not the only thing that has been dropping. CoreLogic’s daily home value index has seen a marked easing in the rolling four-week change, with national values rising just 0.5% over the four weeks to 18th July, down from a 0.7% rise…
When making any type of property purchase, it is very important to buy the property below its “Intrinsic Value.” I want to stress, that buying below a property’s Intrinsic Value is very different from buying below the Market Value of a property. Buying below Market Value Buying below “Market Value” has massive appeal for owner-occupiers…
