Buying a property is not an investment strategy. Building a property investment portfolio involves much more than picking the property type and your price bracket. You need a goal in mind and a plan for achieving it. And not only that… it’s essential! After all, planning is bringing your future into the present so that…
Success is ultimately based on action but your beliefs determine your actions. And the big secret of the mega-successful for getting ahead is what they believe – full stop. Many people want to believe that it’s some unfair throw of the dice that makes some people succeed where so many fail, but that’s not really…
We keep hearing that the rich are getting richer, don’t we? And it seems that the gap is only getting wider. Forbes reports that it’s been an outstanding year for the planet’s billionaires, whose fortunes continue to swell as global stock markets shrug off war, political unrest and lingering inflation. There are now more billionaires…
We all belong to one – A tribe that is! So in our latest Demographics Decoded podcast episode, Simon Kuestenmacher and I delved deep into the rich tapestry of demographic tribes that make up Australia. It’s fascinating how we can group people based on their behaviours, preferences, and life stages. These groups, or “tribes,” provide…
Negotiation is more of an art than a science. Skilful negotiation doesn’t come naturally to most of us – it’s something that needs to be learned, practised, and perfected over time. It’s often said that it takes 10,000 hours to become an expert at anything, which means that most buyers and sellers, who only transact…
There are fresh predictions of an impending cash rate cut in Australia, which could cause widespread implications for Australian property investors which are both positive and negative. After announcing it had decided to keep the cash rate on hold at 4.35% for August, the Reserve Bank of Australia (RBA) updated its forecasts. Right now, the…
Today, leading demographer Simon Kuestenmacher and I will explain why the 2030s is going to be an outstanding decade for property. Now and then there is a significant strategic shift that creates a substantial property boom. Today, you’ll hear why Simon believes the great wealth transfer of up to $6 trillion as the baby boomers…
The Australian Bureau of Statistics has released the July monthly Consumer Price Index (CPI) data. The monthly CPI indicator was 3.5% in the 12 months to July 2024, falling from 3.8% in June, the second monthly drop in a row. This is the lowest result since March 2024. The most significant price rises were Housing…
Building homes is restricted mainly by planning red (and green) tape, high taxation, government munificence, and not being able to easily build what the market wants and/or can afford. Now that is off my chest – hopefully for the last time for a while – let me outline why stopping overseas migration isn’t really a…
In this article, I talk us through the feasibility of a development project and whether or not to pursue it. Undertaking a property development requires many months of preparation before you actually get to see your hard labour bear any fruit. As we’ve already covered in previous articles in this series, there’s the groundwork of obtaining finance, sourcing…