Why its not always a good idea to buy where you live

We all love our own neighbourhoods, right?  We choose to rent or own homes in particular suburbs because it’s close to where we work, it may have an exciting entertainment scene, or perhaps it’s in the right school zone for our children. But does that mean that you should invest in your own backyard, too?…

Even more problems for investors in blacklisted postcodes

New legislation proposed in last week’s budget would extend APRA’s (the Australian Prudential Regulation Authority’s) ability to control the non-bank sector.   This would put even more pressure on investors who have bought in suburbs blacklisted by the traditional banks and who are looking for alternative lenders. The Treasurers budget speech suggested that new legislation…

Capital city hot spots of the past 5 syear

In his column for Switzer, John McGrath discusses Australia’s capital city hot spots.  The past five years have been an amazing time in Australian residential property, particularly in Sydney and Melbourne. We’ve seen a number of important trends emerge and/or get stronger, including rising demand from foreign buyers, increased apartment living, ‘rentvesting’ and the bank of mum…

Michael's Daily Insights

Join Michael Yardney's inner circle of daily subscribers.

NOTE: this daily service is a different subscription to our weekly newsletter so...