Exploring the population rivalry: Melbourne vs. Sydney
Here’s how to invest in property like the pros
Key takeaways The average Australian doesn't become wealthy through property investment because they expect instant,…
5 Reasons you’re not rich yet (and it has nothing to do with money).
Many people blame a lack of available money in their bank account for their financial…
10 Things to Know Before Buying Investment Property
Key takeaways Property investment can be an exciting way to build your assets, grow wealth…
Do you have to be smart to be rich?
In my five-year study of the daily habits of 233 self-made millionaires and 128 individuals…
Here’s why real wages in Australia have fallen while they’ve risen in most other OECD countries
Australia is now in the same league as Lithuania, Estonia and Hungary when it comes…
How to Design a Home That Boosts Mental Health
Did you know that the way our homes are maintained, decorated, and designed can have…
How to buy the highest quality property within your budget
Key takeaways Investment-grade properties typically require a budget of around $1.5 million in Melbourne, less…
Property Development Finance – Securing Funding
In the fifth instalment of this series on property development, I'll explain in detail how…
Successful Property Investors are Lucky
Key takeaways Many people believe that wealthy successful property investors "got lucky", but the truth…
Top 10 highest paying job in Australia revealed
What jobs in Australia pay really well? Well, the Australian Taxation Office (ATO) has just…
Which dynamics predict future property performance
Key takeaways There’s no need to complicate matters, because there are three key housing demand…
How New Property Investors Fall into the Dunning-Kruger Trap
Key takeaways In the world of property investment, a troubling phenomenon often rears its head:…
Winter chill weighs on the housing growth trend
Key takeaways Corelogic's National Home Value Index growth has eased through the month, from 0.7%…
A Dynamic Market To Watch
Las Vegas, often dubbed the "Entertainment Capital of the World," is renowned for its vibrant…
Why most people’s homes perform better than their investment properties
In recent weeks I have noticed something interesting when speaking with potential clients. More specifically…
Melbourne is home to two of the richest postcodes in Australia – new data reveals
Believe it or not, Melbourne has one of the highest populations of millionaires in the…
The Expanding Price Disparity Between Houses and Units
Over the past few years, the Australian property market has seen a pronounced disparity in…
The 4 Best Property Ownership Types for Home Buying
Did you know that you have many options when it comes to deciding the entity…
Low home completion data a canary in the coal mine for our housing targets
The latest numbers on new home starts are out and it isn’t good news showing Australia…
Tenants working from home. Good or bad?
Working from home (WFH) is a type of flexible working arrangement that allows an employee…
A bit about the myth of risk
I'd like to share with you some of my thoughts on risk, and how it…
The 6 Best Museums to Visit in Melbourne
Melbourne, a vibrant and culturally rich city, is a treasure trove of museums catering to…
The 8 Phases of Property Development
In the fourth instalment of my series on development, I'll walk you through each step…
A Guide to Home Insurance
Our homes are our havens. Whether we own property or rent, our homes are often…
The Long Term Benefits of Property Investments
Key takeaways The average Australian has a very short financial time frame. Often they live…
Stop the boats!
Building homes is restricted mainly by planning red (and green) tape, high taxation, government munificence,…
how state decisions are hurting property investments
Key takeaways State governments across Australia are increasingly turning to property owners to fill their…
Australia will have 400,000 new millionaires by 2028
Key takeaways Australia’s average wealth-per-adult increased by nearly 10% in 2023, more than twice the…
4 big lies about property investing: Are you being fooled?
The lion’s share of your property’s value is in the land, therefore you should always…
When Populations Peak – Look at Australia
As today marks World Population Day, we’re taking a closer at one of the population trends…
Top 6 things that make property valuable
Key takeaways Property taps into some of our strongest needs and desires, and as with…
Unpacking the true cost of vertical housing
The conversation around Australia's housing crisis often circles back to a familiar refrain: we need…
What makes an “investment grade” property?
Key takeaways There are 11 million dwellings in Australia with a total value of around…
Here’s why units in Melbourne’s leafy Eastern Suburbs are surpassing house prices
In some of Melbourne’s prestigious eastern suburbs, units are fetching higher prices than typical homes.…
Australia’s population growth hits another record but may be slowing
The new figures for the Australian and state population in December 2023 are out and…
7 Tips for First-Time Home Buyers in 2024
Purchasing a first home is one of the most joyful moments in people's lives, but…
credit card debt drops for first time in six months
Australia’s total credit card debt attracting interest charges has dropped for the first time in…
How to Keep Warm This Winter Without Breaking the Bank
As winter sets in and temperatures drop, staying warm becomes a top priority. However, keeping…
Average new loan size hits record high despite rate hikes
Key takeaways The size of the average new owner-occupier mortgage in Australia has hit a…
What could another rate rise do to the Australian housing market?
Key takeaways The monthly CPI indicator showed inflation increasing in the year to May, which…
Does one spouse deal with all financial matters?
It’s quite common for one spouse to assume the primary responsibility for managing household finances.…
How High Construction Costs Are Driving Up Established Property Values
One of the most eye-catching things in the most recent inflation data, aside from the…
will a coffee a day really keep heart attacks at bay?
Is this more good news for coffee lovers, or a case of being careful what…
Distinguishing the Skilled from the Lucky
Key takeaways Many property market experts are misguiding novice investors with their anecdotes of easy…
How to Create Environmentally Conscious Construction Sites
The ongoing population growth combined with rapid urbanization has led to an increased demand for…
This is why investors are returning to the Australian property market.
Key takeaways The prospect of strong capital gains is luring investors back into the market,…
Declining Birth Rates in the Most Populous Countries (1950-Today) [Infographic]
Birth rates are falling in the six most populated countries in the world, though at…
Latest Data Shows Rental Prices Decline or Stagnate Across Major Capital Cities.
Key takeaways Domain’s June Quarter Rent Report indicates that renters are fnally seeing some relief,…
10 things you might not know about how we travel around our cities
About five years ago The Grattan Institute released a great report on Australia’s urban landscape.…
Here’s how to help your children into property
Parents often ask me how they can help their children into property. Some even contemplate…
Property development guide Part 2 — Donning the property developer’s hat
Have you ever considered getting involved in property development? With the good old boom days…
TOP 10 Property Investment Mistakes To Avoid For Newbies
If you’re a first-time investor, champing at the bit to purchase the first property in…
Australians lose $5,200 a minute to scammers. There’s a simple thing the government could do to reduce this. Why won’t they?
What if the government was doing everything it could to stop thieves making off with…
5 Trends from the latest Foreign Buyer Report
Key takeaways Foreign buyers have significantly increased their purchases of Australian real estate over the…
7 legal, tax and finance-safe steps to help your kids onto the property ladder
The interest rate hiking cycle might have peaked, but it’ll be some time until rates…
Here’s How To Know If Your Best Friends Are Making You Poor
In my five-year study of the daily habits of the rich and poor, I discovered…
Money in the bank hits $1.48 trillion – new data reveals
Australians tucked an additional $6.53 billion away in the bank in May as household deposits…
Why neighbourhood has never been so important when investing in property
Key takeaways Investors should focus on selecting the right neighbourhood when making their property buying…
The ATO busts 5 common tax myths
Recently the Australian Taxation Office sent around a bulletin busting 5 common tax myths. Did…
5 Tips to Know Before Moving to Australia
Moving to Australia may seem like an easy task, but you need insider info to…
What drives Australia’s multi-speed housing markets?
Key takeaways Australian home values have risen 35.6% since the COVID-19 pandemic hit Australia in…
3 Key Metrics for Data Analysis in Property Investment
Investing in property is a substantial financial decision that requires careful consideration and analysis. Leveraging…
New $450m scheme to provide essential workers with subsidised Sydney rent
Key takeaways The Minns government will build apartment blocks for Sydney's essential workers, offering them…
The Biggest Property Mistake Millennials are Making
Millennials who delay buying their first home are putting themselves at huge risk of being…
More hidden taxes for property owners revealed
Key takeaways The NSW Government is planning to increase property owners' insurance costs by shifting…
What is Warren Buffett Invested In Right Now?
Wondering what the Oracle of Omaha has his money invested in? In this graphic, we…
Property Development Process Visualised
Property Development involves a wide range of activities and processes from purchasing land, building and…
The Great Wealth Transfer: A Boom for Some, a Challenge for All
We are currently witnessing what could be described as the greatest wealth transfer in modern…
Victoria Likely to Lose Thousands of Rentals in the Next 12 Months
Key takeaways Victoria's rental market is facing significant challenges, with a net loss of 5,044…
7 money tips to super charge your finances
Key takeaways It’s really a combination of our mindset, habits, and behaviours that rule our…
The 12 Most Common Property Management Problems
Many investors think that the hardest part of becoming an investor is searching for and…
10 Ways Coworking Spaces Boost Your Productivity
As the modern workplace changes, commercial properties as old-fashioned office plans are replaced by more…
the RBA thinks inflation is too high
These days every word of every statement from the Reserve Bank Governor Michele Bullock is…
Mortgage arrears are rising from record lows, and likely to rise further
Key takeaways Mortgage arrears have been rising from their COVID lows of just 1.0% in…
Could rising property prices unlock new supply?
Home prices have surged in recent years, mortgage rates have climbed, and household incomes haven’t…
A Guide for Aussie Investors Looking for Private Investments
The Australian investment landscape offers a diverse range of opportunities, from the familiar territory of…
What are the changes that will impact Aussies on July 1?
As the end of the financial year approaches, there are a few changes on the…
Governments passing the buck on housing crisis while raking in tens of billions in property taxes
Key takeaways About 175,000 households are on waiting lists for public or community housing across…
don’t let your tax return become a ‘fixer-upper’
The Australian Taxation Office (ATO) is putting rental property owners on notice this tax season.…
Arrears on the rise despite record levels of cash in offset accounts – new data reveals
The total amount of money stashed in offset accounts has hit another record high of…
How Much Does It Cost to Renovate a House in Australia?
When it comes to renovating, the majority of home renovation projects are an investment that…
a double-edged sword for property investors
Queensland Treasurer Cameron Dick unveiled the 2024-25 Budget, a mixed bag of cost-of-living relief and…
Sustainable Home Innovations on the Rise
As concerns about environmental sustainability and energy efficiency continue to grow, homeowners are increasingly turning…
What Should You Know About Buying Real Estate in Australia as an Expat?
Buying real estate in Australia as an expat can be a complex process, but with…
How immigration drives Australia’s population growth
Key takeaways Population projections indicate steady growth, reaching approximately 35 million people by 2048, with…
Gen X housing wants
In Australia, Generation X born between 1965 and 1980, is shaping the housing landscape with preferences…
Housing affordability improves for the first time since 2021 – new data reveals
Housing affordability for home buyers has finally turned a corner with the March quarter of…
Is the Premier reading my stuff?
After many years of applauding runaway population growth, Premier Miles recently called for a slowdown in…
These are the suburbs where big and small rental properties are most in demand
Australia continues to endure a rental crisis, where extremely low vacancies, low stock and record-high…
Is Buying an Apartment Still a Good Investment in Australia?
Key takeaways Investors are increasingly shying away from investing in apartments, because of the COVID-19…
Australians spending $47 billion a year on impulse purchases – new data reveals
Impulse purchases are costing people thousands of dollars every year, according to new research by…
Where have all the affordable rentals gone?
Crisis conditions have gripped Australia's rental markets in recent years, with affordable rentals now few…
Everything you need to know about building insurance
Insurance is one thing that many Aussies overlook. But whether you’re a homeowner or investor,…
Number of buyers in the market rising despite peak in the cash rate – new data reveals
The number of buyers entering the property market has continued to grow in the past…
Looks like we’ll have a 2-tiered property market – those who can and those who can’t
Key takeaways There are always stories about the challenges of housing affordability in the media,…
Is Double Glazing Worth It? Benefits, Costs & Key Considerations
As you ponder home improvements, double glazing often surfaces as a potential upgrade. But is…
The housing crisis hit Queensland hard. Jolted into action, the state has raised its game
Post-COVID housing stress has been especially intense in Queensland. Brisbane property prices have climbed by…
Spending gap widens between younger and older Australians – new report reveals
Younger Australians in their mid-to-late twenties have significantly reduced their spending more than any other…
9 Tips for First Home Buyers in Australia
Key takeaways Property prices are unlikely to get cheaper, so consider taking the plunge into…
7 reasons real estate agents make great parents
You might be surprised to learn that wrangling a couple of little monsters and working…
Beware of taking investment advice from people playing a different game than you are
Key takeaways As a seasoned property investor, I've witnessed firsthand the intricate dance of the…
Our cities are widening the divide between the well-off and the rest. How can we turn this damaging trend around?
The “latte line” is the infamous, invisible boundary that divides Sydney between the more affluent…
Australia’s Education Sector Faces Big Changes with Immigration Limits
Key takeaways The influx of people arriving in Australia, either as permanent residents or temporary…
Melbourne property will deliver the strongest growth over the next decade
Key takeaways Victoria's high property taxes, soaring state debt, and mandated improvements have increased compliance…
Navigating the Twists and Tangles of Wills
Key takeaways In a world where 75% of will contests are successful, it's clear that…
5 things EVERY capital growth property has in common
I’ve met so many investors who are fixated on rental yields – but for me,…
Job scams are on the rise. What are they, and how can you protect yourself?
In the digital era, the job market is increasingly becoming a minefield – demanding and…
7 Things to Know Before Buying an Investment Property
The statistics say it all-around 92% of Australians who invest in property never make it…
To what extent should you factor in an inheritance?
Key takeaways In 2017, Griffith University estimated that Australians would pass on $3.5 trillion in…
How to Maintain a Healthy Home Environment in Melbourne
Creating a healthy home environment is essential for the well-being of everyone residing within. Note:…
Stand by for a pay rise on top of a tax cut. Here’s why things will feel better from July
At the moment, things look awful. The latest Bureau of Statistics count of retail spending…
A Quick Look at the Role of Self-Storage in Streamlining Home Sales
Are you planning to sell your home and feeling overwhelmed by the clutter?Note: Utilizing self-storage…
Housing Market Cycles and Fundamentals
Key takeaways The underlying demand for housing is determined by the size of our population…
Exploring Private Investments in Australia
The Australian investment landscape offers a plethora of options, and venturing beyond the traditional share…
End of financial year tax planning tips for 2023/24
Key takeaways You'll need to estimate your taxable income for the 2023/24 financial year by…
Australians still intending to retire between 65 and 66 – new data reveals
Australians are still intending to retire, on average, between their 65th and 66th birthdays, according…
Regional markets strengthen with values and rents reaching new record highs
Key takeaways Regional home values hit a new record high in April, after recording a…
Unmasking the Quick-Fix Myths of the Major Parties
Key takeaways Australia's housing crisis has become a fierce political battle that could have major…
The fees you can write
Key takeaways If you own an investment property and rent it out, you can write…
Are you stuck in a rut? Here’s 6 ways to get out
As the year progresses and autumn turns into winter, at least here in Australia, it’s…
Melbourne becomes second-most popular state for international homeseekers in April – new data reveals
Victoria has become Australia's second-most popular state for international buyers and tenants eyeing a move…
1970s Average House Prices in Australia
Key takeaways Property prices increase significantly over time, and the earlier you start investing, the…
What to watch out for
Key takeaways As tax time approaches, it's time to get your financial ducks in a…
Why Are Young Aussies Searching Looking Beyond AU to Settle Down?
The magnificent coastline, free-spirited lifestyle, and amenities started to weigh less for the young Aussies…
The next move in the RBA cash rate likely remains down later this year
Key takeaways While the near-term risks for the RBA cash rate are probably on the…
Vendor and property buyer activity is high, what’s going on?
Key takeaways Over the past four weeks, new listings were 18% above this time last…
The shocking truth about apartment purchases in Australia!
Key takeaways The current situation for first-home buyers is unlike anything we've seen before, with…
How Apps Can Help You Succeed
A whirlwind of change sweeps through Australia's property investment market. According to a Statista study…
Why city-level property market comparisons can be misleading
When it comes to offering opinions on the state of Australia’s housing market, many commentators…
Where is each Australian capital placed on the property clock?
If you google my name - God forbid - then more often than not, my…
How many children did not die thanks to progress in global health?
Declining death rates among children have been one of humanity’s most important achievements. Across the…
23 lessons from 2023 you don’t want to forget now that we’re well into 2024
Key takeaways We're almost half way through 2024, and our property markets are surprising many…
If you squat in a vacant property, does the law give you the house for free? Well, sort of
Nothing excites law students like the idea of a free house. Or alternatively, enrages them.…
7 reasons why so many investors never get past their first property
Key takeaways Most Australian investors own just one investment property, and only 18 per cent…
Acute skilled trade shortages beginning to ease
Australia's acute shortage of skilled trades is beginning to ease, thanks to a slowdown in…
Warning – Avoid these FOMO errors investors make in today’s property market
Key takeaways FOMO (fear of missing out) is starting to show itself – as homebuyers…
Peter Dutton pledges to drastically slash migration in bid to free up 100,000 homes over five years
A Coalition government would drastically slash migration as its main way of freeing up more…
Making our cities better
Key takeaways Australia is going through an infrastructure boom. This follows from a building boom…
What You Need to Buy a First Investment Property Now
I've said it before: it's always been difficult to buy your first property. No matter…
The three big ‘misses’ in the Budget on housing
Key takeaways For a Budget that made housing a central focus, the federal government missed…
Strong housing demand fuels home price growth amid high interest rates
Despite a challenging interest rate environment, our housing markets continue to experience significant home price…
Why I don’t agree with Robert Kiyosaki
During your career as an investor, you’ll no doubt read at least a few books…
Am I too old to invest in property?
I’ve had conversations with plenty of discouraged folks who are in their 50s (or even…
The 10 Best Luxury Houses for Sale in Australia 2024
Some of the biggest mansions in Australia are fetching record prices as it becomes clear…
a necessity to meet Government housing goals
The Housing Industry Association (HIA), has highlighted a significant challenge in meeting the Australian Government's…
25 home buyer questions, answered
Key takeaways Deposit requirements vary among lenders, but generally, a 20% deposit is recommended to…
Australians shell out $3.15 billion in credit card interest in just one year – new data reveals
Australians rely on plastic to get through to payday. In fact, more than one in…
Checklist Before Moving Into A New House Things You Need To Consider
Moving into a new home is exciting and stressful at the same time.There are multiple…
How to own a home in a trust tax-free
Australia is an entrepreneurial country of more than two million small businesses. Perhaps it’s our…
Australian Property Cycles: Current Stage & Prospects
Key takeaways We're now 16 months in to a new property cycle. Early in 2023…
2.5 million Aussies move in with family or friends in past year – new data reveals
Key takeaways 12% of Australians have switched to shared housing in last 12 months. One…
The Future of Property Investing – Robo-Advisors and Real Estate
Investing in property has never been more dynamic. Emerging technologies are reshaping investment management. Robo-advisors,…
If the RBA’s right, interest rates may not fall for another year. Here’s why – and what it means for next week’s budget
The Reserve Bank is now assuming Australians will see no interest rate cuts this year…
almost one in two capital city suburbs hit record high
Key takeaways Australia's property market has become a picture of resilience and decline, showcasing stark…
Here’s what I think about crypto
The price of Bitcoin has risen 64% in 2024 so far. That’s after rising 156%…
Guide to Downsizing a House in Australia
Downsizing to a smaller house can sometimes feel overwhelming, but at some stage in our…
Australian Asking House Prices Tracker
Key takeaways In April 2024, the number of national residential property listings decreased by 6.4%,…
6 Tips to Ensure a Safe Construction Site for your Property
One glance is all it takes to reveal the inherent risk of construction sites. The…
1 in 5 Aussies say money cheats are worse than adulterers – new research reveals
Is financial infidelity worse than adultery in a relationship? Well, a Finder survey of 1,096…
Rent growth picked up in the start of 2024, taking rents to new record highs
Key takeaways After a 0.8% rise in April, Australian’s median rent hit a new record…
Is this the biggest enemy of successful investing?
As our property markets move into the upswing phase of the property cycle there will…
The 10 most important life lessons of a property investor
I recently celebrated a another birthday. I won’t tell you how old I am, but…
Who gets the house when you die?
Today it's common for couples to purchase a property before they’ve walked down the aisle…
Who Expects to Get Richer in 2024, by Both Generation and Gender
The jury is still out on how the global economy is expected to perform in…
Is this a sign our rental crisis is nearing an end?
Australia’s rental market plunged into crisis over the last few years, as supply dwindled through…
The shifting rental landscape in Australia
Key takeaways The Australian rental market is witnessing a significant shift, with higher-income earners increasingly…
Our housing system is broken and the poorest Australians are being hardest hit
Just when we think the price of rentals could not get any worse, this week’s…
Navigating Property Transfers with Expertise
In Australia, buying or selling property is a significant legal and financial undertaking, often representing…
Avoid Your Primal Urges As An Investor
Our instincts helped get us out of caves and into centrally heated homes – but…
CBA pares back cash rate cut prediction to just one in 2024
Key takeaways Australia’s biggest bank, CBA, has revised its cash rate forecast, reducing the number…
If you’ve got a dark roof, you’re spending almost $700 extra a year to keep your house cool
If you visit southern Greece or Tunisia, you might notice lots of white rooftops and…
4 easy tips to set up or revamp your home
Creating a comfortable and stylish home doesn’t need to be a lengthy or costly endeavour.…
Unpacking Australia’s population growth: capitals vs. regional realities
This post is about the most recent annual ABS population growth figures. Well, most of Australia’s…
Why free investment advice could cost you a fortune
Key takeaways Of course, nothing in this world is free — especially property investment advice. In…
Should I Buy a Bigger House in Australia?
Moving or upsizing to a bigger house is a significant financial decision. Perhaps you feel…
6 ways to teach your kids about money, according to Warren Buffett
Key takeaways Here are six of his best tips for parents wanting to help turn…
4 strategies first home buyers are using to beat rising prices and get into the market
From high property prices to restricted borrowing capacity and even sky-high rent costs, it’s harder…
The biggest migration hot spots and the impact on housing trends
Key takeaways Australia is slowly moving through an enormous spike in overseas migration, with a…
Australia’s future landscape in 2033
Key takeaways Millennials will drive demand for larger living spaces in suburban areas, leading to…
where is it the highest and what does it mean for housing trends
Key takeaways Australia's population is growing at the fastest rate since the 1950s, and 75%…
Keep Track of Your Results
Three keywords to remember: weigh, count and measure. Now why weigh, count and measure? To…
a look at the future with 1 chart
What lies ahead for Australia in the next 10 years? Well, Simon Kuestenmacher highlighted a…
The impact of inaccurate population forecasts in Australia’s housing supply challenges
One of the challenges our government is facing in handling the housing crisis is dealing…
Australian home prices reach new high
Key takeaways Home prices hit another record with the combined capital house and unit prices…
Why valuations are about more than just a figure
Arranging for a property valuation prior to purchase, or a valuation on a property you…
Water Conservation Hacks for Every Home
Want to save the planet? Or money? Your goal doesn’t matter! Conserving water in North…
What makes a particular location liveable?
the perception of value (represented in the attribute as affordable) and quality (represented as decent).…
20 years of poor property growth… is the property party over?
Key takeaways Over the past two decades, median house price growth has been 5.3% p.a.,…
6 reasons to take out landlord insurance
Making the leap from homeowner to property investor comes with a unique set of challenges…
Here are 5 numbers you can use to assess a property’s investment potential
Key takeaways How do you choose an investment-grade property that will outperform the averages and…
Five tips to make you a better negotiator
One of the skills of being a good negotiator is knowing when not to talk…
4 Reasons to Consider Retiring in the Caribbean
Have you ever caught yourself daydreaming about retiring on a sunny Caribbean island? If so,…
How to spot a property lemon
Some of the most attractive homes are hiding a stack of problems. That is the…
Changing the perspective on first home buyer numbers
Key takeaways Australia's housing market has become harder for first-home buyers to access over time,…
3 Types of Insurance for Investment Property in Australia
About PropertyUpdate PropertyUpdate.com.au is Australia's leading property investment wealth creation website with tips, advice and…
How Humility Keeps You From Making Big Mistakes
Remember that kid in your high-school geometry class who raised his hand and asked the…
A deeper dive on Australia’s high migration trends
Who are Australia's migrants? In his article in The New Daily, leading demographer Simon Kuestenmacher…
Rental supply is on the rise in these areas
Key takeaways Australia's rental market is experiencing a severe crisis characterized by record-low vacancy rates,…
A Complete Guide to Property Investment in Australia
When it comes to property investment, there’s no shortage of information available about what budding…