Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

What's ahead for property in 2024? In today's show I chat with Dr. Andrew Wilson who shares his expert analysis, highlighting which cities are poised for growth and which might hit a plateau.  Together, we explore the various economic factors likely to influence our housing markets in the year ahead. Takeaways • The property market is influenced by various economic factors. • Interest rates are ex...

It's a popular catchphrase among politicians and policymakers: "Build more apartments, and we'll solve the housing crisis."  It sounds simple—almost too simple. And that's because it is!   The idea that just increasing supply, particularly through apartment construction, will make housing affordable fails to grasp the true complexities of Australia's housing market.   In reality, building more apa...

Today, I discuss Australia's housing crisis in Australia with Brendan Coates, the Housing and Economic Security Program Director at the Grattan Institute.   We explore what's really driving the housing crisis, the impact of migration and tax policies, and why simply building more homes may not be the silver bullet many think it is.   We also get Brendan's insights on how we can create a fairer, mo...

It's the beginning of a New Year, so I'd like to take a step back to reflect on the rollercoaster that was 2024 in the housing markets and gear up for what promises to be an equally fascinating 2025.   Today, I'm joined by Nicola McDougall, chair of PIPA – the Property Investment Professionals of Australia, who has her finger on the pulse of what's happening in our housing markets as well as a goo...

No one wants to pay more tax than they need to, and no one wants to get in trouble with the tax man, so today Ken Raiss and I interview Rob Thompson, Assistant Commissioner of Taxation, who has a front-row seat to the intricacies of our tax system, and he's here to help unpack some of the complexities that property investors like you often face.  Today we'll be discussing      The ATO's data match...

Have you ever wondered what makes the greatest investors in the world not just wealthy, but truly fulfilled and happy?   Well, today, we're going to explore that question with someone who's had the unique opportunity to sit down with the legends of the investing world – best selling author, William Green,  the author of Richer, Wiser, Happier: How the World's Greatest Investors Win in Markets and...

We have just wrapped up another fascinating year in property, so it's the perfect time to reflect on the trends, surprises, and key events that shaped the housing markets in 2024, and more importantly, look ahead to what 2025 might bring.   Joining me today is Dr. Nicola Powell, Chief of Research and Economics at Domain.   Together, we'll unpack the major shifts we've seen this year, explore what...

In this special year-end episode of the Michael Yardney Podcast, I chat with Stuart Wemyss about the key lessons we've both learned from the property markets in 2024 and what we can expect in 2025.   Let's face it, 2024 threw plenty at us—rate movements, geopolitical turmoil, falling consumer confidence, uncertainty about rate movements, shifting buyer behaviour, and a housing market that continue...

In this "Big Picture" episode of my podcast I get together with leading financial commentator Pete Wargent, who brings decades of perspective to his views, and we discuss the clues in the news as to what's ahead for our economy and the property markets.  Today we discuss the amended outlook for interest rates and what this means for our housing markets, an update on what APRA had to say about when...

In this special end-of-year episode, we take a step back to reflect on the rollercoaster that was 2024 in the housing markets and gear up for what promises to be an equally fascinating 2025. And who better to do it with than Pete Wargent, one of Australia's most respected financial and housing market analysts ? Together, we'll unpack the highs, lows, and surprises of this past year , and share the...

It's customary at the end of the year to look back at the year that was and then look forward to making some predictions for our housing markets for the year ahead, and in today's show, Dr Andrew Wilson and I explore the trends that will shape the property markets in 2025.    Takeaways        The housing market in 2024 has been consolidating after a strong rebound in 2023. 2025 is likely to be a y...

Today Simon Kuestenmacher and I explore why young Australians are increasingly delaying their dreams of homeownership.  We've all heard about skyrocketing property prices and the challenges of securing a mortgage but, as you'll hear, there's more to the story than just affordability.   Sure, property prices present a significant barrier, but we also examine lifestyle changes, such as extended peri...

In this episode of Michael Yardney Podcast I'm joined by Brett Warren to challenge a common belief many beginning property investors hold: that those who bought into the market 20 years ago had it easy.   It's a complaint I hear often—'If only I had bought back then, property was so affordable.'   But what if we told you that investing in property has never been easy? The investors who succeeded w...

Our real estate markets have surprised many on the upside this year– especially considering high interest rate environment, but what lies ahead for our real estate markets now?  That's what we discuss in today's show  Looking back at how previous property cycles played out, I delved back into my memory to see what lessons I could learn from past property cycles I realised that I've probably learne...

In this episode of Michal Yardney Podcast, I share Warren Buffett's Ovarian Lottery theory, which highlights how luck plays a role in shaping our circumstances and opportunities.   In general when we talk about success, we focus on hard work, talent, and determination, but Warren Buffett points out that luck plays an equally important role.  The circumstances of one's birth can significantly affec...

While the Reserve Bank of Australia has kept rates on hold yet again, the big question is—how much longer will this last?   And more importantly, when might we see the next rate cut?   With the local economy sending mixed signals, it seems that many economists are finding it increasingly difficult to predict the RBA's next move. In fact, they keep changing their forecasts.   But it's not just our...

In today's show, Brett Warren and I dissect Warren Buffett's investing principles, especially as they could apply to the Melbourne property market. We explore the value of long-term strategies, the importance of quality assets, and the need for solid cash flow. We also discuss market cycles, how interest rates affect investments, and why it's essential to have a safety margin. Overall, we emphasis...

Our housing markets have been remarkably resilient over the last year, despite high interest rates and even though the RBA didn't drop interest rates this year, like many expected. With inflation falling faster than expected, there is now the anticipation of rate drops early next year and it seems that the gloom that descended on Australian consumers 2 ½ years ago is finally showing signs of lifti...

In this episode we discuss the findings of the 2024 Property Investment Professionals Association Annual Investor Sentiment Survey with Nicola MacDougall. We explore the current state of the property investment market, the challenges investors face, including rising holding costs and government policies, and the importance of having a clear investment strategy. The conversation also touches on the...

I am about to shatter your very understanding of happiness. For some listeners, this may be discomforting; for others, this may be a revelation. In my chat with international best-selling author Tom Corley today, we will explain why wealthy people are happier. Now, I know they say money can't buy happiness, but please bear with me as Tom and I discuss his Rich Habits research so you can understand...

In today's show, we answer one of the questions on almost every property investor's mind: "How long does it take for my investment property to cover its costs?" We all know property investment is a long-term game, but it's easy to get frustrated when you're pouring money into your investment and not seeing immediate returns. So, how long should we be prepared to wait? And what can we do to speed u...

Today is another of our popular question-and-answer shows. It's the replay of a recent webinar where Ken Raiss, Brett Warren, and I answered a wide range of questions asked by the participants. Today's show covers strategies and considerations for building a strong property portfolio amidst economic challenges. Whether you're looking to invest in Melbourne's promising market or curious about the f...

Today, we're talking about property data. We've all heard the saying, "The numbers don't lie," but what if I told you that relying too much on property data could actually lead you astray? That's exactly what my guest, Stuart Wemyss and I talk about today. If you've ever felt overwhelmed by the endless stream of property market data or found yourself second-guessing your investment decisions becau...

Today we're going to talk about why medium prices may not be the best gauge for housing costs. Now, if you're like most property investors or people interested in property, apart from auction results, medium prices are probably the most quoted statistic, but maybe they're not the right way for you to judge how our housing market's going. Maybe it's not the best benchmark, and my discussion today w...

Today, we're diving into some timeless wisdom that has guided investors for decades, but with a twist—how these principles apply to property investment. Ken Raiss and I will explore Benjamin Graham's teachings from his seminal book, The Intelligent Investor, a classic in the world of investing, often revered as the ultimate guide to building wealth. Now, you might wonder, "What does a book written...