Why Some Secondary Suburbs Soar with Stuart Wemyss
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast
Release Date: 05/20/2024
My Property Investment Philosophy Explained | Michael Yardney
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast
Today's podcast is a little different as it is a replay of a discussion I had with Joey D'Agata on the Property Strategy Podcast about the evolution of my investment philosophy and the lessons learned over the five decades I've been involved in property. We explored my investment philosophy and how my thinking has evolved over time and the lessons I've learned as I progressed from being a beginning investor to a sophisticated investor with a substantial property portfolio. We discuss the importance of strategic planning in property investment and how it can lead to long-term...
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10 Brutally Honest Money Lessons I Learned the Hard Way, with Ken Raiss
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast
What if you could sit down with someone who’s spent over 50 years investing, building wealth, making mistakes, and getting it right… and ask them what they wish they’d known about money from day one? Most people think building wealth is about finding the right investment or timing the market perfectly. But after more than 50 years of investing, I can tell you that’s not what really makes the difference. The biggest financial mistakes I’ve seen – including some of my own – didn’t come from bad markets. They came from misunderstandings about money itself....
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The 7 Biggest Myths About Rich People & Why Believing Them Keeps You Broke | Tom Corley
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast
Most people have strong opinions about rich people. They think the wealthy are lucky. Or greedy. Or born into privilege. Or somehow wired differently. But here’s the problem… if you believe any of that, there’s a good chance you’ll never build real wealth yourself. Because those stories aren’t just wrong – they’re dangerous. Today, Tom Corley and I discuss the common myths surrounding wealth and the psychology of successful individuals. We discuss the importance of mindset, the role of luck, and the common misconceptions about...
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The Real Driver of Property Prices (It’s Not Interest Rates) with Simon Kuestenmacher
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast
If you’ve been following the headlines, you’d be forgiven for thinking property markets rise and fall on the back of interest rates, government policy, or the latest migration numbers. But when you step back and look at what really drives long-term property performance, a different story starts to emerge. In fact, the biggest driver of property values isn’t what most commentators focus on at all. In today's show I speak with leading demographer Simon Kuestenmacher about the real drivers of property markets. We explore why employment, not just population...
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Three Rate Rises. One Big Question: Is the Property Boom Finally Over? | Latest Data from Dr Andrew Wilson
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast
The property market has just taken an interesting turn. After a strong run, we’re now seeing signs that higher interest rates, affordability pressures and buyer uncertainty are starting to bite. But as always, the headline numbers don’t tell the full story. Some markets are slowing, some are still showing resilience, and underneath it all we still have the same big issue: Australia simply isn’t building enough homes for the people who need them. So today, Dr Andrew Wilson and I unpack what’s really happening in our housing markets, what the latest...
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Labor's Budget Is Making Australia's Housing Crisis WORSE - Senator Andrew Bragg Explains Why
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast
It doesn’t matter whether you own an investment property, whether you’re renting, or whether you’re desperately trying to buy your first home. This Federal Budget has just made your situation harder. If you’re a tenant, rents are already punishing. Vacancy rates are near record lows, and there simply aren’t enough rentals to go around. The tax changes will lightly push rents even higher. If you’re trying to buy your first home, you’re already fighting a market that has taken the average deposit savings time out to over 11 years. The budget does nothing to fix the...
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Why Investors Who Obsess Over Tax Often Miss What Matters More | Stuart Wemyss
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast
There’s a strange thing that happens to many property investors. They’ll spend hours worrying about tax, negative gearing, capital gains tax, trusts, land tax, and what the next government might change - yet they’ll give far less thought to the quality of the asset they’re buying, the level of debt they’re taking on, or whether their portfolio is actually going to deliver the long-term returns they need. And that’s dangerous, because saving tax on a poor investment is still a poor investment. In today’s show I chat with independent financial adviser...
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How high do we want property prices to keep rising? Who wins and who loses? | Simon Kuestenmacher
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast
For decades we’ve celebrated rising house prices in Australia. If your home was worth more this year than last, life felt a bit easier. Politicians were happy, banks were happy, homeowners were happy. But after 50 years of almost uninterrupted price growth, we need to ask a harder question: Is it actually good for us if housing just keeps getting more expensive? The answer, of course, depends on who you are. Because rising prices have created a lot of winners in Australia: homeowners, investors, banks, governments, tradies, and...
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Federal Budget Tax Bombshells? What Property Investors Need to Know | Ken Raiss
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast
Australia has always promised that if you worked hard, took responsibility, invested wisely and built something for your family, you’d be encouraged - or at least not punished for doing so. But some of the recent Budget changes raise a very uncomfortable question: are we slowly dismantling that promise? Because buried behind the headlines, the political spin and the carefully chosen language are proposals that could reshape the way Australians build wealth, invest in property, use trusts, manage tax, fund retirement and pass something meaningful on to the next generation....
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The Next Phase Of Australia’s Property Market Has Begun | Dr Nicola Powell
Property Investment & Wealth Creation Australia | The Michael Yardney Podcast
Australia’s property markets are still rising, but the cracks are starting to show. Not the type of cracks that suggest a collapse, but the type that tell us the next stage of the cycle will reward careful, strategic investors and punish those chasing yesterday’s hot spots. According to Domain’s latest House Price Report, most capital cities reached new highs in the March quarter, but the pace of growth has slowed sharply since late last year. At the same time, Domain’s Rental Report shows vacancy rates have fallen to a record low nationally, yet many renters...
info_outlineHave you ever wondered why some locations that could be labelled as 'secondary’ outperform the established blue-chip suburbs?
What drives this unexpected surge in property value, and more importantly, is this a trend that savvy investors should be paying attention to?
Should you be looking for these suburbs, or should you stick to blue-chip locations?
I’d like to know if this is a mere market fluctuation, or are we witnessing a fundamental shift in what defines a 'smart investment' in our property markets?
That’s what I ask my guest today, leading independent financial advisor, Stuart Wemyss, director of Prosolution private client.
Links and Resources:
Stuart Wemyss – Prosolution Private Clients
Stuart’s Book – Rules of the Lending Game & Investopoly
Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us
Shownotes plus more here: Why Some Secondary Suburbs Soar with Stuart Wemyss