Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

Why do some people work hard for decades yet never become financially secure, while others steadily build wealth, opportunities and choices?   It is tempting to put the difference down to income, intelligence, luck or even the investment assets they choose.   Yet my guest today is Tom Corley, has spent years studying wealthy people, and his research suggests that the real difference is often found in their daily habits, relationships and decisions.   So today, we are going to work through what Tom calls the 10 laws of wealth creation.   By the end of our...

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

Imagine being told that an area has a housing shortage, the vacancy rate is low, a new train line is coming, and the property you’re looking at is below market value.   They sound reassuring, which is exactly why they work so well.   Over the years I've watched many hardworking Australians hand over their deposits on the strength of words like these, and plenty of them are still waiting for the growth they were promised a decade ago.   Today my guest Dorian Traill and I are going to translate the marketing language that gets used on property investors into what it usually...

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

Every year, economists, property analysts and media commentators tell us where interest rates, house prices and rents are heading next.   Some forecasts will be broadly correct, many will miss the mark, and almost none will anticipate the unexpected events that eventually shape our markets.   Yet property investors continue searching for certainty, which is understandable when they are committing hundreds of thousands of dollars and taking on debt that may last for decades. The danger begins when a forecast designed to describe one possible future is treated as a promise. ...

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

Sydney and Melbourne house prices have just recorded their first monthly rise since April, and I think that’s an important signal for anyone wondering where our property markets are heading as we move towards 2027.   Many commentators had written off our two biggest markets this year, after four interest rate rises, major changes to property taxes and a big cut in migration.   Yet Melbourne led the nation in October, with house prices up 0.6% over the month, and Hobart and Sydney also moved higher.   Meanwhile Brisbane, one of the stars of the last few years, recorded...

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

Here's an uncomfortable question to start today's show. When your last property deal didn't go the way you wanted, when a negotiation stalled, when the market moved against you, who did you blame?   The bank? The agent? Interest rates? The economy?   Here's the thing my guest today has learned after coaching some of the highest performing real estate agents in this country, and now some of Australia's leading business people and even a hedge fund manager.   The people who actually build serious wealth, in property, in business, in any field, almost never default to blame. They...

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

For twenty years, Australia's economy has been growing.            Company profits have gone up, dividends have gone up, and property values have gone up.   But what if I told you that most of that growth had almost nothing to do with us getting smarter, more efficient, or more productive?   What if it was really just more people? More immigration, more houses needed, more traffic, more schools, more everything, but not one dollar per person any richer for it.   That is exactly what Ashley Owen, my guest today, has uncovered...

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

Right now, property headlines are telling you the market is falling apart.   Prices have been down in almost every capital city for months in a row. Bank economists are downgrading their forecasts. Talk of more interest rate rises before Christmas.   And if you're an investor watching your portfolio value dip on paper, that news cycle feels personal.   But what if I told you that the very thing that's spooking everyone right now, this run of falling prices, is actually the setup for the next property boom, not the end of one?   Well, that's the view of my guest today - John...

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

Melbourne property investors have endured almost a decade of disappointing growth, and the usual explanation is taxes, debt and government policy.   But what if the biggest cause was the extraordinary 20-year boom that came before it?    By the end of this episode, you'll understand exactly why Melbourne has underperformed for the best part of a decade, why the usual suspects, land tax, state debt, poor sentiment, probably aren't the real culprits, and why the length of Melbourne's flat patch might actually be the strongest signal yet that a powerful new growth cycle is coming....

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

What if the biggest financial mistakes people make aren't about picking the wrong investment or getting the timing wrong - but about the things nobody ever sat them down and actually explained?   I've spent over 50 years in property investment. I've read hundreds of books, attended countless courses, paid for mentors, and written nine books of my own.   And yet, despite all of that, some of the most important money lessons took me far longer to truly understand than I would have liked.   Today, I want to share those with you. Not as theory, but as the hard-won insights...

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

By the time many of today's Gen Z buys their first home, Melbourne will have overtaken Sydney as Australia's biggest city.   Canberra will be bigger than Newcastle. And a sleepy Victorian farming town called Warragul will have more than tripled in size.   If that sounds far fetched, stick around, because today we're unpacking a piece of research that maps out every major Australian city and town all the way to 2050, and some of the findings will completely reshape how you think about where the next wave of property demand is heading   It’s more than just a prediction;...