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...
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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...
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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...
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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...
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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....
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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...
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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;...
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Right now, there are two types of property investors in Australia. Those who bought before 7:30pm on the 12th of May 2026, and those who bought after it. And depending on which camp you're in, the entire economics of your next move just changed. If you already own an established investment property, you're sitting on something the government has effectively locked in for you, full negative gearing, the old rules, preserved. But here's what almost nobody's talking about. What you do with that property from here can either protect that advantage or accidentally throw...
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What if the decisions that make you feel safest as a property investor are actually the ones most likely to cost you a fortune? Waiting for interest rates to settle sounds sensible. Keeping your money in cash feels secure. Avoiding investment debt appears responsible, while buying in the same locations everyone else is talking about provides the comfort of following the crowd. Yet each of these choices can carry hidden risks. In today’s show, I want to explore one of the most important psychological traps property investors face: confusing familiarity with safety and...
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What if the secret to becoming wealthy wasn’t being smarter than everyone else? What if it wasn’t timing the market, picking the next hot suburb, or finding some clever tax loophole? What if the real secret was simply living long enough to let good assets quietly compound in the background? Now, I know that sounds strange, but in a recent article in The New Daily Simon Kuestenmacher used a fascinating idea he called “vampire economics.” His argument was that if vampires existed, they should be incredibly wealthy. After all, they don’t retire. They...
info_outlineHere'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 default to a single, uncomfortable question. What haven't I done well enough?
By the end of this episode, you're going to understand why roughly 20% of investors quietly build substantial, multi-generational wealth while the other 80% stay stuck, and it has very little to do with how much capital they start with or how smart they are.
You'll walk away with a practical way to catch yourself making excuses before they cost you your next deal, and a mindset shift that applies just as much to negotiating with a lender as it does to negotiating on price.
My guest today, Adam Joske, has spent more than 30 years studying that difference from inside one of the most competitive industries in Australia. He sold more than 1,200 properties, transacted close to $1 billion in residential real estate, led major agency networks and now coaches many of the country's leading agents and increasingly works with high performers well beyond real estate.
Yet today's conversation goes well beyond the mindset of successful real estate agents. We are going to explore what property investors, entrepreneurs and business leaders can learn from the way elite performers deal with setbacks, negotiation, responsibility, discipline and pressure.
Takeaways
• Owning your decisions helps turn setbacks into useful lessons
• The 80/20 principle concentrates results among consistent performers
• Buyers can miss opportunities while waiting for certainty
• Market confidence may return faster than hesitant buyers expect
• Upper-end property can face different pressures than apartments
• Replacement cost offers context when assessing apartment value
• Comparable sales provide a stronger basis than inflated appraisals
• Agent negotiation skill matters more than the lowest commission
• Selling and buying in one market can reduce upgrade risk
• Resilience and rejection tolerance help sustain long-term performance
Chapters
02:36 - What separates top performers from everyone else
05:51 - If it's to be, it's up to me
08:40 - What buyers should do in this market
16:03 - How to choose an agent when selling
20:54 - Victoria's new reserve price disclosure rules
Links and Resources:
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· Click here for more details and to lock in your spot. https://metropole.com.au/how-to-grow-seminar/
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Michael Yardney – Subscribe to my Property Update newsletter here.
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Adam Joske - https://adamjoske.com.au/
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About The Michael Yardney Podcast | Property Investment And Wealth Creation Australia
The Michael Yardney Podcast is one of Australia’s leading property investment podcasts, helping investors understand the Australian property market and build long-term wealth through strategic property investing.
Each week we explore:
• Australian property market updates
• Property investment strategies in Australia
• Melbourne property market trends
• Sydney property market forecasts
• Brisbane property investment opportunities
• Capital growth property strategies
• Property cycles in Australia
• Negative gearing and tax strategy
• Interest rates and their impact on property
• Buyer’s agent insights and investment planning
If you’re serious about building a high-performance property portfolio and creating financial freedom through real estate, this podcast will give you the clarity and strategy you need.
Learn more at:
https://propertyupdate.com.au
https://metropole.com.au