Monday, October 31st, 2011
New figures from the Australian Bureau of Statistics show that Australia’s richest households are expanding their wealth three times faster than the poorest groups.

Michael Yardney, CEO of Metropole Property Strategists, and one of Australia’s leading property experts says “if there was any doubt in your mind of the value of property as a creator of wealth, the figures clearly reveal that wealth was more concentrated in households that own property”.

Read more about what Yardney has to say on how the rich are getting richer in his latest property market update :

Yardney says, “If you want to grow your financial wealth you need to get a foot on the property ladder.

Yes the economic times are uncertain at present, and you can’t just buy any property and become rich.

In fact in turbulent times like we’re now experiencing fewer investors will do well, but those who buy the right properties in the right locations and finance than correctly will grow their wealth just like all those millions of other Australians have done before them. a long-term investor, and that's the only way to look at property as an investor, you can buy a property at any time in the property cycle as long as the fundamentals of the deal are sound. This year may be a good time to buy property – I have always found it a good time to buy when everybody tells you that property is a bad investment. Now is the time to get set for the future.”

You can also view Michael Yardney’s latest video blog here:-

Contact Profile


Metropole Property Strategists helps Australians become financially free through independent, unbiased property advice.

We help beginning investors buy their first property, experienced investors add to their portfolio and sophisticated investors "manufacture" capital growth by becoming property developers.

Over the years the Multi Award Winning Team at Metropole have bought, sold, financed, developed, advised, negotiated for and project managed hundreds and hundreds of millions of dollars worth of property transactions to create substantial wealth for their clients. And we can do the same for you.

We help our clients create financial independence by building lasting wealth through growing a high-performing property portfolio.
Michael Yardney
P: 0419800900


property market investors investment homebuyer real estate



More Formats

View QR Code