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Welcome to our latest property market update! In this video, renowned economist Clifford Bennett shares his expert insights on the current trends, challenges, and opportunities in the property market. Whether you're a homeowner, investor, or simply interested in real estate, this update is packed with valuable...
Western Australia has recorded the highest growth rate in property investment of any Australian state over the past year, with investor lending reaching a record $1.15 billion in April 2024, according to the latest ABS figures. Kevin Young, President of Property Club, said that property investment activity in WA has...
A new rule to limit WA landlords increasing their rent to once every twelve months instead of six will result in a government-induced rent spike over the coming months, according to one industry insider. Property Club president Kevin Young said the rule change would have the opposite impact than what the state...
Rising land taxes and interest rates are squeezing investors like Landlord Roger Galway. With 11 rate hikes and mounting taxes, Mum and Dad investors have no choice but to increase rents to weather the financial storm. There is a boom in the number of homes up for sale with claims property investors are fleeing...
The number of Australians aged 100 or over has reached a record high of 6,192, a sixfold increase from just 1,012 in 1993, according to the latest ABS population figures. This growing number of older Australians is set to add a new dimension to the country’s housing crisis, as people will need homes for much longer...
There are now a record 642 centenarians in Western Australia compared to just 67 in 1993 – a tenfold increase. The latest population figures, taken last year, show that across the country there are 6192 people aged over 100 in Australia compared to fewer than 200 in 1983. Property Club president Kevin Young said the...
With Australia’s annual rent bill blowing out by $44 billion per annum over the last decade, there is a need for the government to remember what has caused this crisis, and subsequently look to the reform that can fix it. Kevin Young, the president of Property Club, has elaborated on the ballooning rental costs being...
A surprise fall in unemployment could put pressure on interest rates but property prices and rents look set to continue rising as the country's population surges. Australia now has more people and workers than ever before, and the implications for property prices and interest rates are potentially profound. Employment...
Realestate.com.au: Eleanor Creagh Property prices have reached another record high across the country, with some unlikely contenders now snapping at the heels of their pricier rivals. The latest PropTrack Home Price Index shows national property prices hit a new record high in February, although the gains were not...
The Courier Mail: Des Houghton Rental housing shortages are a direct result of unnecessary state and federal government interference in the market, says a Queenslander described as Australia's most successful property investor. And Kevin Young believes the crisis could be solved quickly and simply by removing the...
The Property Club members are mum and dad investors from throughout Australia and I am here today to give them a voice on how we can solve the cost of the rental crisis in Australia. The cost-of-living crisis in Australia has been worsened by the rental crisis and surging rents. For example, the latest figures show...
Despite positive figures on paper, people in one Australian city are feeling the pinch from soaring rents and massive mortgages - and things are tipped to get worse. A Senate inquiry into the cost of living has heard rents in Perth will continue to rise well into 2024, as housing supply remains a major issue. Senators...
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