Don’t buy all your properties in the one area or state.
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…
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…
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…
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…
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…
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…
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…
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…
Perth's property market is on the brink of a significant upswing, according to a recent property report released by KPMG. The report highlights the forecasted growth in property prices across Australia's capital cities, and Perth is poised to outperform other cities with its impressive 8.4% growth…
As the national cabinet met in Brisbane recently, to discuss the housing crisis, there were calls from advocacy groups and the federal Greens for a nationwide rental freeze to ease pressures on tenants, with Gippsland hit particularly badly. Rental prices are rising at an increased pace, with a two…
The historic rental crisis gripping Australia can be solved in 24 hours according to one of Australia’s most successful property investors. President of Property Club Australia’s largest property investment membership group, Kevin Young, said it needs to be a two-fold process. “Firstly we have to…
The findings of a new survey are being considered further bad news for Australian renters. Last week, Property Club conducted a national snap survey of 315 landlords, finding that 55.9 per cent of respondents plan to pass on the cost of the most recent interest rate hike (in June) by the Reserve…