Don’t buy all your properties in the one area or state.
Rising property taxes in Australia are leading landlords to sell off rental properties amidst an unprecedented housing crisis, according to the Property Club. The latest Australian Bureau of Statistics (ABS) government finance figures reveal property taxes totalled $36.4 billion in the last…
he annual spending needed to satisfy the ASFA comfortable retirement standard has risen for the March quarter by 1.1 per cent, hitting a record high of $70,482 a year for couples and $50,004 a year for singles. This means the annual increase jumps to 7.7 per cent. “Retiree budgets have been under…
MILDURA'S spiraling rents have been forecast to get even worse as supply struggles to keep pace with demand. The president of independent investment group Property Club, Kevin Young, says a massive influx of migrants during a time of famine in rental properties over the coming year will force rent…
Anglicare’s annual rental snapshot has been released with the report revealing a “shocking” collapse in the availability of affordable rental homes. The Snapshot surveyed 45,895 rental listings across the nation and found: 345 rentals (0.8%) were affordable for a person earning a full-time minimum…
Join us and our expert team at Property Club and learn how to maximise the potential of your superannuation through SMSF, including the little-known strategy to keep your investment properties into retirement and continue to enjoy rental income and equity growth. Property Club expert guidance and…
Property Club is appealing for urgent action from the Federal Government to address the vast rent inflation which, if not taken care of, will become a major crisis. Rent inflation is set to explode in the coming year with the nation on track for 650, 000 new migrants to arrive during a time of…
An investment executive has raised the alarm that property investing is collapsing in the Sunshine State. Citing the latest lending figures from the Australian Bureau of Statistics, Property Club president Kevin Young has suggested the rental crisis would only worsen in Queensland, with the state…
Rosie O'brien statement regarding Queensland’s Palaszczuk government is pushing ahead with its renter policy strategy by limiting rental increases to once a year in a bid to stem the pain from the state’s housing crisis.
Just as the Reserve Bank Governor Philip Lowe suggested a pause in interest rate rises was on the cards, big spending Aussie households may have given him cause for a rethink. The Reserve Bank of Australia (RBA) has made it clear more interest rates rises are in the pipeline but a rethink may have…
An expert warned that the rental crisis affecting the country is set to “get even worse”, as the Reserve Bank’s rapid rate rise cycle continues to have a “crippling impact” on lending to property investors. The latest data from the Australian Bureau of Statistics (ABS) showed lending to property…
The prospect of the rental crisis abating anytime soon appear forlorn, with rental prices continuing to soar while vacancy rates remain at historic lows around the country. In Sydney residential vacancies have just hit a nine-year low, rents are again rising in Melbourne, Perth is at a 40-year low…