Don’t buy all your properties in the one area or state.
Tenants in New South Wales, Victoria, and Queensland will get the short end of the stick following a major drop off in lending to property investors caused by rising interest rates, an expert warned. Kevin Young, the president of Property Club, stated that tenants in the three states will be forced…
Thanks to outstanding rental returns and competitive property prices, Perth is experiencing a gold rush when it comes to property investment. However, Australia’s largest independent property group is warning would-be property investors of the danger of buying without researching. The President of…
A “sucker punch” could be on the way for renters and first-home buyers if rates are raised, with warnings that Christmas could be ruined. Ahead of the Reserve Bank‘s latest announcement on interest rates, there are warnings that renters and first-home buyers are set for a difficult holiday period…
The RBA has been urged not to increase interest rates next Tuesday, which Australia’s largest independent property group says would be a Xmas killer on the same scale as Governor Philip Lowe’s infamous ‘interest rates won’t rise in 2023” statement. Kevin Young, President of Property Club, said that…
New data by Australia’s largest independent property group has revealed national rent averages and property prices could jump significantly over the next 28 years. Property Club has developed a cost of living index based off data dating back to 1973, tracking survey data has since been used to…
Listings carried higher rent prices over the past month, as evidenced by the shrinking pool of properties renting for under $400 weekly. According PropTrack, the share of properties for rent below $400 weekly fell to 19.3% in September across Australia, the lowest share on record. This represents a…
Australia’s largest independent property group is planning to help 1,000 lucky West Aussies become property millionaires. Founded in 1994, Property Club has created over 5,000 property millionaires across Australia. A thousand of those have already come from Western Australia – but the Club are…
Tired of seeing property owners and renters treated poorly by banks and governments, millionaire property king Kevin Young is fighting back by creating a new political party, writes Des Houghton. One of Queensland’s richest men will launch a new political party for property owners and renters who he…
Experts say Australian renters are bearing the brunt of an industry-wide housing crisis, with some reporting rent rises as much as $150 a week. But the experts say there is no quick fix and fear the situation is set to worsen. A lack of supply combined with four consecutive interest rate rises has…
A Gold Coast property guru who claims to have helped thousands of people to become millionaires has vowed to rebuild his former empire after settling a long-running legal battle with the ABC. Property Club founds Kevin Young accused the national broadcaster of defamation over allegations in a 201…
Revealed: I can confirm the ABC did not bother to tell Labor’s newly-minted Communications Minister, Michelle Rowland, that it made a substantial payment, in secret, to a Queensland richlister to settle a defamation action. Rowland declined to comment, but a reliable source in her department assured…
Michelle Rowland, the Communications Minister, has dodged questions about a substantial payment confidentially made by the ABC to settle a defamation action. Rowland declined to say whether the ABC informed her that wealthy Queenslander Kevin Young got $400,000 from the ABC to settle a long-running…