The Truth
  • 3 January 2017

The Truth

Dear Club Member,

Can you please help me?

There is an article that was written by a journalist (John Rolfe) that concerned a development located in Craigieburn Victoria where, from Property Club's perspective, it is important to set the record straight.

Property Club does not have the capacity to ascertain whether a builder is going to go broke or not, the banks do the best they can when vetting commercial transactions, yet sometimes get caught when a customer fails.

There are numerous authorities that work to keep businesses on the right track and solvent.

It is a fact of life that some businesses do fail and this is an example of that and under no circumstance can the Property Club be blamed for the builders collapse.

It is well-known that holding residential property for a couple of decades will always provide a good result... it is always best if held for the long-term.

Mr Rolfe in his article has suggested that your Club does wrong, by promoting this well validated mantra!

It seems that these damaging articles are an ongoing attempt to damage the reputation of your Club and to persuade potential members to not join the Club.

The facts are simple, a Club member will not be permitted to buy a property with the bank's money if the bank's valuer does not agree with the purchase price... it's that simple.

The Club has no influence over the banks or the valuers, the Club goal is to assist as many members as possible to enjoy the long term benefits of owning multiple rental properties for their future wealth.

The Club is a great institution that since 1994 has many very happy investors which include thousands and thousands of happy club members.

Since the Club started in 1994, it has helped thousands of happy club members purchase over 20,000 properties.

If you are as outraged and we are about this type of news story then please assist to register your disgust about the news story and demand it be removed from the internet once and for all by adding your name to the petition below.

Thank-you for your assistance!

Kevin Young Property Club Founder

Related Posts

Why the ‘Almost Premium’ Suburbs Are Stealing the Spotlight

Why the ‘Almost Premium’ Suburbs Are Stealing the Spotlight

For investors looking to maximise capital growth without the premium price tag, second-tier suburbs – those located just outside the most prestigious postcodes can offer an appealing alternative. These areas often benefit from the same lifestyle appeal and proximity to key amenities as their high-profile neighbours,...

The Real Cost of Prestige – Is the Price Tag Worth It?

The Real Cost of Prestige – Is the Price Tag Worth It?

For property investors, the allure of premium suburbs has always been clear, but the reasons these areas continue to outperform the broader market go far beyond just status and prestige. Despite higher entry costs, these blue-chip locations offer unique advantages that make them a valuable part of a well-rounded...

Australia’s Economic Winners in 2025: What Property Investors Need to Know

Australia’s Economic Winners in 2025: What Property Investors Need to Know

WA leads the charge The latest CommSec State of the States report for April 2025 is in, and it's clear some states are pulling ahead in the economic race. For investors, this isn’t just interesting reading — it’s a blueprint for where smart money is going. Western Australia has taken out the top spot for the third...

Become a Member Today!

Our mission is to help the average Australian learn the property market dynamics and discover the amazing opportunities that exist in real estate.