Australian Property Investor Karen Young’s 15 Properties By 50
Dec 18, 2023
Karen Young, founder and director of Property Zest, shares her property investing journey and her unique approach to helping clients achieve their property goals. She emphasizes the importance of having a combination of keys to unlock success in investing. She also discusses the challenges of finding reliable advice as a buyer's agent and the power of list making and goal setting.
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Early Reluctant First Purchase
- Karen bought her first property (a one‑bed flat in Carnegie) around age 30 after returning from overseas and realising she needed a future asset.
- She paid too much and sat on it, then later used proceeds toward a family home once she started planning seriously.
Negative Inspiration Drives Action
- Karen's parents inspired her to invest by showing what she didn't want: working hard and retiring with little wealth.
- That contrast motivated her to build an investment portfolio rather than rely on a single paid‑off home.
From ICU To IT To Buyers Agent
- Karen worked as an intensive care nurse for about ten years, then shifted into IT and spent another decade there.
- She used that clinical and IT experience to launch a paperless buyers agency and property podcast.