Club Hoy formed in Sydney, in 1989, consisting of Penny Flanagan and Julia Richardson.
Late that year, additional musicians Bernie Hayes (bass) and Vincent Sheehan (drums) joined the band.
In September 1991, they released "House on Fire", as the lead single from their debut album, Thursday's Fortune.
In 1992, Club Hoy provided vocals and also appeared in Grant McLennan’s (formerly of Go Betweens, Jack Frost) music video for “Surround Me”.
Penny Flanagan went on to pursue a successful solo career, while Julia Richardson and Bernie Hayes formed a new group, the Troublemakers.