Contribution by : Michael Christie
18/02/2025
In late 2020, Christie and Co. Property Group identified a promising opportunity in the Arabella development, comprising 53 townhomes. We introduced 16 of our investors to this project, each securing a unit with a 5% deposit, averaging a purchase price of $595,000. Upon settlement, these units were valued between $800,000 and $865,000, resulting in gains of $200,000 to $270,000 per investor. Notably, our clients were able to finance 100% of their mortgages without incurring interest on their deposits.
The success of this investment is attributed to our rigorous due diligence process. During the COVID-19 pandemic, many developers faced financial challenges, leading to project delays or cancellations. However, our thorough evaluation ensured that we partnered only with developers possessing strong financial backing and a proven track record of project completion. This approach safeguarded our clients’ investments and upheld our consultancy’s reputation.
The Brisbane property market experienced significant growth during this period. Between 2020 and 2024, Brisbane’s housing market saw a remarkable 67.7% price growth, reaching a new peak.
In 2024 alone, house prices city-wide grew by 17.1%, culminating in a massive 73% price growth over five years.
This upward trend was influenced by factors such as increased interstate migration, affordability compared to other major cities, and anticipation of infrastructure developments ahead of the 2032 Olympic Games.
Despite challenges like a 35-50% increase in labor and material costs due to import restrictions during the pandemic, our proactive research and strategic partnerships ensured that our clients’ investments remained secure and profitable. We guide our investors through every step, from identifying high-growth areas to navigating financing options, ensuring informed decision-making and optimal returns.
At Christie and Co. Property Group, our commitment to meticulous research, prudent developer selection, and comprehensive investor support has consistently delivered exceptional outcomes, even amidst market uncertainties.
Recognizing this shift, we have strategically expanded our focus to Melbourne’s western suburbs, an area poised for substantial growth. We are excited to announce the launch of over a dozen limited four-bedroom townhomes, located just 35 kilometers from Melbourne’s Central Business District, with prices starting at an exceptional $510,000. This entry price is nearly unattainable nationwide, offering a unique opportunity for significant capital appreciation.
Melbourne’s west is undergoing a transformative phase, bolstered by significant government infrastructure projects. The expansion of Melbourne’s transport network, including the Suburban Rail Loop and the West Gate Tunnel, is set to enhance connectivity and increase property demand in well-connected suburbs. Additionally, Melbourne’s property values have risen 8.4% since the onset of COVID-19, indicating a resilient market with promising prospects.
The affordability of these townhomes, combined with the region’s growth trajectory, is expected to attract a surge of interest, particularly from migrants seeking quality housing within proximity to the city. Our rigorous due diligence process ensures that we partner exclusively with developers who possess robust financial backing and a proven track record, safeguarding our clients’ investments.
For investors aiming to replicate the success achieved in Brisbane, this represents a limited-time opportunity to capitalize on Melbourne’s burgeoning western corridor. We encourage interested parties to act swiftly to secure a stake in this promising venture.