PHOTO: CEO of Capio Property Group Mark Bainey started developing property at 18 years old. Photo: Louie Douvis.

Property developers continually make headlines for knocking first-home buyers and young families out of the running at auctions, with grand plans to demolish rundown homes and make huge profits building as many properties as possible on the block.

Developing a block of land may seem like one of the quickest ways to build wealth through real estate, and from the outside, it can look like easy money.

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