PHOTO: BrickX
Ordinarily you talk about getting a foot on the residential property ladder. Now with the rise of fractional property investment it’s more like a toenail.
Online platforms such as BrickX, CoVesta, DomaCom and Kohab are springing up to help people crack Australia’s most impenetrable markets.
BrickX uses a panel of property professionals to select properties. Each property is held in a separate unit trust with 10,000 units or “bricks”. For instance, a brick in a one-bedroom unit in Darlinghurst is $69 or a two-bedroom Port Melbourne house for $152.
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