Markets

BrickX offered millennials access to the property market — now one of its properties has fallen $100,000 in value and returns from others are under pressure

Australian fintech startup BrickX’s fractional ownership model offers investors exposure to residential real estate via the purchase of “bricks”, or small portions, of a property. Business Insider ran the numbers on BrickX in June last year. Part of its offering is to target younger investors who have felt locked out […]
BrickX offered millennials access to the property market — now one of its properties has fallen $100,000 in value and returns from others are under pressure
Tech

You can pay $66 to buy into BrickX’s new inner Sydney apartment

Finnies winner BrickX has added another Sydney property into its portfolio, offering it at just $66 per investment unit to the public. The Potts Point one-bedder, to be opened for pre-orders at midday Friday, follows last week’s release of a Surry Hills townhouse that’s now completely sold out at $95 […]
You can pay $66 to buy into BrickX’s new inner Sydney apartment
Tech

$95 will buy you one of 10,000 slices in this inner-Sydney townhouse

Fintech startup BrickX has bought another property, a two-bedroom townhouse in Commonwealth Street in the trendy inner Sydney suburb of Surry Hills, for $1.3 million. After debt is taken out, the remaining equity will be divided into 10,000 units that will be sold off to investors at $95 each. Brick […]
$95 will buy you one of 10,000 slices in this inner-Sydney townhouse
Tech

You can buy a piece of this Sydney apartment for $57

The fintech startup that’s helping people locked out of the red-hot Australian real estate market has just purchased a new property that allows investments as low as $57. BrickX today unveiled the eighth property in its investment portfolio, located in the inner eastern Sydney neighbourhood of Darlinghurst, which was purchased […]
You can buy a piece of this Sydney apartment for $57