Track Record / 22 acquisitions
Boom-cycle mappedPerth today. Melbourne in 2024. Brisbane from 2020. Hobart in 2018. Sydney through COVID. Every position below was anchored to a cycle we'd already identified — and exited or held against a written thesis.
House & Land (4×2)
Thesis · Sub-1% vacancy, lithium/iron-ore capex cycle, median price 40% below east coast.
Outcome · Rental reset +$180/wk on lease renewal. Refi unlocked equity for second purchase.
Perth resources boom
House & Land (4×2)
Thesis · Byford Metronet rail station under construction, growth corridor undersupplied.
Outcome · Rail completion priced in early. Yield held at 5.1% on reset rent.
Perth resources boom
House & Land (4×2)
Thesis · Morley–Ellenbrook line opened Dec 2024; land bank shrinking inside the corridor.
Outcome · Settled pre-rail completion. Yield 5.3%, vacancy <0.5%.
Perth resources boom
Dual-Occupancy
Thesis · Two-income dwelling on one title, gentrifying southern corridor, yield + growth.
Outcome · Combined gross yield 6.4%. Strongest cash-flow position in pipeline.
Perth resources boom
House & Land (4×2)
Thesis · Bought into Melbourne's price trough after 18 months of negative sentiment.
Outcome · Outperformed metro median by 12pp. Migration data inflected H1 2025.
Melbourne post-correction rebound
House & Land (4×2)
Thesis · South-east growth corridor; new schools and arterial widening completed 2025.
Outcome · Rent appraised $40/wk above purchase forecast.
Melbourne post-correction rebound
Off-the-Plan Townhouse
Thesis · Suburban Rail Loop East precinct, premium school catchment, townhouse undersupply.
Outcome · On-completion val came in 8% above contract — instant equity at settlement.
Melbourne post-correction rebound
Dual-Occupancy
Thesis · Two-income dwelling, level-crossing removals complete, yield-plus-growth play.
Outcome · Cashflow positive from month one on 6.1% gross yield.
Melbourne post-correction rebound
House & Land (4×2)
Thesis · Interstate migration thesis pre-COVID acceleration; affordable detached stock.
Outcome · Almost doubled in six years. Refi cycle funded two follow-on purchases.
Brisbane 5-year run
House & Land (4×2)
Thesis · Ipswich corridor, Springfield employment node, sub-2% vacancy.
Outcome · Vacancy never exceeded 4 days across two tenancies.
Brisbane 5-year run
NDIS / SDA
Thesis · High-Physical-Support SDA, Prince Charles Hospital catchment, locked-in NDIS yield.
Outcome · Tenanted within 11 weeks of CofO. Gross yield 11.2% on cost.
Brisbane 5-year run
House & Land (4×2)
Thesis · PDA-designated growth corridor; population trajectory 120k by 2041.
Outcome · Land component +71% in isolation; depreciation schedule held tax position.
Brisbane 5-year run
House & Land (4×2)
Thesis · Gold Coast northern corridor, Olympics 2032 infrastructure spillover.
Outcome · Rent reset $620 → $720/wk on first renewal.
Brisbane 5-year run
House & Land (4×2)
Thesis · Sunshine Coast undersupply, rail extension funded, lifestyle migration.
Outcome · Vacancy zero across 28 months. Yield held at 5.0% on reset.
Brisbane 5-year run
Established 3×1 (renovate)
Thesis · Yield-chasing southern capital migration; Hobart median rising 12% YoY.
Outcome · Held through full Hobart cycle. Sold concept later; this one retained for land.
Hobart 2018–2021 boom
House & Land (4×2)
Thesis · Southern Hobart, family demographic, schooling catchment driver.
Outcome · Sold Q2 2022 at peak — recycled equity into Brisbane corridor.
Hobart 2018–2021 boom
Established 3×2 dual-income
Thesis · Northern Tas lagged Hobart by 18 months — entered the catch-up window.
Outcome · Yield 6.8% gross on entry. Refi'd into Sydney COVID purchase.
Hobart 2018–2021 boom
House & Land (4×2)
Thesis · Aerotropolis catchment; record-low rates fuelling detached-house flight to quality.
Outcome · Strongest absolute-dollar gain in client book. Held through the rate cycle.
Sydney COVID surge
House & Land (4×2)
Thesis · North-west growth corridor; metro rail stations under construction.
Outcome · Settled pre-2022 rate-hike cycle; equity buffer absorbed 12 RBA increases.
Sydney COVID surge
House & Land (4×2)
Thesis · South-west masterplan community; town-centre activation driver.
Outcome · Rent reset $640 → $820/wk over hold period.
Sydney COVID surge
House & Land (4×2) — grandfathered
Thesis · Settle before 1 Jul 2027 to lock full negative-gearing for the asset's life.
Outcome · Land registration Q1 2027; construction window 9 months.
Post-2026 Budget positioning
Dual-Occupancy — grandfathered
Thesis · Two-income, grandfathered tax treatment, Perth corridor still 18 months from peak.
Outcome · On track for May 2027 settlement; gross yield modelled at 6.3%.
Post-2026 Budget positioning
The next cycle is already mapped