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Most Australians value the security that comes with owning property, yet many of us feel locked out of real estate se of high entry costs for d rising interest rates.
But virtually everyone can afford to invest in property because, believe it or not, you can start with $250. And better still, no borrowings.
So, even if you are on average earnings and a tight budget, you can participate in the rental income and capital growth that usually come from well-chosen property over the medium to long term.
Here are three ways you can get on the real estate ladder with as little as $250.
1 Invest in a “brick”
Buying property on the brick at aconcept behind BrickX, which was founded in 2014. Since then, it has purchased various properties across Australia, ranging from a four-bedroom house in Kangaroo Flat, a suburb of Bendigo in Victoria, to a one-bedroom unit in the trendy, inner-city Sydney suburb of Potts Point.