ResiFund’s Birkdale Property: Providing a High-Yield Investment Opportunity for Landlords in Today’s Rental Crisis
ResiFund, an Australian residential property fund specializing in residential housing, has recently had a vacancy in their Birkdale property, providing the opportunity to go back out to market and adjust rental prices. In this portfolio update, we hear from Matthew Lewison about the importance of stability in the residential property market, and how ResiFund is…
New Acquisition Takes Advantage Of Ultra-Tight Rental Market
ResiFund is delighted to announce it’s latest acquisition in Morley, located just 9km northeast of the Perth CBD. The property was acquired for $560k plus purchase costs, which is 7.4% or $45k below the median house price for 4 bedroom homes in Morley The acquisition is attractive for the Fund, due to: • Morley…
Latest Acquisitions (July 2022)
New Properties acquired for ResiFund Portfolio* ResiFund is pleased to announce the acquisition of three properties in Camberwell, Melbourne, which combined, will provide for a significant medium term redevelopment opportunity. The combined site (pictured below), currently has three older style, 2-3 bedroom single story units, each on separate titles. The total purchase price for the…
7 FAQs Property Investors Need to Know About ResiFund
Property investing in Australia has changed a lot in recent years — that’s why we launched ResiFund. While the ResiFund model is well established overseas, it’s still somewhat new to Australian property investors. So we’ve answered the most common questions we get from investors about how ResiFund works, who it’s suited to and how to…
ResiFund Market Update – November 2020
Globally, Covid has continued to impact many economies and many have found themselves fighting a second wave of cases. There have been natural advances globally, whereby countries are now improving identification, reporting systems and stabilising out breaks, which in turn has reduced the number of fatalities. Australia has seen stabilisation in economic and property market…
ResiFund interview, Finance News Network
ResiFund gives investors the opportunity to invest across a range of residential assets. OpenCorp Founder and Director Matthew Lewison talks to Finance News Network about the company’s new residential property fund, ResiFund, where it invests, its aims and how it hopes to deliver a better outcome for property investors. Interview Transcript Rachael Jones: Hello. I’m Rachael…
Is ResiFund crowd-funded?
Invest alongside Australia’s leading property experts Is ResiFund crowd-funded? This is a question we’re starting to get asked more and more. The short answer is: No, ResiFund is not a crowdfunding platform. ResiFund is a managed investment trust, and property trusts have been around for decades in Australia. It’s a tried and proven method for…
How does ResiFund work?
ResiFund focuses on high-yielding assets that generate positive cash flow When you invest in ResiFund, you’re getting access to our existing property portfolio. Our acquisition team will then source more assets that meet our very strict criteria to invest in for the fund. When we acquire those properties they go straight into the Fund to…
What fees are involved with ResiFund?
At ResiFund, we make money in three ways. (i) ACQUISITION FEE We earn an acquisition fee when we buy assets for the fund. This equates to two per cent of the cost of acquiring or constructing a property and covers the sourcing, negotiation and due diligence we do to find and secure the best property…
Do ResiFund’s directors have skin in the game?
Finally! A way for young Aussies to break into the property market with as little as $1000 Currently, the directors of ResiFund – Allister Lewison, Cam McLellan and myself – are the largest investors in ResiFund. (Check out more about the directors here) We have skin in the game and we’re committed to continuing to…
Which cities will ResiFund invest in?
ResiFund is for all levels of investors who want to passively build wealth from residential property. We often get asked which Australian cities will ResiFund be investing in. It’s a good question, and I explain more in the video below. Essentially, our goal with ResiFund is to represent Australia’s housing market. That means we also…
Who is behind ResiFund?
There is now a way to hold a diversified property portfolio with just $1000 ResiFund is part of the OpenCorp Group, which is a team of more than 50 professionals who specialise in residential property investment, including property managers, finance brokers, a property investment advisory team, and a development management team. Our funds management team…
The ResiFund Concept
Most investors would be aware of the concept of investing in a property trust that buys retail or commercial office assets, but it struck us as strange that within Australia there were no residential property trusts that catered for a market that’s three times bigger than the ASX.
Is ResiFund ‘build to rent?’
Build to rent to rent means acquiring a property with the purpose of building and development and then renting the entire development out rather than selling it. So ResiFund is really a portfolio of rental properties, and we aim to buy properties that are already rented out or ready to be rented out.