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Young Aussies band together to buy property

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Australian Broker | 25 Jun 2014, 02:34 AM Agree 0
First homebuyer participation has fallen to record lows, but some savvy young investors may have found a solution
  • Warren Gibson | 25 Jun 2014, 09:48 AM Agree 0
    A new fractional property investment model has been launched that enables people to purchase property via a trust structure in which they hold units. The trustee holds the title on behalf of the trust and the parties to the trust are free to sell their units at any time should they have a need to get out. The DomaCom Fund is a simpler and cheaper solution to a syndicate and likened to crowd-funding except you can control who is in the crowd.
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