Melbourne rentals Rob Bright and Siobhan Freeman live in Hampton but buy it in Ripley, Queensland, and in a decade the price has more than doubled. Image: David Caird
Smart buyers have no choice between super and property, and the Melbourne couple proves that the most successful investors have no choice between super and property, they are all doing it.
Rob Bright and Siobhan Freeman are both proving.
The Melbourne couple rented in Hampton but owned in Ripley, Queensland, said they have seen the rewards of different thinking, but they have not completed it.
Related: VIC bid ban approaches, tenant price for sale
Skip the girl’s million dollar make-up
Buyer stares at the forgotten Melbour Wool Store
“We live in Hampton and have ourselves in Ripley, southeast Queensland,” they said.
“We purchased it in Ripley as a rental investment in March 2021 and have been living in Hampton.”
Ripley home prices rose from $320,000 to $749,900 over the past decade, an average annual growth of 8.9 per cent, surpassing the average earnings of Australia’s highest-performing super funds over the same period, according to PropTrack.
Their $320,000 Ripley home is now worth $749,900, proving that some investors can beat super returns with the right growth corridor strategy. Image: David Caird
With Melbourne’s market rebound, the couple said they may now focus on cobblebank, 11%, Will’s view, 10.9%, Aintri, 10.4%, Micklam and Micklam’s next investment of 9.9%.
“We definitely feel like the market has changed and we are eager to get back in,” they said.
“We love our residence, we have built stocks elsewhere,” the couple said, “and they can be a striking suburb with the market revival in Melbourne. Image: David Caird
For the couple, the strategy has always been about flexibility and wise planning, not the pursuit of the status quo.
“RentVesting is always part of our plan. It works for us.”
Opencorp CEO Cam McLellan said the most successful investors are not choosing between pensions and the property they combine.
Rob Bright and Siobhan Freeman said Rentvesting provided them with flexibility and economic growth without damaging the Hamptons’ highly sought-after lifestyle. Image: David Caird
“You don’t have to choose super or property. Smart investors are doing both,” McClellan said.
“That’s how you’ll be in the future, multiple levers work together.”
Mr McClellan added that many buyers underestimate the leverage and tax benefits that strategically own, especially in the growth corridor.
For Rob and Siobhan, the point is to be effective, not to look good on paper.
Opencorp CEO Cam McLellan said smart buyers have no choice between pension and property, and they both use both to build long-term wealth.
“We just discovered that Rentvesting offers us the best of both worlds,” they said.
“We love where we live and we have stocks somewhere and have a high return.”
Sign up for the Herald Sun weekly real estate update. Click here to deliver the latest Victorian real estate market news directly to your inbox.
More: Bomber Star Finishes $2M+ Transaction
Revealed: Bodybuilder’s Secret $7 million + Melzang
Bidders fascinated by this pink detail
david.bonaddio@news.com.au