logo
How rentvesting helped this couple build real wealth

How rentvesting helped this couple build real wealth

News.com.au15 hours ago

Smart buyers aren't choosing between super and property, and this Melbourne couple proves the most successful investors aren't picking between super and property, they're doing both.
And Rob Bright and Siobhan Freeman are living proof.
The Melbourne couple, who rent in Hampton but own in booming Ripley, Queensland, say they've already seen the pay-off of thinking differently, and they're not done yet.
Buyers eyeing forgotten Melb Woolies store
'We live in Hampton and own in Ripley in South East Queensland,' they said.
'We bought in Ripley as a rentvestment in March 2021 and have lived in Hampton the whole time.'
According to PropTrack data, Ripley house prices have jumped from $320,000 to $749,900 over the past decade, an average annual increase of 8.9 per cent, beating the 5.7 per cent average return delivered by Australia's top-performing super funds in the same period, according to SuperRatings.
And with Melbourne's market rebounding, the couple said they could now be eyeing suburbs like Cobblebank, 11 per cent, Weir Views, 10.9 per cent, Aintree, 10.4 per cent, and Mickleham 9.9 per cent for their next investment.
'We definitely feel the market has changed and we are eager to get back in,' they said.
For the couple, the strategy has always been about flexibility and smart planning, not chasing the status quo.
'Rentvesting was always part of our plan. It works for us.'
OpenCorp chief executive Cam McLellan said the most successful investors weren't choosing between superannuation and property they were combining both.
'You don't have to choose super or property. Smart investors are doing both,' Mr McLellan said.
'That's how you future-proof, multiple levers working together.'
Mr McLellan added that many buyers underestimated the leverage and tax benefits of owning strategically, especially in growth corridors.
For Rob and Siobhan, the focus is on what works, not what looks good on paper.
'We've just found that rentvesting gives us the best of both worlds,' they said.
'We love where we live, and we're building equity somewhere with strong returns.'

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Telstra wins film prize but Aussie work lags globally
Telstra wins film prize but Aussie work lags globally

The Australian

time2 hours ago

  • The Australian

Telstra wins film prize but Aussie work lags globally

Telstra has been recognised among some of the world's best brands after its advertising campaigns scooped top awards at the Cannes Lions International Festival of Creativity. Three recent campaigns from the telecommunications giant were recognised at the annual advertising awards festival, alongside global work for Apple, AXA, Budweiser, Dove and Vaseline. The telco's Better on a Better Network campaign, which consisted of 26 stop-motion films, each just 15 seconds long, dominated the Film awards category winning a Grand Prix for film craft in addition to two golds and one bronze Lion. Telstra's Christmas and business campaigns also picked up four more Lions, all in the film category. The plaudits extended to the creative companies behind the work, with Telstra's creative agency Bear Meets Eagle On Fire recognised as one of the top three independent agencies in the world, while production company Revolver won the Palme d'Or for film making, the first Australian production company to ever receive the award. Telstra was the most highly-awarded Australian brand at this year's awards, an accolade that left Telstra chief marketing officer Brent Smart 'speechless'. Mr Smart had previously told The Australian that the brand's recent advertising activity aimed to get audiences to rethink Telstra. 'We've been working hard to give the brand more personality, to make the brand more humble, more personable and more likeable,' he told The Australian last year. 'A lot of people judge Telstra based on the brand it used to be, not the brand it is today. I believe, if you want to change how people feel about the brand, you need to change how the brand feels,' he said. Telstra wasn't the only brand to win over the international judging panels, other local campaigns that picked up awards included Suncorp's Building a More Resilient Australia campaign by Leo Australia, Volkswagen RooBadge by DDB Australia, Coca-Cola's Meet me at the Coke Sign by Ogilvy Australia, Australian Lamb for Droga5 ANZ and the 36 Months campaign by independent agency SuperMassive, which lobbied the Australian Government to raise the minimum age for social media from 13 to 16. In addition to awarding the best work from the past 12 months, the annual festival also provides a glimpse into the themes and trends that will dominate the year ahead with some well-needed laughs likely to be hitting our screens through the next wave of advertising and marketing. 'Humour is back,' according to Suncorp EGM of Brand & Customer Experience Mim Haysom, who was a judge in the creative data award category. 'There were a large number of entries using humour this year, and using it effectively to cut through and create an emotional connection with audiences,' she said. 'Perhaps a counter play to the serious issues we are all feeling globally, the significant presence of humour, being used to tackle both business and social challenges was a delight to have in the mix.' Ms Haysom also said that while AI was a strong presence throughout the festival, featuring in 70 per cent of award case studies in the creative data category, its role and purpose was interrogated by the judges. 'We asked ourselves in the judging room, did AI serve as a genuine enabler for innovation and impact, or was it simply there for show? If you could remove the AI and the idea didn't stand on its own, it didn't make the cut,' she said. In response to the pervasiveness of AI and technology, there was a strong push for work that showcased the best, and worst, of humanity, according to Revolver executive producer and partner Pip Smart, a judge in the film craft category. 'The jury room for film craft instinctively steered away this year from anything that felt too slick, post produced or AI driven,' Ms Smart said. 'As a group we were drawn to work that showed humanity – anything hand crafted, and where emotional or humorous elements stood out. Originality was key.' She said work that was surprising, quirky and original caught the judges attention. However, there was also a big push to go beyond the creative aesthetics and reward the work that works, which impacted another significant theme to dominate the festival, as judges looked to award work that delivered results for businesses. Clerehan founder Esther Clerehan said for the Glass Lions category, which recognises work that creates change, the jury focus was firmly on the outcomes of the activity. 'The bottom line for the jury came down to impact. Brand alignment was also a recurring part of discussions but always the emphasis was on the impact of the work. Some work scored really well on creativity, but when the most weight is applied to the results, a clever idea can flounder if its case relies heavily on impressions and awareness,' said Ms Clerehan. Ms Haysom agreed. 'Impact was a non-negotiable for our jury, and most of the cases reviewed had incredible impact for business, customers, or in the case of those who were recognised with Lions, they had impact on both business and customers with strong outcomes against tangible metrics.' Impact was also a crucial theme for the creative strategy category jury, which included VML chief strategy officer Alison Tilling. She said the debut of the long-term brand platform award, while challenging to judge, provided a showcase of 'the greatest hits of advertising' with Dove's Real Beauty campaign scooping the Grand Prix. '(Dove) has written the playbook for consistently fresh work off a single platform over the past 20 years,' Ms Tilling said. 'What does it say when a 20-year-old strategy wins? I think it should scream loud and clear that when you have a strong positioning or theme you play to it clearly but with a strong sense of what's happening in culture at that moment.' Read related topics: Telstra

NSW government to launch new authority fast-tracking big business projects
NSW government to launch new authority fast-tracking big business projects

News.com.au

time3 hours ago

  • News.com.au

NSW government to launch new authority fast-tracking big business projects

The NSW government is launching a new authority to fast-track major projects and an $80m funding package, as the state gears up for a new wave of investment and innovation. The government will invest $17.7m to establish the Investment Delivery Authority - modelled on the Housing Delivery Authority - to accelerate approvals for major projects and attract investment across sectors such as technology and energy. Businesses have raised concerns about lengthy and complex approval processes, which the government says has hampered productivity and discouraged investment. The new authority is expected to assist around 30 large-scale projects annually and help unlock up to $50bn in investment each year. Premier Chris Minns said major projects from the private sector were 'getting bogged down in red tape', making it harder to do business in NSW. 'Our state is open for business and this change will encourage more people to bring their best ideas to life in NSW, all backed by our government,' Mr Minns said. Treasurer Daniel Mookhey said the authority would streamline processes and clear bottlenecks. 'We have listened to what we are being told, loud and clear: everything in NSW is awesome, except for how long it takes to get major projects done,' Mr Mookhey said. 'We are creating a way to address the blockages, speed up the process and ensure NSW is properly open for business.' The Investment Delivery Authority will accept expressions of interest from domestic and international investment projects valued at more than $1bn. It will be supported by an investment taskforce within Investment NSW under the premier's department. Its leadership team will include senior public servants from the premier's department, treasury, planning, housing and infrastructure, and Infrastructure NSW. The authority will make recommendations to the treasurer, the planning minister and the minister for industry and trade. Planning Minister Paul Scully said the reforms were a key step toward lifting productivity. 'The Investment Delivery Authority, supported by the Investment Taskforce, will identify and clear barriers that businesses may face, while advising on reforms that promote investment, competition and productivity in NSW,' Mr Scully said. In tandem with the new authority, the government is investing nearly $80m in a wide-ranging innovation funding package to support startups, scale-ups and emerging technologies under the newly launched Innovation Blueprint. 'NSW is not just open for business, it's serious about being a global leader in innovation, industry, and investment,' Mr Minns said. The largest slice of the funding is $38.5m to support Tech Central, followed by $20m for commercialising emerging technologies, particularly in housing and energy. The remaining funding has been split across several areas, including $6m to help manufacturers adopt innovative technologies and $4m each for housing construction innovation and supporting female and regional tech founders. Industry and Trade Minister Anoulack Chanthivong said the investment would help nurture the next generation of tech giants. 'With this nearly $80 million of funding, we will ensure we nurture, grow, and support the next Afterpay, Atlassian, and Canva from the early stages through to the most vulnerable periods of a startup's life cycle,' Mr Chanthivong said. Kate Pounder, former Tech Council of Australia Chair, welcomed the commitment to diversity and regional inclusion. 'This significant investment in innovation will cement NSW as a world leader in the tech sector,' Ms Pounder said. 'Most hearteningly, this money will also go where it is needed most, to female founders, and those from diverse cultures and backgrounds, as well as our budding tech giants living and working in Western Sydney and regional NSW.' Business NSW CEO Daniel Hunter described the changes as 'game-changing'. 'With a clear plan to streamline approvals and coordinate government agencies, the new Investment Delivery Authority is exactly what NSW needs to turn ambition into action,' he said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store