FAQs
Home Buyers
How much does it cost to apply?
The application process assesses your credit eligibility as well as preferences on the property location. The assessment to be qualified as an eligible buyer, there is an upfront fee of $495 with 50% discount to eligible home buyers. Once the buyers are qualified, Propertied will be running a campaign on your behalf to source suitable property co-investors on the property of your choosing. You can find out more about typical campaign fees by contacting us
What if the marketing campaign for me is unsuccessful?
If, for some reason, you are an approved applicant but the
marketing campaign does not reach the targeted level of
co-investment necessary, your application fee will be fully refunded.
What if the property changes in value?
The Propertied model is designed to help you get a foothold in the market, and therefore works irrespective of market movements. Your investment could vary upwards or downwards in the same way as every other homeowner.
Who are the investors?
Investor participants are typical mum and dad investors, and others looking to build their wealth through property investing or savings towards purchasing their home and using Propertied as an investment in the interim.
With the Propertied model, it is often only a small portion of your home purchase that is co-owned by investors – in most instance, less than 10% of the property purchase cost.
Who is on the property title?
Typically, the buyer – you – together with co- investors that contribute towards the purchase with their investment funding. The investors have a contractually binding exit strategy that will allow home buyers to buy out the equity from investors over a pre-determined period.
What happens if things change part way through the agreed timeframe?
We are flexible and will work with you to determine the best path forward if you wish to exit your arrangement – including the potential for other investors to buy out the property.
What happens if I can’t afford to buy out the investors at the end?
If you are not in a position to acquire a traditional mortgage refinance – which you would use to buy out the investors at the end of the predetermined period – you may have the option to extend or defer, or you can consider alternative finance options.
What happens if I need to move?
If you need to move during the course of the agreement, it is just like traditional home ownership – you can choose to place your property on the market, or choose to maintain the arrangement with the investors and, if needed, seek to tenant the property.
Investors
Here you’ll find further information about the various options available via the Propertied model.
What is the minimum investment?
The minimum investment increment is 5% of property value.
What is the minimum term?
Each property will be provided with unique investment terms, and these typically range from 2-5 years.
You may exit before the minimum term by placing your investment units on a secondary market that we can help facilitate.
What if the tenant/buyer defaults?
Propertied manages this scenario on behalf of the investors.
However, we also go through an extensive eligibility check upfront to ensure serviceability criteria is met or exceeded, thereby minimising such risks.
Developers
Understand the details of how Propertied delivers flexibility, agility, and security to developers.
What is the commission/rate?
This is treated on a case-by-case basis – to discuss typical rates for your type of project, please contact us.
What type of developments do you work with?
Propertied works across the spectrum of residential and commercial developments, from small unit or townhouse developments to large scale commercial or multi-story residential developments.
