- 15 July 2016
Richest Aussies Banking On Real Estate
The Richest Aussies Are Putting Their Money Into Real Estate
Australia’s richest people are putting their money into real estate according to a World Wealth Report by technology and consulting firm Capgemini. The report ranks Australia in ninth place when it comes to global markets expected to drive growth through to 2025 Phil Gomm, from Capgemini Australia, said wealthy Australians were benefiting from strong property prices despite weaker share market investments. And for the first time in the report’s history, the Asia Pacific region, which includes Australia along with Japan and China, has eclipsed North America when it comes to the number and combined value of high net worth individuals (HNWI).
In 2015, Asia-Pacific had 5.1 million rich people with a combined wealth of US$17.4 trillion, while North America had US$16.6 trillion in wealth across a HNWI population of 4.8 million.
The BRW Rich 200 also confirmed this, showing that the most common path to ultra-wealth in Australia is property, with 50 of the BRW Rich 200 making their fortune from bricks and mortar. These 50 property rich listers, with Harry Triguboff at the top of the list after 31 years, are now worth a collective $68 billion. That is almost three times the value of 16 resources rich listers who are now worth a collective $23 billion.
Property Club members have ridden the wave of this growth, with 5,000+ members in our Millionaires Club!
Property Club members are having a lot of success with Club research assisting them to acquire a residential property portfolio, that will give them more choices in retirement!
Make sure you contact your Property Mentor to assist you to catch the wave as well!
Have a great weekend and catch you next week!
Warm Regards,
Troy Gunasekera National Manager Property Club
Related Posts
Why the ‘Almost Premium’ Suburbs Are Stealing the Spotlight
For investors looking to maximise capital growth without the premium price tag, second-tier suburbs – those located just outside the most prestigious postcodes can offer an appealing alternative. These areas often benefit from the same lifestyle appeal and proximity to key amenities as their high-profile neighbours,...
The Real Cost of Prestige – Is the Price Tag Worth It?
For property investors, the allure of premium suburbs has always been clear, but the reasons these areas continue to outperform the broader market go far beyond just status and prestige. Despite higher entry costs, these blue-chip locations offer unique advantages that make them a valuable part of a well-rounded...
Australia’s Economic Winners in 2025: What Property Investors Need to Know
WA leads the charge The latest CommSec State of the States report for April 2025 is in, and it's clear some states are pulling ahead in the economic race. For investors, this isn’t just interesting reading — it’s a blueprint for where smart money is going. Western Australia has taken out the top spot for the third...