Fintech firm bricks has created a way for people to invest in property with a fractional ownership model within the Australian market . The Melbourne - based firm offers investors the chance to buy " bricks " in a property , with three assets under management in its home portfolio and two in retail . brick CEO Anthony Millet said bricks change properties in a matter of hours and revealed blue - chip , popular suburbs perform better in the long term . For example , a single brick in a two - bedroom suburban Sydney house costs AUD95 ( $ 72 ) , with investors receiving a share of rental income in addition to their holding .
Fintech firm BrickX has created a way for people to invest in property with a fractional ownership model within the Australian market. The Sydney-based firm offers investors the chance to buy "bricks" in a property, with nine assets under management in its home city and two in Melbourne. BrickX CEO Anthony Millet said bricks change hands in a matter of hours and revealed blue-chip, popular suburbs perform better in the long term. For example, a single brick in a two-bedroom suburban Sydney house costs AUD95 ($72), with investors receiving a share of rental income in proportion to their holding.