BrickX is a platform that allows investors to purchase fractional ownership in real estate properties, represented as "Bricks," starting from under $50. By providing a secondary market for these investments, BrickX enhances liquidity and accessibility to the property market for a broader range of investors.
Funding
$7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Direct property investment requires significant capital, making it inaccessible for many investors. Traditional real estate investments also lack liquidity, making it difficult to quickly convert property holdings into cash.
Solution
BrickX offers a platform for investors to purchase fractional ownership, represented as "Bricks," in residential properties. This allows individuals to invest in the property market with smaller amounts of capital, starting from under $50. The platform provides a secondary market where investors can buy and sell Bricks, enhancing liquidity compared to traditional real estate investments. BrickX's property team selects properties based on growth potential, providing investors with access to professionally vetted real estate opportunities.
Target Audience
The primary target audience includes retail investors, SMSFs (Self-Managed Superannuation Funds), and trusts seeking affordable and liquid access to the residential property market.
Features
- Fractional ownership of residential properties through "Bricks"
- Low minimum investment starting from under $50
- Secondary market for buying and selling Bricks, enhancing liquidity
- Property selection by a specialist team based on growth potential
- Detailed property information including historical suburb growth, independent valuations, and forecasted cash flows
- Net rental income distributed per Brick
- Option to use "Smart Invest" to automate property selection