{"id":40744,"date":"2023-10-20T15:09:45","date_gmt":"2023-10-20T15:09:45","guid":{"rendered":"http:\/\/startupsmart.test\/2023\/10\/20\/australias-first-property-crowdfunding-platform-hits-the-market-startupsmart\/"},"modified":"2023-10-20T15:09:45","modified_gmt":"2023-10-20T15:09:45","slug":"australias-first-property-crowdfunding-platform-hits-the-market-startupsmart","status":"publish","type":"post","link":"https:\/\/www.startupsmart.com.au\/uncategorized\/australias-first-property-crowdfunding-platform-hits-the-market-startupsmart\/","title":{"rendered":"Australia\u2019s first property crowdfunding platform hits the market &#8211; StartupSmart"},"content":{"rendered":"<div class=\"td-post-featured-image\"><img loading=\"lazy\" decoding=\"async\" width=\"443\" height=\"352\" itemprop=\"image\" class=\"entry-thumb\" src=\"\/wp-content\/uploads\/2015\/03\/l_crowdfundup-600.jpg\" alt=\"\" title=\"l_crowdfundup-600\"\/><\/div>\n<p>A Perth-based startup is looking to connect everyday investors with property developers who are seeking capital for their next project.<\/p>\n<p>\u00a0<\/p>\n<p><a href=\"https:\/\/crowdfundup.com\/\" target=\"_blank\" rel=\"noopener\">CrowdfundUP<\/a>, Australia\u2019s first real estate crowdfunding platform, hopes to tap into the global property market.<\/p>\n<p>\u00a0<\/p>\n<p>Perth-based real estate developer Megara&nbsp;will be the first real estate developer in Australia to participate in the platform\u2019s developer partner program.<\/p>\n<p>\u00a0<\/p>\n<p>CrowdfundUP founder John Quigley told <i>StartupSmart <\/i>the platform will allow all kinds of Australians to invest in property.<\/p>\n<p>\u00a0<\/p>\n<p>\u201cNine out of 10 Australian invest in property or have an exposure to the Australian property market,\u201d he says.<\/p>\n<p>\u00a0<\/p>\n<p>\u201cThey know their suburbs, they know what\u2019s going on around them. What we do is introduce investors to opportunities and then when they pull together they have increased buying power and that\u2019s the benefit.\u201d<\/p>\n<p>\u00a0<\/p>\n<p>Quigley says he hopes the startup will provide a streamlined and transparent process \u2013 with individuals able to invest from as little as $100.<\/p>\n<p>\u00a0<\/p>\n<p>\u201cWe\u2019re not saying we\u2019re immune from a property bubble or anything else \u2013 it\u2019s the same as investing in the property market,\u201d he says.<\/p>\n<p>\u00a0<\/p>\n<p>\u201cBut what it is allowing you to do is that on a smaller scale so you don\u2019t have to have that big exposure.\u201d<\/p>\n<p>\u00a0<\/p>\n<p>Quigley says real estate crowdfunding has \u201cexploded\u201d in countries such as the US and UK.<\/p>\n<p>\u00a0<\/p>\n<p>\u201cAustralia is perfectly placed to make a completely tailored regime that suits our purposes,\u201d he says.<\/p>\n<p>\u00a0<\/p>\n<p>\u201cI want change and I want it done in a timely matter, but I don\u2019t want something rushed through that\u2019s going to hamstring industry and that we\u2019re going to have to deal with for another four years.\u201d<\/p>\n<p>\u00a0<\/p>\n<p>The crowdfunding space is <a href=\"financing-a-business\/venture-crowd-and-sydney-angels-team-up-to-put-equity-crowdfunding-on-the-agenda\/2015031714358.html\">heating up in Australia<\/a>. Yesterday, equity crowdfunding platform VentureCrowd announced a partnership with Sydney Angels.<\/p>\n<p>\u00a0<\/p>\n<p>Sydney Angels founder David Jackson told <i>StartupSmart <\/i>people who are not high-net worth individuals should have the opportunity to invest in startups.<\/p>\n<p>\u00a0<\/p>\n<p>\u201cEveryone\u2019s heard of the Facebooks and Googles but without equity crowdfunding it\u2019s often hard for the mum and dad investors to get a piece,\u201d he says.<\/p>\n<p>\u00a0<\/p>\n<p>\u201cIt\u2019s high-risk investing, don\u2019t get me wrong, but for them to put a small percentage of their investment portfolio into high-risk ventures that might give them a high return\u2026 will be a good opportunity.\u201d<\/p>\n<p>\u00a0<\/p>\n<p><i>Follow StartupSmart on <\/i><a href=\"https:\/\/www.facebook.com\/StartUpSmart\" target=\"_blank\" rel=\"noopener\"><i>Facebook<\/i><\/a><i>, <\/i><a href=\"https:\/\/twitter.com\/startupsmartnow\" target=\"_blank\" rel=\"noopener\"><i>Twitter<\/i><\/a><i>, and <\/i><a href=\"https:\/\/www.linkedin.com\/company\/startupsmart\" target=\"_blank\" rel=\"noopener\"><i>LinkedIn<\/i><\/a><i>.<\/i><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Perth-based startup is looking to connect everyday investors with property developers who are seeking capital for their next project.<\/p>\n","protected":false},"author":2,"featured_media":61100,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,8,1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/40744"}],"collection":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/comments?post=40744"}],"version-history":[{"count":0,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/posts\/40744\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media\/61100"}],"wp:attachment":[{"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/media?parent=40744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/categories?post=40744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.startupsmart.com.au\/wp-json\/wp\/v2\/tags?post=40744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}