Introducing the Raiz Property Fund’s first Tasmanian property
Raiz is thrilled to announce the addition of our first Tasmanian property to the Raiz Property Fund (RPF)! This modern home in Geilston Bay marks the 13th property in our expanding portfolio, furthering our commitment to providing Raiz investors with access to quality residential properties across Australia. The Raiz Property Fund offers a unique opportunity to invest in Australian real estate—a market known for its stability and growth potential—alongside a balanced mix of other assets.
The Raiz Property Fund is a managed investment option within the Raiz platform that makes property investment accessible. For investors, this fund provides an easy way to include Australian residential real estate in their portfolio as part of a diversified investment approach.
Meet our first Tasmanian property: 16 Dumbarton Drive, Geilston Bay, TAS
Our newest addition, located at 16 Dumbarton Drive, Geilston Bay, was acquired in October 2024 for $685,000 and marks Raiz’s entry into the Tasmanian property market. Just 12 minutes from Hobart’s CBD, this modern, low-maintenance home is designed for both convenience and a relaxed lifestyle, appealing to families, retirees, and those seeking long-term investment growth.
Key features of 16 Dumbarton Drive:
- Bedrooms: Three bedrooms with built-in robes, providing comfortable and practical living.
- Living Space: Open-plan living and a well-equipped kitchen offer an inviting space for daily life and entertaining.
- Outdoor Appeal: With a fully fenced garden and an outdoor deck, it’s ideal for families, pet owners, and gatherings with friends.
- Prime Location: Close to Hobart’s CBD, scenic waterfront trails, local shops, and cafes, this property combines urban convenience with a serene suburban setting.
- Ample Parking: Dedicated space for a boat or trailer makes it perfect for those who love the outdoors and need a versatile living space.
This property is a valuable addition to the Raiz Property Fund, offering long-term potential in Tasmania’s thriving market.
How to add property to your Raiz investment
Adding property to your Raiz portfolio is straightforward, whether through a Raiz Invest or Raiz Invest Super account:
- For Raiz Invest accounts:
- Choose the “Property” portfolio for a 30% property allocation.
- Alternatively, select a Raiz Plus portfolio to include up to 30% in property.
- For Raiz Invest Super accounts:
- Select either the “Property 10” or “Property 30” portfolios, which offer a 10% or 30% property weighting, respectively.
Raiz makes it simple to access the potential of property investment as part of a well-rounded, diversified portfolio. Investing with Raiz involves fees and risks, please read the PDS and TMD to understand these risks & to determine if investing in the Raiz Property Fund is suitable for you.
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Important Information
Raiz Invest Australia Limited – Authorised Representative of AFSL 434776. The Raiz Invest Australia Fund and Raiz Property Fund are issued in Australia by Instreet Investment Limited (ACN 128 813 016 AFSL 434776) a subsidiary of Raiz Invest Limited and promoted by Raiz Invest Australia Limited (ACN 604 402 815).
Raiz Invest Super is a Division of AMG Super and is issued by Equity Trustees Superannuation Limited (AFSL 229757, RSE Licence No L0001458) as Trustee of AMG Super.
The information is general information only and does not take into account of your personal financial situation, goals or needs. You should obtain financial advice tailored to your circumstances by a licensed financial adviser.
A Product Disclosure Statement (PDS) and Target Market Determination (TMD) for Raiz Invest Australia Fund, Raiz Invest Super and Raiz Property Fund (together, the Products) are available on the Raiz Invest website and App. Please read and consider the PDS and TMD to understand the risks and determine if the Products are suitable for you. The risks and fees are fully set out in the PDS and include the risks that would ordinarily apply to investing.
Any returns shown or implied are not forecasts and are not reliable guides or predictors of future performance.
Under no circumstance is the information to be used by, or presented to, a person for the purposes of deciding about investing in the Products.
This information may be based on assumptions or market conditions which change without notice and have not been independently verified.
Any opinions or information expressed are subject to change without notice.
Home loans are subject to approval from the lending institution and Raiz Home Ownership makes no warranties as to the success of an application until all relevant information has been provided.
Raiz Home Ownership Pty Ltd (ABN 14 645 876 937), an Australian Credit Representative number 528594 under Australian Credit Licence number 387025. Raiz Home Ownership Pty Ltd is 100% owned by Raiz Invest Australia Limited (ABN 26 604 402 815).
