Some of the NRL’s best players and coaches involved in this weekend’s finals series, are also proving to be very astute away from the field, in making some very savvy and very lucrative real estate investments.
Parramatta Eels superstar Mitchell Moses owns more than $4 million worth of real estate and has spoken about his desire to get involved in property development when his footy career ends.
The 27-year-old, who will face off with the Eels against Penrith in Friday night’s NRL 1st qualifying final at BlueBet Stadium, benefits from the guidance from his NRL legend uncle Ben Elias.
Moses’ property portfolio includes a Gladesville investment home worth around $1.9m, a $1.5m Epping property and a $600,000 Toongabbie investment unit.
“I like to look at the property market as much as possible to see what is going on, where I can buy and sell,” Moses told The Daily Telegraph.
“I have started something with my brother Stephen [who is a real estate agent]. Hopefully we can do some development when the time comes. Football is not going to be there forever.”
Eels forward Ryan Matterson recently enjoyed a $200,000 windfall when he sold his Botany investment unit for $1.12m.
Moses’ opposite on Friday night, Panthers skipper Nathan Cleary owns a tastefully renovated four-bedroom home not far from the Panthers’ home ground.
Cleary cleverly coughed up $1.05 million for an updated 1970s home just 5km from BlueBet Stadium in 2018.
His Panthers and NSW teammate Brian To’o recently bought his first home, with a difference.
The blockbusting winger bought the home for his parents, Fati and Fale.
To’o bought in Ropes Crossing, on the fringes of Penrith, for $859,100, last month.
He secured a 2015-built home sold off market through the local Ray White agent Vedant Agrawal.
It has three bedrooms and two bathrooms, on a 275 sqm block which traded for $419,500 in 2013, before its construction.
According to the bookies, Melbourne Storm don’t have much to worry about in the second qualifying final against the Canberra Raiders.
Their star backrower Felise Kaufusi doesn’t have anything to worry about when it comes to the family home, after he smashed a suburb house price record on the northside of Brisbane as he prepares to move his family north to join NRL newcomers the Dolphins in 2023.
Kaufusi, 30, who has played 160 games for the Storm, bought one of the most beautiful homes in the Banyo area for $1.6m – a four bedroom classic Queenslander built just over 100 years ago.
The fully renovated home has stunning pitched timber ceilings, VJ walls, restored original windows, plantation shutters, spotted gum timber floors, pressed tin ceilings, and luxury Hamptons-style finishes.
Storm coach Craig Bellamy has shown his tactical nous extends into the real estate real. Four years ago he landed a hefty $750,000 profit when he offloaded his home at The Gap in Brisbane.
Veteran Raiders prop Josh Papalii enjoyed a very healthy 20 per cent profit when he offloaded his Ngunnawal home in the nation’s capital recently for $591,000 via sales agent Jonny Warren of Jonny Warren properties.
In May, Canberra hooker Tom Starling snapped up a savvy off market purchase in Watson. Property records reveal Starling paid $1.46m for the stylish, contemporary home.
But it’s injured No. 9 Josh Hodgson that has a rep as the smartest real estate man in the Raiders squad, with several investments around Canberra likely worth in the millions.
Hodgson recently sold a 5-bed, two-level home on almost 1200 sqm at 1 Bingley Crescent, Fraser, for $978,000, after paying $710,000 publicly available property records reveal.
There has been plenty of controversy about Cronulla hosting North Queensland at their home Points Bet Stadium, a prime piece of real estate in the Shire the NRL club owns. The ground and the adjoining land has proven to be a very savvy investment and subsequent development that has kept the club financially viable.
According to the St George and Sutherland Shire Leader, the club had sold around $200m worth of off-the-plan units last year.
North Queensland have spent the year quietly climbing the NRL ladder, while away from the game, their squad has been busy on the property scene.
Jeremiah Nanai and partner Jordi Mahendrarajah have bought their first home together, suggesting they see their future in Townsville, amid contract talks over the 2022 breakout backrower’s future.
The couple, who are just 19 and 20 years old respectively, recently purchased a four-bedroom house, which was listed for offers over $549,000. On a 480sq m block, the property has the “ultimate kids cubby with a private letterbox, decking and a slippery dip”.
Kiwi lock Jason Taumalolo has been busy collecting properties Monopoly style in Queensland. He owns four properties worth around $1.6m in Belgian Gardens, The Gap, Mount Louisa and Condon.
Prop Jordan McLean owns an Alice River home bought in 2017 for $760,00, while Maroons forward Reuben Cotter owns a $237,000 unit in South Townsville, publicly available property records show and a $442,000 home in Railway Estate.
Coach of the year contender Todd Payten has also been in on the action, buying a $1.12m home off market in March last year in Mundingburra via Janice Gallagher Real Estate, property records reveal.
ROOSTERS V RABBITOHS IN REAL ESTATE STOUSH
The Roosters v Rabbitohs clash on Sunday at Allianz Stadium is arguably the biggest game of week one of the NRL finals and when it comes to real estate, the stars of the two foundation clubs are cleaning up in the highly lucrative market in Sydney’s east.
Roosters skipper James Tedesco broke records when he purchased a stunning $5m home in Hunter’s Hill in August.
That price ranks as the highest known NRL captain’s outlay on a home during their playing career.
The 2013 built home, which has been newly renovated, comes with a lofty atrium that lets in natural light across both levels. There are five bedrooms, plus an upstairs living area, and basement parking for three cars.
It comes with the open plan downstairs lounge, kitchen, and family room, opening to an alfresco space with outdoor kitchen. There’s a rear level lawn on the 655 sqm block with an impressive glass edge pool. The couple snapped the home up just two weeks into its auction campaign through DiJones agents David Howe and Max Yue, who’d given a $4.6 million guide.
Roosters lock Victor Radley’s vast experience as a tradie has served him well in his real estate pursuits. The 24-year-old carpenter bought a renovation project in Waverley for about $3m in May last year.
Radley, sold his Bondi Beach apartment for $1.97m two months prior.
His two-bedroom home had a cheap makeover with a steep, concrete backyard. Prior to vendors Rodney Tamsett and Jaime Whyte buying the property for $2,005,000 in 2017, it hadn’t been touched for 60 years. But by the look of the quality of the work, Radley’s going to have to start again.
Roosters coach Trent Robinson bought in Bronte in 2020 for $4m. However that home is sure to be worth plenty more now, given the media house price in the beachside suburb has jumped an astonishing 43 per cent over the last 12 months via 53 sales.
The three-time premiership winning coach’s renovation would have also added considerable value to the home.
Those plans turned what was a two-bedroom home, single storey house on 430 sqm into a multi level abode with five bedrooms, plus a pool and a studio above the rear garage.
Few people know investments better than Roosters chairman Nick Politis, who has been involved with Easts since 1975.
Politis has just joined a growing band of investors buying commercial property in Townsville. The firm of Sydney Roosters chairman Nick Politis, NGP Investments, has acquired the Warrina shopping centre in Currajong for $8.7m.
Not to be overshadowed by their bitter next door rivals, Souths players are also adeptly playing the real estate game.
Star fullback Latrell Mitchell last month snapped up a near new luxury entertainer which was recently sold in Ramsgate Beach in southern Sydney. It fetched $4,275,000 through McGrath Estate Agents, topping the low-key suburb’s recent prices.
The contemporary home was built in 2018 at a cost of over $700,000. There are five bedrooms, with the master complete with bespoke joinery and an ensuite. There’s a cinema room off the main open plan stone kitchen, living and dining space. It features a number of skylights.
Meanwhile Rabbitohs centre Campbell Graham is the first-time owner of a cracking home right in the heart of the South Sydney district.
As just 23, Graham last month bough this first home in Kingsford for $3.6m.
The renovated 1920s home, marketed by Justin Bell at Ray White Park Coast East, has four bedrooms and a pool on its 455 sqm block. There’s also a second floor.
Rabbitohs skipper Cameron Murray in February enjoyed a $210,000 win on his 2-bed Avoca, St Randwick unit, property records reveal.
While Souths and NSW hooker Damien Cook is also sitting pretty after buying a Woolooware 3-bed original, that needed updating, for $1.5m in 2019. The media price of a Woolooware house in now $2.52m, according to realestate.com.au, up 23 per cent over the last 12 months.
Article source: Queensland Property Investor