How Does MyBrix Work?

MyBrix is an Australian platform where a property owner raises money by selling fractional economic interests in their property — called Brix — to investors, instead of taking out a loan. Each listed property is divided into 10,000 Brix (as at July 2026), the owner remains the registered legal owner, and investors receive a proportional claim on the property’s future net sale proceeds and, where applicable, its net rental proceeds.

That is the model in one sentence. The rest of this guide walks through the process from listing to exit: how a property gets funded, what investors actually buy, how monthly distributions work, what the fees are, and the ways an investment can end. Every product term below is as at July 2026 and comes from the MyBrix Product Disclosure Statement (PDS) — the document that sets out the product’s features, fees and risks.

In one line (as at July 2026): a property becomes 10,000 Brix; investors buy some, the owner keeps at least 20% in general; the owner stays on title; net rental proceeds (where the property is rented) are distributed monthly; investors exit through owner buybacks, the end-of-term process, or any future trading facility.

How does MyBrix work, step by step?

As at July 2026, the process runs like this from start to finish:

An owner applies to list a property. MyBrix assesses eligible Australian residential properties against its criteria. The process moves from application through consultation, a financial assessment where required, and a valuation by an independent licensed valuer — typically around 2–4 weeks.
The property is fractionalised into 10,000 Brix. Together the 10,000 Brix represent 100% of the property’s economic benefits: its future net sale proceeds and, where applicable, its net rental proceeds.
Investors buy Brix in an Initial Brix Offering (IBO). The owner must retain a minimum holding once funding completes — in general 20%, or 2,000 Brix; lower holdings may be approved case by case. If the funding threshold is not reached, the listing may not proceed.
The owner receives funding; a mortgage is intended to be registered. The owner is paid for the Brix sold. This is a sale of economic interests, not a loan — there is no debt or interest rate. A first-ranking mortgage over the property is intended to be registered at settlement, held on trust for all Brix holders.
Investors hold Brix; distributions run monthly where the property is rented. Net rental proceeds are distributed monthly to Brix holders in proportion to holdings at the time of distribution.
The investment ends through one of the exit routes. The owner can buy back Brix at any time at a predetermined price agreed before listing. At the end of the maximum 10-year term, the owner must buy back remaining Brix at the pre-agreed price or sell the property at market value, with proceeds distributed proportionally. Brix may also become tradeable if a trading facility is introduced — which is not guaranteed.

Each of those steps has terms worth understanding before any money moves. The sections below take them in order.

What is a Brix, and what do investors actually own?

A Brix is a fractional economic interest in a specific property. Each Brix represents a proportional share of the property’s economic benefits — as at July 2026, each property is divided into 10,000 Brix representing 100% of its future net sale proceeds and, where applicable, its net rental proceeds.

Two things a Brix is not. It is not ownership of the property: the owner remains the registered legal owner throughout, and investors never appear on the title. And it is not a loan: buying Brix creates no debt owed to you and no interest rate — it is a financial product under Chapter 7 of the Corporations Act 2001 (Cth).

Because investors are not on the title, their position rests on security instead. A first-ranking mortgage — one paid first from sale proceeds, ahead of other claims — is intended to be registered over the property at settlement and held on trust for all Brix holders collectively. For a closer look at how title, trust and security fit together in this model, see our guide to who legally owns the property in a fractional investment; the broader category is covered in what fractional property investment is.

How does a property owner get funded through MyBrix?

Through FundMyProperty, the owner side of the platform. The owner sells Brix to investors and receives funding in exchange — a sale of economic interests, not borrowing. Once Brix are sold, the owner permanently relinquishes the economic benefits attached to those Brix.

The listing process, as at July 2026: application, consultation, a financial assessment where required, then a valuation by an independent licensed valuer — typically around 2–4 weeks — followed by the Initial Brix Offering. The owner must retain a minimum holding once funding completes: in general 20% (2,000 Brix), with lower holdings (for example 10%) possible by case-by-case approval. The maximum term is 10 years, and shorter terms may be agreed.

Owner-side costs apply at set points (as at July 2026, including GST; some fees may be payable even if funding does not proceed):

Owner cost (as at July 2026)	Amount
Property assessment	$99 once
Manual assessment (licensed valuer)	$999 once
Funding application	$1,999 with manual assessment; $1,499 without
Funding fee	5.0% upfront, or 0.1% per month deferred

The funding fee is one or the other — an upfront 5.0% of the funded amount, or a deferred 0.1% per month — agreed per listing. Living arrangements do not change: the owner may continue to live in the home, selling Brix does not affect occupancy rights, and the owner keeps responsibility for rates, insurance and maintenance. The owner may also sell the property at any time during the term. The full fee schedule, including the additional fees that apply in specific situations, is in the MyBrix PDS; our guide to fractional platform fees explains how to read fee schedules like this one.

How do investors buy Brix?

Through one of two channels, depending on investor category (as at July 2026):

NestEgg — the retail channel. NestEgg is MyBrix’s contribution product for everyday investors. The minimum is $100 per month. If a monthly contribution is below the prevailing Brix price, contributions accumulate until a whole Brix can be acquired — so a month’s contribution builds toward a Brix rather than always buying one outright.
Property Laddr — the wholesale channel. The MyBrix PDS describes investor accounts as open to retail investors via NestEgg and wholesale investors via Property Laddr — a separate investor category under the Corporations Act — with minimums set per the brand through which an account is established.

On the way in, as at July 2026, there is no fee to create an investor account, no fees for purchasing or holding Brix, and no stamp duty on Brix purchases. The costs that matter sit at the exit instead — covered below. For how the entry minimum compares across the category, see our guide to the minimum needed to start fractional property investing.

How do monthly rental distributions work?

Where a listed property is rented and rental distributions apply, Net Rental Proceeds are distributed monthly to Brix holders in proportion to holdings at the time of distribution. Net Rental Proceeds are the gross rent minus the Rental Management Fee — 10% of gross rental proceeds, as at July 2026 — which is deducted before each monthly distribution.

Timing matters. Entitlement attaches to whoever holds the Brix at the time of the relevant distribution: if you sell Brix before a distribution, that distribution is generally paid to the holder at the distribution time, not to you as the former holder.

Some listings also involve an Occupation Fee — a monthly amount of 0.2%–0.5% of the funded amount (as at July 2026), payable where agreed under the listing terms. Where it applies, the Occupation Fee is distributed monthly to all Brix holders except the property owner, again in proportion to holdings at the time of distribution. The owner and MyBrix, where they hold Brix, participate in rental distributions like any other holder.

Distributions are one of the two ways value can flow to Brix holders; the other is the property’s eventual sale. Our guide to how investors make money from fractional property covers both mechanisms — as mechanics, not projections. Whether any particular property produces distributions, and of what size, depends on the property and its rental position; nothing here is a statement of expected returns.

How do you exit a MyBrix investment?

Through one of three routes, as at July 2026 — and none of them is on-demand. Liquidity is not guaranteed, there is no statutory cooling-off period for Brix purchases, and exit waiting periods typically run 30–90 days.

Owner buybacks. The owner may buy back Brix at any time at a predetermined price agreed before the listing. When the owner buys back, exiting holders are paid at that pre-agreed price.
The end-of-term process. The owner is not expected to buy back all Brix within the term. At the end of the maximum 10-year term, the owner must either buy back the remaining Brix at the pre-agreed price or sell the property at market value, with proceeds distributed proportionally to all Brix holders. A Selling Management Fee of 5% of the gross sale price (as at July 2026) is borne proportionally by all Brix holders when a property is sold.
Any future trading facility. Brix may become tradeable between investors if MyBrix introduces a trading facility. That facility is not guaranteed to exist. If it is introduced, a Brix Trading Fee of 2.0% per trade applies (as at July 2026).

Exiting early — ahead of a buyback or the end of term — carries an Investor Early Exit Fee of 10% of current Brix value, which also applies to NestEgg early exits on aggregate holdings (as at July 2026). Withdrawing funds from the platform costs $50 or 0.5% of the withdrawal, whichever is larger.

One more mechanic to know before you need it: exit amounts may be returned in AUDD or, at MyBrix’s discretion, as a MyBrix voucher for use within the MyBrix ecosystem, rather than as an immediate cash withdrawal. AUDD (Australian Digital Dollar) is a digital token intended to equal one Australian dollar (1 AUDD = A$1.00), issued and operated by third parties — not by MyBrix; AUDD’s own materials state it is not a bank deposit.

The practical takeaway is structural, not promotional: money put into Brix needs to be able to stay invested until an exit route opens. Our guide to selling a fractional property investment early works through the liquidity mechanics in more detail.

Who regulates MyBrix, and where can you check?

Platforms offering financial products to Australian retail investors must hold an Australian Financial Services Licence (AFSL) or act as an authorised representative of a licensee under the Corporations Act 2001. MyBrix’s position, as at July 2026: “MyBrix Pty Ltd ABN 37 669 479 636 (MyBrix) is authorised representative 1304961 of Australian Financial Licensing Group, AFS License No. 269868 (the Licensee).” Brix are issued by MyBrix Properties Pty Ltd ACN 669 491 338.

You can verify any licensee or authorised representative yourself — ASIC runs free public registers, and Moneysmart’s check-before-you-invest guide walks through the checks. A licence is not an endorsement of any product.

Two documents sit under that framework, and both are worth reading before buying Brix. The PDS sets out the product’s features, fees, risks and complaints process. The Target Market Determination (TMD) — required for products offered to retail investors under the design and distribution obligations in force since 5 October 2021 — describes the class of consumers the product is designed for.

Both are available at mybrix.com.au. MyBrix members also have access to AFCA, a free and independent dispute resolution scheme for complaints about financial products and services.

For the wider regulatory picture — how licensing, disclosure and ASIC oversight apply across this category — see our guide to whether fractional property investing is regulated in Australia.

What are the risks of the MyBrix model?

The same four categories that apply across fractional property investing, stated here in the same register as the mechanics above. Market risk: a Brix’s value tracks the underlying property, and property values move in both directions. Liquidity risk: exits depend on buybacks, the end-of-term process or any future trading facility, waiting periods typically run 30–90 days, and liquidity is not guaranteed (as at July 2026).

Platform risk: your investment sits inside one operator’s structure and processes. Concentration risk: each Brix holding is exposed to a single property rather than a portfolio.

Our guide to the risks of fractional property investing treats all four in full, and what happens if a fractional platform shuts down covers the structural questions behind platform risk. Whether any of these risks is acceptable for your money is a question for your circumstances and, where needed, licensed advice.

Quick answers about how MyBrix works

Is buying Brix lending money to the owner? No. A Brix is a fractional economic interest, not a loan — there is no debt owed to the investor and no interest rate. The owner receives funding by selling economic interests in the property.

Does the owner still live in the home? The owner may. The owner remains the registered legal owner, selling Brix does not affect occupancy rights, and the owner keeps responsibility for rates, insurance and maintenance.

Do investors pay stamp duty on Brix? No — as at July 2026, there is no stamp duty on Brix purchases, no account creation fee, and no fees for purchasing or holding Brix.

Is there a cooling-off period? No — there is no statutory cooling-off period for Brix purchases (as at July 2026). Exits run through the routes above, with waiting periods typically of 30–90 days.

Do investors ever go on the property’s title? No. Investors hold an economic interest; the security supporting it is a first-ranking mortgage intended to be registered at settlement and held on trust for all Brix holders.