Many aspiring real estate moguls could learn a thing or two from one well-known investor, who is set to make a tidy profit on a house on Sydney Harbour after holding it for just three years.

James KirbyAssociate Editor - Wealth James Kirby, Associate Editor-Wealth, is one of Australia’s most experienced financial journalists. James hosts The Australian’s twice-weekly Money Puzzle podcast.He is a regular commentator on radio and television, the author of several business biographies and has served on the Walkley Awards Advisory BoardHe was a co-founder and managing editor at Business Spectator and Eureka Report and has previously worked at the Australian Financial Review and the South China Morning Post. Since January 2025 James is a director of Ecstra, the financial literacy foundation.
Property investors are anxiously awaiting flagged changes to negative gearing rules, but keep in mind that negative gearing is only worthwhile if you get a major capital gain at the end of your investment.