Starting Investing at 41: How David Built a 4-Property Portfolio in 5 Years

In this episode of Investment by Design, I sit down with David Galloway-Penny, who proves it’s never too late to start investing in property. After buying his first investment property at 41, David has built a portfolio of four properties in just five years, all while navigating Australia’s changing real estate market.

We dive deep into:
✅ The real costs of property development and how they’re restricting new unit supply.
✅ Why units and apartments could be a smart investment in today’s market.
✅ The pros and cons of buying property through a self-managed super fund (SMSF).
✅ What David would tell his 18-year-old self about wealth building and financial freedom.

If you’re looking to invest in North Queensland property, or want to understand how to build a successful real estate portfolio later in life, this episode is packed with real-world insights and practical advice for Australian investors.