Blue Wealth Property Reviews 

188
TrustScore 4.5 out of 5

4.7

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Rated 5 out of 5 stars

I've seen dozens of people make poor property investment decisions and either miss out on gains, or lose money. Usually because they don't have the skills to select the right property. In most impo... See more

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Rated 5 out of 5 stars

We recently bought our first investment property via Blue Wealth. Initial valuation and rental yield lines up with what we expected from Blue Wealth. We wouldn't have been able to do any better in se... See more

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Rated 5 out of 5 stars

Trusting in Blue Wealth’s research was a great financial decision. After meeting with them, I invested in a house & land project in Mickleham in Melbourne. Fast forward a couple of years later and I j... See more

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Rated 5 out of 5 stars

I’ve been working with the team at Blue Wealth Property for a while now, and I’ve already referred a number of clients their way — because, honestly, there’s no one I trust more when it comes to... See more

Company details

  1. Money & Insurance

About Blue Wealth Property

Information provided by various external sources

Property investing is a very powerful way to create wealth and our research is the foundation upon which we have supported thousands of Australians worldwide.

We have a proven track record in using research to identify growth markets and we continue to develop resources to support our clients over the term of their investing life. Education is the key to effective decision making and we are proud of the fact that our clients are at the cutting edge of the industry.


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4.7

Excellent

TrustScore 4.5 out of 5

188 reviews

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4.7

All reviews

(188)

7 reviews in the last 12 months

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Rated 5 out of 5 stars

Highly recommend

As a mortgage broker for the past 19+ years, I've seen what works and what doesn't with regard wealth creation.  The vast majority of clients I've met with who have substantial net wealth, have achieved this through property.  I hold a number of investment properties and have purchased three through Blue Wealth.  I love the education and research they provide and I have no doubt the properties I've purchased will perform very well over the long term (having said that, the 1st increased significantly within 12 months).
I have known Blue Wealth for over eight years now and have watched them get better and better over that time. I tell as many of my clients about Blue Wealth so that they can hear the education and research to make up their own minds.  I highly recommend them.

11 June 2020
Unprompted review
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Reply from Blue Wealth Property

Hi Gary, thanks for the great review. We love working with you and are so happy to be part of your own investment journey too.

Rated 5 out of 5 stars

Highly Recommend

I absolutely love and trust this company! I’ve learnt so much at all their educational events. I love the care that the team takes to ensure I am looked after throughout every step of the process. I love property and can't wait to expand my portfolio.

9 June 2020
Unprompted review
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Reply from Blue Wealth Property

Hi Steph, thanks for your great review. We are so happy to hear you love our events and can't wait to help you more in the future.

Rated 5 out of 5 stars

I’ve grown up around property…

I’ve grown up around property investment, so it’s always been something that I wanted to do. Blue Wealth make finding the right investment stress free.

5 June 2020
Unprompted review
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Reply from Blue Wealth Property

Thanks Alanna, we love helping you on your property journey!

Rated 5 out of 5 stars

Trusting in Blue Wealth’s research was…

Trusting in Blue Wealth’s research was a great financial decision. After meeting with them, I invested in a house & land project in Mickleham in Melbourne. Fast forward a couple of years later and I just had it revalued by my bank at an estimated 70k more than what I paid for it. That growth means I can increase my loan and buy a house to live in, while I sit back and continue to watch it grow.

26 May 2020
Unprompted review
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Reply from Blue Wealth Property

Hi Paul, thanks so much for the review. We are so happy to be part of your journey. All of our clients that have invested in this area have had some really great results and sooner than we expected. See you soon.

Rated 5 out of 5 stars

Very happy with Bluewealth's industry knowledge, services and support!

I've been part of the Blue Wealth world now for about 8 years. I actually worked as the designer on a project in Sydney that they recommended many years ago. I should've invested in that one 😊 They told me to at the time but I was too scared. It’s made a lot of money since and it's been in the back of my mind ever since. I finally gathered the courage to buy my first investment recently and can honestly say the experience was incredible. The team support and the genuine care made me feel like it meant a lot to them that I had a good experience (especially as a first time investor). I settled last year, I have a tenant who is paying great rent and now all I can think about is how I'm going to buy another one. My property is in the best building in the area and properties like mine are already selling for more than I paid!!

26 May 2020
Unprompted review
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Reply from Blue Wealth Property

You know us well enough to know how much we appreciate you taking the time to write this review. We're so excited that we've come full circle with you. See you soon :)

Rated 5 out of 5 stars

Guns!

I met BWP a few years ago through my accountant. We talked about reducing my tax and working on some sort of investment plan. I‘d been sniffing around investment at the time trying to work out what the best move was so it made sense to me. These guys know their stuff. I attended a few of their events and decided to jump on my first property which was in the north of Melbourne. That property is worth at least $100k more than I paid. I then got my next one in the inner west of Melbourne the next year. The bank valued that one more than I paid for it. Someone just sold theirs in my building for $70k more than they paid only a few months after it finished. Late last year I bought my third on the Sunny Coast! I’m pretty pumped about the whole thing to be honest. I’m earning heaps and had heaps of cash but had zero idea where to start. Well done Blue Wealth. You’re awesome! Let’s do it again 👊

21 May 2020
Unprompted review
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Reply from Blue Wealth Property

Hey Cashed Up... Love the name :)
Looking forward to doing it again, thanks heaps for the review.

Rated 5 out of 5 stars

I couldn’t be happier

I couldn’t be happier. I purchased an off-the-plan apartment in McKinnon in Melbourne only three years ago and one year after it settled, sold it for a $68,000 profit. We are over the moon. The property did what Blue Wealth’s research said it would and we are now putting the money toward buying our family home. We couldn’t have done it without Blue Wealth.

21 May 2020
Unprompted review
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Reply from Blue Wealth Property

Hey, Paula, we're very happy for you and everybody that bought in McKinnon... It's a cracker! Thanks so much for taking the time to review us.

Rated 5 out of 5 stars

Highly recommend

I was a property investor before I was introduced to Blue Wealth Property. But it was after meeting with Blue Wealth and reviewing their research that I decided to build my property portfolio and I now own 4 investment properties, including one in my SMSF. The properties have grown steadily in value, and because they're in great areas, the rent pretty much covers the costs. Blue Wealth have helped to set me up for retirement. Would highly recommend.

21 May 2020
Unprompted review
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Reply from Blue Wealth Property

Hi Madison, thanks so much for the review and the loyalty over the years. We look forward to watching your portfolio grow.

Rated 5 out of 5 stars

I’m grateful to Blue Wealth

I’ve been a client of Blue Wealth’s now for around five years. I’ve bought two properties from them. The first in Brisbane and the second in Melbourne. To say that I’m happy is understating it. I’d been thinking about investing for so many years but just couldn’t build the courage. The education and hand-holding Blue Wealth does is amazing and comforting. I know that investing comes with some risk but knowing that I’ve bought two great properties in good spots that are attractive to tenants gives me peace. Both my properties have been tenanted every day I’ve owned them!! They both cost me nothing to hold now that my interest rates are so low and my intention is to own these properties, and hopefully a couple more, for many years to come. Thank you Tony and the Blue Wealth team for the education, support and care. I wouldn’t and couldn’t have done it without you.

19 May 2020
Unprompted review
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Reply from Blue Wealth Property

Hey mate, well done on finally taking the plunge. You know education is important to us and nothing gives us more joy than when it gives people clarity and comfort. Thanks for the review and hopefully see you in the flesh post covid :)

Rated 5 out of 5 stars

I'm very satisfied with my experience!

I bought a property in Sydney from Blue Wealth 10 years ago that has made me a lot of money, so I’m not quite sure why I waited so long to buy my second. I’ve just settled in Melbourne and I’m very happy. The thing that stood out the most was how much more support I got this time around. There were a lot more people involved. Miray was amazing through the settlement process. She was always a step ahead! And Helen has been brilliant managing the tenancy process. I can’t recommend Blue Wealth enough. I’m very conservative by nature so property investment is something I’ve always been cautious about, but they helped me manage my anxieties the first time around and are even better at it now. If you’re looking to invest, don’t look past these guys.

18 May 2020
Unprompted review
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Reply from Blue Wealth Property

Hey Charlie, we all think that Helen and Miray are amazing too, and so do lots of our clients. Thanks so much for the review and don't wait another 10 years to buy your next one.

Rated 5 out of 5 stars

I wouldn't go anywhere else!

These guys are awesome! It’s been a couple of years now and I couldn’t be happier. I'm in real estate myself and wanted to invest in Sydney but it was just too expensive. The research the Blue Wealth team exposed me to, gave me the confidence to invest in Melbourne. Two years on and I've had a tenant the whole time. It's been a fantastic experience and it's been great watching the area grow like they told me it would. its been a great investment, barely costs me anything to hold, I just sit back and watch it grow in value. Thanks to the awesome Blue Wealth team. Your service and care factor are second to none. Can’t wait to get my next one!

18 May 2020
Unprompted review
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Reply from Blue Wealth Property

Hey Jason, thanks heaps for the review. We're happy that you're happy! That area has gone from strength to strength and we're excited for you and the many clients that invested there.

Rated 1 out of 5 stars

My Blue Wealth Experience

We purchased a one bedroom unit in the M&A development in Fortitude Valley Brisbane off the plan through Blue Wealth in 2010, settling In 2013.
The purchase price was $450k plus costs. The original bank valuation in 2013 was $415k and this was a warning I should have heeded. Blue Wealth waved it away at the time.
Blue Wealth promotes its quality of research and property investment advice but somehow in our case missed the huge wave of upcoming development of Brisbane CBD apartments when promoting M&A.
The massive oversupply that followed has meant that the unit’s has continually dropped to the point it was valued at just $300k immediately pre COVID.
I’ve contacted Blue Wealth since and asked for historic market due diligence reports surrounding M&A and it’s promotion, but the response is very disappointing - always polite, but never any substance.
Since first posting this negative experience on Trustpilot Blue Wealth sought to have it removed due to it referring to a purchase over 12 months ago - not disputing the facts but saying it is not current and hence irrelevant. However I see Blue Wealth is happy for 92 of 107 ‘5 star’ ratings to stay posted for more than a year, most being 2017. Readers can draw their own conclusions here.
From personal experience - though it’s your money that pays for property “research” like this, the incentive structures are far from clear. So, do your own research and due diligence. It’s your skin in the game not theirs.

15 May 2020
Unprompted review
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Reply from Blue Wealth Property

Hey ‘Morgan’,
I’ve searched our records of over 5,000 clients and we don’t have a Morgan (first or last name) who has bought in Fortitude Valley in any year. You certainly didn’t buy a property through us in the Valley in 2010 because we didn’t sell property there in 2010. I own four properties in the Valley that I’ve invested in there over the past 15 years. If you do own a property there, hold onto it. It’s a great location and Brisbane is due for the growth we’ve been expecting for the past couple of years.
Feel free to touch base with our Research team if you want to learn more about the Brisbane market.

Rated 1 out of 5 stars

A Disingenuous Company

Hi Tony,

I appreciate your public response and good to be in dialogue with you directly.

It is dishonest to claim my Trust Pilot review was removed as I harassed other people. There is no option here to comment on other peoples reviews or have any kind of contact. It was removed because Blue Wealth unfairly reported it to deceive the general public.

If it is true that you only have a few clients that are disappointed then why hide reviews and block people?
If you are a “research company” and you have shared inaccurate research and pushed flawed recommendations why wouldn’t you own these mistakes? Isn’t that the way ethical individuals and companies conduct themselves? For a start why would you want to make profit off the deals that leave your “clients” with negative equity and financial devastation?
Why do you get to walk away with a large profit when you have failed at your own “job” of “ensuring clients buy the right property, in the right market at the right time”?

**********
I am posting this review again as Blue Wealth had it removed. They are an extremely dishonest company. The way they handle social media is the way they run their business. It's all smoke and mirrors.

Trusting Blue Wealth property was the worst financial decision I have ever made and it has derailed my property portfolio.

Like many others who believed the BW “research” my property is worth 100,000K less now than when I paid for it.

They will block you for giving genuine feedback on facebook or twitter. Many of the positive review scores here are NOT from genuine clients who have purchased property with BW. They are from “partners”; (Mortgage brokers who also make money out of these deals) or people who are just reviewing a free event.

If you read the actual real reviews from people that purchased BW property you will get an idea of the real estate carnage Tony Hayek unleashed on the Australian public. It takes a special skill to loose money during Australian property booms and Tony did a remarkable job in highly recommending the worst performing cities, suburbs and developments in Australia. While many ethical companies and CEOs would admit and own these mistakes Blue Wealth evades all responsibility. They have zero integrity.

12 May 2020
Unprompted review
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Reply from Blue Wealth Property

Hi Peter… it's Tony Hayek here, good to hear from you again. I appreciate you reviewing us again for the umpteenth time on the umpteenth platform. I’m going to ignore the slanderous comments you’ve made here and elsewhere about my business and my integrity and reply as well as I can. I'm more than happy for you to call me directly and discuss your concerns.

We requested your review be removed on the basis that you were harassing positive reviewers on other platforms. You have every right to write your own review, but I don’t think you have the right to question others and harass them about their opinion. That might be a matter of integrity. Having spoken to you though, it comes as no surprise. Blocking someone from our social media platforms who is harassing other clients is completely reasonable I would have thought.

We have over 5,000 clients - most who are very happy, some who are elated and a few who are disappointed. People review for all different reasons. One thing we know, is that Aussies are hesitant to share information about how much money they make from an investment. We have 1,500 clients who bought a property through the most recent Sydney boom who have made a handsome profit. Some have reviewed us but most prefer not to. They’d prefer not to share their private financials with strangers or even loved ones. I can’t blame them even though I would love to read their reviews.

Notwithstanding that discussion, let's discuss Brisbane. I’ll repeat what we’ve shared with you several times before. We stand by the research conducted on the Brisbane market before and after you invested. In fact, I personally invested multiple times in Brisbane before you invested and since you invested. As a matter of integrity, we would never recommend our clients do something we weren’t willing to do. When you purchased, Brisbane’s population growth was strong (and continues to be), it’s economy was strong and growing, there were lots of jobs and there was an enormous amount of money being spent on infrastructure (as there continues to be). It’s a market we continue to strongly believe in, despite the fact that it has come back a little and hasn’t seen the kind of growth we would have liked. Unfortunately, that’s part of the risk we all take when we invest. It was no different in Sydney, we had clients buy from 2007. Those who got in early went backwards before they went forwards. It took years before they started to see any upward movement. Those who bought there in 2013 saw growth immediately. Your property is in a great suburb, 3.5kms to the Brisbane CBD. It’s well built and is in a great location. With rates the way they are and strong yields, your property should be costing you nothing (or close to nothing) to hold.

We’re a research company Peter. We’re not and never claim to be Nostradamus.

By the way, I still have my Brisbane properties today. As we’ve mentioned to you in the past, property investment is a long-term game. We're as frustrated as you are about the delayed growth in the Brisbane market but it will come.

Rated 1 out of 5 stars

We purchased a unit in Townsville from…

We purchased a unit in Townsville from Blue wealth and in the last 6 years the value has dropped $90,000 so it has been the worst investment ever. I can not recommend blue wealth to any one with a clear conscience.
Last Finacial year it costed us close to $5000 to hold this dwindling investment and has reduced our buying power to refinance due to the lack of equity.
After reading the review from blue wealth I am happy for you to purchase this unit at a discount price if you believe it is a good investment then a $30,000 discount should make it an absolute steal.

12 March 2020
Unprompted review
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Reply from Blue Wealth Property

Thank you for sharing feedback on the current performance of your Townsville investment property. We always aim for our clients’ expectations to be met, and we would hope for that to be the case with you as well. Idalia is an interesting suburb to conduct an analysis. Since there are few properties to compare with, an effective valuation or appraisal is difficult. The only true way of determining today’s value is to test it in the market, but it is obviously too soon to do that. You’ve only held it for about a third of our generally recommended time of beyond 10-15 years. Townsville is a unique regional market due to the multiple pillars that support its economy, most notably government employment. Coming from a low cost base ($289k, as you mentioned in your review), Townsville is very much a price-driven investment area. A key element to this is achieving decent rental income, which the area has accomplished. According to Core Logic, your lot in Springbank was last advertised for a tenant in April 2016 at a rent that would provide you with a gross rental yield of 5.8%. This should mean positive cash flow after taxes, so we are unsure of how your loss is calculated. We know this does not resolve the perceived negative equity, but it should be covering its costs, giving you time to hold for the property cycle to provide growth. It is possible that the -$90k appraisal you received from a third party was based on limited sales evidence or a conservative bank valuation. We would be happy to discuss this with you further if you’re interested, as well as further details on where we see Townsville going over the coming years.

Rated 5 out of 5 stars

Love the constant updates

Love the constant updates, the website and allocation of staff to guide you through the process.

I am super time poor and the updates really do give you peace of mind in knowing that there is support that will quickly highlight anything of importance that you may of missed. All contact and documentation has been very professional and high level. I am super excited to watch the progress

13 December 2018
Unprompted review
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Reply from Blue Wealth Property

Hey Danielle, thanks heaps for the review. We are so happy to hear you're happy and super excited to watch your progress too.

Rated 5 out of 5 stars

professional evening with good factual…

professional evening with good factual coverage of properties and investment locations without any hard sell.

10 April 2018
Unprompted review
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Reply from Blue Wealth Property

Thanks GB, hopefully we see you at another event soon.

Rated 5 out of 5 stars

Great event and the Doc was very on…

Great event and the Doc was very on point and direct with the questions being answered that are usually asked.

All 3 developments looked like great products for clients to grow their wealth. If only I had an endless supply of money I would have picked one in each.

I would like to see some projections of how these developments help people retire or feedback from clients. For example testimonials and/or a track of their successes with Blue Wealth demonstrated somehow. Doesn't have to be the biggest and best client just someone that had started a while ago and is on the path. That would inspire people to believe they can do it to. Seeing the process through the client's eye of experience.

I'd also like to see an extension of the research that goes into the property selection. I am a stats man and a lot of people are, a wise man once said 'if you can't fault the numbers, you can't fault the assumptions'.

Being an executive financial adviser I am always comfortable to introduce people to Blue Wealth as I know their research diligence has helped many people. If you haven't used their services previously I advise you attend a one-on-one (they are free! AND provide great insight),where your personal position can be exampled and can further understand how easy it is to own one of these great properties.

27 March 2018
Unprompted review
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Reply from Blue Wealth Property

Hi Anthony, we're more than happy to step you through this stuff, just make contact and we will schedule something that works. Thanks for the great feedback!

Rated 4 out of 5 stars

Presentation was great but timing was…

Presentation was great but timing was not great as web screening the seminar was during our meal time with kids and was difficult to concentrate.

23 March 2018
Unprompted review
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Reply from Blue Wealth Property

Hi Lee-Anne, thanks for the feedback. We've been working hard to make this process more flawless for our viewers including options on timing. Hopefully, this works better for you now and we can see you again soon :)

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