Sydney buyers agency, buying nationwide
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Investors and first home buyers, Sydney

Before you buy your next property, get a second opinion from the data.

Wellfound is a Sydney buyers agency that runs the numbers on more than 15,000 Australian suburbs, and tells you straight when a deal does not stack up. Strategy first, then the suburb, then the property.

★★★★★ 5.0 on Google
50+ metrics in the data model
Independent. Buyers agents only

Book a free 15 minute strategy call

Tell us what you are buying. Luke will come to the call with the numbers for your situation.

No obligation. Wellfound is an independent buyers agency, working for buyers only.
5.0
Google rating, every review five stars
15,000+
Australian suburbs the data model sorts through
$100k
Under valuation on a Sydney client purchase
+51%
Growth in about two years on a portfolio purchase
Results, reported exactly as they happened

Purchase price, valuation and growth. No projections.

Every figure below is a purchase price and an independent valuation or comparable sales, not an asking price or a forecast. Yield is shown gross so the properties can be compared.

Erskineville, NSW
2 bedroom character semi, owner occupier
$100,000
under the valuation on settlement
Comparable sales
$1.65m to $1.95m
Valuation
$1,730,000
Purchase price
$1,630,000
Secured pre-auction, below every comparable sale in the immediate area, through a negotiation built around the vendor's settlement timing rather than the guide price.
Client purchase
Parmelia, WA
House on 734 sqm
+$265,000
capital growth (+51%) in about two years
Purchase price
$515,000
Last valuation
$780,000
Gross yield
5.87%
Equity released
about $182,000
Equity recycled into the next purchase. Growth and equity figures based on an independent market appraisal.
Wellfound's own portfolio
Rosebery, NT
House on 810 sqm, subdivision potential
+$123,000
on revaluation in under 12 months
Purchase price
$557,000
Recent valuation
$680,000
Gross yield
5.4%
Bought with the same data model we apply for every client. Valuation based on an independent market appraisal.
Wellfound's own portfolio
The second opinion

Sometimes the right answer is "don't buy this one".

Most buyers agents get paid when you buy. Our strategy is set before we ever look at a property, so when the numbers on a deal do not stack up, we say so, even when it is not what you wanted to hear.

That is what the data model is for: capital growth potential, cash flow strength and risk, scored on more than 50 metrics, for the suburb you are looking at and the ones you have not thought of yet.

"I recently engaged Wellfound for a second opinion before I pulled the trigger on an investment property. They ran the numbers and they didn't stack up. Not what I wanted to hear at the time, but a second opinion saved me from what could've been a costly mistake."Liam, Wellfound client
How it works

Strategy first. Then the suburb. Then the property.

Most people start with a property. We start with your numbers, because your goals and financial position decide the strategy, the strategy decides the suburb, and the suburb leads to the property.

1

Strategy, before any suburb

Your income, borrowing power, cash flow and timeline become a plan for the next five to ten years: what to buy, where, in what order, and when to wait.

2

Follow the data, not the hype

Supply and demand, infrastructure, affordability and demographics across 15,000 suburbs, so the shortlist is built on evidence rather than a hotspot list.

3

Buy with purpose, negotiate hard

We find, assess and negotiate the property, on or off market. Erskineville was secured pre-auction, $100,000 under the valuation.

What clients say

Five stars, every time, from people who bought and people who didn't.

★★★★★

"They ran the numbers and they didn't stack up. Not what I wanted to hear at the time, but a second opinion saved me from what could've been a costly mistake. Highly recommend Luke to anyone needing support with their next purchase."

LiamInvestment property, second opinion
★★★★★

"We had no idea where to start with an SMSF purchase. Luke walked us through what to look for, what to avoid, and made sure it actually stacked up for our fund. Overall a great experience."

MarianneSMSF purchase
★★★★★

"The team were relentless on our behalf, working through every angle, every option, and never losing sight of what mattered most to us. The best part is that we were able to purchase below the market valuation, which has given us some instant equity for future renovations."

James & ElaineFirst home, Sydney
Luke Haddrick, founder and director of Wellfound Property
Who you will speak to

Luke Haddrick, founder and director

Before starting Wellfound, Luke spent years trying to enter the property market the typical way. He did the research, made compromises, turned up to auctions, and still missed out.

That is when he turned to property investing to build wealth for his family, and Wellfound was born from what he learned along the way. The data model on this page is the same one he uses on his own purchases, and every client gets it applied exactly as he applies it to himself.

Book a call with Luke
Common questions

Before you book

What happens before you recommend a property?

We start with strategy, not stock. Before we suggest a suburb or property, we map out your goals, borrowing position and long-term plan. Nothing gets recommended until we know exactly what it needs to achieve for you.

How do you decide what is actually worth buying?

Every recommendation is backed by data, not headlines. We analyse growth drivers, rental yields, supply trends and demographics, then only put forward a property if it serves a clear purpose: growth, cash flow or leverage.

Who does Wellfound work with?

Ambitious investors ready to make their money work harder, rentvestors and aspiring owners after lifestyle flexibility, busy professionals balancing career and family, and expats building wealth while living abroad.

Is this a one-off purchase or an ongoing relationship?

Ongoing. Each purchase is a stepping stone. We help you refinance, recycle equity and scale your portfolio, so the plan we build on the first call is the one we keep working from.

Do you only buy in Sydney?

We are based in Sydney and buy nationwide. The data model scores suburbs in every state, which is how our own portfolio came to include Western Australia and the Northern Territory.

Ready when you are

Fifteen minutes. Your numbers. A straight answer.

Tell us what you are buying and Luke will come to the call with the data for your situation, including whether now is the right time to buy at all.

Book my free strategy call →
Independent buyers agency, working for buyers only.
Book a free 15 min call