Matt Franken was 24 when he decided to buy a $400,000 property in Karratha, 1500 kilometres from Perth. In the four years since, the investment has been making a tidy profit, and the Perth resident has added two more far-flung properties, one in Frankston and another in Geelong in Victoria.

“I just wanted something to do with my money. I thought the best thing at my age was to start looking into something like property,” says Franken, who works for a company that manages nurses on mining sites.

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