B Invested

Property mogul with portfolio worth $55million seeks to add to his collection of over 200 homes but says his mother is happy to stay in her small western Sydney home

  • Nathan Birch has net worth of $55 million but his mother lives in tiny home.
  • Despite his massive portfolio Mr Birch said his 200 properties were not enough.
  • Mr Birch made his fortune buying houses at the lower end of the market.

Sydney investor with a portfolio of over 200 properties has revealed he hasn’t bought his mother a house.

Nathan Birch, 32, claims a net worth of $55 million but his mother lives in his tiny childhood home in Mt Druitt, in Sydney’s western suburbs.

When the pair were asked by Sunday Night why Mr Birch’s mother doesn’t have a new home she said: ‘Because mum doesn’t want one.’

Nathan Birch, 32, claims a net worth of $55 million but his mother lives in his tiny childhood home in Mt Druitt.

Nathan Birch

Mr Birch owns a $200,000 Bentley with the number plate ‘CSHFLO’

Nathan Birch 3

‘My little house is fine, that’s what I always say.’

Mr Birch explained he had planned to build his mother a ‘dream home’ where they both could live, but his mother said she was happy where she was.

Despite his massive portfolio Mr Birch said his 200 properties were not enough, and explained he plans to purchase more real estate on the Gold Coast.

‘The market here I think is only just scratching the surface,’ he said.

‘It’s like Australia’s Miami. Prices are still post-GFC prices, still very low.’

Mr Birch made his fortune buying houses at the lower end of the market and predicting that their worth will increase over the years.

Birch's White House

In 2008 Mr Birch paid $140,000 for this white house and it is now worth $360,000.

Penrith, Western Sydney

He uses the buy and hold method, where an investor buys stocks – in this case property – and holds on to them for a long time.

Mr Birch just gradually raises the rent in each property as they increase in value.

This method can be successful, but risky, especially if the markets experiences a downturn.

Nathan Birch buying houses

Mr Birch made his fortune buying houses at the lower end of the market.