A New Beginning in Perth
Shabab arrived in Perth, Western Australia as an international student, determined to build a successful future. He began his academic journey by enrolling in a Bachelor of Commerce, majoring in Accounting—laying the foundation for a future career in finance and property.
Starting from Scratch in Sydney
With only $6,000 to his name, Shabab moved across the country to Sydney in search of greater opportunities. He secured his first corporate role, stepping into the world of professional finance, beginning to gain the experience that would shape his investment mindset.
Professional Milestones and Personal Growth
After years of hard work and persistence, Shabab earned his Chartered Accountant (CA) qualification while working full-time. That same year, he achieved a major personal milestone—purchasing his first principal place of residence (PPOR) in Sydney during the uncertainties of the COVID-19 pandemic.
Purchase Price: $1,025,000
Date Purchased: March 2021
Sold Price: $1,421,000
Profit: 38.6%
First Step into Property Investment
With his financial foundation firmly established, Shabab purchased his first investment property in Western Australia. This marked the beginning of his hands-on journey in real estate investing, driven by a passion for building long-term wealth through property.
Purchase Price: $435,000
Date Purchased: May 2022
Rent: $630 p.w (7.6% Yield)
Current Value: $655,000
Growth: 50.6%
Scaling Up and Helping Others
Shabab expanded his portfolio by acquiring a second investment property in WA. Motivated to help others achieve similar success, he began working part-time as a buyer’s agent. That same year, he proudly secured his first property for a client—an experience that fueled his mission to make property investing more accessible and rewarding for others.
Purchase Price: $360,000
Date Purchased: March 2023
Rent: $520 p.w (7.5% Yield)
Current Value: $540,000
Growth: 50.0%
Expanding Business
The new year kicked off with another strategic purchase—his third investment property in Western Australia, reinforcing his confidence in the state’s market potential.
Purchase Price: $360,000
Date Purchased: February 2024
Rent: $480 p.w (6.3% Yield)
Current Value: $515,000
Growth: 29.7%
After years of personal investment experience and assisting clients part-time, Shabab officially launched Prime Pursuit Properties. The company was founded on the belief that everyday Australians deserve expert guidance in building wealth through smart, strategic property investing.
Shabab broadened his investment portfolio with a property purchase in Queensland, diversifying his holdings and exploring new market opportunities to benefit both himself and his clients.
Purchase Price: $330,000
Date Purchased: September 2024
Rent: $400 p.w (6.3% Yield)
Current Value: $360,000
Growth: 9.1%
In a bold and strategic move, Shabab sold his Sydney PPOR for $1.42 million and relocated to Melbourne. He then purchased another PPOR for $1.31 million—demonstrating his ability to identify and act on high-value opportunities in dynamic markets.
In a transparent and educational intervie. seldom seen in the real estate industry, our founder Shabab Mortuza talks to expert properly investor PK Gupta about his property investment journey. Shabab’s honest and emotional Interview will give you an eye-opening experience into how he got started as a property investor and why he’s so passionate about property investing!
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