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Decades of success provides lessons for aspiring property investors

Whether forming Hong Kong's first Aussie rules football team or creating wealth through a significant property portfolio, Melbourne-based Ray Wood has been kicking goals on and off the field.

Property investor and professional Ray Wood outside his two-storey Melbourne home
Property professional and investor Ray Wood has focused his real estate portfolio on Victoria and Queensland.

With significant wealth built on the back of 12 property purchases over several decades and a respected career as property valuer, consultant and vendors advocate in Victoria, 68-year-old Ray Wood is close to retirement but his advice to younger investors is as salient as ever.

Choosing properties with potential for improvement and creating a diversified portfolio is the ultimate goal but hard work and sacrifice is the central pillar to success,…