How a Former Semi-Pro Soccer Player Turned Property Podcasts into a Multi-Million Dollar Adelaide Empire
In Australia's tough housing market, where many young people struggle to buy their first home, Zach Hristodoulopoulos stands out as a Gen Z success story. This Adelaide-based investor has built a $5 million property portfolio by age 29 – all in South Australia – proving that smart strategies and local knowledge can create serious wealth.
Zach, founder of Adelaide buyers' agency HRISTO, now helps others secure high-growth properties while sharing his blueprint for property investment success.
From Soccer Pitch to Property Investing
Zach's early years were spent playing semi-professional soccer for Adelaide clubs like West Adelaide and Adelaide Comets. While juggling full-time work, a finance degree, and training, he turned long commutes into learning sessions by listening to property investment podcasts.

This "earn and learn" phase laid the foundation. "Sales skills are transferable, and consistent education compounds over time," he says.
Key Strategy: Buy Land-Rich "Ugly Ducklings" in Adelaide
Zach's approach focuses on Adelaide property investment opportunities with strong land value and subdivision potential:
- First purchase at 22: A $400,000 older home on a 700+ sqm block in Gilles Plains. Subdivided and developed into multiple dwellings – now valued at over $2 million.
- Bought counter-cyclically during COVID when others feared a crash.
- Later properties, like one in Woodville West, grew from $717,000 to $1.15 million.
- Philosophy: "Land appreciates, buildings depreciate. Target rundown houses in prime locations with good bones."
With expertise from his town planner father-in-law, Zach rents properties for cash flow, then develops for capital growth. His portfolio now includes five properties, with more subdivisions planned.
Zach's Top Property Investment Tips for Australians
As head of HRISTO Buyers Agency (which has helped clients buy over $52 million in Adelaide properties), Zach shares actionable advice:
- There's no perfect time – High interest rates mean less competition and better deals.
- Ignore short-term noise – Focus on long-term holds (10-15+ years).
- Start early – Compounding in your 20s is powerful.
- Master one market – Zach sticks to Adelaide for deep local insights, off-market deals, and subdivision knowledge.
- Use support – Partner up or leverage family guarantors for deposits.
Zach's story shows the Australian property dream is achievable for Gen Z with education, patience, and a focus on undervalued Adelaide real estate.
Follow Zach on social media @hristo.property for more tips, or visit hristo.com.au to learn how his buyers' agency can help you invest in Adelaide.
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