OpenCorp Reviews: What Investors Should Know Before Signing (2026)

Representing property investment services

Last updated 3 October 2026.

Quick answer

OpenCorp is a Melbourne-founded property investment company that also offers finance broking and property management, with offices in Melbourne, Brisbane and Perth. It says it has been operating for more than 20 years. Its website does not publish what its property investment service costs or how it is paid on the properties it recommends. Before you commit, ask OpenCorp to put three things in writing: its fee, any payment it receives from a developer, builder or seller, and whether you could buy the same property without it.

Been shown a property by OpenCorp or anyone else? Get the package checked before you sign.

What OpenCorp does

According to its own website, OpenCorp offers three services:

  • Property investment: investment strategy, suburb research and portfolio planning. It describes itself as a “property investment advisor”.
  • Finance broking: investment, construction, refinance and other loans. It says it accesses around 70 lenders and describes broking as being at “zero cost to you”.
  • Property management: tenant and rental management for investors.

OpenCorp’s about page says it was founded in 2005 by Al Lewison, Cam McLellan and Matthew Lewison, has “100+ property professionals”, and appeared on the BRW Fast 100 list in 2014 and 2015. Co-founder Cam McLellan wrote the book My 4 Year Old The Property Investor, which OpenCorp says has sold more than 120,000 copies.

How much does OpenCorp cost?

OpenCorp’s website offers a “free discovery call” but, as at 3 October 2026, we couldn’t find a published fee for its property investment service on its home, services, about or FAQ pages. That doesn’t mean there is or isn’t a fee. It means you need to ask, and get the answer in writing, before you start.

Finance broking is described as at no cost to you. In Australia, brokers are usually paid commission by the lender, which is common and legal. Ask which lender pays what, as you would with any broker.

How does OpenCorp make money?

OpenCorp doesn’t spell this out on the pages we reviewed. Property investment companies in Australia generally earn money in one or more of these ways:

  • A fee paid by the investor
  • A commission or marketing fee paid by the developer, builder or seller of the property
  • Commission from lenders on the loan
  • Ongoing property management fees

Historically, OpenCorp has also operated as a developer and fund manager: a 2016 Business News Australia profile described it running development funds for retail investors. That profile is from 2016 and may not reflect how OpenCorp works today, so ask directly.

The question isn’t whether a company is paid. Everyone in property is. The question is who pays them, and whether that changes what they recommend. If a seller pays the company that recommends the property, that payment is usually built into the price you pay. See how builder commissions work.

Is OpenCorp a buyer’s agent?

OpenCorp describes itself as a property investment advisor, not a buyer’s agent. The difference matters. A licensed buyer’s agent or buyers advocate acts for the buyer under a written agency agreement. A company that sources properties may be paid by the seller instead. Ask OpenCorp which entity you’d be contracting with, what licence it holds for that service, and who it acts for.

OpenCorp’s FAQ says it holds an Australian Financial Services (AFS) licence. You can confirm any licence on ASIC’s professional registers and check real estate licences with the relevant state regulator.

OpenCorp pros and cons

Possible pros (based on what OpenCorp says):

  • One business covering strategy, finance and property management
  • Long operating history (since 2005)
  • Offices in three states, including Brisbane and Perth
  • Large library of education: books, podcasts, webinars and calculators

Things to check:

  • Fees for the property investment service aren’t published online
  • How OpenCorp is paid on recommended properties isn’t explained on its site
  • Performance figures on its website (such as clients outperforming “by more than $254K”) are OpenCorp’s own. Ask how they’re calculated and what’s excluded
  • Having finance, property selection and management under one roof is convenient, but it also means fewer outside checks

OpenCorp review ratings

We haven’t summarised individual reviews of OpenCorp. Check its current ratings on review sites such as Google and ProductReview.com.au, and read recent reviews yourself.

What to be aware of before you buy through any property investment company

  • Price vs value: get an independent valuation, not just a bank valuation, before you’re committed. If the bank values the property below the contract price, you’ll need more cash to settle.
  • Who’s paid by whom: ask for every commission, referral fee or rebate in writing.
  • Exit and resale: ask what similar properties nearby have resold for, not just what new ones are selling for.
  • Rental guarantees: if one is offered, ask who funds it. The cost of a guarantee can be built into the purchase price.
  • Cooling-off: know your state’s cooling-off period and don’t sign under time pressure.

8 questions to ask OpenCorp

  1. What will I pay you, in total, and when?
  2. Will you or any related company receive a payment from the developer, builder, seller or lender if I buy this property? How much?
  3. Could I buy this exact property directly, at the same price, without you?
  4. Which entity am I contracting with, and what licence covers this service?
  5. Do you or your directors have any ownership interest in the project or the builder?
  6. How is the “+$254K” figure calculated, over what period, and which clients are included?
  7. What have comparable properties in this estate resold for?
  8. Can I get my own building inspection and independent valuation before I’m committed?

A good company will answer all eight in writing, without hesitation.

OpenCorp vs REIN

OpenCorp offers a combined strategy, finance and property management service. REIN is narrower: we’re a buyer-only house and land buyers advocate. We check the package you’ve been offered (location, builder, price, contracts and payment stages) and tell you who’s being paid. A REIN service fee applies and is agreed in writing before we start. If a builder or developer pays REIN a commission on your purchase, we disclose it and rebate 100% (excluding GST) of it to you. That rebate typically covers our fee and more.

We’ve also written a side-by-side comparison: OpenCorp vs REIN.

Common Questions About OpenCorp

Is OpenCorp legit?

OpenCorp is an established Australian business that says it has operated since 2005, with offices in Melbourne, Brisbane and Perth and an AFS licence. Being legitimate doesn’t make every property it recommends right for you, so check fees, commissions and value before you sign.

How much does OpenCorp charge?

OpenCorp doesn’t publish fees for its property investment service on its website (checked 3 October 2026). It describes its finance broking as at no cost to you. Ask for every fee and commission in writing before you begin.

Does OpenCorp sell house and land packages?

OpenCorp’s current website doesn’t say which property types it recommends. Ask what type of property it would recommend for you, and why.

Where does OpenCorp operate?

OpenCorp lists offices in Melbourne, Brisbane and Perth.

Can I get a second opinion on a property OpenCorp recommends?

Yes. You can ask any property professional who doesn’t benefit from the sale to review the price, contracts and builder before you commit. REIN offers a free 15-minute review for investors who’ve been shown a house and land package.

Been shown a property? Get it checked first.

Before you sign anything, we’ll look at the package, explain how the price is put together and tell you who’s being paid. Free 15-minute call, no obligation.

GET MY PACKAGE CHECKED or call 1300 446 445.

Written by the REIN Editorial Team. Researched with the help of AI tools, then fact-checked against the sources below.
Reviewed by Scott Fraser, founder of REIN, licensed real estate agent (NSW) with 10 years on the developer side of house and land.

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Sources

This review is general information based on publicly available sources at the date shown. It isn’t financial, legal or tax advice and doesn’t take your circumstances into account. REIN is not affiliated with OpenCorp. Company details, fees and services may change; check directly with the company and seek independent professional advice before acting.