The origin story
40 years in the making
Although Tenancy in Common ownership of real estate had been recognised in common law jurisdictions for centuries, no one had ever created a dedicated trading exchange for TIC shares in property — until Tony Puls launched the Tenant in Common Exchange (ticX).
Tony spent approximately 40 years working out how to create a legally compliant trading exchange for TIC shares. The concept was first covered in the Australian Financial Review in 2003 and 2004 — more than 20 years before housing affordability became the defining crisis it is today.
The advent of the ticX trading exchange is arguably the most significant development in the Australian property sector since Strata Title was introduced in 1961.
"TicX is to real estate what a stock exchange is to companies. When a property is purchased by two or more co-owners it remains listed on ticX to enable the co-owners to monitor the property and to provide an exit pathway should any co-owner wish to sell their TIC share."
The oldest problem in TIC ownership
For decades, there was nowhere to sell — except to each other.
One of the longest-running problems with Tenancy in Common ownership has been the inability to sell a share to anyone but the other co-owner. It's a structure often entered into by couples — and when a relationship breaks down, that limitation turns an ordinary exit into a standoff. Without a market, a co-owner who wanted out had only one buyer to negotiate with: the person they no longer wanted to be in business with.
The standard ticX co-ownership deed already removes the two barriers that made this so intractable. Co-owners waive the right to force a court-ordered sale, and there are no pre-emptive rights — meaning no co-owner needs anyone else's permission to sell their own share. ticx.com.au is where that share finally has somewhere to go.
This isn't limited to properties that already have TIC co-owners. Joint tenants, or a sole owner — whether a person or a company — can each elect to sell off a TIC share in their property, or a number of TIC shares, at any time — whether that's a couple untangling a joint purchase, or a retiree looking to release equity from their family home they've held (probably as joint tenants) for years without disturbing the rest of the household. The moment a share is sold, joint tenancy or sole ownership automatically converts to tenancy in common.
TIC shares can be sold off the plan too — the same way developers sell whole apartments in a high-rise before construction is complete. A developer can offer TIC shares in individual units off the plan, opening a development to buyers who could never afford a whole unit outright. The same applies to a single spec home — a builder can sell it off the plan to one buyer, or to several TIC co-owners, exactly as they would sell a completed home.
Our mission
Making property ownership accessible to all Australians
As housing affordability continues to shape the Australian property market, home ownership has become increasingly elusive for many. ticx.com.au exists to provide a practical, legally sound mechanism for more Australians to participate in property ownership and investment — one TIC share at a time.
In the press
As covered by the Australian Financial Review
The concept of a dedicated TIC exchange was first reported in the AFR over two decades ago — well before housing affordability became the mainstream crisis it is today.
The platform
What ticx.com.au is — and isn't
ticx.com.au is a listing and enquiry marketplace only. We are not a licensed real estate agent, broker, lender, or financial advisor. No transaction occurs on this platform.
All property transactions are conducted directly between buyers, vendors, and their respective licensed real estate agents, in accordance with applicable Australian state property and real estate legislation. Always seek independent legal, financial, and tax advice before entering any property transaction.
ticx.com.au is owned and operated by TICX Pty Ltd (ACN 611 857 875).
Domain portfolio
The ticx.com.au ecosystem
ticx.com.au is the master platform for TIC shared ownership in Australia, supported by a portfolio of specialist domains covering each property category.
Ready to get started?
Browse active listings on the exchange, or list your own TIC share for A$99 per annum.