Property seems like a good long term investment to help children get a head start. Assuming parents gift children $100K deposit by age 10 to purchase $400K property, then when the child graduates from university they can live in the property and have a flatmate to help pay mortgage and by the time they are 30yo the mortgage is repaid and they are debt free...by that time property will be likely worth over $1m.
Looks like trust (for each child) is the best way, also good for asset protection.
Example:
https://www.realestate.com.au/
https://www.onthehouse.com.au/
You may have notice no internal photos because its straight out of the 80s, yet new kitchen, bathroom, carpets paint and it looks like new for less than $50K and immediately raise value to over $500K, see neighbors unit:
Queensland property values are much lower than other regions, much easier to find positively geared properties and land tax threshold for trusts is $350K and property above would be well below threshold land value.
Model:
https://docs.google.com/spreadsheets/d/15KC8GdjIr4LePtLJ07FzszH-NMZ_b_xXJxNAnWMTaV8/edit?usp=sharing
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