14/03/2025
Property investment seems out of reach for younger people, right? Wrong, there are smart ways young investors are finding their way into the market.
🏠 Live at home with parents – Save more for a deposit by cutting down on rent and living expenses. This also increases your borrowing capacity.
💰 Leverage government grants & schemes – Some states may offer incentives for property investors, especially if you're buying in certain areas or developing new housing.
🔑 Explore low deposit loans – You might only need 5% to get your foot in the door! You might pay LMI but this can be net positive in the long run.
📉 Start with a smaller property – Invest in apartments or townhouses in high growth areas to ease into the market.
👨👩👧👦 Use a guarantor loan – Family equity can help you secure a loan with a smaller deposit.
Ready to break into the property market? 🏡💼