A chance conversation was what inspired 23-year-old Steph to invest in her future and build with Elements by Boutique Homes.
‘I wanted my money to work for me. I knew that if I could get into the market young enough, I could set myself up for life,’ says Steph.
‘During the COVID-19 pandemic, I was a Nurse Manager running a screening clinic. One of the casual nurses, who was only 28 years old at the time, owned eight houses and told me the next three locations she was considering buying in. Within the week, I had purchased my first property.’
For Steph, building her first investment property in the Tribeca 25 home design came down to value for money and affordability.
‘I was looking for the smartest way to create equity quickly. As soon as your house is built, equity is instantly created.’
‘Another positive is that it takes your land approximately one year to title. So, after my deposit, I paid nothing towards the property for over 12 months, allowing me to save significantly before settlement. It was a great outcome, especially given I was so young and building on my own,’ says Steph.
