In the media: How to get on the property ladder

In the media: How to get on the property ladder

If you’re in your twenties and earning a modest wage, buying a property is challenging. But it’s not impossible, as LJBA director Lauren Jones proved.

 

In this 9Honey article, Lauren explains how she saved a deposit despite earning a $60,000 salary. The keys were:

 

  • Practising delayed gratification
  • Sticking to a budget
  • Educating herself about money and property
  • Accessing government housing assistance
  • Embracing some risk (but not too much)

 

Lauren also explains how she used the equity from that owner-occupied purchase to start building a property investment portfolio.

 

Click here to read the article.