First Home Buyer - Abigail
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First Home Buyer - Abigail
Meet Abigail, a first-time homebuyer from Sydney who initially faced uncertainty in her property journey. After placing a deposit on a property that didn’t feel right, she withdrew and was hesitant about seeking further advice. However, after seeing one of our ads and starting a conversation with Bruno from our team, Abigail found the confidence to explore new possibilities with One Central Property by her side.
Strategic Location and Investment
Abigail was introduced to the idea of purchasing a house in the Central Coast, a location that met her criteria for grants, concessions, and capital growth while staying within her budget.
Comprehensive Support
Our team sourced the land and connected Abigail with a wholesale builder to complete the project. We also facilitated her financial arrangements and managed the application for grants and concessions on her behalf.
Remarkable Growth
Abigail’s property, purchased at $578,000, has appreciated to a value of $900,000 within just four years. It is currently tenanted at $650 per week, providing a strong rental income.
Client Situation Before Purchase
Abigail was initially looking for a first home in Sydney but faced challenges finding a property within her desired price range. Her initial experience left her nervous about discussing property investments. However, after connecting with our team, she was open to exploring alternative options that aligned with her financial goals and investment vision.
- We introduced Abigail to the concept of investing in the Central Coast, offering her a property that met all her criteria for grants, concessions, and potential capital growth.
- Our team sourced suitable land and collaborated with a wholesale builder to bring the project to fruition.
- We connected Abigail with our financial team to streamline her finances and handle the application for grants and concessions, ensuring she received all entitled benefits.
- We provided data-backed research to demonstrate the investment potential of the Central Coast, reinforcing her decision with confidence.
Results and Next Steps
Having fulfilled the initial requirement of residing in the property for six months to secure all eligible government grants and concessions, Abigail has successfully transitioned her first home into a thriving investment property. She is reaping the rewards of a significant rise in property value along with a steady rental income of $650 per week. With the substantial equity she has accumulated, Abigail is now strategically positioned to acquire her second investment property and further expand her portfolio. We are thrilled to continue supporting Abigail as she advances in her property investment journey and realizes her financial goals.