For many millennials, getting onto the property ladder in the first place can seem like a pipe dream at times.
The latest figures from the Domain Group show that Sydney’s median house price was $1,167,516 in the three months to the end of September – and that’s with an almost 2 per cent decline.
But 28-year-old Sasha Hopkins has amassed an impressive property portfolio worth $9million.
Furthermore, he did it after dropping out of school and moving out of his parent’s house in Noosa at the age of 17.
Sasha Hopkins (above, with his most recent purchase in Brisbane) amassed an impressive property portfolio worth $9million by the age of 28
‘I was a little bit troubled, and when my parents broke up, I went into a bit of a spiral,’ he told Nine News.
He was working a ‘dead-end’ job – but realised he needed to make a change.
Mr Hopkins went back to finish school in Melbourne, didn’t go to university and started working overtime in order to save as much as he could – investing some of his savings in the share market.
He was able to afford a deposit for his first property, a bit of land outside Hobart, just after he turned 21.
Mr Hopkins (above) was working a ‘dead-end’ job at 17 – but realised he needed to make a change
Mr Hopkins didn’t go to university, but instead worked overtime to save as much as he could
Looking back, he says he wouldn’t buy that property again but it helped him get his hands on a second one, this time in Melbourne.
Now, Mr Hopkins has a portfolio of 22 properties, in Victoria, Queensland and Western Australia, and is married with a daughter.
He set up the A Team Property Group – and has recently made a series of videos aimed at millennials hoping to enter the market.
Mr Hopkins has a portfolio of 22 properties, in Victoria, Queensland and Western Australia. Above, his newest property in Brisbane
Mr Hopkins advises people to focus on investments first and buy the home when in a position to do so. Above, the Brisbane house
‘I think what is unrealistic is for people to still believe they need to go out and buy their family home,’ he said.
Mr Hopkins advises people to focus on investments first and buy the home when in a position to do so.
‘Everyone is different – but what I do think people need to understand is that you can’t live the lifestyle that you want without hard work and discipline.’