Single woman reveals how she was able to buy a four-bedroom home by the age of 25 – without ANY help from her parents
- Anjali Parmar, 25, recently bought her first four-bedroom home in Perth
- She put down $50,000 in total for a block of land and construction of her home
- Using First Home Buyers Grant she was able to get $15,000 off cost of the house
- Ms Parmar worked since she was 14, lived at home and saved $200 every month
A 25-year-old woman has revealed how she was able to snap up her first home without any help from her parents and by using a strict savings routine.
Anjali Parmar grew up in Kenya and moved to Perth with her family in 2012 where she has recently bought a four-bedroom home just 26km from the city’s centre.
She first put down $25,000 for a deposit on a block of land in June last year and only needed another 10 per cent down payment for the $250,000 home to be built.
Ms Parmar said she always planned to have her ‘dream home’ built so she could take advantage of the First Home Builders Grant which shaved off $15,000 from the house.
Anjali Parmar grew up in Kenya and moved to Perth with her family in 2012 where she has recently bought a four-bedroom home just 26km from the city’s centre
In total she paid $50,000 for the block of land and house which together were worth $500,000 and is now paying off her mortgage.
The 25-year-old said she’d always hoped she’d one day be able to own her own house.
‘I always saved and stuff, it was the reason I saved. I didn’t think it would happen in a pandemic,’ she told news.com.au.
She was able to enlist the help of her painter father while the house was under construction and said she saved $9,000 simply by not installing air conditioning until later on.
Ms Parmar, who has been working full time for three years said she’d had a job ever since she was a young teenager and had lived at home up until now.
The 25-year-old said she’d worked since she was 14 and tried not to spend a lot of money going out
‘I’ve been working since I was 14, did newspaper deliveries, junk mail deliveries, just savings from that,’ she said.
‘I don’t really smoke or drink much, worked in the local supermarket.’
She encouraged anyone else thinking of buying a house to dream big, adding they just needed to be strict on their saving.
For Ms Parmar, she made herself put away at least $200 every month to go towards her dream home.
Ms Parmar put down $50,000 for both the block of land and the house built on top and said it was down to her strict saving habits