How rentvesting is helping people buy their first home Real estate and property mogul Tamara Wrigley explains the mainstream strategy ‘rentvesting’. Picture: Empire Art Photography
Property Tamara Wrigley
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Subscriber only Australians are vigorously encouraged to enter the property market, but not everyone can relocate to an affordable area. Chances are, if you re currently renting, you made choices about your location out of sheer necessity or lifestyle considerations rather than financial considerations. The benefit of renting is that you can enjoy the affordability of a lifestyle that may have been less accessible if you wanted to buy in the same area. This is where rentvesting comes in.
43 Burnet Ct, Baringa this week became the first house inside Aura to crack the $1 million sale price. Mr Jones said the new owners had recently moved across from New Zealand and were thrilled to secure the four-bedroom home. The 824sq m home comes with a pool, alfresco and outdoor kitchen, media and rumpus rooms, and solar panels. They re a lovely family who sold up from NZ and had been in temporary accommodation here, he said. They were interested in another property but missed out. They re ecstatic. Thrilled. Mr Jones said in the days since the sale his office had fielded an overwhelming response from other potential sellers for market appraisal.
43 Burnet Ct, Baringa this week became the first house inside Aura to crack the $1 million sale price. Mr Jones said the new owners had recently moved across from New Zealand and were thrilled to secure the four-bedroom home. The 824sq m home comes with a pool, alfresco and outdoor kitchen, media and rumpus rooms, and solar panels. They re a lovely family who sold up from NZ and had been in temporary accommodation here, he said. They were interested in another property but missed out. They re ecstatic. Thrilled. Mr Jones said in the days since the sale his office had fielded an overwhelming response from other potential sellers for market appraisal.
White hot Sunshine Coast buyer interest for beachside living has seen a horde of onlookers turn out to a Saturday afternoon auction of a basic three-bedroom brick home in Mudjimba which went under the hammer for $823,000. Ben Thomson of North Shore Realty said there was a series of rapid-fire offers from the registered bidders for the old style 38 Sundew St set on more than 600sq m of land in walking distance to the patrolled beach. We would have had more than 100 people present, Mr Thomson said. Being a beach house, we did expect it to be that busy - it was a good active auction.