Stuart

CHALLENGE

Stuart was a first time property investor looking to crack into the Central Coast property market at an exceptionally heated time in the market. He realised the importance of making a wise investment decision but felt unsure of how to interpret the market, and pricing and suburbs. Stuart was commuting from Sydney to view properties and frustrated with the buying process.

APPROACH

We took the time to understand Stuart’s long term property goals, and helped determine the best strategy for achieving his goals, within his timeframe and budget. We introduced Stuart to some additional suburbs, and helped inform him of the market conditions, area specifics and commenced a comprehensive search for Stuart.

SOLUTION

We scoured the market with current on-market, pre-market and off-market opportunities within his budget and recommended suburbs to invest. For his first viewing, we had shortlisted five properties to view back to back, and toured the area for additional properties that were coming to market. Stuart had a very clear understanding of the stock that would become available over the next three weeks. Stuart made a decision to purchase a property after the first weekend of viewings, as he felt confident, informed and aware of all his upcoming property options and educated around the area, and investment thought process. The home was purchased in a suburb that has experienced 45% capital growth over the last 5 years, and performed at a consistent 8% capital growth over a 10 year period.

EXPERIENCE

Stuart purchased a freestanding home, close to the local school and shops. We secured the property for $50,000 below the vendors original asking price. The home is a perfect example of a solid long-term investment – north facing yard, large 4 bedroom home in need only of a cosmetic touchup (paint, lighting and blinds) and has a 4% rental yield.

‘I recently bought my first property with the assistance of the remarkable Ella Conroy at Lifestyle & Investment Buyer’s Agent. I had spent months surveying the market on the Central Coast, but when it came to the inspection and purchasing processes, I realised there was so much I had no idea about.

As soon as I spoke to Ella about coming on board, I felt a hell of a lot more comfortable. She was passionate about the housing market, excited about my personal journey and eminently reassuring through her professionalism. She assessed the spreadsheet I had made about past properties and within 24 hours, I had a new list of properties to see. I spent the next weekend on the Central Coast with Ella, assessing properties, discussing options and receiving a colourful history of the area from my own personal tour guide. By the end of the weekend, I had bought my first property.

Through their earnest excitement for my personal journey, and unwavering professionalism, Ella and the team at Lifestyle & Investment Buyer’s Agent turned an experience that had previously filled me with uncertainty and anxiety, into an exciting and joyous one. I would recommend them to anyone looking to buy property, especially those who are new to the experience.

It is a wonderful feeling to own my own home.’

Stuart