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Case study: Why Darren chose Canberra for his first investment?
In this video Tiffy Rubinat, General Manager at Wealthi, shares with us the story of Darren, a first time investor who had many fears and doubts before getting into the market.
Darren works in the car mechanic industry and he was not a good saver. When he reached out to us, he only had $20,000 in savings.
The Wealthi team secured him a 5% down deposit on a $385,000 unit in Canberra.
With only $19,250 Darren was able to pay a deposit for his first property.
Two years later, his property is ready, and it appreciated to more than $145,000 in value, and his unit is going to be rented for a much higher valour than we estimated in the first cash flow.
Hear from Darren and his journey with the Wealthi team:
00:39 Darren’s story and his investment journey
02:50 Investing with limited savings
03:16 Darren’s property
05:07 How much has the property appreciated?
06:24 Assumed rental income in 2020 VS How much is it gonna be rented out for in 2022
07:42 Common fears
11:59 Top tips for first time investors
14:05 Wisdom words
Interested in getting into the market like Darren? Reach out to the Wealthi team. We can help you to create a strategy to achieve your goals: