Sian, a mature single income client wanting to buy a home

Sian had full time employment and savings but she no longer wanted to rent.

A Financial Health Check confirmed Sian couldn’t consider a property purchase in her desired location, but she could consider:

• Rentvesting – where Sian could rent a home in her desired lifestyle location while owning a more affordable investment property elsewhere.
• SMSF – purchase an investment property for her Self Managed Super Fund.

Sian’s employment was unexpectedly reduced to part-time, which reduced her options for finance.

YRHM continued to work with Sian on the plan. We reached out to real estate agents and surprised Sian with an investment property option that was within her borrowing capacity.

Sian purchased a newly built investment property in a great suburb in Melbourne.

With this new investment, Sian is now in a better financial situation with a great return on her investment, with increasing rental income and capital growth. Sian is ready to action her next step on her future plan.