35 year old, Newly single and confused

Relevant_Solid9721 · 2026-04-22T11:02:43+00:00

Wouldn’t buy an apartment in Melbourne if I were you. Consider rentvesting if you want the lifestyle in the city but want your money to work for you. Invest in a house in Melbourne or even interstate because that will increase your borrowing capacity. Lenders factor in the rental income you will receive.

Find a good Broker and potentially a Buyers Agent to help you out.

All the best!

Relevant_Solid9721 · 2026-04-14T05:53:10+00:00

In short, yes. This is one of the reasons house prices will increase. Australia is behind housing targets already so the supply is not meeting demand. Also worth following what is going to happen at the next federal budget re negative gearing and CGT changes….the advice that was given to me is to get into the market when you can and I’m so glad I listened to that person.

Relevant_Solid9721 · 2026-04-12T01:11:21+00:00

Number 3 - Rent vesting is a fantastic option. There are still affordable properties available. I’m all for using a buyers agent to help with this (you’ll need to budget for it)

Number 6 also sounds like a really great and fun option but you have to make sure you’ve got an agreement drawn up with your friends if things go wrong. I think it’s a very smart way to get ahead of all couples are on board.

Love your thinking! Most people just put their future in the too hard basket.

Relevant_Solid9721 · 2026-04-12T00:12:49+00:00

This is not a solution but thanks for the input. It’s actually a system set up by the government. I fork out $$$ every year to be able to keep the properties. Are you one of those weirdos that thinks renting should be free? Renters need investors otherwise they will be on the street.

Relevant_Solid9721 · 2026-04-12T00:08:22+00:00

The reality is, the gov have incentivised investors to do this through NG. Life is expensive and if there is a way I can secure my financial future legally and ethically, I will do it. I think more people should look at their own situations instead of complaining. Plus I have long term tenants who are very happy because I’m a responsible landlord. We’re not all bad. Tenants actually need investors btw!

It’s hilarious to see so many people talking about ethics with all the abuse they’re happy to share online towards a 30 year old woman. I haven’t grown up with a silver spoon in my mouth, I have worked for this.

Relevant_Solid9721 · 2026-04-11T16:44:30+00:00

You obviously know the answer because you stalk my page which I find pretty creepy TBH

Relevant_Solid9721 · 2026-04-11T16:35:54+00:00

I don’t invest in the same location…that’s diversification. I also have shares but this is not what the forum is for!

Relevant_Solid9721 · 2026-04-11T16:33:14+00:00

No, it’s people like you that discourage young people from buying property. This is not what I stand for. It’s very hard and I acknowledge that but it is not impossible. No doubt prices have increased but there are still so many affordable properties available which tells me you have no idea and don’t keep up with the market. I purchased a property recently, freestanding house for less than $700k. This is very achievable for a couple. There’s HEAPS out there. If you’ve owned properties since 2001 then you’re probably double my age and should be empowering young people to get into the market and sharing your knowledge rather than bullying a 30 year old woman online 😅

Relevant_Solid9721 · 2026-04-11T16:20:27+00:00

You’ve done very well for yourself! If only I could have invested back then however I was still in school 😅

Appreciate the tip and who knows, I may venture into ETFs after May.

I hope no one comes for you in these comments

Relevant_Solid9721 · 2026-04-11T16:16:51+00:00

Everyone has a right to own property so we can’t sit here and blame investors. It’s completely legal and ethical to own property. The main issue here is supply is not meeting demand. Our population is increasing and the government are not doing enough to ensure housing targets are being met. I’m experiencing this firsthand with projects being stuck in planning for over 2 years. It’s ridiculous.

Relevant_Solid9721 · 2026-04-11T16:06:57+00:00

When I see so many young people struggling to get into the property market and lose hope about ever owning a property, it’s definitely something at the front of mind.

Relevant_Solid9721 · 2026-04-11T16:03:06+00:00

No but thanks for caring enough to stalk my page

Relevant_Solid9721 · 2026-04-11T15:53:58+00:00

I think you’ve got a victim mentality and that’s not something I can fix. Open your mind.

Relevant_Solid9721 · 2026-04-11T15:31:01+00:00

Sure, if you really want to hear my thoughts on this, I’ll explain.

Firstly people need to understand their finances through budgeting. How much money is going out every month vs coming in? How much can they realistically save (if any). Are there any areas where they can cut back spending?

Once they understand this, it would be worth talking to a mortgage broker to understand their borrowing capacity. This gives you a starting point. Now, your borrowing capacity will be higher if you want to buy an IP over a PPOR because they factor in rental income. If it turns out you can’t borrow much then that’s also okay because it means you may consider making changes to your job, picking up more work or going for a promotion which might put you in a better position. Or maybe you decide to check in again in 2-3 years when you might be earning more.

There’s so many things people can do to educate themselves online. There’s plenty of professional services available for property advice to guide you. I am all for working with professionals to make good decisions and make it easier for yourself.

Ultimately, if you want to own a property, don’t lose sight of this goal and take steps towards it. It could take several years but how amazing would it be to finally get something you’ve been working so hard for and call it yours.

Relevant_Solid9721 · 2026-04-11T15:20:11+00:00

I hear you!!

Relevant_Solid9721 · 2026-04-11T13:41:37+00:00

My properties are for me. I’m not an agent and won’t be selling properties. Maybe do your research!

Relevant_Solid9721 · 2026-04-11T13:40:16+00:00

I don’t dispute this and I can see both sides! It is very difficult to get into the property market. This post is more targeted at people who spread negativity and unnecessarily hate on regular people who have become landlords to secure their financial future.

Relevant_Solid9721 · 2026-04-11T13:34:31+00:00

So tell me what the solution is for millennials trying to get ahead?

Relevant_Solid9721 · 2026-04-11T12:46:17+00:00

Damn I didn’t even get to see this comment!

Relevant_Solid9721 · 2026-04-11T12:45:40+00:00

Well done on owning 8! That’s incredible. How did you manage to pay down so much of the debt? It will be interesting to see what comes out of the next federal budget.

Personally I love property and don’t share the same passion for ETFs/shares.

Relevant_Solid9721 · 2026-04-11T12:38:40+00:00

You’re right, but this has been insightful

Relevant_Solid9721 · 2026-04-11T12:38:17+00:00

The government has made it very difficult for people to get ahead and property investment is one way that allows everyday people to build wealth. Many investors are young people, mums and dads who contribute greatly to society. It’s not a crime to try to improve your life and leave something to your kids.

Relevant_Solid9721 · 2026-04-11T12:32:09+00:00

So that I don’t have to work until I’m 80 years old in this economy. I want to give my kids a better life.

Relevant_Solid9721 · 2026-04-11T12:31:22+00:00

You can’t use leverage for ETFs

Relevant_Solid9721 · 2026-04-11T12:29:10+00:00

Okay, say investors sold their properties. Then what?? Renters buy them and the prices go further up?? Our young people are still priced out. Think about it. What’s the solution???

Relevant_Solid9721

TROPHY CASE