PHOTO: Sanjana Dutta and her husband Nick
A Brisbane couple in their early 20s followed a strict savings plan for six years to buy their first home. Then they hit an unexpected problem.
Sanjana Dutta and her husband Nick spent six years saving for a house deposit before they even started looking for a place to call their own.
But the Brisbane couple, who were in their early 20s, had difficulties finding real estate agents who would take them seriously despite having a deposit of more than $100,000.
“I think it was really interesting during the whole scouting phase. A lot of real estate agents underestimated us because we were so young. We would be shrugged off in a way and I don’t know if they thought we couldn’t afford the places or they wouldn’t take the time to show us around properly,” she told news.com.au.
“I spent a lot of times going to open homes and being a younger woman there was a lot of bias where they would talk to the male about a lot of the construction stuff and the build of the home.”
The 25-year-old said they wanted to buy a house under $550,000 so they could access the first homeowners grant and had a goal to save more than $100,000, which Sanjana admits was “difficult to do”.
Her first professional job was in the events and entertainment industry and the starting pay “isn’t so great”, she said.
“I moved to Melbourne right after uni for a good six months and that was quite expensive. My bank had one of those saving maximiser’s account where you get more interest the more you saved, so I pretty much didn’t give myself any luxuries – it was just the bare basics to spend on food.
“I found an apartment that was really close to walk to work so I didn’t have to spend money on public transport, I walked everywhere and didn’t have a car and my goal was to save $1000 a month.
“That was really tough to give up on all those luxury items when you live in a family home and have someone cooking for you and someone buying the food and not being able to go have a drink on a Friday arvo, but I had that goal in mind.”
Sanjana added she was never a big spender though, saving all her birthday money as a child and popping loose change into a jar, but it was a tougher for her husband.
“I influenced him in that way I have been saving money for a lot of my life,” she said.
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