Homebuyer

Homeowner reveals how he bought a $470k property by himself at 27

PHOTO: To achieve his goal, Toby only had one source of income and didn’t implement any complicated strategies besides saving 73 per cent of his overall annual salary

  • Toby Rozario bought his home by himself at the age of 27 on October 1, 2020 
  • The customer support specialist, now 28, purchased the home for $470,000   
  • The coronavirus pandemic caused property prices and interest rates to drop 
  • Toby only had one source of income and saved 73 per cent of his annual salary  
  • The process of buying a home was ‘seamless’ with help from a mortgage broker

An Australian customer support specialist has shared how he purchased a house by himself at the age of 27 after noticing a massive drop in property prices and interest rates during the coronavirus pandemic.

Toby Rozario, now 28, from Melbourne, bought his lush two-story home on October 1, 2020 for $470,000 with a 15 per cent deposit.

‘I was actively looking at properties early last year before the pandemic hit, but didn’t find the right home that matched what I was after,’ he told FEMAIL.

‘I’ve always wanted to buy a property, but it was just a matter of when I was going to do so.’

To achieve his goal, Toby only had one source of income and didn’t implement any complicated strategies besides saving 73 per cent of his overall annual salary.

Toby Rozario (pictured), now 28, from Melbourne, bought his lush two-story home on October 1, 2020 for $470,000 with a 15 per cent deposit

Toby Rozario (pictured), now 28, from Melbourne, bought his lush two-story home on October 1, 2020 for $470,000 with a 15 per cent deposit

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