Performance Property Data

Sharon invites her good friend, Anna Guy into the studio to talk about Anna’s personal experience with property investing.  Anna and her husband bought their first home in 2003 in the inner-west of Melbourne. Two years of living with Anna’s in-laws allowed them to save for the deposit, and after six months of house-hunting they settled on a lovely period home close to the city. Although the original plan was to renovate their home, three-years later they realised they held a lot of equity, so they used the money to instead buy their first investment property. They looked in the same suburb, and bought a house that now - just over ten years later - has doubled in value.  In 2007, Anna bought a three-bedroom house in South Frankston, where she had been hearing good things about opportunity. Her plan was to on-sell it to a developer, but things didn’t work out that way. After sale, she discovered there was an easement running through the back of the property. She didn’t have a conveyancer or solicitor look over