{"id":35748,"date":"2021-11-25T07:59:18","date_gmt":"2021-11-24T18:59:18","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=35748"},"modified":"2021-11-25T07:59:18","modified_gmt":"2021-11-24T18:59:18","slug":"insane-way-tradie-scored-sydney-home","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/insane-way-tradie-scored-sydney-home\/","title":{"rendered":"Insane way tradie scored Sydney home"},"content":{"rendered":"

PHOTO: Sydney, Australia<\/strong><\/p>\n

The brutal property market has first homebuyers<\/a> desperate, with one Sydneysider going to extreme lengths to secure a three-bedroom home.<\/p>\n

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A Sydney construction manager has outlined the extreme lengths he went to to buy a home in the midst of the city\u2019s property boom.<\/p>\n<\/div>\n

Khalid Ismail, 28, lived with his parents for three years to save up a healthy $60,000 deposit, but still ended up house hunting for two years as house prices surged.<\/p>\n

He viewed around 50 places both in person and virtually during lockdowns, becoming increasingly certain he would never be able to buy a place in which he might be able to raise a family one day.<\/p>\n

\u201cThere was definitely a point where I though this is too much and I don\u2019t have enough deposit and won\u2019t be able to make the repayments,\u201d he told news.com.au.<\/p>\n

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Sydney first homebuyers score \u2018huge\u2019 apartment after one year of saving<\/a><\/h2>\n<\/header>\n<\/div>\n

\u201cI wanted something a bit closer to the city and a little bit closer to a train station but I thought about the fact those areas or some of those areas close to the CBD were way above my price point.\u201d<\/p>\n

Mr Ismail was so desperate to find a place that he lined up three virtual auctions in one day during Sydney\u2019s last lockdown \u2013 only ever seeing photos and never having been physically inside any of them.<\/p>\n

\u201cI missed out on one, the second one was too above my price range and the final one fell in the bracket,\u201d he said.<\/p>\n

\u201cI got lucky. The real estate agent did a ring around of all the people who signed up before and a few people were a bit nervous about doing a virtual auction so a few interested parties didn\u2019t attend. So I was left with three other potential buyers and it was pretty much who was more hungry and determined to put their hand up and I guess I was the lucky one.\u201d<\/p>\n

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Homeowner shares her hottest tips for first home buyers | WATCH<\/a><\/h2>\n<\/header>\n<\/div>\n

He purchased the three-bedroom house in the western Sydney suburb of Doonside for $700,000 in September and by using the First Home Loan Deposit Scheme it meant he only needed to stump up $35,000 to secure the home.<\/p>\n

READ MORE VIA NEWS.COM.AU<\/a><\/p>\n

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