The PROPERTY DOCTORS, Sydney Australia Novak Properties
NOVAK PROPERTIES CREW and PROPERTY LEGENDS in the industry share their experiences and knowledge. Hacks and tips to make you a smarter property GURU :) Learn with exclusive content, advice, insider info and HOT real estate industry PRO SECRETS. For sale, for lease, residential, commercial, buying off the plan, finance, mortgages, interest rates, first home buyer, investments - all topics covered. The untold real estate info you've been waiting for.
The PROPERTY DOCTORS, Sydney Australia Novak Properties
EP. 1573 THE 5% DEPOSIT FIRST HOME BUYER SPOILER
🏡 Bought in 2007 with a 5% deposit. Now worth 4x.
That’s the power of getting in — even when it feels like a stretch.
Yes, borrowing can feel big. But banks are conservative.
Yes, repayments are tough at first. But rents are strong, and good real estate holds its ground.
Even after 13 interest rate rises, we didn’t see the panic. No fire sales. No price collapses. Just steady hands and solid strategy.
📈 First 3 years? The hardest.
But beyond that? It’s all about what you bought, where you bought, and how you manage it.
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