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HomeE-newsAnjali: How I put up KSh28m investments at only 25

Anjali: How I put up KSh28m investments at only 25

In summary

  • Anjali Parmar grew up in Kenya and moved to Perth with her family in 2012 where she has recently bought a four-bedroom home just 26km from the city’s centre.
  • Ms Parmer, who has been working full time for three years said she’d had a job ever since she was a young teenager and had lived at home up until now.

Anjali Parmar, 25, recently revealed how she was able to buy her first four-bedroom home in Perth, Australia, by strictly saving and without any help from her parents.

Ms Parmar grew up in Kenya and moved to Perth with her family in 2012 where she bought the lavish home just 26km from the city’s centre.

She has been working since she was 14. Ms Parmar says she did newspaper deliveries, junk mail deliveries and saved whatever she got from that. “I always thought that one day it (owning a home) would happen. I always saved and stuff, it was the reason I saved. I didn’t think it would happen in a pandemic,’ she told news.com.au.

How Ms Parmer did it…

In June last year, she put down $25,000 as deposit for a block of land worth $250,000 as part of a new development in Perth.

Ms Parmar said she always planned to have her ‘dream home’ built so she could take advantage of the First Home Builders Grant which shaved off $15,000 from the house. 

In total she paid $50,000 for the block of land and house which together were worth $500,000 (Approximately KSh55 million) and is now paying off her mortgage.

Anjali saving tips

She was able to enlist the help of her painter father while the house was under construction and said she saved $9,000 simply by not installing air conditioning until later on.

Ms Parmar, who has been working full time for three years, says she has been living with her parents to maximise on saving.

For Ms Parmar, she made herself put away at least $200 every month to actualise her dream home. She encourages anyone else thinking of buying a house to dream big, adding they just needed to be strict on their saving.

The living room of her new home.

-Info from Mail Online

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