B Invested



Many young Australians feel priced out of the property market.

However, the problem facing young Aussies nowadays isn’t just housing affordability – it is also mindset.

The fact is, even today there are opportunities available, for those willing to see them.



If you look at any self-made success story – you will find that the successful person didn’t see obstacles as dead ends.

They believed in their own ability to innovate and create opportunities to overcome any obstacle blocking their road to success.

There are never any self-made people who claim, “I didn’t think it was possible to do what I did – and then, success just fell in my lap one day.”

Successful people begin their journeys by affirming that they will be successful.

If you think to yourself, I’ll never be able to afford my own home – then obviously, you never will.

If you wholeheartedly affirm you will own your home one day, then you will start setting the stage for success.

Soon you will start seeing less obstacles, and more opportunities. It’s not just wishful thinking. It works.




It’s no secret the media loves a gut-wrenching, emotion stirring headline. Unknowingly, many Gen Y-ers are being emotionally played by this hype.

A mantra has been ingrained into them, “housing was more affordable for my parents. I will never own my own home”.

We constantly hear stories about how cheap houses were some 30 years ago. It all seems so hopeless and unfair today.

However, the media forgets to mention that markets move in cycles, and wages play catch up.

Buying a house was not always easy back in the day. However, for those who did buy long ago, inflation and rising wages have made holding onto a house much easier today.

For some reason, it seems first home buyers today expect home ownership should be as easy for them at the beginning, simply because it seems easy for their parents in the middle of their careers.




Let’s take a closer look at some of the obstacles previous generations faced, before they finally got substantial relief decades later.

Many forget, or maybe don’t realise, that interest rates were once extremely high.

According to the ABS,

“Housing affordability decreased substantially between 1988 and late 1989 when interest rates were high.”

Interest peaked at 17% at the time, first home buyers were priced out of the market.

On April 6, 1988 The Daily Mirror said,

“Real estate agents say many hopeful owners are up to $50,000 short of what they need to buy an average home in the suburbs.”


$50,000 doesn’t sound like much to us now, but back then, you could purchase a house in Hornsby for $160,000.

The Full-time adult average weekly total earnings at this time was $495.80. That’s $25,781.60 a year.

So, being $50,000 short of purchasing a home was the equivalent of two years’ full-time salary. Maybe $150,000 in today’s dollars.

Sounds pretty familiar? Yet countless people managed to buy homes, hold them and pay them off despite the obstacles.

It was only later that home ownership became seemingly ‘easy’ for these people.



“A lot of people in Australia have an entitlement mentality,” says Nathan Birch, co-founder of Binvested and property investor with over 200 properties.

“They think that they have a right to buy a large, desirable home, in a central location.”

Having safe shelter is a basic human right, but, buying a home of your own is a luxury, not an entitlement.

Properties are commodities – just like any other type of goods for sale. They are worth money – and the amount they are worth is dependent on the consumer market in which they are positioned.

There is no escaping this fact.

You can’t have affordability, without compromise. Either you sacrifice something from your lifestyle, to free up cash. Or you adjust your standards, to something more realistic.

Nathan says, “Even though I had dozens of investment properties I was still living with family or was renting. That’s because I made compromises along the way, to achieve my end goal, my dream home”.

Not convinced yet? Do you still feel you are a victim of the system? Well if that belief helps you sleep at night then keep it. However, if it gets you angry and frustrated then you need to stop thinking like a victim.

Once you learn to think outside the sad story told by the media every month or so, buying your own home becomes a matter of strategy…



Interest rates are currently at a historical low. Repayments are relatively much less than what they were 17 years ago in 1990.

Just think, if you were paying 20% interest on your $200,000 loan in 1990 that would have been $40,000 per annum.

Compare this with paying 4% on a $1 million loan in 2017. This would also equate to $40,000 per annum.

The only difference is that $40,000 in 1990 would equate to more than $75,000 in today’s money.

Okay – perhaps that isn’t the only difference. After all, we are only talking interest repayments here.

To save a 20% deposit for a $1 million house would mean saving up $200,000 – that’s a lot! Understandably it would take a long time.

Also, the principal repayments on the remaining mortgage are considerable.

Which is why strategy is so essential to successfully securing your very own home.




Nathan began his journey as a “rentvestor.” Knowing that he couldn’t afford to buy the sort of house he wanted to live in, he began purchasing investment properties in affordable areas.

By purchasing properties that had a good cash flow, strong growth prospects and could be bought under market value, Nathan built a foundation portfolio and had exited the work force by age 24.

Now, at the age of 31, Nathan is finalising plans to build the mansion of his dreams.

Together with fellow young investor, Daniel Young, Nathan started the Binvested group of companies to help other Aussies achieve financial independence through property investing.

Nathan says around 80% of Binvested’s clientele are aged between 20 and 40.

He says, a lot of his clients can’t afford to buy their own home, so they build a portfolio of affordable properties instead. The capital this generates can be used to fund the purchase of their dream home soon after.

Nathan’s advice to those who think it can’t be done?

“Excuses do not pay the bills.”


Nathan says, when it comes to property investing, “The most important thing is to have a plan.”

There is no quick trick or one-size fits all approach to investing. In order to be successful, you need to know your current financial position and exactly what you would like to achieve.

And, just because you live in Sydney, don’t think that you are priced out of the market. There are other metropolitan areas in Australia where you can still buy properties for around $200,000.

You just need to know where to look.



Customer Service Manager for Zinger Finance, Yesim Sepek, like many people her age, didn’t have the deposit or income to buy a home in Sydney. So, in order to buy a property in Sydney, she needed to think outside the box.

With the help of Binvested, she and her younger sister, Derya, embarked on an ambitious plan.

The plan was to buy an old home in Western Sydney and knock it down, subdivide it, and build two new townhouses for a profit. Once developed and sold, the townhouses are expected to create $300,000 in profit, after all expenses. Not bad!

To get the foot in the door, the girls borrowed the $60,000 from their mother as a deposit. Understandably a large sum, they intend to pay their mother back in full as soon as possible.

She expects to be able to pay back the original loan within 12 months of having bought the house by using the profit from the sale of the development. Any remaining profit will be split between the sisters and to get them ahead with their own home ownership dreams. 

By thinking outside the square, at just 25, Yesim used borrowed money to create wealth, quicker than she would otherwise have been able to save it. Her story is just one example of the opportunities available right now for those willing to take them.

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