Chantal is proud to own her home
CHANTAL Stevens juggled two jobs and basically dropped her social life to save up for an overseas holiday.
But the 23-year-old gave it all away when she decided to put the money towards her own apartment on the Capricorn Coast.
Despite her occasional splurge in Brisbane, she saved up $12,000 to put towards a deposit and with a little help from her parents, the property management worker became the new owner of a $350,000 two-bedroom unit near Cooee Bay Beach last year.
As the women of today become more independent and career-orientated, a new consumer trend report has revealed the number of women planning on buying property on their own has doubled in the past two years.
Chantal said her parents inspired her to spend the money on property and although the mortgage repayments and body corporate costs are tough, she said buying on her own gave her a strong sense of independence.
“I am proud to say that I’m doing it on my own,” she said.
The recent report released by Splash Consulting Group, which researches female consumer trends, showed that the number of women planning to buy property on their own increased from 16% in 2007 to 29% in 2009.
Sales consultant Andrew Dowie, from O’Reilly’s Real Estate Yeppoon, said there was a common trend towards young single women wanting to get out of home and buy a unit. “They’re young and healthy and want a unit close to the beach for around the $250,000 to $300,000 mark,” Mr Dowie said.
The report found women were very eager to become a part of the property game with an increasing number of women who are earning more than they ever have in the past.2009 MEDIAN UNIT PRICES
October – $320,000
September – $387,000
August – $335,000
July – $340,000
October – $219,000
September – $167,000
August – $167,000
July – $170,000
- figures from RP Data.