How a 35-Year-Old Saved $80,000 and What It Teaches Us About Buying Property

Saving for a home in Sydney can feel impossible. Rising living costs and high property prices put pressure on anyone trying to get ahead. But with the right mindset and habits, it is possible to build a strong savings base and take the first steps toward buying your first home or investing in property.

A Simple Approach to Saving

When asked how he saved $80,000 by the age of 35, one Sydney resident’s answer was straightforward.He avoids spending on expensive things and only buys when he really wants something. By focusing on what matters and avoiding impulse purchases, he has built a solid financial foundation.

This approach may sound simple, but it is powerful. It shows that you don’t need a huge income to save effectively. What matters most is consistency and being clear about your priorities.

Working and Living in Sydney

This saver works at Lowe’s and enjoys his job. Like many Sydneysiders, he finds the city expensive.However, he also points out that “if you know where to look, it’s really okay”. This reflects a key point for anyone trying to save in a high-cost city: knowing how to find value makes a big difference.

The Property Goal

At the moment, he has no investment properties or other major assets. But when asked if he would like to get into property, he says, “If I find out about it, maybe.” This shows a common challenge — many people are interested in property but unsure how to start.

That’s where knowing the right entry points becomes important. Property investment and buying your first home don’t have to be out of reach, even in Sydney.

Watch the interview on TikTok

Entering the Market with a Small Deposit

Saving $80,000 takes years, but the property market moves quickly. If you wait until you have a full deposit, prices may rise beyond your reach. That’s why many buyers now explore options like buying off the plan.

Buying off the plan means committing to a property before it’s built. This can lock in today’s prices and give you time to save while it’s being constructed. For first home buyers, it’s a chance to secure a home with less upfront cash.

How Coposit Helps First Home Buyers

Coposit helps Australians enter the property market with as little as $10,000. Instead of paying the entire deposit upfront, you pay it in smaller, manageable weekly instalments while your off-the-plan property is being built.

This approach is designed for people like our 35-year-old saver — those who are disciplined with money but don’t yet have a full deposit ready. With Coposit, you can:

• Secure a property with a low initial payment
• Spread the rest of your deposit over time
• Avoid missing out while prices keep rising
• Enter the market sooner without needing to borrow extra for your deposit

Why Off the Plan Could Be the Right Choice

For buyers who have good saving habits and stable income, buying off the plan offers several advantages:

• Locked-in price: Avoid future market increases during the build period
• More time to save: Pay the balance of your deposit gradually
• New build benefits: Modern design, warranties, and lower maintenance costs
• Government incentives: Potential access to first home buyer grants and stamp duty concessions

Final Word: Turning Savings into Property Ownership

Having $80,000 in savings is an impressive achievement, but you don’t need to wait until you reach that figure to buy your first home. With the right tools and strategies — like Coposit’s pay-as-you-go deposit model — you can start your property journey sooner.

If you want to learn how Coposit can help you buy your first home or invest in property off the plan, download the Coposit app today and see what’s possible.