24yo looking for her third propertySave
By Susan Strongman
She's only 24 but Ashley Verheul owns a home in Auckland, a bach in Pauanui and is looking for her third property.
But it wasn't having rich parents that got her there - she's worked since she was 13, sacrificed nights out and saved like crazy - even putting food low on her list or priorities.
Mrs Verheul bought her terraced townhouse in Botany in 2012 when she was 21 for $378,000, before the 2013 LVR restrictions came in which mean most first home buyers need a 20 per cent deposit. Hers was about 13 per cent.
In November, she used equity from the home to buy a bach in Pauanui for $248,000.
She married her roofer boyfriend over Easter and the couple are now looking at bigger properties in Highland Park and plan on renting out the Botany home.
But with price escalating, they've realised they might need close to $800,000 to buy in the area.
Money was tight when Mrs Verheul's was growing up. She lived with her mother as her parents split when she young.
Her work ethic was evident from an early age when she convinced her mother to move within the zone for Botany Downs Secondary College as her best friend was attending.
"It wasn't cheap to get into the area, and it was a bit of a struggle for me and my Mum to afford to rent a place in zone. I promised her that if we made the move, I would get a job as soon as I turned 13... We ended up renting a two bedroom granny flat on the side of someone's house.
At age 16, Mrs Verheul worked at an after-school care centre five days a week.
When she started studying business management at AUT University she also worked before-school shifts and took on other jobs that fitted into her schedule including data entry for a transport company.
With all the work and study, she was too tired to go out.
"I was so exhausted from working," Mrs Verheul said.
"I didn't want to go out anywhere - which was good for the bank."