Mandy, NSW

Property Purchased:

Newcastle, NSW

Property type:

House

Purchase Price:

$420,000

Rent:

$480 pw

Mandy – 38, Wolli Creek, Sydney

Migrated from Hong Kong in 2007
Wasn’t in a financially confident position after being made redundant
Never considered property investment apart from her home, but wanted to be able to fully utilise her limited resources to build wealth
Was introduced to Binnari by her financial planner

Results

Rented within first week of settlement
Increased in value by 150% within the first 7 years
Cashflow positive by $80 per week after tax

Challenges and concerns

Having a Chinese background Mandy didn’t grow up in an environment that encouraged her to reach out to a financial planner and start building wealth at a younger age. After working in Australia for a couple years, Mandy was made redundant and in her package was a referral to see a financial planner. She wasn’t confident that she had enough money to invest due to having a mortgage on a house in Sydney.

“I didn’t think it would be worthwhile seeing a financial planner as I was quite limited with the amount of money I had and thought financial planners were only for wealthy people. However, I still decided to reach out to Montara (Binnari’s sister company) to share my situation. I’m from Hong Kong so financial planners weren’t popular. Montara conducted a risk assessment and looked at my financial behaviour and explained that I have the option to invest my money to build wealth”.

“They ended up advising me that property investment could be beneficial for me in the long run whilst not affecting my current mortgage and life in general. This started to open a lot of doors for me”.

After 5 years of living in Australia Mandy wanted to fully utilise her limited resources to build wealth.

“I didn’t know what I wanted to achieve but I knew that I needed to grow and get my life moving. I worked out that my career may not be enough to do this as I still have a long way to go as a new arrival in Australia, so property investment was probably my only option due to my limited choices and due to my family having quite a few liabilities. I knew that this property would give me a base to generate income or maintain wealth”.

Mandy was concerned about her current mortgage and didn’t like the idea of having another.

“I did have some concerns before going ahead with purchasing an investment property. First the model is quite new to me and also I thought I might lose in the investment game. I thought if I keep the money in the bank I will always have it, but I have to thank Montara who gave me a safety net and found ways to minimise my risk after just being made redundant. Also I thought, what, and where am I going to invest in? I hardly knew the Australian property market and was struggling to even get my first home, so it was a wild guess for me to trust the advice I was receiving.”

How We Helped

Working with Binnari

“I’ve always focused on my current situation – where I’m working and living. I never thought ahead, but Binnari gave me a lot of options in terms of location, the type of property and my financial goal to generate rental income or capital gain. I have to give them credit as they allowed me to open up my eyes to investing in a new country that I don’t know too well.”

“To go through the whole process so quickly is amazing. Binnari guided me the whole way and provided me with so many options that suited my situation. I was never forced to make impulsive decisions – I really appreciate that”.

“Throughout the whole process I would see different information and opinions about the property market on the internet and would ask Binnari a lot of questions if I was ever confused. They were always able to answer my questions and address my concerns with backed up research.”

“Seeing a financial planner and investing in property means there are always a lot of options. I have my own information from the internet but I need to use professional advice even if the building I am investing in isn’t sitting next to me. I was concerned about the property being off the plan as there were so many contractors and people to deal with, however, Binnari dealt with them directly and sorted out any issues giving me options to choose what I want to do. This whole experience has been painless”.

Property Selection

Mandy ended up purchasing house and land in Newcastle.

“I was initially concerned about the amount of land available in Newcastle, but Binnari chose a unique location with a lot of character assuring me that even though Newcastle may introduce future developments, the quality of my property will stand out – that was reassuring.”

“When you work with Binnari they give you a full plan. Not just the purchase, but they also very thoughtfully assist with finding a tenant and a property manager. They gave me options on who to manage the property but left me to decide based on my preference. They also gave me a heads up on the maintenance I had to do once or twice year so I was prepared. They also gave me reassurance when they provided solutions to any problems that may arise such as not being able to find a tenant and ensured that I knew what step to take next if any problems did pop up.”

“Binnari actually drove with me to Newcastle to show me the property, its area and the city. They described the habits of the local buyers and I was able to put myself in the shoes of a local on top of all the information and data they gave me prior to visiting. This gave me an idea of how the property will perform.”

The Outcome

The property more than doubled in value over a 7-year period. During her ownership Mandy has had very little maintenance enquiries to deal with and the estate she purchased is extremely sought after by local owner occupiers. She plans to hold the property for the long term as it remains cash flow positive and is a key part of her long term retirement strategy.

“Many people think they don’t have the capacity to invest in property, but I would say when working with Binnari you need to open your mind, let them do their job and the impact will be phenomenal. Even if you don’t end up going ahead with purchasing a property, you will still have much more understanding of your financial situation as well as the property market. So having that conversation is important. Investing in property is scary and that’s why its important to be working with a good partner like Binnari.”

“The outcome was outstanding, the relationship was outstanding and Binnari are very professional in not only the property market but in how they communicate with you, the advice they provide, the integrity. They approach any issues proactively and always find a solution – they do the negotiating for me.’

“I come from a Chinese background in lower class living. My family has never been able to buy a property before so to come from this background and to come to Australia with $2000, I’ve basically made an impossible situation possible. So to go from having $2000 to owning properties is …If I had stuck with what my family told me what to do I would still have the redundancy money in my bank account. I used to think doing nothing and not losing the money was the best option”.

Find out how we can help you

Hear from Mandy

“The difference between Binnari and other property advisors is that they actually take you as an individual with a particular situation and not only act as advisors but as friends and a mentor in educating me on the property market”.

Hear from Mandy

“If it wasn’t for Binnari, I wouldn’t have been able to get my first investment property and future properties too. It basically changed my life”.

Hear from Mandy

“I come from a Chinese background in lower class living. My family has never been able to buy a property before so to come from this background and to come to Australia with $2000, I’ve basically made an impossible situation possible. So to go from having $2000 to owning properties is …If I had stuck with what my family told me what to do I would still have the redundancy money in my bank account. I used to think doing nothing and not losing the money was the best option”.

Hear from Mandy

“The Binnari team explained their research process that compared the different property markets and how areas with a high concentration investors don’t tend to experience the same capital growth as areas dominated by owner-occupiers.”

Speak to our team today

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Get to know your investment objectives
Take you through Binnari’s unique investment approach
Preview specific properties that match your investment strategy

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Google Rating

5.0

Binnari Property

Based on 95 reviews

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Andrew West

2 years ago

Outstanding Property Investment Partners!

Working with the team at Binnari Property has been an absolute game-changer for us at DeMarque Finance. Their professionalism, market insights, and client-focused approach are unparalleled.

Their ability to analyze markets and identify high-growth opportunities has consistently impressed us and our clients. What stands out the most is their rigorous due diligence process—ensuring only the best investment options are presented. This aligns perfectly with our values of trust and quality service.

As a finance partner, we’ve seen firsthand how Binnari’s expertise and strategic connections deliver exceptional outcomes for property investors. If you’re seeking a team that combines research, industry relationships, and an unwavering commitment to client success, look no further than Binnari Property.

Highly recommend them to anyone serious about building long-term wealth through property!

– Andrew West, DeMarque Finance

Claressa Roderick

Working with Binnari Property has been a fantastic experience. From our initial introduction to the property review and the comprehensive market research provided, we felt confident and well-supported throughout the decision-making process. The entire journey, from investment selection to house purchase and settlement, has been smooth and seamless. The team has consistently communicated efficiently and at a high level, ensuring every detail was clearly understood. The time they dedicated to analyzing the property market and sourcing locations that fit our budget was truly impressive. I look forward to making future purchases with Binnari Property.

Ed Bassingthwaighte

The team at Binnari has been amazing, highly recommend them. Their attention to detail is incredible and I love the fact that they sort property solutions across all of Australia.

Sam Knowlton

Dave & Dom have been excellent to deal with. I could not be happier with their service & their professional approach. I would highly recommend them to anyone look for investment advice.

Cinta Hervàs Muria

Melinda Larriera

Purchasing an investment property with Binnari was a great experience. Quality products in research backed prime locations, with brilliant service along every step of the way. Can't recommend Binnari enough for those looking to invest!

daniel studdert

The team at Binnari are absolutely fantastic! They offer great advice, and I was impressed with their professionalism and communication throughout.

Hana V

i have been a referer to Binari for the last 4 years. I find the team very professional and the stock they organize for clients is always a high quality product. very happy with this organization.

Melinda Cartmer

Could not speak highly enough about the team at Binnari. Dom has been a pleasure to deal with during the process of purchasing our investment property. They made it a seamless process from begin to end, and we are extremely happy with how the property is performing.

Edward Alexander

Dave, Dom and Jess from Binnari property are great operators. As a partner of Binnari, I can say that they provide an exceptional level of service and professionalism in everything that they do.

we are regularly in contact with clients who have purchased properties through Dave, Dom, Jess and the team, who tell us that they all had a great experience.

Keep up the great work the Binnari Team!

Jordan Berger

I was connected to Dave and Dom through a friend when I asked about how they were managing their family wealth (both of us have your families) and my experience with Montara and Binnari has been truly excellent.

They were able to help us prepare multiple family finance scenarios to look at various ways of using our money and also helped us purchase our first property (which has gone extremely well!)

Highly recommend getting in touch with these guys who have loads more experience in this area than I did and they made the process of investing and financial planning far easier than I expected.

Laura Hastie

My husband and I had an exceptional experience with the team. From our first meeting with Dom, his extensive market knowledge immediately put us at ease, making us feel well-informed before making any decisions. Working with Binnari was an incredibly smooth process. Their communication was excellent, with regular updates at every stage. I always felt we were in good hands, which reinforced our confidence in choosing Binnari.

ricardo giraldo ferrer

My wife and I were first-time investors, and Binnari made the entire process incredibly smooth and stress-free. From the beginning, they guided us step by step, ensuring we made the best decisions from an investment perspective. Their team was always quick to respond to any questions or concerns, and they consistently went the extra mile to provide us with peace of mind. We couldn’t have asked for a better experience as first-time investors. Highly recommend Binnari for anyone looking for professional and reliable property investment advice!

Toby Price

5 years ago

I have found the staff at Binnari have a real focus on providing exceptional customer care. They are incredibly responsive and will follow through with questions or requests. The purchase of my investment property is still pending. Thus far they have made the process very easy and straightforward. We have had a lot of confidence in their property advice. I look forward to completing our purchase and renting out our property.

Niels Willemars

I cannot thank Binnari enough.

Being an expat from the Netherlands, as well as a first home buyer/investor, I had no idea what I was doing. I knew that my first home was not going to be the home I ended up in, so I explained to Binnari that my priority was a good investment return. I thought what I wanted was a 4 bedroom home, but then David laid the facts and figures in front of me, combined with an investment thesis that made complete sense to me, and we ended up buying a luxury apartment in the middle of town, and close to the beach.

The team have always been super approachable, very responsive, and seem to truly want to see their clients succeed.

To top it all off, based off of what similar properties are currently selling for, if we had gone with our original idea, a 10% capital gain to date would have been generous. Instead, one of the similar apartments in our building sold a few weeks ago for just over 29% more than what we paid for ours. I couldn't think of a better start to our first long-term investment.

See you for the next one Binnari!

Pat D

Positives: Professional, Trusted Advisor, Credible, Resourceful

Buying property with ease! Dom and team are well organised, amazingly proactive and fair to say Dom is passionate about property. Absolutely understood our requirements. We were blown away with the property options Dom provided to us, all backed up with credible, solid research on location, amenity, trends etc to support his recommendations. There were no high pressure tactics, support services were recommended but there was no compulsion to use them and there was no buyer’s agent fee for the research. Would highly recommend Binnari to family and friends who are looking to purchase investment property.

Chris Smith

These guys are efficient and know their markets well! They went out of their way to accommodate our busy schedules. They had done their research and had solid facts to support their reasoning on which areas hold the best potential grow. I would not hesitate to use them again to help find an investment property!

Anthony Hanna

Dave and Dom have been excellent during the process of purchasing our first investment property. They presented us with several options that fit our criteria and were not pushy to get us to sign anything.
Dom explained everything very clearly to us and has been very responsive whenever we had questions along the way.
Have recommended them to family members and I will personally be using Binnari again in the future.

P James

Going through the purchase of my first investment property has been made easy and hassle free by the team at Binnari Property. Dominc provided in depth research into multiple properties allowing me to select one in my price range and appealed to me. I look forward to working with them in the future.

Sean Geddes

My experience with the Binnari team has been pleasurable to say the least. I would highly recommend them when looking for property as they pretty much tailored the deal to suit our exact requirements. It would be amiss of me not to say thank you Dominic Cavagnino.

David Muscat

I was keen to get back into some property investing and after hearing about businesses like Binnari I really liked the idea of using a specialist to help in the process. At the first meeting with the Binnari team they explained their methodology, why they focus on certain properties in certain areas, but also took into consideration our financial goals. Coupled with their genuine interest in only offering options that would work I was sold and ultimately selected Binnari to get back into the investment game. Since then, the experience of going through the property selection and buying process has been second to none. Dominic and his team assist in every step ensuring that it proceeds as smoothly as possible and the attention you get remains constant throughout. I highly recommend the Binnari team to anyone looking at investing in property. You won't be disappointed.

Gilly Bear

We were referred to Dominic from Binnari Property by our financial planner to assist us in finding a suitable property to invest within our SMSF. He understood from the outset what we required for our circumstances & timeframe and presented a professional detailed analysis of the Australian property market including metropolitan & regional areas. He proposed a few properties for our consideration based on that analysis and, after some deliberations, we decided to proceed with one of these properties. Being our first ever acquisition through SMSF, we required additional guidance - Christina & Dominic assisted us through the process & liaising with all parties (Seller, Solicitors & Lender) as required. They were always available & very responsive - especially as most of the initial transactions and contract dealings were over the Xmas-New Year period and the timeframes didn't slip. We just settled on the property in Brisbane without once inspecting it due to Covid travel restrictions and couldn't be happier with the outcome so far. In fact, we decided to proceed with another property that Dominic had presented outside of SMSF and this is currently underway. Professional, responsive and genuinely friendly service.

C Rutland

6 years ago

A pleasure to work with. We purchased our first investment property with the help of Dom and the whole process was professional from beginning to end. The depth of market knowledge from Binnari was impressive and all of our questions were promptly answered. Highly recommended for first time investors. Thanks Dom!

Steve Badgery

I would like to thank David and Dom and the team at Binnari Property for the great service they have provided as my partner and I looked to diversify our investment portfolio. Their research and advice has been very useful in our decision making process and our difficult questions and demands were never too much for them. I would highly recommend Binnari Property to anyone looking to purchase an investment property especially in their super fund.

Ardy Powell

Excellent experience with Dave, Dom and the team. Whole process from start to finish made me comfortable in the buying decision, and has enabled me to continue building my investment portfolio with a property in an area I would never have considered, if it weren't for their knowledge and expertise.. Highly recommend.

Alexander Sierra

I recently settled on my first investment property in Melbourne. The process was so easy and simple with Binnari taking care of everything for me. The property has now settled, and I’m really happy with the finished product. I was able to find a tenant straight away which has meant that I have not been out of pocket at all throughout the process.
I’d highly recommend the Binnari team to anyone looking to buy an investment property.

Nicholas Falconer

Thanks Team, amazing to work with

David Spero

I knew I couldn't afford to purchase in Sydney, but I had no idea where to start when it came to researching properties interstate. I'd heard of so many horror stories of buying overpriced apartments, but I was referred to David and Dom from a friend who spoke highly of Binnari. From my perspective, the team were professional, polite, thorough and consultative. I now have a very nice positively cash flowed townhouse in Brisbane and I couldn't thank the team enough for their assistance.

Anna Wilson

I had a great experience working with Dominic and David. It is nice to work with a company who have the genuine interest of the client at the core. Would recommend Binnari Property to anyone looking to start investing in property or those expanding their portfolio.

Ella Rose

Binnari Property have been so great to work with and have had an amazing impact on growing my investment portfolio. Loved every moment working with them!

Luke Elchah

I recently referred my father to meet with Dom and David at Binnari Property. He met with various property research companies before Binnari but found comfort and confidence in their thorough and professional approach to finding him an investment property that would compliment his existing portfolio.
I cannot recommend the Binnari team highly enough. The property itself was rented before settlement at a rate higher and sooner than we expected!
Overall a great experience.

Zane Mateus

I went to Binnari Property last year when I was looking to buy my first investment property. They helped me to understand what I should be looking for and where I should be investing. They took the time to understand my goals and were able to find a property that would help me to achieve them.
So far, my property has been rented since purchase and has already shown some signs of capital growth. I couldn’t reccomend the Binnari team enough and I can’t wait to purchase my second with them.

N C

About a year ago I met with Binnari Property to educate myself on how to start building a property portfolio. They were extremely detailed and helped me to become really comfortable in making an investment decision. They really took the time to discuss what I was looking to achieve and identified a property that would help me to do that.

From day one my property has been rented and has already shown signs of some quick capital growth. I highly recommend chatting to these guys if you’re looking for some guidance.

Blake Horton

8 years ago

Highly Recommend!! Fantastic strategic advice and detailed research around investment properties that made sense to invest in! These guys are the real deal! Extremely happy with Dave and the Team!

Paul G

Highly recommend! I met with David to discuss my financial situation and looking to invest in my first investment property. David was kind and knowledgeable and made everything really simple. He seemed genuinely interested in helping me and growing my wealth. Looking forward to dealing with David and the team at Binnari moving forward!

Karen

Our experience with Binnari Property has been thoroughly positive. The team are wonderful to work with, super responsive to all and any queries during what could have been a daunting process. Thrilled with the outcome and would highly recommend.

Lorraine Ashley

As first-time investors, Binnari Property guided us through everything - helping us to choose a property, explaining every step of the process, making recommendations, and providing any assistance we needed. The team is very professional, friendly and helpful. We would have no hesitation recommending them to anyone.

Tom J

I purchased my first investment property through Binnari Property and would have no qualms recommending them to anyone looking to invest. The team is professional, supportive and friendly and they helped me through the entire process. Thanks guys

Natalie Rachael

I had such a positive experience with Binnari Property. Being a first time investor, I was nervous and slightly hesitant about the whole ordeal. But they really took the time to put my mind at ease, keeping me well informed and feeling confident about my decision moving forward. The team was so knowledgable, and made the entire situation stress-free.
I would happily recommend the Binnari team to anyone.

Gail Mcewen

Binnari Property made the whole process of becoming a first time investor easy. They spend time to explain everything, keep you informed and make the entire process stress free. The team is friendly, knowledgeable and professional. I would gladly recommend the Binnari team to anyone.

Katalina

I had a great experience with Binnari Property - being a first time investor, I was nervous about the process and had no real knowledge about what to look for in a good investment property. The team took the time to explain their research process and were involved at each stage ensuring that the process itself, was smooth and stress-free. Their expertise, in-depth knowledge and professionalism is second to none and I would gladly recommend the Binnari team to anyone looking to invest into property.

More reviews

Mandy, NSW

Property Purchased:

Property type:

Purchase Price:

Rent:

Challenges and concerns

How We Helped

Working with Binnari

Property Selection

The Outcome

Hear from Mandy

Hear from Mandy

Hear from Mandy

Hear from Mandy

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