When Paresh arrived in Australia in 2004 as a student, he came with dreams of studying accounting and a love for cricket. Two decades later, his journey has turned him into a property expert and buyer’s agent, guiding others through the complex Australian real estate market.
Early Property Lessons
Paresh’s first home purchase came in 2011—a $370,000 auction property in Sydney. While it was a fair deal, he soon realised he could have chosen a suburb with stronger growth. This motivated him to learn deeply about property cycles and investment strategies.
In 2015, he bought a townhouse in the Gold Coast for $42,000, renting it out for $790 per week. Over time, its value grew to $900,000 with $1,100 weekly rent. What started as a basic investment became his first lesson in positive gearing and capital growth.
Challenges for Buyers in Australia
Buying property in Australia - especially in Sydney is tough. With median house prices around $1.7 million in 2025, affordability is the biggest challenge. Beyond deposits of $170,000, buyers face $70,000–$80,000 in stamp duty.
Other hurdles include:
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Slow wage growth and rising inflation
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Limited awareness of property data and cycles
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Emotional attachment leading to overpaying
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Safety and school concerns in affordable suburbs
No wonder 41% of NSW buyers now purchase outside the state, seeking better opportunities.
The Role of a Buyer’s Agent
Learning from his own journey, Paresh became a buyer’s agent to help others avoid costly mistakes. Unlike seller’s agents, buyer’s agents work only for buyers—ensuring they don’t overpay and guiding them with research, data, and off-market opportunities.
They provide:
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Market insights on the right suburbs and states
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Advice on ownership structures (individual, company, trust)
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Access to off-market deals through strong agent networks
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Practical decision-making free from emotional bias
As Paresh says, “Money is made when you are buying the property, not when you are selling.”
Smart Investment Strategies
For new migrants and first-home buyers, Paresh recommends:
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Rent-vesting: live in Sydney while renting, but invest in affordable states with land-rich properties.
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Focus on land: houses with a land component offer better long-term growth.
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Use data & research: study property cycles and projections before buying.
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Seek expert help: mortgage brokers, accountants, and buyer’s agents save time and money.
Key Takeaways
Paresh’s 20-year journey shows that anyone can succeed in Australian real estate with patience, research, and expert advice. His story highlights the importance of buying the right property at the right time, not just buying for the sake of ownership.