Home Australia Young Aussie shares how she bought a home for just $15,000 in Sydney – but there’s just one major catch

Young Aussie shares how she bought a home for just $15,000 in Sydney – but there’s just one major catch

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Zahli (pictured with her house) said she and her partner spent $35,000 replacing the house

A Sydney jewelery designer has come under fire after claiming she bought a beachfront home for just $15,000, only to reveal there was a major problem.

Zahli shared a video showing the house she and her partner “bought” at a holiday park in Wisemans Ferry, a town on the northern outskirts of the city.

However, it was later revealed that the couple had rented land at a water ski park that only allowed them to stay on the premises for 180 days a year.

Zahli and her fiancé, who co-owns a construction company in addition to her jewelry brand, spent two years trying to buy a house in the city.

However, they were repeatedly outbid or rejected because they were self-employed and paying “crazy” rent for an apartment on the Northern Beaches.

“So I started looking for alternative ways of living and Since my fiancé loves wakeboarding and water skiing, I was introduced to this whole idea of ​​water ski resorts. Basically, tourist parks with multiple lots where you can build your own house, facing the sea,” Zahli explained.

Prices for land surrounding the popular water park vary greatly, with some costing up to $200,000.

“Because we own a construction company, I thought, ‘show me your worst piece of land with your best view,’ and that’s when they showed us this glam, which was literally uninhabitable,” Zahli said of their new home.

“But she was $15,000, so we bought her and immediately started tearing her down.”

The couple had initially planned to build a house on the land, but ended up subcontracting a two-bedroom expandable home for $35,000, which had the advantage of being easily transportable, as Wisemans Ferry is prone to flooding.

However, the business owner was quickly accused of “misleading” viewers by beginning her video with the following statement: “I bought a house in Sydney for $15,000.”

‘So what do you do when you can’t live there 365 days a year?’ said one person.

‘I don’t think you really own the land when you do this. “It’s nice if you have extra money for a weekend, but it’s not a good investment,” wrote another.

‘Don’t those ski parks only have a 180-night occupancy like the caravan parks?’ a third commented.

Zahli addressed the comments in a follow-up video and clarified that she and her partner rent the land under an annually renewed contract.

“I didn’t expect that post to get so much traction,” he said.

Zahli (pictured with her house) said she and her partner spent $35,000 replacing the “uninhabitable” house on the lot with a new two-bedroom house.

‘While the statement “I bought a house in Sydney for $15,000” is correct because I bought the house at the top of the lot, I totally understand how that could be misleading, but that was not my intention.

“I just wanted to show a way you can get your own home through different avenues if you’re struggling to buy one in Sydney, like many of us.”

Zahli then further explained the details of the couple’s lease to help anyone considering purchasing a holiday park lot.

‘Part of the lease is that we can only live there for 180 days a year. “It’s perfect for us because we will spend there mainly on weekends,” he said.

“We pay taxes quarterly and if you divide it into weeks, it works out to less than a quarter of the rent for a two-bedroom apartment.”

Zahli also addressed commenters who said the lease was a “bad investment.”

“All the people who say, ‘What about investing? It is the land that is valued,” he said.

“You’re assuming I bought it as an investment, and while I would never want to lose money on it, my fiancé and I bought it so we could spend weekends there, make memories and enjoy life on the river.”

A Sydney couple rented a house at a ski park in Wisemans Ferry for $15,000 (pictured, a holiday park in Wisemans Ferry)

A Sydney couple rented a house at a ski park in Wisemans Ferry for $15,000 (pictured, a holiday park in Wisemans Ferry)

Others applauded them for finding a “creative” way to enter the real estate market.

‘Good for you! People should share more information like this, as it is very easy to go into a state of panic just trying to stay afloat; There are alternatives to the norm. The fact is, it’s yours,” one wrote.

‘I can’t believe how negative some people are. “I’m so proud of you, we’re all fighting,” said another.

“Calling it Sydney is a stretch but it’s worth the trip for that lifestyle and affordability,” wrote another.

‘Pivoting when things weren’t working – I love it!’ said another.

Daily Mail Australia has contacted Zahli for further comment.

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