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A university student who worked as a barista in between classes for just $18 an hour was able to save a $50,000 house deposit in six months by investing in the stock market and getting a second job.
Adam Feng, 21, who is only in his second year at RMIT University, bought the luxury apartment from the Sky Garden complex in Melbourne's Glen Waverley back in May.
The student, who was tired of living at home with his parents, scored a $510,000 one-bedroom flat at the height of the Covid pandemic by picking up extra hours at his casual job as a barista for just $18 an hour.
Feng also got a second job paying $21 an hour and was able to work 56 hours each week when his classes shifted online due to the threat of the virus.
'I had no social life,' Mr Feng told News.com.au. 'But I saved $50,000 in six months.'
Adam Feng, 21, bought his first apartment while in his second year at RMIT University Melbourne, so he could move out with his girlfriend
