The Active Home Loan Manager

From cherry popping to cork popping: what MAFS’ Troy and Carly need to know about buying in Melbourne


The relationship between Married At First Sight couple Troy Delmege and Carly Bowyer is moving at lightning speed and we’re not just talking about those cherry popping rumours. The surprise couple (who did not actually marry each other on the show) recently revealed their plans to move in together, get hitched IRL and have a baby – all after just two weeks together. #Mafs, gotta love it.

Troy, originally from Sydney, and rumoured to be a virgin up until a fortnight ago, has revealed he is going all the way for his new love and moving to Melbourne to be with her. They’re certainly in for a treat with Troy’s culinary skills (mince and mushrooms, anyone?), his famous teeth-brushing antics and superior taste in fine furnishings.

Mince and mushrooms with cold Dolmio sauce, a la Troy

Dude, you and Colgate need to get a room

Assuming a home purchase is also on the cards for this fast-moving couple, uno Home Loans thought Carly and Troy might benefit from hearing a few property know-hows before they get started.

  1. Melbourne is among the top 15 fastest growing prestige property markets in the world

If Carly and Troy do decide to buy, the good news is their residence of choice is likely to rise in value in coming years. According to real estate agency Knight Frank’s 2018 Wealth Report, Melbourne placed 14th in the world in a list of fastest growing property markets with a 9.8% annual increase in 2017. Although with Troy moving to Melbourne, next year’s results might not be so flush.

  1. Melbourne is cheaper than Sydney

The other good news for Trarly (or should it be Coy?) is it’s cheaper to buy in Melbourne than Sydney, so a move south for the IT accounts manager could mean a faster step onto the property ladder. February 2018 CoreLogic data reveals the median cost of a home in Sydney is $880,743, whereas in Melbourne it’s $723,334. The bad news is Troy’s salary might dip once he leaves Sydney. But whatever the pair can afford, it’s got to be substantially better than Troy’s bachelor pad with that single stove top and faded brown bed sheets, amiright?

Cooking for one… or none

No matter where you are in the world, these bed sheets are gross

  1. Two people buying is better than one – until baby comes along

Assuming they buy property before embarking on their baby-making escapades, they of the “we did agree on four pregnancies” declaration will be able to borrow more from their lender than if they were buying solo. This is because two salaries are better than one and combining Carly’s marketing manager income with Troy’s IT manager salary should amount to a pretty decent packet.

  1. Their borrowing power will drop with each sprog

Once they do have a wee bairn, Troy and Carly’s borrowing potential will drop. This is because their living expenses will increase with each new addition to the family. Lenders work out living expenses based on the Household Expenditure Measure (HEM), which suggests a couple’s average yearly expenses are around $16,000 $35,000 with $3-4000 added on annually for each dependant. With Carly revealing to 9Now that Troy “thinks we’re gonna have six kids,” they might want to get cracking on that home purchase STAT.

Don’t be coy, Coy. Give us a shout when you’re ready to buy. We’re on 133 866.

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Hannah Tattersall worked as a journalist in Sydney, New York and Edinburgh before joining uno as its Content Editor. She has written for The Australian Financial Review, The Sydney Morning Herald, Qantas The Australian Way and In The Black, among other titles, and worked for 21st Century Fox and News Corp. She writes content aimed at buyers, investors, refinancers and anyone interested in the home loan process and welcomes feedback on how we can make uno's content better for you.

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