Brisbane couple Roxana Nae and Corey Allen shared news of their home purchase
While friends announced babies on the way, Brisbane couple Roxana Nae and Corey Allen shared their own big news: “We have a…mortgage!”
The social media post celebrating buying their first home together quickly gained popularity for its humor and relatability, as crippling unaffordability often forces young Aussies to choose between starting a family or entering the property market.
The 40-year-olds filmed a cheeky video of them hugging in front of the ‘sold’ sign in their newly acquired home, in a style similar to popular pregnancy announcement posts.
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The couple outside their Springfield Lakes estate
“Everyone’s having babies. We’re in debt,” the caption read.
“Still excited. Still proud. Still a little stressed.”
“You got me right,” said one follower.
“That’s a really big baby,” another joked.
Ms. Nae said the 30-year loan commitment they took on seemed akin to raising a child.
“We’re not having any babies for a while, but this feels the same because it’s a big mortgage and it’s such a rollercoaster of emotions.”
Ms Nae moved from her native Italy a decade ago and said the great Australian dream of home ownership was not shared in Europe, where many people rent long-term until they inherit a property.
Ms. Nae is a small business owner, while Mr. Allen works for a mining company
The exercise massage therapist opened her own business in Bowen Hills in 2024.
Mr Allen, who works for a mining company, was keen to build their wealth through real estate. They brought in real estate agent Justin Forbes to compare financing options and brought in buyer’s agent Lauren Jones, who bought their Springfield Lakes home for about $1.1 million.
Although it was their first purchase together, Mr. Allen also owns a home in Clayfield.
“Our broker told us the maximum amount we could borrow and we said, ‘Okay, we don’t want to go to our maximum so we can easily pay our repayments,’” Ms. Nae said, adding that they used a spreadsheet to manage their expenses, dividing their loan contributions in proportion to their disparate income.
“I had no idea what I was getting into, but Lauren guided us and we managed to buy the house in three weeks,” she said.
Home prices in Springfield Lakes rose by more than 10 percent last year
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Despite their careful research before purchasing, Ms. Nae admitted, “Corey is sweating at the thought of our refunds.”
The four-bedroom, two-bathroom home currently rents for $750 per week and will be available for rent starting in March for $875.
PropTrack data shows that Springfield Lakes home prices have risen 11.5 percent since last year to an average of $860,000, while rents have increased 8.3 percent.
The latest data from Compare the Market shows Queensland has recorded the largest increase in loan repayments in the country over the past decade.
Queensland homeowners have been hit by the biggest increase in loan repayments in the past decade
The analysis of Australian Bureau of Statistics (ABS) figures showed Sunshine State homeowners were paying $22,000 more annually for an average home loan, compared to the national increase of $19,000.
In Queensland, the average home loan rose from $358,000 in 2015 to $687,000 last year, an increase of 92 per cent.
Queenslanders paid an average of $3,901 a month in 2025, up from $2,024 a decade ago – a peak of $1,877.
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