ADF Housing Investment Property: Success Story #23

Welcome to a wonderful Success Story that should resonate with everyone.

Montana is a young Army soldier operating out of Enoggera Barracks in Brisbane. She came to us in June ‘20 to investigate which property option would suit her circumstances to allow her to achieve her goals to the highest level. In her mid-20s, she was on a mission to set up her future now.
 
With a good amount of cash that she had accumulated over the previous years, she was on the starting line to get into the property market. Being posted to Brisbane, she had the option to get started with her HPAS ($11K), QLD FHOG ($15K) and Tier 1 DHOAS (~$200pm).
 
Over a series of coaching sessions with Axon, supplemented by carefully assessing the numbers and cash flow with the mortgage broker, Montana and our team decided that she should holster her ADF housing entitlements and pull the trigger on acquiring a brand new investment property.

 Investment Property Success Story Details:
  • Purchase price: $529,000 (full turnkey, with ducted a/c)
  • Expected rent: $480pw
  • Comparable packages are now selling for approx. $730K!
  • Actual rent achieved: $575pw! (this will go up to around $650pw in a few months!)
 
In anyone’s eyes, those numbers are impressive! The price of land and building costs have gone up a LOT, so she definitely bought at the right time!
 
And, she still has access to her ADF housing entitlements to acquire another property in the future (if adopting that strategy is the best fit).

With such positive numbers and an ongoing solid outlook for the market in her chosen investment location, this property has set the platform for her future. 

Complete Our Free ADF Training!

HOW TO BE A PROPERTY OWNER WITH YOUR ADF HOUSING ENTITLEMENTS: DHOAS, HPAS & HPSEA

In this FREE training you are going to find out: