Success Story


Welcome to another cracking ADF Housing Investment Property Success Story!
This is the second property with Axon for Dan and Kelly. Dan is a middle-ranking Airforce Officer and Kelly is an Exercise Physiologist. They live in Canberra and have 2 kids, 8 and 10.
Their first property was completed with Axon in April 2021. That has risen in value by approx $200K. Happy days!
Before that property was even completed, we put a plan in place to acquire the property you’re seeing here. I learnt something about the impact of concurrent activity in the ADF…
What you’re seeing here is the outcome of IP#2:
  • Purchase price: $480K (FULL turn-key package, ducted a/c)
  • Site start: Sept 2021
  • Key handover: Aug 2022 (incl. 70 days of construction delays)
  • Expected rent at EOI: $410pw
  • Actual rent: $550pw (it took only 7 days to find tenants!)
  • Comparable properties a few streets away are now selling for approx. $630K!

This design and floor plan is one of the most popular with this builder. Check out the chrome/tiles fixtures and fittings, coupled with the pendant lights above the kitchen bench – timeless beauty right there!

This property is located within a massive master-planned community in Brisbane’s western growth corridor. It’s little wonder why Dan and Kelly are so happy with this outcome of the combined capital growth and extra rental income! 

You will note that Dan and Kelly are definitely using our services again. Their estimated net position since coming to us is the better part of $350K in front!

Looking ahead, Dan is pretty confident of getting tenure at RAAF AMB in a couple of years, whereby he and Kelly will focus their attention on building their dream home… think acreage, peace and quiet – all with a big, beautiful house sitting pretty. The actions they have taken over the last 3 years have significantly contributed to this! How bloody good?!

As Dan said during their recent end-of-build-coaching: “it’s not bad being under 40yo, 2 x great investment properties and a promising future ahead”. Simply, I could not agree more!

Let us know what you think of this property and this success story!