ADF HOUSING INVESTMENT PROPERTY: SUCCESS STORY OF AN ARMY VET AND NAVY OFFICER

I love compiling success stories for clients who are coming back around a second time… this one is no exception!
Ben is a Veteran (ex-Army Engineer, working ✈️ FIFO in the WA mining sector), and Laura is a 🚢 Navy Officer. Living in Sydney with their 2 kids, they actually came to Axon way back in May 2020.

 
After being coached IAW the Axon model, Ben and Laura built their first property with us in 2021. That property is located in a master-planned community in SEQLD and has risen in value > $250K, with plenty more growth to come! 🙌 It was named IP#2, as they came to us with an investment property in Darwin that they had bought in 2015.

 
In July 2022, we got together and created a plan for Ben and Laura to acquire IP#3. With the feeling of being successful with their first Axon build, some DVA money, and equity from IP#2, their intent to buy again and their finances stacked up easily.

 
𝐓𝐚𝐤𝐞 𝐚 𝐥𝐨𝐨𝐤 𝐚𝐭 𝐭𝐡𝐢𝐬 𝐡𝐨𝐮𝐬𝐞 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐬𝐭𝐚𝐭𝐬:
* Purchase price: $639K (4/2/2 house, FULL turnkey)
* Land settlement: April 2022
* Key handover: Dec 2023
* Same land and build value now: ~$775K+
* Rental income: $640pw

IP#3 is sitting in a very buoyant market, in a different master-planned community in SEQLD. Effectively, Ben and Laura’s investment portfolio is a self-licking 🍦 ice cream, and they’re stoked with their investment portfolio.

 
Their 5⭐ review is: 𝑊𝑒 ℎ𝑎𝑣𝑒 𝑏𝑢𝑖𝑙𝑡 2 𝑖𝑛𝑣𝑒𝑠𝑡𝑚𝑒𝑛𝑡 𝑝𝑟𝑜𝑝𝑒𝑟𝑡𝑖𝑒𝑠 𝑤𝑖𝑡ℎ 𝐴𝑥𝑜𝑛 𝑎𝑛𝑑 𝑖𝑛 𝑏𝑜𝑡ℎ 𝑐𝑎𝑠𝑒𝑠 𝑡ℎ𝑒𝑦 ℎ𝑎𝑣𝑒 𝑚𝑎𝑑𝑒 𝑡ℎ𝑒 𝑝𝑟𝑜𝑐𝑒𝑠𝑠 𝑝𝑎𝑖𝑛 𝑓𝑟𝑒𝑒. 𝐼 𝑐𝑎𝑛’𝑡 𝑎𝑐𝑡𝑢𝑎𝑙𝑙𝑦 𝑡ℎ𝑎𝑛𝑘 𝑡ℎ𝑒𝑚 𝑒𝑛𝑜𝑢𝑔ℎ 𝑓𝑜𝑟 𝑡ℎ𝑒 𝑎𝑚𝑜𝑢𝑛𝑡 𝑜𝑓 𝑒𝑓𝑓𝑜𝑟𝑡 𝑡ℎ𝑒𝑦 𝑝𝑢𝑡 𝑖𝑛𝑡𝑜 𝑚𝑎𝑘𝑖𝑛𝑔 𝑠𝑢𝑟𝑒 𝑒𝑣𝑒𝑟𝑦𝑡ℎ𝑖𝑛𝑔 𝑖𝑠 𝑑𝑜𝑛𝑒 𝑟𝑖𝑔ℎ𝑡, 𝑡ℎ𝑒 𝑓𝑖𝑟𝑠𝑡 𝑡𝑖𝑚𝑒. 𝑇ℎ𝑒𝑟𝑒 𝑖𝑠 𝑙𝑖𝑡𝑒𝑟𝑎𝑙𝑙𝑦 𝑛𝑜 𝑠𝑡𝑜𝑛𝑒𝑠 𝑙𝑒𝑓𝑡 𝑢𝑛𝑡𝑢𝑟𝑛𝑒𝑑 𝑡𝑜 𝑚𝑎𝑘𝑒 𝑠𝑢𝑟𝑒 𝑦𝑜𝑢 ℎ𝑎𝑣𝑒 𝑒𝑣𝑒𝑟𝑦𝑡ℎ𝑖𝑛𝑔 𝑦𝑜𝑢 𝑛𝑒𝑒𝑑, 𝑜𝑟 𝑞𝑢𝑒𝑠𝑡𝑖𝑜𝑛𝑠 𝑎𝑛𝑠𝑤𝑒𝑟𝑒𝑑.

𝐼𝑡’𝑠 𝑛𝑒𝑣𝑒𝑟 𝑓𝑒𝑙𝑡 𝑙𝑖𝑘𝑒 𝑎 𝑏𝑢𝑠𝑖𝑛𝑒𝑠𝑠 𝑎𝑟𝑟𝑎𝑛𝑔𝑒𝑚𝑒𝑛𝑡 𝑏𝑢𝑡 𝑚𝑜𝑟𝑒 𝑙𝑖𝑘𝑒 𝑎 𝑚𝑎𝑡𝑒 ℎ𝑒𝑙𝑝𝑖𝑛𝑔 𝑎 𝑚𝑎𝑡𝑒. 𝐶𝑎𝑛’𝑡 𝑟𝑒𝑐𝑜𝑚𝑚𝑒𝑛𝑑 ℎ𝑖𝑔ℎ𝑙𝑦 𝑒𝑛𝑜𝑢𝑔ℎ.

Fast forward to now, Laura is also a Veteran and the whole family has bought and relocated to their dream property in rural Tassie. Peace and quiet. Bring the kids up with country culture in their veins… we are all so happy for Ben and Laura. 😊