ADF HOUSING INVESTMENT PROPERTY:
SUCCESS STORY of A Fast Jet Pilot & Registered Nurse

Living in their own home (PPOR) in Newcastle with a couple of teenage kids, they wanted to put a plan in place to acquire their first investment property. Bought in 2007, their PPOR had significant available equity. To complement this, they had excellent money habits with well organised finances and no consumer debt. A very strong position to start this next venture indeed!

 

In their own words for how Jordon and Aletta wanted this play out…

 

𝑊ℎ𝑒𝑛 𝑤𝑒 𝑑𝑒𝑐𝑖𝑑𝑒𝑑 𝑡𝑜 𝑖𝑛𝑣𝑒𝑠𝑡 𝑖𝑛 𝑝𝑟𝑜𝑝𝑒𝑟𝑡𝑦, 𝑤𝑒 𝑤𝑎𝑛𝑡𝑒𝑑 𝑡𝑜 𝑢𝑠𝑒 𝑎𝑛 𝑖𝑛𝑣𝑒𝑠𝑡𝑚𝑒𝑛𝑡 𝑝𝑟𝑜𝑝𝑒𝑟𝑡𝑦 𝑐𝑜𝑚𝑝𝑎𝑛𝑦 𝑡𝑜 𝑒𝑛𝑠𝑢𝑟𝑒 𝑤𝑒 𝑚𝑎𝑥𝑖𝑚𝑖𝑠𝑒𝑑 𝑖𝑛𝑣𝑒𝑠𝑡𝑚𝑒𝑛𝑡 𝑔𝑎𝑖𝑛𝑠 𝑤ℎ𝑖𝑙𝑒 𝑚𝑖𝑛𝑖𝑚𝑖𝑠𝑖𝑛𝑔 𝑡ℎ𝑒 𝑟𝑖𝑠𝑘𝑠. 𝑊𝑒 𝑎𝑙𝑠𝑜 𝑙𝑒𝑎𝑑 𝑏𝑢𝑠𝑦 𝑙𝑖𝑣𝑒𝑠 𝑎𝑛𝑑 𝑛𝑒𝑒𝑑 𝑠𝑜𝑚𝑒𝑜𝑛𝑒 𝑤ℎ𝑜 𝑤𝑜𝑢𝑙𝑑 𝑚𝑖𝑛𝑖𝑚𝑖𝑠𝑒 𝑡ℎ𝑒 𝑖𝑚𝑝𝑎𝑐𝑡 𝑜𝑛 𝑜𝑢𝑟 𝑙𝑖𝑣𝑒𝑠. 𝐴𝑓𝑡𝑒𝑟 𝑠𝑜𝑚𝑒 𝑖𝑛𝑖𝑡𝑖𝑎𝑙 𝑖𝑛𝑡𝑒𝑟𝑛𝑒𝑡 𝑠𝑒𝑎𝑟𝑐ℎ𝑒𝑠, 𝑤𝑒 𝑤𝑒𝑟𝑒 𝑏𝑜𝑚𝑏𝑎𝑟𝑑𝑒𝑑 𝑤𝑖𝑡ℎ 𝑜𝑛𝑙𝑖𝑛𝑒 𝑠𝑢𝑔𝑔𝑒𝑠𝑡𝑖𝑜𝑛𝑠 𝑓𝑟𝑜𝑚 𝑚𝑎𝑛𝑦 𝑑𝑖𝑓𝑓𝑒𝑟𝑒𝑛𝑡 𝑐𝑜𝑚𝑝𝑎𝑛𝑖𝑒𝑠. 𝐼𝑡 𝑤𝑎𝑠 𝑖𝑚𝑝𝑜𝑠𝑠𝑖𝑏𝑙𝑒 𝑡𝑜 𝑡𝑒𝑙𝑙 𝑤ℎ𝑖𝑐ℎ 𝑜𝑛𝑒𝑠 𝑤𝑒𝑟𝑒 𝑔𝑒𝑛𝑢𝑖𝑛𝑒, 𝑐𝑜𝑚𝑝𝑒𝑡𝑒𝑛𝑡 𝑏𝑢𝑠𝑖𝑛𝑒𝑠𝑠𝑒𝑠 𝑎𝑛𝑑 𝑤ℎ𝑖𝑐ℎ 𝑜𝑛𝑒𝑠 𝑤𝑜𝑢𝑙𝑑 𝑒𝑛𝑑 𝑢𝑝 𝑤𝑖𝑡ℎ 𝑢𝑠 𝑜𝑛 𝐴 𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐴𝑓𝑓𝑎𝑖𝑟. 𝑇ℎ𝑟𝑜𝑢𝑔ℎ 𝑠𝑜𝑐𝑖𝑎𝑙 𝑚𝑒𝑑𝑖𝑎 𝑤𝑒 𝑑𝑖𝑠𝑐𝑜𝑣𝑒𝑟𝑒𝑑 𝑎 𝑓𝑟𝑖𝑒𝑛𝑑 𝑜𝑓 𝑜𝑢𝑟𝑠 𝑢𝑠𝑒𝑑 𝐴𝑥𝑜𝑛 𝑎𝑛𝑑 ℎ𝑎𝑑 𝑣𝑒𝑟𝑦 𝑝𝑜𝑠𝑖𝑡𝑖𝑣𝑒 𝑒𝑥𝑝𝑒𝑟𝑖𝑒𝑛𝑐𝑒. 𝐴𝑓𝑡𝑒𝑟 𝑜𝑢𝑟 𝑓𝑖𝑟𝑠𝑡 𝑚𝑒𝑒𝑡𝑖𝑛𝑔 𝑤𝑖𝑡ℎ 𝐴𝑥𝑜𝑛 𝑤𝑒 𝑞𝑢𝑖𝑐𝑘𝑙𝑦 𝑑𝑒𝑐𝑖𝑑𝑒𝑑 𝑡ℎ𝑒𝑦 𝑤𝑒𝑟𝑒 𝑡ℎ𝑒 𝑜𝑛𝑒𝑠 𝑓𝑜𝑟 𝑢𝑠.

 

What you’re seeng here is the outcome of an amazing investment property. Without diminishing our previous success stories, I’m sure you’ll agree that this property is up there with the best one we have found for our clients over the last couple of years… a big call, I know – you be the judge.

 

* 𝑃𝑢𝑟𝑐ℎ𝑎𝑠𝑒 𝑝𝑟𝑖𝑐𝑒: $828𝐾 (243𝑚2, 𝑡𝑤𝑜-𝑠𝑡𝑜𝑟𝑒𝑦 ℎ𝑜𝑢𝑠𝑒, 𝐹𝑈𝐿𝐿 𝑡𝑢𝑟𝑛𝑘𝑒𝑦)

* 𝑆𝑡𝑎𝑟𝑡 𝑜𝑓 𝑐𝑜𝑛𝑠𝑡𝑟𝑢𝑐𝑡𝑖𝑜𝑛: 𝑀𝑎𝑦 2024

* 𝐾𝑒𝑦 ℎ𝑎𝑛𝑑𝑜𝑣𝑒𝑟: 𝐷𝑒𝑐𝑒𝑚𝑏𝑒𝑟 2024

* 𝑅𝑒𝑛𝑡: $700𝑝𝑤 (𝑜𝑛𝑙𝑦 𝑡𝑜𝑜𝑘 𝑜𝑛𝑒 𝑑𝑎𝑦 𝑡𝑜 𝑓𝑖𝑛𝑑 𝑡𝑒𝑛𝑎𝑛𝑡𝑠)

* 𝑆𝑎𝑚𝑒 𝑙𝑎𝑛𝑑 𝑎𝑛𝑑 𝑏𝑢𝑖𝑙𝑑 𝑣𝑎𝑙𝑢𝑒 𝑛𝑜𝑤: ~$1𝑚𝑖𝑙+ (𝑟𝑒𝑐𝑒𝑛𝑡 𝑏𝑎𝑛𝑘 𝑣𝑎𝑙𝑢𝑒 𝑜𝑓 𝑎 𝑠𝑖𝑚𝑖𝑙𝑎𝑟 𝑝𝑟𝑜𝑝𝑒𝑟𝑡𝑦 𝑤𝑎𝑠 >$1𝑚𝑖𝑙)

 

This property is located in a massive master-planned estate in SEQLD.

 

What the photos do not show are the extras that Jordon and Aletta added to the house. EV charging ports in the garage, 3-phase power and an 8.3Kw solar system (to name a few). Along with ~80m2 of back yard, it’s little wonder it was snapped up so quickly by tenants.

 

This is the rest of their 5 review:

 

𝑇ℎ𝑖𝑠 ℎ𝑎𝑠 𝑏𝑒𝑒𝑛 𝑜𝑛𝑒 𝑜𝑓 𝑡ℎ𝑒 𝑏𝑒𝑠𝑡 𝑑𝑒𝑐𝑖𝑠𝑖𝑜𝑛𝑠 𝑤𝑒’𝑣𝑒 𝑚𝑎𝑑𝑒 𝑎𝑛𝑑 𝐼 𝑤𝑖𝑠ℎ 𝑤𝑒 𝑘𝑛𝑒𝑤 𝑎𝑏𝑜𝑢𝑡 𝐴𝑥𝑜𝑛 20 𝑦𝑒𝑎𝑟 𝑎𝑔𝑜. 𝑇ℎ𝑒 𝑤ℎ𝑜𝑙𝑒 𝑒𝑥𝑝𝑒𝑟𝑖𝑒𝑛𝑐𝑒 ℎ𝑎𝑠 𝑏𝑒𝑒𝑛 𝑛𝑜𝑡ℎ𝑖𝑛𝑔 𝑠ℎ𝑜𝑟𝑡 𝑜𝑓 𝑜𝑢𝑡𝑠𝑡𝑎𝑛𝑑𝑖𝑛𝑔.

 

𝑇ℎ𝑒 𝑖𝑛𝑖𝑡𝑖𝑎𝑙 𝑚𝑒𝑒𝑡𝑖𝑛𝑔𝑠 ℎ𝑒𝑙𝑝𝑒𝑑 𝑙𝑎𝑦 𝑜𝑢𝑡 𝑎 𝑓𝑖𝑛𝑎𝑛𝑐𝑖𝑎𝑙 𝑟𝑜𝑎𝑑𝑚𝑎𝑝 𝑓𝑜𝑟 𝑡ℎ𝑒 𝑛𝑒𝑥𝑡 10-15 𝑦𝑒𝑎𝑟𝑠. 𝑆𝑜𝑚𝑒𝑡ℎ𝑖𝑛𝑔 𝑤𝑒 ℎ𝑎𝑣𝑒 𝑛𝑒𝑣𝑒𝑟 𝑑𝑜𝑛𝑒 𝑏𝑒𝑓𝑜𝑟𝑒 𝑎𝑛𝑑 𝑠ℎ𝑜𝑢𝑙𝑑 ℎ𝑎𝑣𝑒 𝑑𝑜𝑛𝑒 𝑦𝑒𝑎𝑟𝑠 𝑎𝑔𝑜. 𝑇ℎ𝑒 𝑔𝑢𝑖𝑑𝑎𝑛𝑐𝑒 𝐴𝑥𝑜𝑛 𝑝𝑟𝑜𝑣𝑖𝑑𝑒𝑠 ℎ𝑒𝑟𝑒 𝑟𝑒𝑎𝑙𝑙𝑦 𝑠ℎ𝑜𝑤𝑠 ℎ𝑜𝑤 𝑚𝑢𝑐ℎ 𝑡ℎ𝑒𝑦 𝑐𝑎𝑟𝑒 𝑎𝑛𝑑 𝑤𝑎𝑛𝑡 𝑡ℎ𝑒𝑖𝑟 𝑐𝑙𝑖𝑒𝑛𝑡𝑠 𝑡𝑜 𝑠𝑢𝑐𝑐𝑒𝑒𝑑.

 

𝑇ℎ𝑟𝑜𝑢𝑔ℎ𝑜𝑢𝑡 𝑡ℎ𝑒 𝑟𝑒𝑠𝑡 𝑜𝑓 𝑝𝑟𝑜𝑐𝑒𝑠𝑠 𝐴𝑥𝑜𝑛 𝑝𝑟𝑜𝑣𝑖𝑑𝑒𝑑 𝑒𝑥𝑝𝑒𝑟𝑡 𝑎𝑑𝑣𝑖𝑐𝑒 𝑎𝑛𝑑 𝑤𝑒 𝑐𝑜𝑢𝑙𝑑 𝑡𝑒𝑙𝑙 𝑡ℎ𝑒𝑦 𝑤𝑒𝑟𝑒 ℎ𝑖𝑔ℎ𝑙𝑦 𝑒𝑥𝑝𝑒𝑟𝑖𝑒𝑛𝑐𝑒𝑑 𝑎𝑛𝑑 𝑐𝑜𝑚𝑝𝑒𝑡𝑒𝑛𝑡. 𝑇ℎ𝑒𝑖𝑟 𝑐𝑜𝑚𝑚𝑢𝑛𝑖𝑐𝑎𝑡𝑖𝑜𝑛 𝑤𝑎𝑠 𝑜𝑢𝑡𝑠𝑡𝑎𝑛𝑑𝑖𝑛𝑔. 𝑇ℎ𝑒𝑦 𝑐𝑙𝑒𝑎𝑟𝑙𝑦 𝑒𝑥𝑝𝑙𝑎𝑖𝑛𝑒𝑑 𝑒𝑣𝑒𝑟𝑦 𝑠𝑡𝑒𝑝 𝑜𝑓 𝑡ℎ𝑒 𝑝𝑟𝑜𝑐𝑒𝑠𝑠 𝑡ℎ𝑟𝑜𝑢𝑔ℎ 𝑜𝑛𝑙𝑖𝑛𝑒 𝑚𝑒𝑑𝑖𝑎 𝑎𝑛𝑑 𝑜𝑛𝑙𝑖𝑛𝑒 𝑟𝑒𝑔𝑢𝑙𝑎𝑟 𝑚𝑒𝑒𝑡𝑖𝑛𝑔𝑠. 𝐼𝑚𝑝𝑜𝑟𝑡𝑎𝑛𝑡𝑙𝑦 𝑤𝑒 𝑤𝑒𝑟𝑒 𝑎𝑏𝑙𝑒 𝑡𝑜 𝑙𝑖𝑣𝑒 𝑜𝑢𝑟 𝑏𝑢𝑠𝑦 𝑙𝑖𝑣𝑒𝑠 𝑎𝑛𝑑 𝑘𝑛𝑜𝑤 𝐴𝑥𝑜𝑛 ℎ𝑎𝑑 𝑜𝑢𝑟 𝑏𝑎𝑐𝑘 𝑜𝑛 𝑜𝑢𝑟 𝑖𝑛𝑣𝑒𝑠𝑡𝑚𝑒𝑛𝑡 𝑝𝑟𝑜𝑝𝑒𝑟𝑡𝑦 𝑏𝑢𝑖𝑙𝑑. 𝐼𝑡 𝑤𝑎𝑠 𝑐𝑜𝑚𝑓𝑜𝑟𝑡𝑖𝑛𝑔 𝑡𝑜 𝑘𝑛𝑜𝑤 𝑡ℎ𝑎𝑡 𝐴𝑥𝑜𝑛 𝑤𝑎𝑠 𝑡ℎ𝑒𝑟𝑒 𝑡ℎ𝑒 𝑒𝑛𝑡𝑖𝑟𝑒 𝑤𝑎𝑦.

𝑊ℎ𝑒𝑛 𝑎𝑐𝑡𝑖𝑜𝑛 𝑤𝑎𝑠 𝑟𝑒𝑞𝑢𝑖𝑟𝑒𝑑 𝑏𝑦 𝑢𝑠, 𝑡ℎ𝑖𝑠 𝑤𝑎𝑠 𝑐𝑙𝑒𝑎𝑟𝑙𝑦 𝑎𝑟𝑡𝑖𝑐𝑢𝑙𝑎𝑡𝑒𝑑 𝑏𝑦 𝐴𝑥𝑜𝑛. 𝐵𝑒𝑓𝑜𝑟𝑒 𝑤𝑒 𝑘𝑛𝑒𝑤 𝑖𝑡 𝑜𝑢𝑟 𝑝𝑟𝑜𝑝𝑒𝑟𝑡𝑦 𝑤𝑎𝑠 𝑏𝑒𝑖𝑛𝑔 ℎ𝑎𝑛𝑑𝑒𝑑 𝑜𝑣𝑒𝑟 𝑚𝑜𝑛𝑡ℎ𝑠 𝑎ℎ𝑒𝑎𝑑 𝑜𝑓 𝑠𝑐ℎ𝑒𝑑𝑢𝑙𝑒 𝑎𝑛𝑑 𝑤𝑒 𝑠𝑒𝑐𝑢𝑟𝑒𝑑 𝑡𝑒𝑛𝑎𝑛𝑡𝑠 𝑜𝑛𝑒 𝑑𝑎𝑦 𝑎𝑓𝑡𝑒𝑟 𝑡ℎ𝑒 𝑓𝑖𝑟𝑠𝑡 𝑜𝑝𝑒𝑛 ℎ𝑜𝑢𝑠𝑒 𝑓𝑜𝑟 𝑟𝑒𝑛𝑡 𝐴𝑥𝑜𝑛 𝑝𝑟𝑒𝑑𝑖𝑐𝑡𝑒𝑑. 𝐼 𝑐𝑎𝑛’𝑡 𝑟𝑒𝑐𝑜𝑚𝑚𝑒𝑛𝑑 𝐴𝑥𝑜𝑛 𝑒𝑛𝑜𝑢𝑔ℎ.

 

Looking ahead, Jordon and Aletta will take a pause on all property matters. This will allow time to pass for Jordan to get clarity on whether he is staying in the ADF come mid-27 or moving on to another career. In the most part, this DP will also drive whether they maintain, upgrade or improve their current house.

 

Let us know what you think about this outstanding property and the associated success story!