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ADF HOUSING INVESTMENT PROPERTY: success story of RAAF Engineer & bUSINESS dIRECTOR
Luke and Megan came to us in March 2024. Luke is an Engineer in the RAAF with more than 12 years of service, and Megan was a Director in a family business.
Living in Canberra with Rental Assistance coming in, they were the stereotypical DINK couple enjoying the subsidised cost of putting a roof over their heads. With a very good money 🧠 mindset and savings habits, they wanted to put a plan in place to acquire their first investment property.
One of their goals was to create intergenerational wealth for their (soon-to-be) growing family.
Side note: I LOVE it when couples are already financially planning for their kids that have not joined them yet!
After watching our online training, we created a plan for Luke and Megan to buy their first investment property. Wait until you see the images – this property is stunning!
- Purchase price: $663K (165m block, 156m two-storey 3/2/2 terrace, full turnkey)
- Start of construction: July 2024
- Key handover: May 2025 (no build delays, it takes awhile longer to build a two-storey dwelling)
- Rent: $650pw
- Value now: approx. $775K (which is great considering the build was only complete a few months ago!)
This property is located in a massive master-planned estate in SEQLD. It’s also located VERY close to amenities, which will drive demand for years to come! Take a look at the image I have included that shows the excellent location. 🌴
Many of you would scoff at a small block and a 3Br house. Yet, here we are again demonstrating that buying a property, within your budget, in the right LOCATION, is all that matters…
Looking 🔭 ahead, Luke and Megan are pregnant with their first child. Now living in Brisbane so Luke can contribute to some strategically important projects, they are getting their numbers crunched for the purchase of IP#2.
Let us know what you think about this outstanding property and Luke and Megan’s journey! 💥
Ready to Build Your Own Property Success?
Luke and Megan’s story shows that planning, strategy, and the right guidance can turn smart savings into real property growth, even before your family starts growing!
At Axon, we help everyday Australians, including ADF members, build structured, long-term property portfolios with a focus on location, finance strategy, and sustainable growth. From education on your unique ADF housing entitlements and planning through to property selection, purchase, and ongoing portfolio management, we guide our clients every step of the way.
If you’re ready to take control of your financial future and start building a property strategy that works, watch our free training videos today. When you’re ready, book a strategy session with our team and let’s map out what’s possible for you.
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