Success Story

ADF HOUSING INVESTMENT PROPERTY: SUCCESS STORY #6

Your ADF Housing entitlements will give you a distinct competitive advantage over most civilians – and that is why we come across so many members wanting to grab hold of them ASAP. 

However, it is quite common to use them in the wrong locations – like we have seen so many times before in TVL, DWN and Perth.

Why do we love this community so much? Because it is absolutely built with medical, retail, education and transport in mind… the exact employment drivers that we speak about in our seven ingredients to a healthy market.
 

Investment Property Success Story Details: 

  • Purchase price: $475,000
  • Deposit required: 5% deposit ($23,750) + stamp duty ($600) + loan establishment fee ($500) + solicitor fees ($2,000) = $26,850
  • Entitlements gained: HPAS (~$11K) + QLD FHOG ($15K) + HomeBuilder Grant ($25K) + First Home Loan Deposit Scheme (~$14K saving) = ~$65,000
    *Yes – this approach meant that there was more $ in grants and savings than the actual deposit… How good!!!*
  • Date secured: 19 June 2020
  • Settlement date: 16 October 2020
  • Construction start: 19 November 2020
  • Handover date: 19 May 2021
  • Holding cost: $1,693pm – $195pm (DHOAS) = $1,498pm
  • Expected rental income (from 2023) = $460pw = $1,993pm
  • Estimated current value: $550,000 ($75,000 in equity)

When this high flying officer posts out of SE-QLD, this property will be geared exceptionally well allowing her both the equity and the cash flow to continue developing her portfolio. If you are posted to (or incoming to) SE-QLD and you are planning to get started on your wealth creation journey, make sure you watch our free content BEFORE you start using your entitlements. 

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:

ADF Housing: Investment Property Success Story #92

This is a success story that emulates the changing circumstances of life many of us go through…

BLUF: Katie has recently refinanced this amazing investment property to her name, even though she and her previous partner, Ben, built 🏗️ the house as a couple.

After being referred to us by Laura (last week’s success story!), Katie and Ben came to Axon in April 2021. They were both Navy members, living in Sydney and in their early 20’s.

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ADF Housing: Investment Property Success Story #91

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

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ADF Housing: Investment Property Success Story #90

This is one hell of a bitter-sweet success story… keep reading this one. I’ll take you on a journey!
Justin has served 16 years in the Army. Cat, a veteran herself, is a superstar mum and she is a weapon medical receptionist. Justin pulled the trigger on his ADF housing entitlements back in 2013 when he was posted to Enoggera. That property, in a blue-chip area of North Brisbane, performed very well for them.

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ADF Housing: Investment Property Success Story #89

This is a success story like no other… these superstar clients are at the top of the Axon pile regarding the number of properties acquired using our services. 🎉 You have read about their evolving portfolio over the years, and here we are showing you IP#4. Number 4!

Approx. 12 months ago, I completed the success story for IP#3 with this: “Looking ahead, Aaron and Meggan have commenced the build for IP#4. Aaron is on a ship for the next 5 months, so Meggan will do this build with Axon solo. They have already secured an EOI for IP#5. Once these houses are sitting in the market, they’ll likely start a family.”

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ADF Housing: Investment Property Success Story #88

Chris and Erin first came to us back in Oct 2021. One of Axon’s previous team members (Adam) sent them our way, which we are very grateful for. 🥲 As you know, the Defence community is very small and everyone knows someone…

Both serving in the Army, they were living in Sydney. Chris was providing expert signal capabilities at Holsworthy, and Erin was a weapon Clerk (on MAT Leave at the time). They had IP#1 already, a unit in Liverpool, which was Erin’s own home from 2017. Chris had already commenced scoping 🔭 for jobs to support his likely separation from the ADF. He said something like, I can’t go back to normal Army after serving down here for the last few years. Yep, that sentiment certainly resonated with me!

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ADF Housing: Investment Property Success Story #87

We first met Luke and Anika in back Sept 2021. I’ll jump straight to now and let you know a LOT has happened since our first meeting – let me take you on their journey…

Situation: They’re living in Brisbane, Luke was in the Army, with 15 years under his belt. He was attempting to transfer to the RAAF. Anika is a Registered Nurse, specialising in Midwifery. They’re married with no kids, yet ‘family planning’ is underway.

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