Skip to content

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:

Investor Mindset And Property Data

Clearance rates, cash rate moves and population figures are the foundation of any sound property decision. What they can’t show you is how thousands of other buyers will react to the same information next quarter. That gap is where investor mindset does its work, and it’s the reason two people can read identical data and reach opposite conclusions. Here’s how to use both.

Read More »

Not Enough Money To Invest? Do This Now.

Ask a room full of ADF members why they haven’t invested yet and you’ll hear the same answer more than any other: not enough money. It’s an honest answer, and more often than people expect, an unverified one. The gap between where you are and where you need to be is a calculation, not a feeling. Here’s how to find the real number, and what to do with the waiting period once you have it.

Read More »
DHOAS after discharge from ADF

DHOAS After Discharge

We explain the rules that apply for DHOAS after leaving the ADF, what your final certificate means, and decisions to make before discharge.

Read More »