WEALTH OBJECTIVES
Dillon and Angela were looking to build wealth for their family’s future, but with a tight budget, young family and a large mortgage, they weren’t sure where to start. Dillon was also self-employed, with no superannuation contributions, so they needed an alternative strategy to plan for their retirement.
Strategy Inclusions
Budgeting
Refinancing
Investment Lending
Property Services
Personal Tax Planning
Wills & Estate Planning
POSITION THEN (2012)
Total Assets: $639,000
New Wealth Position: $136,311
POSITION NOW (2024)
Total Assets: $3,578,000
New Wealth Position: $2,446,000
Dillon and Angela faced the challenge of managing a young family, a large mortgage, and a budget surplus of less than $6,000 a year. Despite these financial constraints, they wanted to invest in property to secure their retirement. We needed to help them find a way to build wealth through property investment, while addressing their budget limitations and ensuring a long-term, sustainable strategy.
KEY MILESTONES AND STRATEGIES IMPLEMENTED
2012 – LAYING THE RIGHT FOUNDATIONS
Whilst Dillon and Angela were keen to invest their limited income and lack of a deposit meant they couldn’t invest immediately. So, the initial strategy involved refinancing their mortgage, creating a clear budget, and managing cash flows. By applying their surplus towards reducing their mortgage, they began building equity in their home to use for a deposit on a future investment property.
2014 – THE FIRST INVESTMENT
With their mortgage reduced, credit cards paid off and equity in their home, they were ready for their first investment. A property was selected with a relatively low purchase price, and a strong rental yield. The ownership was also structured in the most tax effective way to ensure a strong cash flow position. This strategy allowed the family to comfortably maintain their first investment while continuing to pay down their home mortgage and build equity for future investments.
2019 – EXPANDING THE PORTFOLIO
With equity built in their first property and continued growth in their home value, they purchased a second investment property. By then, their property portfolio had begun delivering strong returns, enabling them to accelerate their wealth-building journey.
2021– MOMENTUM BUILDS WITH PROPERTY #3
By 2021, Dillon and Angela’s investments had increased in value, allowing them to leverage their growing equity to purchase a third property for $468,400. By then, their strategy had become a finely tuned process.
2024– WHY CHOOSING THE RIGHT PROPERTIES MATTER
Through careful property selection by Future Assist’s Property Team, Dillon and Angela’s portfolio has increased in value by 57% and they now own property worth $3.5 million. They have now achieved their retirement goal 8 years ahead of schedule!
THE OUTCOME
In just over a decade, Dillon and Angela transformed their modest financial beginnings into a robust property portfolio. By following our Strategy First approach, they achieved their goals of securing their family’s financial future and building a comfortable retirement plan. Their journey demonstrates how discipline, strategy, and professional guidance can turn aspirations into lasting wealth.
Names have been changed but all other details provided in this case study are based on actual client results. While every effort has been made to accurately represent the outcomes and results achieved in this case study, it’s important to note that individual results may vary based on a variety of factors including but not limited to the client’s unique circumstances, goals, and actions taken. This case study is not intended to serve as professional advice or guidance.
