Your Path to Property Ownership with ADF Housing Entitlements! 🎉

Are you ready to embark on an exciting journey towards becoming a property owner using your ADF housing entitlements? Here are a few topics we will have a closer look at the next few days:

🔍 Understanding Your Defence Housing Entitlements.
Delve into the intricate details of what your entitlements encompass. From DHOAS to HPAS and HPSEA, we’ll decode everything you need to know to make informed decisions.

🏠 Mastering the Art of Property Purchase: Learn the step-by-step process of purchasing property using your entitlements. Whether you’re a first-time buyer or looking to expand your portfolio, we’ve got you covered.

🌟 Unlocking Prime Locations for Growth and Returns: Explore the hottest locations for capital growth and rental returns. Discover the hidden gems that promise maximum returns on your investment.

💼 Crafting a Sustainable Property Portfolio: Gain exclusive access to secret strategies for building and maintaining a sustainable property portfolio. Learn how to diversify your investments and mitigate risks effectively.

💰 Securing Your Financial Freedom: Take proactive steps towards securing your financial future. With the right knowledge and tools, you can pave the way for long-term wealth and prosperity.

🔑Have you Unlocked Your…First Home Owners Grant success! 🏡
Let’s talk about the First Home Owners Grant (FHOG) – your ultimate card to kickstart your homeownership journey! What exactly is the FHOG? It’s a national scheme funded by the federal government and managed by each state and territory. This means the eligibility criteria and grant values vary from place to place. Intrigued? Let’s dive in!

💰 Grant Values: Did you know the FHOG can get you up to $30,000 in Queensland and Tasmania? Yes, you read that right! Values range from $10,000 to $30,000 across different states and territories.

🏠 Property Requirements: The FHOG can only be used for brand new properties or substantially renovated ones. But here’s the kicker – you can now buy an investment property first and save the FHOG for later to purchase your own home!

📋 Eligibility Criteria: To qualify, your property must meet certain value limits, and you must not have owned any property before 1 July 2000. Plus, you’ll need to move in within 12 months and live there for at least six months (or 12 months in the ACT).

Wondering how to make the most of your FHOG? Picture this: You’ve been posted to a prime investment location. You’ve got 12 months left in your posting. You use the FHOG to buy a property, spend 6-8 months building it, and then move in for the remaining time. Once you’re posted elsewhere, you turn it into a rental investment – smart, right?

Home Purchase Assistance Scheme 🏡
Ever heard of HPAS? It’s like the FHOG, but exclusively for ADF members. Picture this – you’re getting assistance from both the State Government and the ADF towards your first home purchase. Intrigued? Let’s delve deeper!

🤝 Combined Assistance: With HPAS, you’re getting additional support alongside your FHOG. That’s double the benefits towards your dream home! But remember, you can only use HPAS once during your ADF service, so use it wisely.

🎖 Eligibility Criteria: To qualify, you must be a full-time serving member and purchasing your first home while in the ADF. Plus, you must meet certain residency requirements, ensuring the property is at your current or new posting locality.

📆 Occupancy Requirements: You’ll need to live in the home within a specified period after signing the contract. The time frame varies depending on your situation, ensuring you fulfil your residency obligations.

💰 Payment Details: HPAS offers a payment of $16,949 before tax, which will be included in your taxable income. After tax, you’ll have about $11,440 to work with, providing a significant boost to your homeownership journey.

🌟 Maximise Your Benefits: When you combine HPAS with your FHOG, you could have anywhere from $21,500 to $41,000 towards your property purchase, depending on your state.

Excited to leverage HPAS for your dream home? Don’t let this opportunity slip away. Take the first step towards homeownership success with HPAS!

“See you on the other side!”🫡

Daimien Patterson
Join Our Weekly Webinar
Get the Book here