A 19-year-old Australian woman has successfully completed the construction of a $600,000 investment property, a milestone achieved through years of disciplined saving and strategic planning.
The project involved purchasing a plot of land in her hometown and overseeing the construction of a four-bedroom house. Shone’s path to this achievement was marked by significant personal dedication, as she balanced the financial demands of the build with her responsibilities as a member of the
A strategy built on early sacrifice and remote management
Shone’s financial foundation was established during her teenage years, during which she prioritized saving over typical social expenses. Her work history included roles at an equestrian facility and in retail, supplemented by unconventional investments such as livestock trading. By the time she reached 18, she had accumulated sufficient capital to secure a block of land. She opted to build a new home rather than purchase an existing property, citing the financial advantages of new construction in the local market.
The construction process presented unique logistical challenges, as Shone was stationed at an air force base in the Northern Territory, more than 3,000 kilometers from the building site. She managed the project remotely, coordinating design choices and material selections via email and telephone with the building firm, Metricon. Her father provided on-site support, conducting property visits to ensure the project remained on track. Despite initial difficulties in being taken seriously by some real estate professionals due to her age, Shone successfully secured the support of the Crownlee estate team to finalize the build.
Future ambitions in the property market
Upon receiving the keys to the completed residence, Shone confirmed that she does not intend to reside in the property. Instead, the house will serve as an investment asset, with plans to rent it out as part of a broader strategy to expand her property portfolio. She has identified the acquisition of additional investment properties as her next financial objective.
Representatives from Metricon’s regional Gippsland sales team noted that Shone’s commitment and maturity were instrumental in the successful completion of the project. For Shone, the endeavor represents the culmination of a long-term plan that began in her mid-teens, serving as a foundation for her future financial goals.