19-year-old buys $600K house in Australia

Australian 19-year-old Olivia Shone has achieved the remarkable feat of owning a $600,000 house, a goal that often takes years to attain. Starting her property journey at 16, Shone saved diligently for years and, by 18, had purchased a block of land in Warragul, Victoria. After thorough research, she decided to build her own house, rather than buying an existing one.

Despite the challenge of being thousands of kilometres away from the construction site while serving in the Australian Defence Force and studying law part-time, Shone remained deeply involved in the process. She communicated with builders online and made remote decisions, even choosing the bathroom tile colors. Upon completion, Shone plans to rent out the four-bedroom house, marking the beginning of her real estate career and a larger portfolio of investments.

Her next goal is to acquire another property, ultimately aiming to develop a series of rental properties.