Get the latest news to your email inbox FREE!

REGISTER

Get the latest news to your email inbox FREE!

REGISTER
HomeFeaturesRental route to retirement

Rental route to retirement

By JOLENE OGLE

At 22, Jake Sudrajat has landed a sales position with one of Noosa’s most prestigious real estate agencies, already owns two homes, and plans to retire with 10 more homes in his portfolio.
Selling real estate has always been a passion for Jake, who describes himself as a “home nerd”, having watched property shows throughout his childhood.
“I used to watch shows like Hot Property as a kid,” he said.
“I’ve always been interested in how people buy, sell and renovate their homes. I’ve even applied for (reality TV show) House Rules in the past and I love watching The Block.”
The former St Teresa’s Catholic College student has now joined the Richardson and Wrench Noosa sales team and said he is looking forward to helping more young people secure their first home, which he admits is not an easy achievement.
“When I was a teenager, I worked three jobs to save half the deposit for my first home,” Jake said.
“When I reached halfway, my mum chipped in the rest to help me get started.
“I bought an apartment in Sunrise Beach as my first home. It’s hard to do it on your own.”
Since buying his first apartment, Jake has secured a home in Tewantin where he now lives with his girlfriend, Jaymee.
“To get the second home, my girlfriend and I moved into her parent’s granny flat and let-out the Sunrise Beach apartment,” he said.
“We did that for a while until I could use the equity to buy the Tewantin home.”
Despite having two mortgages, Jake said he’s never felt like he missed out on life.
“My mates and I used to go out at least twice a week, so I don’t feel like I missed out while I was saving,” he said.
“I used to go out and then run on four hours sleep the next day when I worked at the coffee shop.
“But I settled down after I bought my first apartment.
“The only thing I would like to do is travel more, which is hard to save up for when there are two houses.”
Landing a job with Richardson and Wrench Noosa is only the beginning for Jake, who plans to continue buying homes until retirement.
“I would love to retire with at least eight to 10 properties in my portfolio and use the income to fund my retirement,” he said.
Jake, who has lived in Noosa all his life, said he plans to stay in the region and raise a family here.
“Noosa is the prefect family spot,” he said.

Digital Edition
Subscribe

Get an all ACCESS PASS to the News and your Digital Edition with an online subscription

Community update

From singing and bush care to service clubs and art, there is a wide variety of groups in Noosa. YANDINA COUNTRY MUSIC ACMA welcomes WOTYAGET as...
More News

Council to highlight issues at NGA

Noosa Council have submitted six motions, all initiated by Cr Amelia Lorentson, for consideration by the Australian Local Government Association (ALGA) National General Assembly...

$15m Noosaville Bus Depot Opens

A $15 million investment in Noosa’s public transport network is set to bolster bus services across the northern Sunshine Coast, with operator Kinetic officially...

Lachlan’s legacy makes powerful impression

Precede The creation of the Lachlan Hughes Foundation to honour the life of a young farmer is making dramatic changes in the lives of others...

Surfing culture muscles up

To be honest, it doesn’t take that much to get our surfing councillor, Tom Wegener, excited – a one-foot wave at Tea Tree will...

Jazzing it up

Jazz lovers are in for a treat on Friday 27 March as live music comes to the heart of the Noosa in Noosaville with...

Huge drug bust

Police have seized more than $3 million worth of dangerous drugs and charged 25 people following a major trafficking investigation in Gladstone, about four...

Saving First Point

After much debate and a narrow voting majority of 4:3 Noosa Council committed at its ordinary meeting to including a dedicated section in its...

Curtains and blinds

Book your complimentary in house consultation with our professional and experienced staff at Peregian Curtains and Blinds, or make an appointment to have...

Council confirms event funding

Noosa Council will support 10 major events over the next financial year as work continues on the new Sustainable Events Strategy, informed by community...

Caza Club success at major tournament

At a recent Brazilian Jiu-Jitsu Kids tournament, held at the Caloundra Indoor Stadium, the Noosa Caza Brazilian Jiu-Jitsu Club has continued on its winning...