{"id":16865,"date":"2019-02-10T08:45:20","date_gmt":"2019-02-09T19:45:20","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=16865"},"modified":"2019-02-10T08:45:20","modified_gmt":"2019-02-09T19:45:20","slug":"fourteen-properties-and-4-million-later-former-mcdonalds-worker-eddie-dilleen-buys-his-first-home","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/fourteen-properties-and-4-million-later-former-mcdonalds-worker-eddie-dilleen-buys-his-first-home\/","title":{"rendered":"Fourteen properties and $4 million later, former McDonald\u2019s worker Eddie Dilleen buys his first home"},"content":{"rendered":"

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PHOTO:\u00a0Eddie Dilleen<\/strong><\/p>\n

Eddie Dilleen has finally achieved the millennial dream of buying his first home. It only took him 14 investment properties to get there.<\/p>\n

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The 27-year-old property mogul bought his first rental \u2014 a $138,000 unit on the NSW Central Coast \u2014 at the age of 19 while still earning just $500 a week working at McDonald\u2019s, having saved all the way through high school\u00a0for a $20,000 deposit<\/a>.<\/p>\n

In the next eight years, as house prices in Sydney and Melbourne skyrocketed off the back of a tsunami of cheap credit and record population growth, locking many young people out of home ownership, Mr Dilleen avoided the country\u2019s two major housing markets.<\/p>\n

READ MORE VIA NEWS.COM.AU<\/a><\/p>\n<\/div>\n

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