“If you are a homeowner in Australia, you can make $3000 a week in passive income—without flipping homes, chasing hotspots, or gambling,” according to property advisers—Bryce Holdaway and Ben Kingsley—at Empower Wealth.
Both Holdaway and Kingsley have co-authored a book titled “How to Retire on $3000.” Intended for middle Australia, the book serves as a blueprint for how couples in their 30s could make $3000 per week.
“Buy a high-growth property with some of the equity from a family home. Use that property in another high-growth property and later consolidate debt.”
This seems profitable, thanks to rising rents and falling debt levels. The authors made it clear that it’s a long-term investment strategy, not a get-rich-quick scheme.
Now, you might ask, “How do I do this?” The good news: Empower Wealth advisors share the steps to make this strategy work:
So, let’s explore:
Step 1: Weaponise your family home
Tap into your home equity and use the money to buy the first “foundational” high-growth property. This property would rapidly appreciate and pave the way for other high-value investments as home prices rise.
Here is a snipper from the book:
“Let’s say you’re in your mid-to-late 30s, own your home, have one or two young kids, and you’ve built up equity by diligently paying down your mortgage — or simply riding the wave of property growth over the past decade,” they wrote.
Step 2: Building Momentum with a Second Property
After two to four years, equity growth from the first investment can help fund a second purchase. This property typically offers a higher rental yield to support cash flow, creating balance within the portfolio and making it easier to hold assets long term.
Step 3: Maintaining Lifestyle and Cash Buffers
A key message is that quality property investing shouldn’t mean living poorly. With proper structuring, offset accounts and buffers (often six figures), households can remain cash-flow neutral or positive while still absorbing interest rate rises and unexpected costs.
Step 4: Letting Compounding Do the Heavy Lifting
Over time, rental growth and declining debt shift the portfolio toward break-even and then surplus. Around the 15–16 year mark, rental income can exceed six figures annually, with passive income delivered through a combination of property and super, without selling assets.
The Reality Check
This strategy is not a shortcut to wealth. Success depends on early action, discipline, conservative assumptions, and high-quality asset selection. According to the authors, the investors who succeed aren’t the biggest risk-takers; they’re the most consistent.
Disclaimer: The information outlined above is general in nature and based on a published case study. Property investing outcomes vary depending on individual circumstances, market conditions, lending policy, and asset selection. This is not financial or personal investment advice, and figures referenced should not be taken as guarantees of future performance. Anyone considering a similar strategy should seek tailored advice before making property or finance decisions.
Want a Strategy Built for Your Situation?
Building long-term passive income through property requires the right structure, timing, and asset selection, not one-size-fits-all solutions.
If you’re serious about investing smarter and want guidance tailored to your goals, risk profile, and borrowing capacity, learn more at: https://propertybuyersaustralia.au/
