News and Media
Customer testimonial by Greg - Mortgage broker / DHA property investor
After purchasing a Defence Housing Australia (DHA) investment property in 2006, Greg now wishes he had bought one 10 years ago!
"My wife and I are busy people. We have four-year-old twin boys, so life gets pretty hectic.
"Buying a DHA property was about setting up an investment that we didn't have to worry about. We needed something that was pretty much going to look after itself."
As a mortgage broker, Greg is aware of many investment opportunities in the market.
"What attracted us most to DHA is the fact that it is a sound investment. It's really a no-brainer when you've got rent paid by a Government Business Enterprise.
"Our DHA property offers certainty, unlike our other investment properties and shares. We know that the rent is going to arrive every month for the entire term of our lease. We will never have to find new tenants or worry about the property becoming vacant and the associated costs.
"DHA will also recarpet and repaint our property at the end of the lease, this really appealed to us."
Greg and his wife are not new to investing. In addition to their DHA property they own three residential investment properties. All the properties are located in South Australia, their home state.
"With our other investment properties we've had to invest a lot of time dealing with bad tenants, real estate agents and managing maintenance.
"The great thing about our DHA property is that there is almost nothing we have to worry about. In fact, the only real decision we've made so far was buying the property itself!"
Greg and his wife are looking at buying another investment property in the Northern Territory to diversify their portfolio.
"I'd be more comfortable buying a property interstate if it was a DHA property because it would take the worry out of living so far away from the investment."
Based on his experience, Greg is now encouraging his parents to invest with DHA.
"My parents are selling their family home of 45 years and are looking to invest in something that has a safe income and a good return.
"As retirees, they've already owned investment properties and had their fair share of problems with tenants and agents over the years. They've seen our experience with DHA and now they also want something hassle-free.'