Nov 7, 2024, 11:19
by
Defence Housing Australia
Brisbane’s property market is soaring to a record high and drawing investors to the sunshine state from across Australia.
Boasting the nation’s fastest rate of interstate migration, a $25 billion pipeline of city-shaping infrastructure, and unprecedented international accolades, economic growth in the laid-back city of Brisbane is anything but laid-back.
Rental demand is peaking and Defence Housing Australia (DHA) is on the hunt for homes to suit a growing number of Defence families stationed across the city. That makes Brisbane an ideal location for investors who want to get off the rental rollercoaster and secure a long-term lease.
In the past year, TIME Magazine, Frommers and the New York Times have ranked Brisbane as one of the top places in the world to visit. Brisbane has been credited with Australia’s best university, Australia’s #1 hotel, the country’s top restaurant and one of the world’s best beaches. Not to mention the heritage listed islands, reefs and rainforests right on the city’s doorstep.
It isn’t just tourists leading the charge, Brisbane also has Australia’s fastest growing working age population – a great indicator that young talent is heading north to stay.
And all that is set to escalate as Brisbane races up the green and gold runway to host the 2032 Olympic and Paralympic Games.
Locking in a DHA lease today is an easy and convenient way for investors to secure their foothold in the dynamic Brisbane market. DHA offers a unique investment proposition, with an Australian Government-backed guarantee1 that includes:
- Rent paid in advance, even if the property is empty1
- Trusted Defence occupants
- Long-term leases from 3 to 12 years
- One simple service fee that helps reduce the hassle of property care
- Independent rent reviews to keep pace with the market
- An online portal to make managing the paperwork so easy.
DHA currently provides housing support for more than 5,000 Defence members and their families within 30 kilometres of Gallipoli Barracks, at Enoggera, in Brisbane’s inner north.
Located eight kilometres from the CBD, the Army base has been operating since the mid-1800s and some of Brisbane’s most appealing suburbs have grown up around it.
Localities like Gaythorne and Everton Park to the north, and Ashgrove and Newstead to the south and east, offer all the comforts of inner city living with leafy streets lined with elegant timber Queenslanders. While the contemporary homes of North Lakes to the North and Pallara to the South also appeal to buyers.
While there is still strong demand for DHA’s preferred offering—attractive three- and four-bedroom family homes with gardens and garaging—there is also a growing need for townhouses, duplexes and apartments. This gives both Defence members and investors a wide range of properties to choose from.
If you don’t have the time, or appetite, for dealing with fickle rental markets, now is your chance to secure a long DHA lease in the high energy Brisbane market, with guaranteed1 rent and a great tenant.
DHA manages more than 17,000 properties around Australia, including more than 12,000 owned by private investors. If you own an existing rental, or are thinking of buying or building, talk to our expert team first. If it meets our requirements, we may even commit to leasing the property before you buy.
To help start your property search, we’ve compiled a list of pre-approved house and land packages on our website. You can buy these directly from third-party agents or builders, with DHA agreeing to lease them on completion.
Or to speak to our team, complete our easy online enquiry or call 133 342 today!
1. Rent may be subject to abatement under certain circumstances such as loss of enjoyment or amenity, or breach of lease terms. Rent is paid where the property is habitable. Should a property become uninhabitable during the term of the lease, or lessor breaches the lease terms, the rent may cease or abate and the lease may be terminated by DHA. Guaranteed rent is subject to the terms of the lease. DHA does not take into account an investor's objectives or financial needs. Investors should always seek appropriate independent advice before making any investment decisions with DHA. DHA specifically disclaims any liability or responsibility for the material referenced in the above links or associated websites. DHA does not guarantee, warrant or represent that the information contained in the above links are free from errors or omissions. Any interested parties should make their own enquiries, seek expert legal, commercial and industry advice and review the terms of any contract (including any contract for sale or construction contract) referred to in the above links. The prices listed in the above links are subject to change without notice. Any illustrations and photographs are to be regarded as indicative only.