Frequently asked questions

Here are answers to the most frequently asked questions about investing with us.

Leasing process

DHA requires properties across Australia in close proximity to defence bases.

We are currently looking for properties in these areas:

*Greater region equates to the city, with the inclusion of the outer suburbs.
Requirements are subject to change without notice.

  • ACT - Canberra*, Queanbeyan*
  • New South Wales - Glenbrook*, Newcastle*, Nowra, Sydney*, Richmond*, Wagga Wagga
  • Northern Territory - Darwin*
  • Queensland - Brisbane*, Gold Coast, Cairns, Ipswich, Toowoomba, Townsville
  • Victoria - Mornington Peninsula, Melbourne*, Wodonga
  • Western Australia - Perth*, Rockingham
  • South Australia - Lefevre Peninsula, Campbelltown*, Vale Park*, Hewett, Adelaide Hills

Firstly, you can use our postcode finder to check if your property is in an eligible location. If it is in an eligible area, you can submit an online application form. Our team will then assess your property against our requirements.

Find out more about our property requirements here.

After the application is submitted the process will be:

Step 1
A Leasing representative will contact you by email or phone to discuss your application in detail. DHA may request further information to support your application.

If your property does not meet the requirements or DHA does not have a current requirement for properties in the location we will advise you.

Step 2
If your property suits DHA's requirements we will then organise a property inspection.

Step 3
If the property is suitable we may provide you with an Offer to Lease which will outline the lease terms, lease conditions and steps required to accept the offer.

Step 4
Once the Offer to Lease is accepted, we will arrange for a Handover of the property and the lease will commence.

Lease information

The advertised rent is the gross rent before fees and charges have been deducted.

While our service fee may be a little higher than other fees—it covers more too. Our unique DHA Property Care contract includes:

  •          Vacancy management including grounds maintenance and rent even if the property is vacant.*
  •          Non-structural repairs such as organising and covering the cost of repairing or replacing fixed appliances.*
  •          Inspections including organising an inspection for yourself or contractors as required.
  •          Periodic rent reviews by an independent valuer to ensure you always receive market rent.

Also, DHA doesn’t have any additional charges when new tenants move in or out such as advertising and re-letting fees.

* Conditions apply

DHA conduct periodic market rent reviews by engaging an independent licensed valuer to provide a recommendation for the rent.

As a landlord you will retain responsibility for some outgoing costs:

  • council rates
  • water rates (usage reimbursed by DHA)
  • strata rates (if applicable)
  • land tax (dependent on the state of purchase and your personal circumstances)
  • insurance (please refer to the DHA Lease Agreement)
  • termite inspections (at your discretion)
  • repairs and maintenance (please refer to the DHA Lease Agreement and Property Care Contract)

If you lease your existing property to us, DHA offers long term leases generally ranging from six to nine years subject to DHA's requirements.

We understand that personal circumstances can change, and that you may need to sell the property during the term of the lease.

You can sell the property at any time, however the property must be sold with the remainder of the lease intact.

At the end of the lease agreement, the property is returned to you. This means you can move in, rent privately or sell as you wish.

DHA will ensure all appliances are in working order (excepting fair wear and tear); the property is professionally cleaned throughout; and the dwelling, grounds and landscaping are in neat and tidy condition.

DHA conducts periodic inspections at least annually, plus we also inspect the property when tenants are moving out, when new tenants move in, when the property is valued, and when any repairs or maintenance need to be carried out.


Almost anyone is eligible to buy a DHA investment property or lease their existing property to us. You don’t have to be a Defence member, in fact the majority of our investors have no connection to Defence at all.

If you are a Defence Member, keep in mind your entitlements may be affected if you post to the same location as your investment property.

If investing through an entity, you can invest with us through a:

  • company
  • trust
  • self managed super fund

Many of our properties are purchased by entities such as these. They benefit from our long lease terms, reliable rental income, and property care agreements.

If you're an overseas investor, you can invest with us:

You must:

  • have an Australian bank account
  • be eligible to invest in Australia

The Foreign Investment Review Board provides information on who can invest in Australia. You should also seek advice from a financial expert.

Yes, almost anyone can purchase a DHA investment property or lease their existing property to us. However, it is important to be aware that your housing and rent entitlement subsidy (as set by the Department of Defence) may be affected if you are posted to the same location as your DHA leased investment property.

Please refer to the Pay and Conditions Manual (PACMAN), Chapter 7 (7.2.18 Home leased for commercial purposes) for more information.

Companies, trusts and self-managed super funds can purchase a DHA investment property or lease a property to us. A large number of our properties have been purchased by such entities and benefit from our long-term lease, vacancy management, reliable rental income and fixed management fee.

A DHA investment property is well suited to an investor looking for a minimal effort investment, and we do have investors who do not reside in Australia.

In order to purchase a DHA investment property, you must have an Australian bank account and be eligible to invest. If you are a ‘foreign person’, as defined by the Foreign Investment Review Board, you should seek independent professional advice about your eligibility to invest with DHA.

Yield and fees

Yield is a measure of how much cash an asset produces each year as a percentage of that asset’s value.

For property, the yield is the annual gross rental income expressed as a percentage of the purchase price of the property.

Gross rental yield = annual rental income (weekly rental incomes x 52 weeks) / property price x 100.

For example, for a property with a purchase price of $400,000 and weekly rent of $350:

(52 weeks x $350 weekly rent) / $400,000 purchase price x 100 = 4.55% gross rental yield

The estimated outgoing costs for each property will be listed where possible in the property listings.

Net rental yield = annual rental income (weekly rental incomes x 52 weeks) - annual expenses and cost / property price x 100.

Annual expenses include, but are not limited, to DHA Service Fee, insurance, council rates, water rates, and body corporate/strata fees (if applicable).

Yes, if the property you are purchasing is covered by a body corporate or strata you will be required to pay those associated fees.

For the majority of these properties, where a body corporate or strata carry out some of the services we would otherwise provide, DHA’s fee is reduced 13 per cent (including GST).

Yes, DHA’s properties are subject to the same government rules as other properties. As with any property investment, it is your responsibility as an investor to determine the scope of these fees and your responsibilities with other government agencies.

Yes, the buyer is responsible for third-party fees including insurance.

Have more questions?

Contact us by calling 133 342 or make an enquiry online.

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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.