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  • Profile photo of FBalenFBalen
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    @fbalen
    Join Date: 2011
    Post Count: 1

    DON'T EVER BUY DHA. I did and was burnt. I bought a house at North Richmond that had a high yield and lead to believe it was a secure investment. I purchased it through Colliers who were selling properties from the Westpac property portfolio. All was good for 12 months, then I was hit with the rent review. It was up to the fith year on the lease. My rent was reduced from $524 to $410. Its a big con. I now have to sell it for whatever I can get for it as the drop in rent has lowered the value of the house and I only had it for 1 year.  Always remember, if it sounds to good to be true, it bloody is!!!

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