All Topics / Help Needed! / Good deal or not ?

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  • Profile photo of moneyhungrymoneyhungry
    Member
    @moneyhungry
    Join Date: 2005
    Post Count: 2

    HAve found a property within Queensland under a defence housing lease. This guarntees income and maintenance on property and replace all floor coverings and paint at their expense once lease is expired. Its price is 240k and rents for 230 wk -15 % of wkly rental for their services, it also has a body corp fee. Im new to this and want some feedback .
    Thank you in advance for your help.

    Profile photo of DerekDerek
    Member
    @derek
    Join Date: 2004
    Post Count: 3,544

    Hi MH,

    DHA housing has the attractiveness of ‘security’ as you identified in your post. I prefer to work in the open market as I believe that there are greater gians to be made.

    There have been a number of discussions about the worth (or not) of DHA property. I suggest you use the search facility located under the forum boards button on the top left of your screen.

    Derek
    [email protected]

    Property investment advice and researched property in quality locations available.

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