Buy or build a property to lease to DHA

Step 1 – Understand DHA's property requirements and locations

Properties leased to DHA must meet specific requirements and be located where we currently need dwellings. Before beginning your search, we recommend understanding our property and location requirements to help narrow your search to the types of properties DHA is most likely to lease. 

You can also view our current priority locations to see where we are actively seeking properties. 

Using these guides, we recommend creating a shortlist of the types of properties and locations which suit your budget, investment goals and are likely to meet DHA's requirements. 

Step 2 – Speak to our Leasing Experts

Once you understand DHA's requirements and have a basic shortlist, call us on 133 342 to speak to our Leasing Team. 

Our staff will connect you with the most appropriate Leasing Manager based on where you'd like to purchase. The Leasing Manager will help refine your shortlists and be your point of contact moving forward. They will be able to quickly assess any properties you are interested in buying so there are no delays to your purchasing process.

Before your call, we recommend writing down:

• your budget
• your preferred location(s), including any suburbs or areas you are interested in
• your preferred property type, including features you'd like included
• your purchasing timelines
• any specific goals you may have for the purchase, for example, purchasing for your children or as a place to move when you retire.

Let our Leasing Expert know if you're unsure or are happy to explore any location or type of property. They can help narrow down locations and types of properties that are likely to be in your budget.

Step 3 – Identify suitable properties

Using your search criteria, shortlist properties you are interested in purchasing. If you live in the same city, we recommend visiting open homes to help narrow your list further. 
Once you have a shortlist, call DHA on 133 342 or email your Leasing Manager. They can help to narrow down your shortlist to ensure that only properties DHA would accept are included. 

Step 4 – Submit properties for assessment 

Once you have a property you would like to purchase, submit the property for assessment online via our application form or by directly contacting your Leasing Manager. 

To assess the property, we recommend including:

• a floor plan
• recent photos of the property (these can be from the property listing).

You will also be required to include:

• the weekly rent you would like to receive for the property
• your preferred lease term. Generally, these are 6, 9, or 12 years plus possible extensions¹.

Step 5 – Inspection, valuation, and lease term

If it meets our needs, a member of our Leasing Team will organise with you to inspect the property. You may need to work with the listing agent and DHA to arrange this inspection.

The inspection will allow DHA to provide a rental valuation and ensure the property meets our requirements. 

Step 6 – Offer to Lease

Next, you will receive an Offer to Lease from DHA, which provides you with the certainty that if you purchase the property, we will lease it for a specified weekly rent and lease term.

At this stage, you are not obligated to complete the purchase or lease the property to DHA until you sign the and return the Landlord Acceptance Reply (detailed in the step below).

Step 7 – Purchase property and accept Offer to Lease

To proceed with leasing the property to DHA, you must accept the Offer to Lease by signing and returning the Landlord Acceptance Reply. The lease will commence once the property is habitable and any required works outlined in the Offer to Lease are completed. 

During this time, you should follow the usual due diligence process of buying a property, including obtaining independent legal and financial advice to ensure the property matches your investment needs.

Step 1 – Speak to our Leasing Experts

As early in the process as possible, call us on 133 342 to speak to our Leasing Team.

Our Leasing experts can work with you to identify locations to purchase land which meet our requirements. They can also help provide the specifications and inclusions needed for the property to meet our minimum requirements and include any identified additional features.  

If you already own land, our Leasing Experts will be able to let you know whether it is in one of our required locations. They can also provide the specifications and inclusions DHA will require of the constructed dwelling. 

Step 2– Identify suitable house and land packages or builders

You may also search and shortlist available house and land packages that meet your investment goals and DHA's requirements. Then, contact our leasing experts with your shortlist so they can advise on the most suitable properties that meet DHA's requirements.  

If you own land, now is the time to identify builders and have them provide a plan for your property with a list of inclusions.

Step 3 – Submit property for assessment 

Once you have found suitable land and a builder, submit the property for assessment online via our application form or by directly contacting a member of our Leasing Team. 

To assess the property, we will need:

• the property address
• a builders plan
• property inclusions list
• development master plan (if applicable)

You will also be required to include:

• the weekly rent you would like to receive for the property
• your preferred lease term. Generally, these are 6, 9, or 12 years plus possible extensions¹.

Step 4 – Property assessment and valuation

DHA will use the documents provided to assess the property against our requirements and raise an "as if" valuation of the property's potential rent once construction is complete. Note: A final valuation will be undertaken again upon completion of the build and DHA will honour the higher of the two valuations.

Step 5 – Offer to Lease

If the property meets our requirements, you will receive an Offer to Lease from DHA, which provides you with the certainty that we will lease the property once habitable. 

At this stage, you are not obligated to complete the purchase or lease the property to DHA until you sign the and return the Landlord Acceptance Reply (detailed in the step below).

Step 6 – Purchase property and commence construction

To proceed with leasing the property to DHA, you must accept the Offer to Lease by signing and returning the Landlord Acceptance Reply. 

The lease will commence once the property is habitable, and any required works outlined in the Offer to Lease are completed. 

During this time, you should follow the usual due diligence process, including obtaining independent legal and financial advice to ensure the property matches your investment needs.