Hi Steve
I currently own a DHA house located at Little Bay a suburb of Sydney Eastern suburbs. This was a $500k + property purchase and yes it is negative geared in fact all their properties are. Purchasing DHA would suit the passive investor as there is nothing to do but top up the mortgage each month and pay the rates. It has been a fantastic investment but the question to ask prior to purchasing DHA is will the capital growth exceed the outgoings to put you in front $$$$

Cheers
Damo

djb