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The National Rental Affordability Scheme

The National Rental Affordability Scheme or NRAS was launched for the purpose of providing assistance and funding to increase the supply of affordable rental dwellings, reduce rental costs to low to mid income earners and to encourage investment on a large scale to provide more affordable housing.

NRAS is expected to deliver up to 50,000 affordable rental homes by 2014. If the investor reduces the rent by 20% (may vary according to incentive provider) of the market rent, the government will provide an incentive of $9,524 per annum ($7,143 from Federal and $2,381 from the State governments). This payment increases in line with CPI and in 2011 it is $9,524. Eligible tenants are determined on an income basis with the service industries such as police, teachers and nurses targeted as potential tenants.

What past
clients say:

“After my initial purchase in 1994 my original investment property has increased almost 4 times its value and today is positively geared. Today I have a substantial property portfolio that is self sufficient and has improve our future prospects considerably.
Thank you”

DB of Mt Eliza

NRAS Key Incentives for Property Investors
NRAS allows Property Investors to assist with Australia’s housing shortage. This is achieved by providing an incentive to the Investor to reduce the rent by 20%. In return the property investor receives a substantial benefit of $9,524 per annum indexed for 10 years with basic qualifying elements applying.

The key incentive to the tenant is the 20% lower rental although they must compete with volumes of tenants that NRAS attracts to be chosen as the lucky tenant. This provides the Property Investor a great choice of who they wish as their tenant.

The NRAS Investor benefit is $9,524 PA indexed to CPI for a 10 Year period
= $114,346 (CPI @ 4% for this example).

Working Example:
Tenant Benefit – Market Rent $375 pw Minus NRAS 20% = Rent $300 pw
Investor Benefit - Rent of $300 pw + NRAS Benefit of $183 pw = $483 pw
IE Property purchase $350,000 can comfortably return $483 pw with Rent & NRAS.

Where are NRAS properties located? – Properties are located in areas deemed to be in high rental demand with very low vacancy rates. This generally means the same area would expect to attract strong capital growth thus being ideal for Property Investors.

What can Tenants earn? - NRAS allows a family to earn up to $125,960. This earning will range from individuals, couple, families but we can match the best type of property for the location to maximise this return for the Investor.

Want to find out more - Register on the form to the right of this page.

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