NRAS- National Rental Affordability Scheme 

The National Rental Affordability Scheme (NRAS) is a joint initiative of Federal and State Governments enacted in November 2008 in response to the real and growing need to address the rental affordability problem in Australia. 

Rent increases across Australia have outstripped wage growth and inflation to such an extent that many Australians are now forced to pay more than 30% of their gross household income on rent.  

NRAS aims to assist investors, developers and not-for-profit groups to deliver 50,000 rental dwellings over the next four financial years by creating a new residential property asset class for property investors. 

NRAS offers significant financial and risk mitigating incentives to investors.The Government incentives provided under the Scheme will assist investors to achieve an attractive rate of return with the peace of mind of 100% tenancy. It presents a new investment opportunity in the Australian property market. 

More than 1.5 million households will be eligible for tenancies under the Scheme - a large and diverse pool of potential tenants for investors in affordable housing projects that will be made available through the Scheme.

To learn more about investing in the NRAS please call us on 0403 332410.