Would you like a 10 Year, government backed, income guarantee
- The Australian National Rental Affordability Scheme (NRAS) is a long-term commitment by the Australian Government to create housing for selected famlies.
- The Scheme addresses the shortage of housing by offering financial incentives to investors to rent dwellings to moderate-income households at 20 per cent below market rates.
- NRAS is not a public housing program
- NRAS dwellings are exactly the same as any private non-NRAS dwelling. Suburbs are only allowed a small percentage of NRAS houses
- Large-scale developers apply to be part of the NRAS scheme and offer “plot and plan” packages to investors
What do investors get?
- NRAS offers a substantial annual tax-free incentive, the NRAS Incentive.
- Investors agree to rent their investments at 20% discount , to selected NRAS approved tenants.
- NRAS tenants tend to be key workers, such as childcare workers, nurses, police officers, fire-fighters and paramedics. Approximately 1.5 million households are currently eligible to rent NRAS properties.
- Each approved dwelling attracts the NRAS Incentive for 10 years, so long as investors continue to comply with conditions relating to tenant eligibility and rent discounts.
- The annual tax free Incentive is currently $9,524 per dwelling, and rises with inflation
The numbers
Average home cost A$400,000, Your deposit is R1 mill
Normal rent income is A$20,000 PA (5.0% GROSS yield)
NRAS rent income is A$25,500 (6.4% GROSS yield, Guaranteed and Inflation linked)
Total Costs are $22,000
Your Investment is Cash-Flow Positive from DAY 1
- Your Australian investment is appreciating and your Australian bank account is growing
- Demand for residential property is high with current housing supply deficit of 178,400 homes across Australia.
Property and tenant management
- As with any investment property, management services are required for all NRAS properties.
- Standard residential tenancy laws apply to NRAS properties just as they do for any private residential investment.
- NRAS tenants and landlords are regulated under State and Territory tenancy laws. The same rules apply to NRAS tenants as they do to any other tenants .
Key facts about NRAS
- NRAS dwellings are private property. Government holds NO claims over NRAS properties.
- NRAS dwellings can be sold without penalty during the 10 year holding period: a dwelling can be sold to another investor who undertakes to comply with NRAS obligations
- At the end of the NRAS 10 year period, properties revert to full control of the investor, who has no ongoing obligations to the Australian Government.
- The Australian Government has made a 10-year commitment to NRAS
What it means to you
- No other country besides Australia is offering this to YOU
- Australia has the best economic prospects and YOU can be part of them
- Safe Investment, guaranteed income, Tax free, Inflation linked
Phone Rob on 071 4185 236 to find out how