NRAS - National Rental Affordability Scheme
AUSTRALIAN PROPERTY INVESTORS BENEFIT FROM CASHFLOW POSITIVE NRAS PROPERTIES
The National Rental Affordability Scheme (NRAS) program is providing “tax free incentives” to investors for the purchase of 35,000 new rental dwellings between January 2009 and June 2012. A budget of $623 million dollars has been allocated to support investors. For Australian real estate investors this means a rare opportunity to acquire cashflow positive rental properties with minimal capital outlay.
 The NRAS properties, ranging from unit and townhouse developments to house and land packages, have and are being constructed in locations with high population growth and with adequate support infrastructure such as schools, hospitals and job growth to ensure long term tenants.
How can You benefit from the National Rental Affordability Scheme?
Real Estate has long been the preferred option for Australian investors. The tax free incentives being offered for purchasers of properties under the National Rental Affordability Scheme mean that NRAS properties may be cashflow neutral or cashflow positive with minimal outlay making them a more attractive investment for many investors. Cashflow Positive residential real estate investments in prime locations only occur every 10 years or so in the Australian investment property cycle and development approvals under the National Rental Affordability Scheme end in June 2012 or sooner if demand outstrips supply so this is a short term window of opportunity for investors. You should contact us for more information before making any investment decision.
We have available Dual NRAS properties for sale that offer an outstanding return. Dual NRAS is a dual occupancy residence that qualifies for a separate NRAS Tax credit for each "dwelling" or occupancy. Dual NRAS properties are not necessarily more expensive than some single NRAS properties but the returns can be significantly higher. Contact us today to find out more.
Investing in NRAS properties requires the same level of care as any other real estate investment. The key to real estate investment has always been "location, location, location". The criteria the government has set for NRAS properties compliance (see above) means that an NRAS property will never be in a "bad" location. Investors still need to do their research and get professional advice before making any investment, even in a compliant property. This website does not give professional advice, we simply provide information. If you are interested in investing in NRAS property you should contact us and we will have a qualified consultant contact you.
How long will the National Rental Affordability Scheme be available to investors?
The aim of the National Rental Affordability Scheme is to add 50,000 properties to the rental market by June 2012. NRAS Approvals close at 30 June 2012 however properties from those developments will continue to come on the market for some months afterwards. Interested investors should make enquiries now while there are over 2000 properties on the market, rather than wait until the end of the development cycle when stock will be more limited. |
