NRAS Explained Jul 2010
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The document discusses the National Rental Affordability Scheme (NRAS), which provides a tax incentive of $9,120 per dwelling per year for 10 years to property owners who rent properties at a 25% discount to eligible low and middle income tenants. This results in higher occupancy rates and longer leases for property owners. Over 1.5 million Australian households are estimated to be eligible tenants under the scheme, representing a large potential market.
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NRAS Explained Jul 2010
- 1. “ It (NRAS) represents a new investment opportunity in the Australian 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.” The Hon. Wayne Swan (Treasurer) Copyright Queensland Property Investment © 2009
- 6. What’s the value of an NRAS certificate?
- 14. For further details contact: David Hedley-Ward - 0406 011 123 or Russell Dell - 0400 409 000 Copyright Queensland Property Investment © 2009