How to benefit from National rental affordability scheme

| August 16, 2009

Australian Rental scheme for investors give market boost

The scheme provides affordable rental houses to Australian  people  by providing affordable rental dwellings around Australia  by giving a tax benefit  to  investors  to charge below average rent prices. The National rental Affordability scheme  launched last year.

So how can you as a investor benefit from this Rental scheme ?

When the investor  charges  20 percent below the market rental rates , they  qualify  and are entitled to  receive an $8000  annual tax free incentive over 10 years on eligible dwellings

Rental affordability  scheme australia

In Govt Speak here is what the scheme is

National Rental Affordability Scheme – The National Rental Affordability Scheme (NRAS) is an Australian Government initiative that aims to increase the supply of reduced cost rental housing for low and moderate income individuals and families across Australia. The Scheme involves the allocation of a National Rental Incentive to participating organisations, to encourage large-scale investment in and innovative delivery of affordable housing.”

"This is a good way to be giving back to the community  and investing at the same time. You can get more information regarding the National Rental Affordability scheme over  ->here

Information from Victorian Government website :

National Rental Incentive

The NRAS offers an annual National Rental Incentive for new rental dwellings approved under the Scheme, which comprises of

  • a Commonwealth contribution in the form of a refundable tax offset to the value of $6,000 per dwelling per year for 10 years.  Not-for-profit organisations endorsed as charities by the Australian Taxation Office will receive the contribution in the form of a payment; and
  • a State or Territory contribution to the value of $2,000 in the form of a payment or other in-kind support per dwellings per year for 10 years.

To be eligible to receive the Incentive, dwellings must meet mandatory requirements applications must address five assessment criteria.  The Australian Government’s NRAS website has detailed information on these requirements and the process for applying for Incentive allocation


 Niche Living (provides packages with this scheme in Ballajura , Kelmscott and Langford) Tel : 08 9398 6055

Impact will the National Rental Affordability scheme have upon housing affordability?

For more information on taxation and the NRAS scheme, vitit the ATONRAS site.

Tax Variations & National Rental Affordability Scheme
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Category: investment property, negative gearing, Real Estate, rental properties, Rental scheme

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Comments (2)

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  1. Body Pillow says:

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  2. Parthenia says:

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