The National Disability Insurance Scheme (NDIS) initiative of the Government of Australia strives to support people with significant and permanent disabilities. This program started in 2016, and since then, it has helped thousands of disabled individuals overcome their challenges across Australia.
As the program features a wide range of support services, Specialist Disability Accommodation (SDA) is a prominent support that caters to mobility issues of
NDIS participants by providing housing facilities specifically designed to serve as a high support accommodation.
From an investment perspective, it makes a great option for investors because of its increasing demand in the market with higher return rates.
Understanding An NDIS Housing Investment
While it increases the accessibility for people with disabilities, it is also beneficial for investors as the government provides this investment option and ensures a long-term plan for significant rental yields.
This housing investment is used mainly for three main features:
Specialist Disability Accommodation (SDA)
This is housing that is purpose-built for people with disabilities who require a high level of support. The NDIS can provide funding to help cover the costs of building, purchasing, or renting SDA.
Home Modifications
The NDIS can provide funding for modifications to existing housing to make it more accessible and suitable for people with disabilities.
Capital Support for Community Housing
It is for community housing providers to build or purchase properties that can be used for affordable housing for NDIS participants who require supported accommodations with property and casualty insurance.
What You Must Know As An Investor?
1. Purpose of Investment
The main purpose of this investment is to provide high-quality, accessible, and affordable housing for people with disabilities. As an investor, you can make a positive social impact while generating financial returns.
2. Qualifying the Eligibility Criteria
To be eligible, the property for investment must be registered as Specialist Disability Accommodation (SDA) and meet specific design requirements. In addition, the person accessing the accommodation must have an approved plan by an NDIS authoritative individual.
3. Investment Returns
NDIS housing can provide an attractive return on investment, with higher rental yields than standard residential properties. In addition, the NDIS funding provides a secure income stream linked to the participant's NDIS plan.
4. Long-term Source of Income
NDIS properties are designed to provide long-term accommodation for people with disabilities, which means that investors can benefit from stable, long-term rental income. As demand for SDA increases, the value of these properties may also increase over time, providing potential for capital growth.
5. Positive Impact on the Community
Investing in NDIS properties can have a positive social impact by reaching out to people with different impairments and helping them access special housing options designed to make their lives easy.
If you are looking for NDIS housing investment plans, New Property Specialists is a great place to start. Their professional property advisors develop a comprehensive plan that suits your investment ideas and helps you to invest in the best deal.
Start your investment journey while receiving market-competitive rates with NPS.
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