A Unique Investment Opportunity — NDIS Specialist Disability Accommodation
The introduction of the NDIS (National Disability Insurance Scheme) has changed the way in which people with disabilities and their families in Australia receive government support. Rather than state governments and other organisations providing funding, participants will instead receive support directly, thereby giving them options as to which service providers they engage with.
Central to this is the provision of Specialist Disability Accommodation (SDA), housing designed specifically for NDIS participants who require specialised living arrangements.
It is now possible for private and corporate investors to participate via the Specialist Disability Accommodation Innovation Plan, in order to grow the number of specialist dwellings that are being built across the country.
What is NDIS property investment?
Investors being able to enter the SDA market represents a unique opportunity.
There is currently a shortage of high-dependency accommodation available in Australia. For approved properties which are built for those with specialised accommodation requirements, the Australian Government will pay NDIS participants’ rental costs for 20 years and provide investors with rental yields of up to 18%.
How does NDIS property investment work?
In order for a property to become available to NDIS participants seeking SDA, the property needs to be enrolled and compliant according to SDA Rules, and the owner is required to be registered as an SDA provider.
The National Disability Insurance Agency (NDIA) will then connect NDIS participants with investors and developers who provide “high quality, fit-for-purpose and innovative dwellings.” Individual NDIS participants will have an approved accommodation budget, and so they will be able to negotiate a rent directly with the housing provider, based on the size of the dwelling, its location and the accessibility it provides.
There will be a variety of platforms available for providers to find tenants, and there is also the option for SDA properties to be made available in other markets as well.
High Income Property makes NDIS property investment Easy
At High Income Property, we can help you to become an NDIS property investor as a means of effectively growing your property portfolio and benefiting from high rental yields, while at the same time helping to improve the lives of fellow Australians who have hitherto not been well catered for in terms of adequate or appropriate housing.
If you would like find out more about the opportunities available to invest in NDIS property, call us on (02) 8007 4001 or email High Income Property and we can help you begin your property investment journey.
Hi There,
Interested in more information regarding investing in NDIS properties.
Thanks,
Mansukh