Invest in affordable housing
The National Rental Affordability Scheme (NRAS)
The scheme is an Australian Government initiative, supported by the Queensland Government to increase affordable housing for low-to-moderate income households.
For investors
The scheme offers investors an annual tax-free incentive to buy new, affordable homes and to rent them for at least 20% below market rents to low and moderate income households.
The annual tax-free incentive is currently $9981 per dwelling, and is indexed annually to the rental component of the CPI. The incentive has 2 parts:
- the Australian Government contribution of $7486 per year for 10 years as a refundable tax offset or payment
- the Queensland Government contribution of $2495 per year for 10 years as a cash payment for dwellings in Queensland.
NRAS properties must be rented to tenants that meet the eligibility criteria.
Read more about the scheme, including regulations and program guidelines.
If you are interested in investing in a property under this scheme, contact an approved participant directly for information about investment opportunities. Approved participants are groups of investors that already invest in the National Rental Affordability Scheme. A list of approved participants can be found at the bottom of this page.
Make sure you get independent financial advice before buying an NRAS property.
Property and tenancy managers
Property and tenancy managers must be nominated by an approved participant and approved by us before leasing property under the scheme.
Property and tenancy managers for NRAS should be one of the following a:
- Registered Housing Provider under the Housing Act 2003
- licensed real estate agent under the Property Agents and Motor Dealers Act 2000
- a local government.
If you are interested in becoming an NRAS property and tenancy manager, please contact an approved participant directly.
Find out more about the requirements and role of property and tenancy managers.
Approved participants
Affordable Management Corporation
- Phone:
- (07) 3234 8999
- Email:
- nras@amcnras.com.au
Anglicare Southern Queensland
- Phone:
- 1300 610 610
- Email:
- enquiries@anglicaresq.org.au
Aspire Housing Group
- Phone:
- (07) 5414 2413
- Email:
- contact@aspirehousinggroup.com
Aztec Developments
- Phone:
0409 399 699
- Email:
- janeosborne@aztecdevelopments.com.au
BRAL Investments
- Email:
- bralinvestments@gmail.com
Brisbane Housing Company
- Phone:
- (07) 3307 3000
- Email:
- reception@bhcl.com.au
Coast2Bay Housing Group
- Phone:
- (07) 5451 2900
- Email:
- nras@coast2bay.com.au
Compass Housing Services
- Phone:
- 1300 333 733 or 0422 616 913
- Email:
- nrasqld@compasshousing.org
Connect Housing Group
- Phone:
- (07) 4953 4952
- Email:
- admin@connecthousing.com.au
Crown Property
- Phone:
- 1300 400 777
- Email:
- info@nextproperty.com.au
Horizon Housing Solutions
- Phone:
- 1300 133 027
- Email:
- NRASenquiries@horizonhousing.com.au
Gladstone Central Committee on the Ageing
- Phone:
- (07) 4972 4465
- Email:
- admin@gccota.org.au
Horizon Housing Solutions
- Phone:
- 1300 133 027
- Email:
- hhc@horizonhousing.com.au
ING Garden Villages
- Phone:
- 1800 44 54 64
The Trustee of the Isaac Affordable Housing Trust
Mystart
- Phone:
- (07) 5554 0900
- Email:
- rentals@theinvestmentfocus.com.au
Philip Usher Constructions
- Phone:
- (07) 3800 1666
- Email:
- glen@philipusher.com.au
The Presbyterian Church of Queensland (Prescare)
- Phone:
- 1800 773 722
Quantum Housing Group
- Phone:
- 1300 840 934
Questus Funds Management
- Phone:
- 1800 243 410
- Email:
- katie.drysdale@questus.com.au
Sundale Ltd
- Phone:
- 1800 SUNDALE (1800 786 3253)
