Invest in affordable housing

Information for investors

If you're a prospective tenant or tenancy manager, read our information about NRAS rental properties and eligibility.

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.

NRAS in Queensland will conclude by 30 June 2025. Following the former Australian Government’s decision in 2014 to discontinue NRAS once incentives expire, the remaining NRAS rental homes in Queensland will exit the scheme by mid-2025.

The Department of Communities, Housing and Digital Economy encourages all current NRAS tenants to seek assistance from their local RentConnect officer up to 12 months prior to the NRAS incentive expiring. The department offers social housing for eligible customers and a suite of products and services to assist people to secure and sustain an alternative private rental home or get on the pathway to owning their own home.  Please refer to your local Housing Service Centre.

For investors

The scheme offers investors an annual financial incentive to buy new, affordable homes and to rent them for at least 20 per cent below market rents to low-to-moderate income households.

The annual financial incentive is currently $11,615.31 per dwelling and is indexed annually to the rental component of the Consumer Price Index. The incentive has two parts:

  • the Australian Government contribution of $8,711.48 per year for up to 10 years as a refundable tax offset, or a cash payment for charitable institutions
  • the Queensland Government contribution of $2,903.83 per year for up to 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, legal and taxation 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 a property under the scheme.

Property and tenancy managers for NRAS should be one of the following:

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 Pty Ltd

Phone: (07) 3555 9500

Aspire Housing Group

Phone: (07) 5414 2413

Australian Affordable Housing Securities Limited

Phone: 1800 940 773

BRAL Investments Pty Ltd – Note: All Queensland incentives have expired

Mobile: 0427 850 082

Brisbane Housing Company Ltd

Phone: (07) 3307 3000

Coast2Bay Housing Group Ltd

Phone: (07) 5451 2900

Community Housing (Qld) Ltd

Phone: 1300 974 618

Connect Housing Ltd

Phone: (07) 4953 4952

Crown Property Pty Ltd

Mobile: 0431 465 060 or 0418 726 729

Gladstone Central Committee on the Ageing

Phone: (07) 4972 4465

Home in Place (Queensland) Ltd (formerly Compass Housing Services) – Note: All Queensland incentives have expired

Mobile: 1300 333 733

The Trustee of the Isaac Affordable Housing Trust

Phone: (07) 4968 3166

The Trustee of the Kenjad Trust

Phone: (02) 9715 6881

Mystart Pty Ltd – Note: All Queensland incentives have expired

Phone: (07) 5554 0900

National Affordable Housing Consortium Ltd

Phone: (07) 3169 2500

Philip Usher Constructions Pty Ltd – Note: All Queensland incentives have expired

Phone: (07) 3800 1666

Questus Ltd

Phone: (08) 6184 8000

Sundale Ltd – Note: All Queensland incentives have expired

Phone: (07) 5441 0700

More information

Contact us