national rental affordability scheme

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NRAS Victoria

NRAS Victoria

Who Else Wants To Purchase A High Capital Growth,

 High Rental Yeild And Positive Cash Flow

NRAS Properties In Victoria?

 

NRAS Property Tax Specialists – NRAS Victoria Can Show You How You Can Find An NRAS Property Which Satisfies Your Wealth Creation, Tax Minimisation & Property Investment Goals.

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NRAS Property Tax Specialists

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NRAS Victoria

 

 

NRAS in the State of Victoria

The National Rental Affordability Scheme is an Australian Government proposal to re-kindle the building sector, which has been stricken by the recession and also address Australia’s persistent housing shortage.

NRAS Victoria provides property investors with a tax break enabling them to make money free of tax, over the next 10 years whilst they own the property. This tax break is assigned to the property and therefore would remain assigned to property if it was sold on.

The National Rental Affordability Scheme was conceived during 2008. The scheme has really taken off and now in 2011 we are seeing NRAS properties available for sale to investors.

Using NRAS, the Australian Government is giving out incentives to; improve the amount of affordable houses for rent, lessen the rent outgoings for low and moderate family households as well as boosting larger scale investment and construction of affordable housing.  As a result of this the property investment market has potentially altered for the next 10 to 20 years for all property investors, whether novice or experienced.

What are the benefits of NRAS properties?

  • The property owner will receive tax fee payments given in tax rebates and cash backs over 10 years from both the federal and state governments.

 

  • NRAS certification of tenants prior to the property being let means a greater chance of obtaining a good tenant.

 

  • Most properties are Positive Cash Flow.

 

Who are likely to be your NRAS Victoria Tenants?

NRAS was set up to assist vital community employees, such as Police Officers, Nurses, Fire Officers as well as the over 55′s and community organisations.

Managing Agents will ensure that any potential tenants are properly vetted before being permitted to rent the property.

Further Reading

For further information on housing in Victoria go to the government website at; http://www.dhs.vic.gov.au/for-individuals/housing-and-accommodation