What is an NRAS Investment Property?

What is an National Rental Affordability Scheme (NRAS) investment property? The National Rental Affordability Scheme (NRAS) is an Australian Government initiative. It is a commitment to improve the affordability of housing for low to medium income earners. The purpose of raising the NRAS investment property scheme is to increase the supply of affordable housing for those in need. By offering an incentive to property investors, the NRAS scheme is designed to increase the number of affordable homes and reduce the…

NRAS Investment - What is it? How does it work?

What is the National Rental Affordability Scheme and NRAS Investment? The National Rental Affordability Scheme (NRAS) is an Australian Government initiative to promote the availability of affordable rental properties. The scheme is commonly known as NRAS. It is a plan to address the shortage of affordable rental properties around the country. The NRAS is basically a plan which offers financial incentives to those who invest in rental properties that are suitable for low to medium income earners. By offering incentives…