NRAS, What's that?

The National Rental Affordability Scheme (NRAS)

NRAS Is a Federal Government initiative to encourage the construction of new affordable housing in Australia. The scheme provides Federal, State and Territory Government incentives of $10,350 per annum for ten years to an investor.


The Commonwealth Government incentives is made up of a refundable tax offset of $7,486 p.a. This means it will reduce the amount of tax paid in any year and the Government Incentives are indexed annually and available for a period of ten years for each approved NRAS Property.


The State Government incentives are non-assessable, non-exempt income of $2,587. This means that the amount is not included in your income (no tax payable).


NRAS properties are for sale across a number of states, in prime real estate locations and growth corridors to provide for those who need affordable housing in the growing rental market.

For more information, visit us at www.australianpropertyagency.com.au/nr as/