NRAS Perth - National Rental Affordability Scheme
Published - August 26 2011
If you are a property Investor in Perth then the NRAS Scheme Provides $100,000 Tax Free From The Federal Government. The National Rental Affordability Scheme (NRAS) is aprovided by the Australian Government to invest in rental housing that is affordable.
Perth Property Developer Yaran Group specialises in investment properties and has an NRAS Allocation of 70% of all Properties allocated to developers. Properties are located in established suburbs across Perth and Western Australian country areas.
The Program works to deal with the lack of affordable rental housing in Perth, Western Australia and more widely Australia with the scheme running in other capital cities.
The government has determined that offering large financial incentives to the property investment community to build rental property for low and moderate income households at a rate that is at least 20 per cent below the prevailing market rates.
Yaran Group through NRAS aims to:
increase the supply of new affordable rental housing in Perth and Western Australia;
reduce rental costs for low and moderate income households; and
encourage large scale investment and innovative delivery of affordable housing.
Increase tax benefits, Build wealth for Western Australian Investors
The Australian Government is committed to stimulate the construction of 50,000 high quality homes and apartments, providing affordable private rental properties for Australians and their families.
Tags: Perth NRAS, National Affordability Scheme, National Rental Affordability Scheme, Investment Property, Perth, Western Australia
