Investing in properties is a highly recommended way to earn good returns. You may have invested in a property or must be familiar with the concept, but have you ever heard of investing in an NDIS property?
Similar to any other property, the National Disability Insurance Scheme (NDIS) also allows you to invest. In this blog, we will focus on NDIS property investment, how it works, and the reasons that make you look forward to this option.
What Is the NDIS?
The National Disability Insurance Scheme is a venture of the Government of Australia which works to provide support services to people with disabilities. It started in 2016, and since then, it has supported its participants with either temporary or permanent disabilities. It has worked to improve their physical, mental, as well as emotional well-being.
Supported accommodation is one of its most accessed support services in which disabled people reside either for the short or long term. This accommodation is specially designed to cater to different disabilities.
The property in which the NDIS participants have been accommodated consists of high support needs and assistive technologies for extreme mobility issues and functional impairments.
The expense of this service is paid through participants’ funding which they receive according to their plan. Investing in a Specialist Disability Accommodation (SDA) is considerable as it generates significant rental yields and offers a great return which is almost about 7-15% per year.
Investing In An NDIS Property
If you are considering investing in an NDIS property, you must register through the NDIS and meet the eligibility criteria. This can be a great investment plan as the SDA market has expanded to a whopping $2.5 billion and is expected to grow more in the upcoming years due to an increased demand for such supported housing.
Now that we know what the NDIS is and how it can help you secure a good return rate. Let us look at how investing in an NDIS property can be beneficial to your financial capacity.
High Demand
As SDA is a popular support service of the NDIS and is gaining demand with time, it can be a stable and effective means of returns for its investors. It is highly beneficial for people with different disabilities as it eases their daily living and is an emerging service within the NDIS.
Ethical Investment Option
Not only NDIS property offers advantages for its investors, but it also contributes to society and serves a good cause by helping people who need extra support to live their lives. Therefore, your investments are ethical.
Significant Rental Yields
Investing in this specific category results in higher returns as compared to other property options available in the market. The government sources the finding because a guaranteed rental yield is provided to the investors, making it a sustainable investment opportunity.
New Property Specialists can help you with NDIS property investment through their strong networks and experience. They are professional property advisors who ensure their clients get the best deal with reliable options and a hassle-free process.
