Invest in affordable housing
Information for investors
If you're a prospective tenant or tenancy manager, read our information about NRAS rental properties and eligibility.
The National Rental Affordability Scheme (NRAS)
The scheme is an Australian Government initiative, supported by the Queensland Government to increase affordable housing for low-to-moderate income households.
NRAS in Queensland will conclude by 30 June 2025. Following the former Australian Government’s decision in 2014 to discontinue NRAS once incentives expire, the remaining NRAS rental homes in Queensland will exit the scheme by mid-2025.
The Department of Housing and Public Works encourages all current NRAS tenants to seek assistance from their local RentConnect officer up to 12 months prior to the NRAS incentive expiring. The department offers social housing for eligible customers and a suite of products and services to assist people to secure and sustain an alternative private rental home or get on the pathway to owning their own home. Please refer to your local Housing Service Centre.
For investors
The scheme offers investors an annual financial incentive to buy new, affordable homes and to rent them for at least 20 per cent below market rents to low-to-moderate income households.
The annual financial incentive is currently $12,463.23 per dwelling and is indexed annually to the rental component of the Consumer Price Index. The incentive has two parts:
- the Australian Government contribution of $9,347.42 per year for up to 10 years as a refundable tax offset, or a cash payment for charitable institutions
- the Queensland Government contribution of $3,115.81 per year for up to 10 years as a cash payment for dwellings in Queensland.
NRAS properties must be rented to tenants that meet the eligibility criteria.
Read more about the scheme, including regulations and program guidelines.
If you are interested in investing in a property under this scheme, contact an approved participant directly for information about investment opportunities. Approved participants are groups of investors that already invest in the National Rental Affordability Scheme. A list of approved participants can be found at the bottom of this page.
Make sure you get independent financial, legal and taxation advice before buying an NRAS property.
Property and tenancy managers
Property and tenancy managers must be nominated by an approved participant and approved by us before leasing a property under the scheme.
Property and tenancy managers for NRAS should be one of the following:
- Registered Community Housing Provider under the Housing Act 2003
- Licensed real estate agent
- Local government.
If you are interested in becoming an NRAS property and tenancy manager, please contact an approved participant directly.
Find out more about the requirements and role of property and tenancy managers.
Approved participants
Affordable Management Corporation Pty Ltd
Phone: (07) 3555 9500
Email: nras@amcnras.com.au
Aspire Housing Group
Email: reception@aspirehousinggroup.com
Phone: (07) 5414 2413
Australian Affordable Housing Securities Limited
Phone: 1800 940 773
Email: nras@aahsl.com.au
BRAL Investments Pty Ltd – Note: All Queensland incentives have expired
Mobile: 0427 850 082
Email: bralinvestments@gmail.com
Brisbane Housing Company Ltd
Phone: (07) 3307 3000
Email: reception@bhcl.com.au
Coast2Bay Housing Group Ltd
Phone: (07) 5451 2900
Email: nras@coast2bay.com.au
Community Housing (Qld) Ltd – Note: All Queensland incentives have expired
Phone: 1300 974 618
Email: admin@horizonhrl.com.au
Connect Housing Ltd – Note: All Queensland incentives have expired
Phone: (07) 4953 4952
Email: admin@connecthousing.com.au
Crown Property Pty Ltd
Mobile: 0431 465 060 or 0418 726 729
Email: david@nextproperty.com.au
Gladstone Central Committee on the Ageing
Phone: (07) 4972 4465
Email: admin@gccota.org.au
Home in Place (Queensland) Ltd (formerly Compass Housing Services) – Note: All Queensland incentives have expired
Mobile: 1300 333 733
Email: adminqld@homeinplace.org
The Trustee of the Isaac Affordable Housing Trust – Note: All Queensland incentives have expired
Phone: (07) 4968 3166
Email: chris@brownbird.com.au
The Trustee of the Kenjad Trust – Note: All Queensland incentives have expired
Phone: (02) 9715 6881
Email: adam_landrey@hotmail.com
Mystart Pty Ltd – Note: All Queensland incentives have expired
Phone: (07) 5554 0900
Email: reception@fnonthecoast.com.au
National Affordable Housing Consortium Ltd
Phone: (07) 3169 2500
Email: pdm@nahc.org.au
Philip Usher Constructions Pty Ltd – Note: All Queensland incentives have expired
Phone: (07) 3800 1666
Email: scott@philipusher.com.au
Questus Ltd
Phone: (08) 6184 8000
Email: qfml@questus.com.au
Sundale Ltd – Note: All Queensland incentives have expired
Phone: (07) 5441 0700
Email: reception@sundale.org.au
More information
Contact us
- Email: nras@housing.qld.gov.au
- Phone: Housing Services - 13 QGOV (13 74 68)