Investment in Specialist Disability Accommodation (SDA) properties under the National Disability Insurance Scheme (NDIS) has been growing due to increased demand for quality housing options for people with disabilities. Here are some of the demands driving the investment in SDA properties:
- Need for high-quality housing: People with disabilities require high-quality housing that is accessible, safe, and meets their unique needs. SDA properties are designed to provide this level of accommodation, with features such as wider hallways and doorways, wheelchair accessible bathrooms, and specialized equipment to support daily living activities.
- NDIS funding: The NDIS provides funding for eligible participants to access SDA properties. This funding is designed to cover the cost of building, purchasing, or modifying SDA properties to meet the needs of people with disabilities. This funding provides investors with a stable income stream, as long as the SDA property is leased to eligible NDIS participants.
- Growing demand: The demand for SDA properties is increasing due to the aging population, and the number of people with disabilities who require specialized housing options is expected to continue to grow. This growing demand presents a potential opportunity for investors to capitalize on the market.
- High rental yields: SDA properties can provide investors with high rental yields due to the NDIS funding, which covers a significant portion of the rental costs. Additionally, SDA properties are often leased on long-term agreements, providing investors with a stable income stream.
- Positive social impact: Investing in SDA properties can have a positive social impact, by providing quality housing options for people with disabilities and improving their quality of life.
Overall, investment in SDA properties is driven by a combination of factors, including the need for high-quality housing, NDIS funding, growing demand, high rental yields, and the potential to have a positive social impact. As such, SDA properties are becoming an attractive investment option for investors looking for stable returns and a socially responsible investment.
Interested in learning how you can invest in these high performing properties? Call us 0403 803 470 discuss further or email us sdainvest@philipsgroup.com.au
- What is SDA? Specialist Disability Accommodation (SDA) refers to housing that has been designed or modified to meet the specific needs of people with disabilities who require specialist housing solutions.
- How can I invest in SDA properties? Investing in SDA properties involves purchasing, building or modifying a property to meet SDA standards and then leasing it to eligible National Disability Insurance Scheme (NDIS) participants. Investors can receive stable income streams from long-term leases, funded through the NDIS.
- What are the requirements for an SDA property? To be considered an SDA property, it must meet specific accessibility and livability criteria, including features such as wider hallways and doorways, wheelchair accessible bathrooms, and specialized equipment to support daily living activities.
- Who is eligible to live in an SDA property? Eligibility for SDA housing is determined by the NDIS, based on the participant’s individual needs and goals. SDA housing is designed for people with disabilities who require specialist housing solutions, and the NDIS funding for SDA is only available to eligible participants.
- How does the NDIS funding work for SDA properties? The NDIS provides funding for eligible participants to access SDA properties. This funding covers a portion of the rental costs and can be used to cover the cost of building, purchasing, or modifying an SDA property to meet the needs of the participant.
- What are the benefits of investing in SDA properties? Investing in SDA properties can provide investors with a stable income stream from long-term leases, and potential for capital growth. It can also have a positive social impact by providing quality housing options for people with disabilities and improving their quality of life.
- What are the risks associated with investing in SDA properties? As with any investment, there are risks involved with investing in SDA properties, such as changes to government policies, changes in demand for SDA housing, and property management risks. It is important for investors to do their research and seek professional advice before making an investment decision.
- How do I find out more about investing in SDA properties? Investors can research the NDIS website, engage a property investment advisor like us, or seek out specialist SDA property investment service providers to find out more about investing in SDA properties. It is important to consider the specific circumstances and goals of the investor before making any investment decisions.