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NRAS 2017-08-15T11:48:35+00:00

National Rental Affordability Scheme

The National Rental Affordability Scheme (NRAS or the Scheme) is a long term commitment by the Australian Government to invest in affordable rental housing.

NRAS provides people on low to moderate incomes with an opportunity to rent homes at a rate that is at least 20 per cent below market value rent. NRAS homes are not social housing — they are affordable private rental homes. Homes can range from studio apartments right through to family homes, and are located where affordable rental accommodation is most needed, especially in areas where employment, schools and other services are available nearby.

NRAS homes may remain in the Scheme for up to 10 years provided they continue to meet eligibility requirements. NRAS tenants have the same rights given to all tenants under the relevant residential tenancy law in the State or Territory where the property is located.

Documents required for application:

  • Completed Tenant Consent Form
  • Tenancy application on our website
  • Centrelink Income statement (last 12 statements) & Centrelink PAYG Summary Individual non-business
  • 6 months of bank statements to date
  • 3 consecutive payslips to date & Tax Return
  • Statutory Declaration (if no income is earnt)
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