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PRESS RELEASE: “North West Approved NRAS”


Questus has a unique position in the market as the only Approved NRAS Participant in WA’s Pilbara Region.  Questus will deliver over $400 million of affordable housing over the next 4 years.

The National Rental Affordability Scheme (NRAS)

The National Rental Affordability Scheme is an Australian Federal Government initiative to increase the supply of new affordable rental dwellings by up to 50,000 by June 2014. Under NRAS, the Federal, State Governments and Territories will provide tax-free incentives to approved applicants.

For more information on NRAS go to the Federal Government website at SEWPaC

Questus & NRAS

Questus has currently delivered and tenanted over 400 NRAS properties and is involved in facilitating the delivery of an additional 2,600 properties over the next three years Australia-wide.

NRAS Investment Properties

Questus has Approved NRAS Properties available for investment including:

  • Apartments
  • Townhouses
  • House and land packages
  • Duplex Pairs - offering Double NRAS Incentives i.e. $19,048 pa

To view a selection of properties available, go to FOR SALE or call 1800 234 410.
Rivergums Estate Baldivis

Looking to Invest in an Approved NRAS Property?

If you are interested in investing in an NRAS backed investment, please contact your advisor, financial planner, or call Questus on 1800 234 410.

For financial planners or investment advisers wishing to learn more about NRAS Approved Properties for your clients, please call our office on 1800 234 410.

Summary of NRAS Incentives:

  • NRAS offers annual tax free incentive payments for ten years.
  • Payments are indexed in line with the housing rental component of the Consumer Price Index (CPI)
  • The current NRAS incentives from 1 May 2011 to 30 April 2012 are $9,524.
  • The Refundable Tax Offset from the Federal Government is $7,143 and the Non Assessable Income (Cash) amount from the State or Territory Government is $2,381
  • Properties must be rented at least 20% below the current market rent.
  • Properties are targeted to working Australians who are subject to income eligibility.