The South Australian Government said it provided for another 38,000 houses, 100,000 residents and 43,000 extra jobs in the region. The growth plan takes in areas including Playford, Angle Vale and Virginia and business plans for Edinburgh. As well as housing, the plan outlines road needs, drainage, sewerage and expansion of schools and public transport….
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Watch our Find Out The Facts summary presentation.
If you have the above it is likely you will qualify to receive the Government’s tax free incentives.
To find out more, watch our Summary Presentation, Download the Facts or attend our regularly 30 minute Information Sessions with Master Financial Planner Brian Lucas.
The benefits offered by NRAS make investing in property easier than it's ever been.
- NRAS incentive: currently $9,981 (plus CPI)* for 10 years tax free
- Large pool of quality tenants ready to move in now
Plus all the regular benefits of property investment via negative gearing...not to mention good rental yields and capital gains.
Many builders in SA did not understand what NRAS offered and were reluctant to take up the opportunity. Fortunately we decided to specialise in NRAS more than two years ago and that has seen builders wanting to work with us.
As such we get good stock but nowhere near as much as we can use. Slowly but surely this is changing with the long term future of NRAS assured and the shortage of quality, affordable rental housing growing.
While the NRAS incentives will be here for years to come right now is the time to act. Firstly, interest rates are as low as they may ever be and secondly there are special incentives that end at the of the year.
The SA Government’s $8,500 Housing Construction Grant is available to anyone contracting to buy/build a new home up to December 31...and it's tax free and paid as soon as the slab is poured on your new NRAS investment property well before the property is even finished.
Plus at NRAS4SA we are offering an extra $1,500 until December 31 2013.
$8,500 SA Housing Construction Grant Extended
Premier Jay Weatherill and Federal Housing Minister Mark Butler today added more good news to the building industry with announcements that will see: AN extra $30 million to build 100 new social housing dwellings and $20 million to help community housing providers build 75 homes. THE the number of homes built through the Federal Government’s National…
Continue Reading »Revenue SA’s Housing Construction Grant Extended
Great news for property investors. Revenue SA’s Housing Construction Grant has been extended until the end of the year. However we have high demand and limited stock so get in quick. See full article from The Advertiser below… Premier Jay Weatherill will commit $38.7 million in the State Budget to retain the Housing Construction Grant….
Continue Reading »Interest rates at all time low…So why wouldn’t you?
There has never been a better time to invest in your future. With possible changes of Government, budget cuts and low interest rates. Not to mention more people looking to rent than buy. Add to this the long term incentives of the National Rental Affordability Scheme (NRAS) and the tax free cash incentives being offered…
Continue Reading »Investing in your kids future…Leveraging your equity to get them started with NRAS
In the past people thought about building an inheritance for their kids but more recently they think more about spending it and enjoying life to the fullest. We now think you can have the best of both worlds thanks to NRAS. If you have significant equity in your own home now and have kids earning…
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