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National Rental Affordability Scheme

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The Australian Government launched in July 2008 a National Rental Affordability Scheme, which aims to increase the supply of affordable rental housing by 50,000 dwellings across Australia by 2012, and a further 50,000 after July 2012, subject to demand.

The scheme offers investors financial incentives to build new affordable rental properties in high need areas. The Australian Government will call for expressions of interest from investors interested in the scheme.

All enquiries for the scheme should be directed to the Commonwealth Department of Families, Housing, Community Services and Indigenous Affairs on 1800 334 505. Further information, including application guidelines, application form, program guidelines and a set of questions and answers about the scheme, is available at the External link National Rental Affordability Scheme website.

The Queensland Government, through the Department of Housing, is working with the Australian Government on delivering the scheme in Queensland. A PDF fact sheet (24Kb) with information for investors who wish to make a submission to develop a National Rental Affordability Scheme property in Queensland is available for further information.

A data package with information on the Queensland housing market is also available to assist investors in their preparation of applications to the National Rental Affordability Scheme.

Related links for the National Rental Affordability Scheme

Information for prospective tenants

Last updated 01 June 2009