NATIONAL RENTAL AFFORDABILITY SCHEME
 
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Tenant eligibility

New NRAS dwellings will become available for rent from 30 June 2012 and will continue to be rented under the Scheme for up to 10 years. As there is considerable demand for these dwellings there is no guarantee that you will be able to rent a dwelling developed under the Scheme.

The Australian Government does not select tenants or maintain a waiting list for homes supported by NRAS. This is done by the tenancy manager of the particular property, in this case MALI Property Group. You will need to contact us directly to register your interest. The allocation of NRAS dwellings managed by MALI to tenants is assessed by, and at the discretion of MALI.

Tenant Income Levels

NRAS homes are required to be rented to eligible tenants at least 20 per cent below the market rent to be eligible for the National Rental Incentive annually. The income levels for eligible tenants are specified in the NRAS Regulations. Initial tenant income levels are assessed against gross income according to the household composition as identified below.

Household type Initial income limit $ Upper income limit $
One adult 50, 489 63,112
2 adults 69, 804 87, 255
3 adults 89, 119 111, 399
4 adults 108, 434 135, 543
Sole parent with 1 child 69, 852 87, 315
Sole parent with 2 children 86, 600 108, 250
Sole parent with 3 children 103, 348 129, 185
Couple with 1 child 86, 552 108, 190
Couple with 2 children 103, 300 129, 125
Couple with 3 children 120, 048 150, 060

Household income limits are indexed annually on 1 May in accordance with the NRAS tenant income index. Effective 1 May 2018.

Eligible tenants’ income must be equal to or less than the initial income limit when they become a tenant of an NRAS dwelling. Income may increase up to 25 per cent (the upper income limit) before their eligibility is affected.

Incoming NRAS eligibility for household types not covered above can be calculated using the values below:

Person type Income level
First adult $50, 489
Each additional adult $19, 315
Each child $16, 748
First sole parent $53, 104
Independent minor $50, 489

For NRAS purposes, a household is considered to be all persons ordinarily residing in the dwelling. Therefore all adults who ordinarily reside in an approved rental dwelling are to have their income included as a member of the one household, in accordance with the income limits.

Properties available for rent

4 Amelia
4 Amelia Court, Sorell
Rent per week:
$320
Property type: Spacious 3 bedroom home on large block (not fully fenced). Garage with internal access, built-ins, dishwasher, open plan living, ensuite
Bedrooms: 3
Bathrooms: 2
State: Tas
Available: mid-November, 2018. Please contact Jason at Edwards Windsor to arrange a viewing. Ph: 6234 5500