Understanding the Specialist Disability Accommodation stats
In this era of highly specialized technologies, all the countries are focusing on bringing reforms in many sectors of human life. Likewise, Australia initiated a social reform ”The National Disability Insurance Scheme (NDIS)” which now has become one of the country’s significant social reforms and is now acting as an example to all other countries in the world. With its implementation, an enormous number of persons with impairments now have access to disability support services that they previously did not have.
At NDIS Property Investing, we understand and acknowledge that many investors are looking for a property with a strong social impact; for this sole reason we believe purchasing an NDIS investment property is without a doubt one of the best investments, you can make. According to research, it has been declared that the current and future demand for SDA homes is huge because of the severe undersupply highlighted by the NDIA's recent figures.
- There is a huge undersupply and demand for NDIS homes over the next decade.
- Investors should pay attention to recent NDIS and SDA figures.
- At NDIS Property Investing, we can assist you in better understanding this particular market so you can get the most out of your NDIS investment.
- Our investment advisory services can assist you in achieving incredible returns on your Social Impact investment.
Now let us try to understand each given factor in detail:
There is a huge undersupply and demand for NDIS homes over the next decade
This is due to the fact that the NDIS program is still in its infancy, and as it grows, so will the need for properties that are suited for NDIS participants.
This is a fantastic chance for investors who want to get into the market right now.
The current statistics around NDIS participants and SDA matter to investors
In 2016, the Productivity Commission estimated that there would be around 460,000 NDIS participants in Australia, and this number has now grown to 502,413 as of 31st December 2021. This number is only going to grow in the coming years. The forecast for 30 June 2030 is 859,300.
With an estimated 6% of all NDIS participants expected to receive SDA funding, that means that the demand for SDA places will go from around 28,000 to upwards of 50,000. Currently, figures nationwide show an average of around 1.8 participants per dwelling. If this average stays the same, this means that by 2030 we are likely to need more than 28,000 dwellings in total.
Figures released by the NDIA for the period to 31 December 2021 show there are a total of 6,764 enrolled SDA dwellings nationwide, (4,302 of which are basic and legacy homes, that will be phased out over the next several years), and only 2,462 new build dwellings currently enrolled, with an additional 2,162 in the pipeline.
This totals just 4,624 new build dwellings enrolled in the 20-year SDA scheme. This is a long way short of the estimated 28,000 required by 2030.
At NDIS Property Investing, we can help you buy an NDIS investment property
The lack of housing for current and future users of the National Disability Insurance Scheme (NDIS) who will be reimbursed for SDA has given NDIS property investment in Australia a bright future. Being able to create such a bright future for so many NDIS participants who are seeking an SDA home or will begin their search who will begin their search for their forever home in the coming months and years has to be one of the best social impact investments available.
If you are an investor interested in purchasing an NDIS investment property, it is important to understand some of the statistics behind this huge undersupply and demand for NDIS homes over the next decade. This will help you make an informed decision about whether this investment option is right for you. To be clearer and understand more about NDIS property and NDIS Property Investing we are here to help you 24/7. We know the value of time and a yearning for one’s own home. Free feel to get in touch with us, anytime and anywhere.
With this Social Impact Investment, our investment consulting services can help you make incredible returns.
When it comes to social impact investing, NDIS properties are the finest option. They not only give some of the most vulnerable members of our society with much-needed accommodation but also an excellent return on investment, with returns ranging from 6% to upwards of 12%, depending on the specific and required levels. You must also acknowledge that by building housing for people with disabilities, you are helping to make their lives easier and more comfortable and giving something for the improvement of society. In order to offer you the support you need on your road to becoming a Social Impact NDIS Property Investor, we the NDIS Property Investing are connected to builders, developers, and suppliers across Australia. With all these stats of facts and figures, it is bound to make you feel excited and now your next step will be looking for a place to go next. To make wise selections regarding your financial portfolio, make sure you keep up with all the most recent NDIS use.
For more information, please don’t hesitate to get in touch with our team at NDIS Property Investing. Our team comprises of well-trained, active, and committed individuals who are always available to answer your questions and accompany you through each and every step of the process.
For further queries visit: https://ndispropertyinvesting.com.au/
Keywords: NDIS Property Investing, NDIS investment property, Specialist disability accommodation, SDA homes, NDIS property, SDA, NDIS homes.