Due Diligence
Conducting Due Diligence on NDIS Property Investments
While NDIS housing promises attractive yields, it still needs to be evaluated with the same level of scrutiny as any other investment. Here are some key considerations:
1. Research Market Demand and Supply: Understand NDIS property demand and supply dynamics in different locations. Target areas that face an undersupply of approved NDIS dwellings.
2. Educate Yourself on NDIS Rules and Guidelines: Learn about housing types, accessibility requirements, modifications, policy changes, and trends related to NDIS investment properties.
3. Finance Appropriately: Specialized NDIS property loans are available for both purchases and construction costs. Prepare for higher deposits (around 30-35%) and factor in stamp duty valuations and concessions for disability accommodation across different states.
4. Choose a Location Wisely: Consider infrastructure, local demand, and accessibility when selecting an NDIS investment property.
5. Manage for Success: Once you’ve acquired the property, manage it effectively to achieve strong rental yields while providing much-needed housing for NDIS participants.
Remember that thorough due diligence is essential to make informed investment decisions in the NDIS property market.
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