Understanding the Specialist Disability Accommodation stats
The National Disability Insurance Scheme (NDIS) has become one of the most important social reforms in Australian history. With its rollout, an incredible number of people with disabilities now have access to disability support services that they didn’t have before.
At NDIS PROPERTY AUSTRALIA, we understand that many investors are looking for a property with strong social impact. That’s why we believe that purchasing an NDIS investment property is one of the best investments you can make. The current and future demand for SDA homes is huge, due to the massive undersupply highlighted by recent figures released by the NDIA.
- There is a huge undersupply and demand for NDIS homes over the next decade
- The current statistics around NDIS participants and SDA matter for investors
- At NDIS PROPERTY AUSTRALIA, we can help you understand this niche market to make the most of your NDIS investment opportunity
- Our investment consulting services can help you earn amazing returns from your Social Impact investment
There is a huge undersupply and demand for NDIS homes over the next decade
This is because the NDIS scheme is still in its early stages, and as it continues to grow, so will the demand for properties that are suitable for NDIS participants. This presents a great opportunity for investors who are looking to get into the market now.
The current statistics around NDIS participants and SDA matter for 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 AUSTRALIA, we can help you buy an NDIS investment property
The undersupply of homes for current and future participants of the National Disability Insurance Scheme (NDIS) who will be funded for SDA has created a strong future for NDIS property investment in Australia. Being able to provide such a bright future for so many NDIS participants that are looking for an SDA home or will start their journey towards finding their forever home in the coming months and years must be one of the best social impact investments there is.
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.
Our investment consulting services can help you earn amazing returns from this Social Impact investment
When it comes to social impact investment, there’s no better place to put your money than in NDIS properties. Not only do they offer a great return on investment, with returns anywhere from 6% to upwards of 12%, depending on the individual property and tenancy levels, but they also provide much-needed housing for some of the most vulnerable members of our society. By building housing for people with disabilities, you are helping to make their lives easier and more comfortable.
We at NDIS PROPERTY AUSTRALIA are connected to builders, developers, and providers Australia wide, ensuring we have access to all stakeholders necessary to assist you in your journey to become a Social Impact NDIS property investor.
If this has you feeling excited – and how could it not? – you’ll be wondering about where to go next. Make sure you stay up to date on all the latest NDIS news so you can make informed decisions about your investment portfolio.
For more information, please don’t hesitate to get in touch with our team at NDIS PROPERTY AUSTRALIA. Pick up the phone and call 1300 254 397 and one of our friendly team members will be more than happy to take your call and direct you towards a future that’s not only promising for yourself but for the NDIS participants that you’ll be able to help.