Tradies Finance
Developing Australian Communities welcomes Tradies Finance as a Gold Sponsor of the Melbourne Disability Connection Expo on the 21st and 22nd April 2023.
Tradies Finance is a Non-Bank Lender with a unique lending product which allows more and more people to be involved in NDIS Investment Properties, which is a huge win for people with disabilities, as demand for properties isn’t keeping up with the needs of clients.
With Tradies NDIS lending product, Owner Occupiers and Investors can use a Long Form valuation to value the property, rather than a traditional Short Form valuation. This means they can use the full purchase price and 90% of the NDIS rental rather than figures from a standard rental to secure the property.
Rod, the Managing Director at Tradies Finance, has a daughter with cerebral palsy, so he has lived experience of disability and the aspirations parents have for their grown children to live a life of independence and autonomy as they reach adulthood and want to achieve all the things that any young adult wants, their own home.
Specialist Disability Accommodation (SDA) is housing that is designed specifically to meet the needs of people with very high support needs. Purpose-built disability housing is a growing market segment.
When combined with the SDA commonwealth funding payment model, SDA housing investments provide lucrative rental yields, much higher than what is attainable in standard residential or commercial properties. SDA payments are made under the National Disability Insurance Scheme (NDIS) program, to eligible participants to enable them to pay for accommodation in SDA housing.
The National Disability Insurance Agency (NDIA) is an independent statutory agency. Their role is to implement the National Disability Insurance Scheme (NDIS). There are around 4.3 million Australians who have a disability. Within the next five years, the National Disability Insurance Scheme (NDIS) will provide more than $22 billion in funding a year to an estimated 500,000 Australians who have permanent and significant disability.
The Australian Federal Government, working through NDIS, has committed funding towards Specialist Disability Accommodation for the next 20 years, providing an ultra-high yield investment opportunity for ethical property investors looking for more than just great income, but more importantly, offering the opportunity to make a real difference in the lives of people with a disability.
The number of people who need to live in supported accommodation is on the rise but there is a critical shortage of properties available and that is where Tradies Finance can help. With their focus on ethical investing, they can guide you through the process and help you garner an understanding of the NDIS system to help you make an informed decision about where to invest.
Tradies Finance have a number of wholesale funders behind them, and have been in business for nearly 20 years, so you can rest assured they know their stuff. We have also partnered with a number of other specialist companies in this space, to make sure every piece of the puzzle is covered. The great thing is that you know your investment’s end result is for the tenants to live their best life possible.
CONTACT DETAILS
Website:
https://www.tradiesfinance.com.au/
Phone
1300 556 840
Email
loans@tradiesfinance.com.au
Address
Level 1, 614 South Road, Moorabbin
VIC 3189