NRAS tenants and landlords are regulated under State and Territory tenancy laws. The same rules regarding evictions, maintenance obligations and responsibilities of tenants apply to NRAS tenants as they do to other tenants in the private market.
NRAS tenants tend to be key workers, such as childcare workers, teachers, nurses, police officers, fire fighters, trades people and paramedics.
Approximately 1.5 million households are currently eligible to rent NRAS properties.
Investors can pick any tenants for NRAS properties, as long as these tenants do not exceed a certain income and asset threshold and in Queensland are Australian and Queensland residents.
Upper levels for eligible NRAS tenants are generous and allow for tenant salary increases of 25 per cent above the entry income limit.
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