Specialist Disability Accommodation (SDA) is purpose-built housing designed to meet extremely high needs or extreme functional impairments of eligible Australians under the age of 65, funded by the National Disability Insurance Scheme (NDIS). Jarra Property is currently actively working with NDIS service providers, Supported Independent Living (SIL) Providers and investment capital to create new and innovative SDA in Perth, that exceeds the needs of SDA Participants in our community.
Why is SDA an attractive investment opportunity?
Access to secure, accessible and affordable housing is a fundamental human right. However, people with disabilities are at a much greater risk of living in unaffordable housing where the cost of keeping a roof over their heads can only be met by reducing spend on daily essentials like food and health care. As a result, they face a higher risk of homelessness, prompting concerns about a disability housing crisis in Australia. SDA serves to address this by providing housing that has been specially designed to meet the needs of people who have high support needs.
Not only can SDA properties provide higher returns compared to traditional residential properties, due to higher rental yields and Government funding, they also present investors with the opportunity to make a positive social impact. By investing in SDA, investors are providing tailored, suitable and comfortable accommodation for people with disabilities, who may otherwise struggle to find housing to meet their needs.
SDA presents an exciting investment opportunity in a growing sector that provides much needed support to people whose needs are not currently being met by the Australian residential housing market. With insufficient available SDA stock and the number of SDA participants growing at an annualised rate of 18.0% over the past 3 years, the Federal Government is stimulating development in the sector.
The SDA market has a growing tenant base and is a fully managed program with Federal Government backing.
Jarra Property SDA investment opportunities
Jarra Property is a commercial property investment and development company that has engaged SDA Providers and industry to understand the needs of the local community. Our SDA investment strategy is to work closely with SDA providers with a proven track record to deliver high standard accommodation in supply constrained locations.
Jarra Property’s SDA products are not only designed to meet the highest NDIS SDA Design Certification, giving SDA Providers flexibility regarding the Participant they have in the accommodation, but they are also designed with a focus on quality and livability for the Participants. This approach is intended to minimise occupancy risk as much of the competing product is expected to be delivered with a cost focus. The end goal is for Jarra Property to develop dwellings that people are proud to call their home.
Jarra Property’s Development Director, Stefan Piruk, explained that the location of SDA in Perth is extremely important with properties located in areas with high SDA demand, likely to provide higher rental yields and greater potential for capital growth. “Integrating Participants within the community, keeping them within close distance of family and support networks, providing opportunities to access public transport and for social and economic participation are all key factors in the identification of potential SDA sites. This combined with our focus on creating high quality SDA is what differentiates Jarra, and strengthens the opportunity for investors.”
With capital secured for three SDA villas currently under construction and four more villas on the way as part of Jarra Investment Trust Twenty Five, the Jarra Property team have the skills and experience required to find sites best suited to the needs of SDA Participants, have established relationships with trusted builders and understand the design standards and development application process required to deliver a successful project.
If you are interested in finding out more about investing in this space, please contact Jarra Property’s Commercial Director, Mike Cameron, on 0402 435 998.
If you are a SIL, ILO or SDA Provider, Plan Manager or Support Coordinator, we encourage you to reach out to discuss further. To find out more about working with us on future SDA projects, please contact Jarra Property’s Development Director, Stefan Piruk, on 0409 659 695.
Current SDA Projects
Specialist Disability Accommodation, Perth (Balga) – Under Construction – find out more
Specialist Disability Accommodation, Perth (Mandurah) – Open for Investment – find out more