Can I sell property?

Properties can be sold like any normal investment property.

The NRAS Incentive, for the year in which the property has more than one owner, is shared in the same proportions that each owner shared the rent for the year.

An Owner can remove the property from NRAS and the incentives will not be paid for the NRAS year in which the removal occurred (ie. this would occur if the property is sold to an owner occupier).

These requirements are to be used as a guideline only. For the complete requirements please refer to FaHCSIA’s website.