Specialist Disability Accommodation Perth

NDIS Property Australia strives to provide every disabled Australian with an extreme functional impairment or very high support needs with a suitable living environment. There are well over a thousand NDIS participants in Perth who qualify for Specialist Disability Accommodation funding, and we want to offer them accessible specialist disability accommodation in Perth so they can live independently with their communities. 

NDIS Property Australia recognises that having a suitable home for people with disability can make all the difference. We are one of the premier providers of specialist disability accommodation in Perth and are committed to providing housing solutions that meet participants' needs and wants for thriving in a community, achieving their goals and dreams, and living life to the fullest.

Our goal is to provide excellent living environments that enable people with disability to live, learn, and work in an inclusive community environment while providing a home that also assists participants' caregivers to easily and efficiently deliver support. We collaborate with experts to provide Perth with specialist disability accommodations that meet the highest standards.

The purpose of this article is to investigate the factors driving Perth's economic boom and to determine if investing in specialist disability housing in Perth is a good idea.

Why Invest in Specialist Disability Accommodation in Perth?

Experts predict that Perth's property market will experience double-digit price growth and a tighter rental market in 2022. The biggest factor to impact the residential market will have been the re-opening of Western Australia’s borders earlier this year. PropTrack Economist Anne Flaherty believes that Western Australia's borders have been tighter than other Australian borders and that this is likely to have been impacting the property market.

According to Real Estate Institute of WA president Damian Collins, the labour shortage in the construction sector is preventing sufficient housing from being built in Perth, resulting in a shortage of housing that is urgently needed. The institution forecasts that rates will leap between 10 and 15 per cent in 2022.

“Rents will continue to rise in Perth in 2022, despite the fact that tenant demand will remain high. The Perth rental market is still very affordable for WA tenants, who enjoy the nation's most favourable rental conditions,” he said.

All of those things together – strong demand, a strong economy, and limited supply – point to 10% price growth, unless something unexpected happens to the economy.

Following are other reasons to invest in Perth?

The Strong Economy

Despite the global recession resulting from the pandemic, Western Australia was shielded to a certain extent because of its location. WA's economy has been one of the country's most successful, and core economic activities have remained relatively solid. At a global level, WA has one of the world's best-performing economies. 

According to the latest data, jobs in WA are above national levels, and the unemployment rate is the lowest in the country and the lowest in the state in 13 years. It is a remarkable achievement in the era of COVID-19.

The Interest Rate

Economists at Australia's major banks believe that the Reserve Bank of Australia will either raise interest rates later this year or in 2023 in order to curb inflation. However, the amount by which interest rates will rise is uncertain, they expect rates to remain below 1.25 per cent by the end of the year.

Higher interest rates may cause housing prices to increase at a slower pace, according to Mr Collins, but he doesn't expect them to decline.

Interest rates are predicted to rise in WA, yet the real estate market won't crash. The economy will continue to prosper, and the state will continue to have some of Australia's most affordable homes. The low availability of housing and specialist disability accommodation in the rental market will contribute to another year of strong growth.

The Shortage Of Rentals May Ease Slightly

Two main factors are expected to contribute to a modest increase in Perth rental property in 2022: new constructions and increased investor interest. 

Investors looking to diversify their portfolios and get in on a growing property market in Perth experienced an increase in investor finance levels in 2021. This will likely continue in 2022.

Greater investment activity over time could ease Perth's shortage of rental properties, especially for NDIS Properties.

Should I Invest in Specialist Disability Accommodation in Perth?

Property prices in Perth are already on the rise, and the specialist disability accommodation market is no exception. If you're looking to get in on the action, this is the place to look for. 

NDIS Property Australia can help you in Perth and other locations in the specialist disability accommodation industry. We've assisted many investors and participants in specialist disability accommodation. If you are thinking about investing in Perth or another location, please contact NDIS Property Australia for a consultation. Find out what you can accomplish with NDIS Property Australia today, and get in touch! 

We have access to a growing number of specialist disability accommodation investment opportunities all across Perth WA.