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How Many Potential Tenants are There – NDIS Investors Handbook

The number of potential tenants for Specialist Disability Accommodation (SDA) in Australia is significant and growing. Here’s an overview of the current and projected figures:

Current Eligible Participants

As of September 2023, there were 23,227 active NDIS participants with SDA support. This represents a 15% annual increase over the last three years, indicating a steady growth in demand for specialized housing.

Projected Growth

The National Disability Insurance Agency (NDIA) has provided long-term projections for SDA demand:

  • By June 2042, it’s estimated that approximately 36,700 participants will require SDA.
  • This projection represents an average annual growth rate of 2.4% from June 2022 to June 2042.

Factors Influencing Demand

Several factors contribute to the increasing demand for SDA:

  1. Expanding NDIS coverage across Australia
  2. Growing awareness of SDA options among eligible participants
  3. Aging population and increasing prevalence of disabilities
  4. Shift from group homes to more individualized living arrangements

Regional Variations

Demand for SDA varies across different regions in Australia. Some areas, like Western Australia, have shown significant increases in SDA development, indicating a catch-up phase to meet local demand.

Important Considerations

  • Not all NDIS participants require SDA. It’s specifically designed for those with extreme functional impairment or very high support needs.
  • Only about 6% of NDIS participants are expected to receive SDA funding.
  • The actual number of SDA-eligible participants may fluctuate based on assessments and changing needs of individuals.

While the number of potential SDA tenants is substantial and growing, it’s important for investors and developers to conduct thorough market research and consider local demand factors when planning SDA projects. The NDIA’s SDA Finder tool and regular updates on SDA demand data can provide valuable insights for stakeholders in this sector

#buyinvestlive #NDIS #SDA #investmentproperty

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