August 2021: NDIS / SDA enters the institutional conversation
Specialist Disability Accommodation yields above 10% started showing up in mainstream investor coverage. Sky News asked if it was real.
What SDA is
Specialist Disability Accommodation is a federally-funded housing payment for NDIS participants with extreme functional impairment. Approved new-build SDA dwellings receive an SDA price (paid by NDIA) plus market rent — combined gross yields of 10–14% on purpose-built product.
The investor reality check
SDA is a real, government-backed cash-flow asset, but the build specification is unforgiving and the participant-matching process can leave a property vacant for 6–12 months. It's a portfolio diversifier for sophisticated investors, not a starter asset.
Dax Stanley
Founder & Principal Strategist, Hera Property. #1 international bestselling author of Real Estate Investing Using ChatGPT.