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Does this mean the price will drop?

This is great information! Thanks for sharing this. I am sort of scared away by all the troublesome from NRAS. For a normal investment property, I perhaps can get a 100% loan without paying the LMI while for NRAS the initial capital I need to have is much more than 10% of the purchase price...

Is the 5% of NRAS tax deductible? My accountant does not know the answer.

From http://www.fahcsia.gov.au/sa/housing/progserv/affordability/nras/Pages/nras_info.aspx Small-Scale or Private Investors As the NRAS aims to encourage large-scale investment in affordable housing, it is not directly available to small-scale, private, individual investors in the rental...

I think it is always good to compare the normal investment property with the NRAS one for long term. There could be many things to be considered. I think www.investmentpropertycalculator.com.au does offer an NRAS calculator. Anyone has tried that? I have tried the normal one and found it is useful.