Have you ever heard of Specialist Disability Accommodation (SDA)?
If not, you're in for an enlightening read! SDA is a game-changer in the realm of disability support, offering customised housing solutions for individuals with significant disabilities. Today, we're zooming in on a special category within SDA – High Physical Support (HPS). It's not just a housing option; it's a lifeline for many.
What Exactly is SDA?
Let's start with the basics. SDA stands for Specialist Disability Accommodation (SDA). It's a vital component of the disability support system, designed to provide specialised housing for people with severe functional impairments or very high support needs. But SDA isn't a one-size-fits-all solution; it includes various categories, each tailored to specific needs – and that’s where High Physical Support SDA comes into the picture.
Diving into High Physical Support (HPS) Housing
High Physical Support (HPS) housing is more than just a comfortable living space. It's a haven equipped with features like structural provisions for ceiling hoists, emergency power solutions, and wider doorways. Imagine a home where accessibility is not an afterthought but the foundation. That's HPS for you – designed to empower and enhance the quality of life for its residents.
The Rising Demand for HPS Housing
You might be wondering, "Is there a real demand for HPS housing?" Absolutely! And I've got some fascinating insights for you. Using a recent NDIS demand dataset, we've analysed the demand for HPS housing across various locations. Our analysis included looking at those in HPS dwellings seeking alternatives and those not yet in such housing but needing it. The top 40 locations below are eye-openers to the growing need for these specialised dwellings.
Top 40 locations ranked by the demand for High Physical Support (HPS). Each bar represents the total demand in a specific location (SA3 area). Data source: NDIS SDA Demand Data.
Why Invest in HPS SDA Housing?
If you're visiting SDA Help as a prospective investor in High Physical Support SDA, keep in mind this isn't just a financial investment; it's an investment in humanity. The demand for HPS housing is not just a statistic; it represents real people with real needs. As an investor, you're not just building homes; you're creating spaces where independence and dignity flourish. That said, it is essential to get the design right, in the right location and where there are sufficient tenants (NDIS participants) looking for their next forever home.
Navigating the Investment Landscape
Investing in HPS SDA housing comes with its unique set of challenges and rewards. You'll need to navigate through regulatory standards and understand the specific needs of your future residents. But don't let this deter you. The potential returns and the positive social impact are immense. You'll be part of a movement that's reshaping the landscape of disability support.
HOT TIP
HOT TIP Do not rely on the NDIS demand data alone. Demand data tells you how many participants (tenants) are looking for SDA housing but not how many SDA houses (supply) are available or will soon be available. If there is demand currently for 20 participants in a location with only 7 places then this could be a good start. However, if there are 20 places already being developed then this area is likely to be oversupplied.
Wrapping Up
Investing in High Physical Support SDA housing is more than a financial decision; it's a step towards creating a more inclusive and supportive society. Whether you're a seasoned investor or new to the field, the opportunities in HPS designed SDA housing are ripe for exploration. Remember, you're not just investing in property; you're investing in people's lives, making a tangible difference in the world of disability support.
Need More Info?
Curious to learn more about SDA and HPS housing? There are a wealth of resources available. From government guidelines to policy documents, and our myriad contacts in SDA advisory services – there's no shortage of information to help guide your investment journey.
