Real estate (operational and core)
MA Good Housing Fund
Provides exposure to SDA properties that generate long-term, government-backed rental payments, indexed to inflation and underpinned by residential land value. The Fund targets a total return of 15.0% with potential for further upside and a FY26 target distribution of 7.50% p.a.¹
Target total return of 15.0% with potential for further upside, and target FY26 target distribution of 7.50% p.a. paid quarterly1
Government-backed, undersupplied sector offering significantly higher income and total returns than other residential sub-sectors
Combining Good Housing’s proven SDA operating capability with MA Financial’s expertise in alternative real estate investment management to optimise asset performance
Fund overview
The Fund provides exposure to Australian living and social infrastructure via a diversified portfolio of Specialist Disability Accommodation (SDA).2 SDA is housing designed for NDIS participants with extreme functional impairment or very high support needs.
SDA is a key part of Australia’s National Disability Insurance Scheme (NDIS) and a growing, underinvested segment of the alternative real estate market. With $14+ billion in capital needed to deliver ~5,000+ new dwellings by 2033, it presents a significant opportunity for investors.3
Growth in the Fund will be driven by targeting properties in key growth centres across Australia, focusing on locations with strong connectivity to transport and essential community infrastructure, reinforcing their underlying land value. The Fund employs a balanced strategy combining fixed-price SDA development and the acquisition of mature properties.
Strategic partnership with specialist SDA provider, Good Housing
The Fund has partnered with Good Housing, a fully integrated SDA provider with a proven track record and end-to-end expertise across development, tenant sourcing, property management and industry engagement. This partnership combined with MA Financial’s expertise in alternative real estate creates a powerful platform to deliver strong financial returns alongside meaningful social impact.
Key advantages of investing in SDA
Watch this short video to hear from Portfolio Manager Daniel Hargraves alongside representatives from Good Housing as they explain the advantages of investing in SDA assets.
Fund facts
Target total return¹
15.0% IRR
Target distribution yield¹
7.50% p.a.
Minimum initial investment
$100,000
Structure
Australian Wholesale Unit Trust (stapled structure)
Eligibility
Wholesale investors
Target Fund term⁴
5+1+1 years
APIR
MAA0213AU
Insights
Investing with purpose: unlocking scalable opportunities in SDA
In this insight we explain why SDA represents a compelling opportunity in Australia’s alternative real estate landscape. With structural undersupply, strong bipartisan government support, and robust government-backed, inflation-linked income streams, SDA offers investors the potential for resilient returns and long-term capital growth.
For more information and to arrange a discussion, please contact us.
- Target returns are pre-tax and performance fees. Refer to the Fund’s Information Memorandum for further information on target returns and distributions.
- The Fund will gain exposure to SDA assets through structured funding arrangements. While the Fund will not hold direct legal title to SDA assets, it will provide capital to dedicated property-holding entities established to acquire and own the assets. This exposure will be implemented via Profit Participating Loan arrangements (or similar instruments), under which entities wholly owned by the Fund will lend capital to the property-holding vehicles. These arrangements are designed to provide the Fund with an economic return that reflects the underlying performance of SDA assets, including income and capital growth. Refer to Section 7 of the Information Memorandum for further detail.
- EY Specialist Disability Accommodation Market Overview (2024).
- The Manager may extend the term of the Fund for a further year at its discretion and an additional year with approval thereafter via a Special Resolution of Unitholders (75.0% vote by Unitholders).
MA Asset Management Ltd (ACN 142 008 535) is the trustee (Trustee) of the MA Good Housing Fund (Fund) and the issuer of the units in the Fund. The information contained in this document is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. Before making any investment decision you should consider obtaining professional investment advice that takes into account your personal circumstances and should read the current Fund Information Memorandum (Information Memorandum) of the Fund. Neither the Trustee nor any member of the MA Financial Group Limited group guarantees repayment of capital or any particular rate of return from the Fund. All opinions and estimates included in this document constitute judgments of the Trustee as at the date of this document and are subject to change without notice. Past performance is not a reliable indicator of future performance. The value or return of an investment will fluctuate and an investor may lose some or all of their investment. Whilst the Trustee believes the information contained in these materials are based on reliable information, no warranty is given to its accuracy and persons relying on this information do so at their own risk. To the extent permitted by law, no liability is accepted for any loss or damage as a result of any reliance on this information. Statements contained in this flyer that are not historical facts are based on expectations, estimates, projections, opinions and beliefs of the Trustee as at the date of this document. Such statements involve known and unknown risks, uncertainties and other factors, and should not be relied upon in making an investment decision. These views may not necessarily reflect the views of any other entity in the MA Financial Limited group. Any references in this document to targeted or projected returns of the Fund are targets only and may not be achieved. Investment in the Fund is subject to risk including possible delays in payment or loss of income and principal invested. This information is intended for recipients in Australia only.
This webpage is issued by the Trustee on a confidential basis and no part of this material may be reproduced or disclosed, in whole or in part without the prior written consent of the Trustee.
