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Short term rental clampdown in Sydney

My name is Rex Brown. I live in Australia, on the Great Ocean Road in Victoria. I run two of my holiday rentals here on the coast, and another in inner Melbourne . They are all quite different, but they all run at high occupancy. They are the sandpit that I play in, running constant experiments about what works and what doesn’t.

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If any further evidence is needed of my view that the industry is expanding so fast that things break, here it is. In early June 2018, the New South Wales government introduced a radical clampdown on short term rentals in Sydney.

Unless the owner is present, short term rentals in Greater Sydney are limited to 180 days per year.  This will drive many short term rentals out of the market in Sydney.  It will also be easier for councils elsewhere in NSW to introduce similar regulations.

Timing of implementation is not clear.

The changes were advised by Homeaway in an article here.  The government’s announcement is here.  If you have any questions, I’d suggest you contact Homeaway.

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