Airbnb crackdown in full swing but varies widely between states
After years of stuttering starts the clampdown on short-term rentals is in full swing — but if you’re in Sydney there’s little need to worry, at least for now.
Property investors relying on the higher rental returns generated by short-term accommodation may need to rethink their strategy. (Image source: Shutterstock.com)
Property investors seeking supercharged returns from short-term rentals are facing a new round of headwinds, with new laws kicking off in Victoria and Western Australia on 1 January.
After years of stuttering starts, and at times hollow threats, the ‘Airbnb’ clampdown is in full swing, with many Australian states — and increasingly local councils — getting serious about policing the shot-term rental accommodation sector.
But the impact depend…
