Property news: rental updates for February 2020
The latest property news for rental properties. Stay up to date with changes to residential tenancy laws in your state or territory. Find below links to market information and notices about changes from Government bodies.
New South Wales news
New residential tenancy laws start on 23 March 2020.
There are 12 major and other changes to the laws to be aware of as rental property owners or self-managed landlords. Learn about changes to the rental laws at Fairtrading NSW.
September 2019 rent report from FACS
Go to the NSW Family and Community Services statistics page to access the latest rent report for September 2019 with an interactive dashboard. Go to FACS now to access report.
Northern Territory news
NT yet to embrace reforms for renting
This article by ABC discusses concerns about the consulting process implemented by the NT Government and peak body organisations. For more information read about the NT Government and tenancy act reform.
Seminars for landlords and property managers
Tenancy information sessions available for property managers/agents and property owners in Upper Mt Gravatt and West End running in the first week of March. No updates re changes to laws. Attend these for clarification on existing laws.
Find more information about information seminars and registration at RTA Queensland.
Quarterly 2019 rent reports available
The Residential Tenancies Authority (RTA) in Queensland provides access to the 2019 median rents data in the forms and resources section of their website.
Select a region to access the 2019 median rents quarterly data. Go to RTA now for the report links.
South Australia news
New requirements for property managers in South Australia.
Property managers must be registered as from 28 September 2019. A maximum penalty of $20,000. Self-managed landlords, people who only manage rental properties for themselves or relatives are not required to register as property managers.
What’s changed and what will change from July 2020
Victoria has already implemented changes to residential tenancies laws from September 2019 with the remaining laws being implemented from July 2020.
Learn more about the changes to laws from Consumer Vic.
Rental report September 2019 from the Department of Health and Human Services
The report provides data and trends for the private rental market in Melbourne for the September quarter 2019. Access from DHHS publications now.
Western Australia's news
Have your say about changes to rental laws in WA
Consultation is open until Friday 1 May 2020 in WA. Give your feedback, share your stories or issues regarding renting in WA. A 156 page consultation paper is available for download and issues explained related to before, during and ending a tenancy and dispute resolution and offences. Commerce WA invite feedback by email.
How to stay up to date as a self-managed landlord?
As a private landlord self-managing your own rental property or even if you are using an agency to manage your property it is critical you keep up to date with the residential tenancy laws to ensure you are aware of your responsibilities and rights.
Things you can do to stay on top of changes:
- subscribe to our newsletter
- subscribe to the newsletters for the relevant rental authority
- attend webinars and seminars run by industry associations and the authority.