Can Owners Corporations restrict Airbnb?

Essendon_Apartment_Melbourne_1

Can Owners Corporations restrict Airbnb? Recent rulings at VCAT have closed some doors but opened others for Owners Corporations looking to exert greater control over Airbnb and other short-stay platforms.

A recent case involving a building in Doncaster confirmed that the Owners Corporation cannot implement rules which ban short-term rentals.

However, the ruling did acknowledge some of the other rules the Owners Corporation had put in place, which may discourage owners from putting their apartments or units up for short-term rentals.

The article (click link above) published by Strata Plan  looks after many property sites throughout Melbourne. There are some important notations and comments that all property investors should consider when looking to lease their property through and Airbnd.

If you’d like to learn more about buying a property, please don’t hesitate to contact us. We would welcome the opportunity to help with your property purchase.

Our YouTube channel and Market Insights section also provide a wealth of information to assist you with many areas relating to property

www.crestproperty.net.au

While we have taken care to ensure the information above is true and correct at the time of publication, changes in circumstances and legislation after the displayed date may impact the accuracy of this article. If you want to learn more please contact us. We welcome the opportunity to assist you.

February 2019

Before you go

Check out some of our awesome properties, or if you need some property advice drop us a line, our service is completely free.

 

Compare listings

Compare