What are the most common legal requirements for short-term rentals in Australia?
Most Australian states and councils require:
- Registration/Permits: Some areas (e.g., NSW, Victoria) mandate registration or a permit for short-term rentals. For example, NSW requires hosts to register on the Short-Term Rental Accommodation (STRA) Register.
- Strata/Body Corporate Rules: Many apartments have bylaws restricting short-term stays—check your strata agreement.
- Tax Obligations: You must declare rental income to the ATO, and some states (e.g., QLD, VIC) charge additional tourist taxes.
- Safety Standards: Smoke alarms, emergency exit plans, and sometimes compliance with the Building Code of Australia.
How do I check if my property complies with local STR laws?
- Council Websites: Search for "[Your Council] short-term rental regulations" (e.g., City of Sydney).
- State Government Portals:
- Platform Rules: Airbnb’s Australian Help Centre lists local requirements.
What happens if I operate a short-term rental without approval?
- Fines: Penalties vary by state—NSW fines can exceed $11,000 for unregistered properties.
- Platform Removal: Airbnb may suspend listings if councils report breaches (e.g., Melbourne’s 90-day annual cap for non-hosted stays).
- Strata Penalties: Owners corporations can impose fines or ban STRs in some apartment buildings.
Do I need to pay extra taxes on my short-term rental income?
- GST: If your annual turnover exceeds $75,000, you must register for GST.
- State Taxes:
- ATO Reporting: All income must be declared—consider deductions for expenses like cleaning and maintenance.
How does MadeComfy help make my property compliant?
MadeComfy, an Australian-based STR management company, assists with:
- Council Approvals: Handling registrations for NSW’s STRA scheme or local permits.
- Tax Compliance: Ensuring GST and state levies are correctly collected and remitted.
- Strata Liaison: Negotiating with body corporates to secure STR approval.
- Safety Checks: Confirming your property meets state fire and safety regulations.
Need help staying compliant?