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Canberra’s short-term rentals more than double in a year, prompting concern from ACT government

20 Sep 2023 |
Canberra’s short-term rentals more than double in a year, prompting concern from ACT government

REIACT CEO Maria Edwards identified possible factors that contribute to the increase in short-term rentals in the ACT, including the development of new apartments specifically intended for short-term use, long-term rentals switching to short-stay given the stark difference in income, the end of COVID-19 travel restrictions, and most importantly, the ACT Government’s restrictive residential tenancy regulations.

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