The Future of Rental Properties

Are short-stay rentals the new revolution in the property investment market?

It is becoming more apparent that they are having a negative impact on the availability of rental property in certain locations. Byron Bay is one such example where the market is limited and short term stays are a high priority given the holiday haven status of the coastal town. This can push long term renters out of the market due to a lack of supply of rental properties, which in turn causes rising prices. It is only a matter of time before cities or states introduce regulations around AirBnB as has happened overseas in highly desirable locations such as San Francisco, New York and Paris.

As Airbnb’s brand awareness is increasing by the minute, more investors are considering if their property could have demand for short term stays.

Before you decide if this approach is for you, read the article by our education and Property Planning partner, Peter the ‘Property Professor’ Koulizos, on what properties are best suited for short-stay arrangements.

 

By |2017-10-30T09:12:18+11:00June 22nd, 2017|
Peter Koulizos - The Property Professor
Combining the theory of property investment with more practical aspects, Peter teaches people how to have property investment success. Peter also researches property markets around the nation, looking for the best investment suburbs in each capital city. Specialising in property valuation and property economics, he not only has personal investment experience but also holds a teaching degree, Graduate Diploma in Property and Masters of Business (Property). Peter lectures in Property Investment for Tafe SA, Uni SA and also in the Property Investment course for Property Planning Australia across the country. Even though Peter has not been appointed a Professor, his extensive research writing and teaching in property has earned him the tag the "Property Professor". His focus is on providing independent information and education for the general public. Together with David Johnston, Peter presents the only university-accredited property education course in Australia and consistently attracts high enrolment figures. To find out when he is lecturing next in your state send us an email. Check out Peter's regular Suburb review with Your Investment Property Magazine.