Perth Property Insider Podcast

The Future of Renting: Unveiling the Impact of Proposed Changes to the Residential Tenancy Act


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I've got Jewayne Loong from Investors Edge Real Estate, my colleague who I work with on the show today, to chat about the proposed changes to the Residential Tenancies Act that have just been announced and what they are likely to mean for investors and tenants.

 

There is a real arm wrestle going on for fair pricing and greater flexibility for tenants.

 

Although we are not yet sure on when exactly the changes will come into effect, knowing what they are should help you make some better decisions in the meantime.

 

When looking at the big picture these are all very workable and if they put some investors off, it's only going to push rents to go higher.




Resource Links:

  • Get your Strategic Portfolio Plan and our help with Buying Your Next Perth Property  (https://www.investorsedge.com.au/invest-in-perth-property/)
  • Join the Perth Property Investment Facebook Group (https://www.facebook.com/groups/perthpropertyinvestors)
  • Join Jarrad Mahon’s Property Investor Update (https://www.investorsedge.com.au/join)
  • For more info on our award-winning and highly rated Property Management services that give you guaranteed peace of mind (https://www.investorsedge.com.au/perth-property-management-specialists/)
  • For more info on how our Property Sales services can ensure you get the best selling price while handling all the stress for you (https://www.investorsedge.com.au/selling-your-perth-property/)




Episode Highlights:

  1. Intro [00:00]
  2. Rent Bidding [01:50]
  3. What Happens When Tenants Miss Out on a Property Because of Factors Other Than Price [04:29]
  4. What’s the Next Proposed Change to the Rent Increase? [06:51]
  5. Rent Increase Frequency and Rent Increase Frequency [09:10]
  6. The Additional Risk of Accepting a Pet in a Property [13:29]
  7. Changes to How Security Bonds Will Be Released [15:39]
  8. Disputes Over Bond Payments [18:27]
  9. No Grounds Termination at the End of a Fixed Term Lease [20:45]
  10. Changes to the Residential Tenancy Act [23:36]
  11. Outro [29:08]



Thank you for tuning in! If you liked this episode, please don’t forget to subscribe, tune in, and share this podcast.

 

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Perth Property Insider PodcastBy Jarrad Mahon - Investors Edge Real Estate


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