Short term letting still is a viable and lucrative undertaking for owners despite the 180 limit. Please see reasons listed below.
• 180 days equate to nearly 10 months of property management pending on location and set up of a property, accounting for the typical variations in short-term rental occupancy.
• Only bookings shorter than 21 nights count toward the 180-day limit.
• The regulations have reduced available short-term rental stock in Greater Sydney, leading to increased daily rates for properties. This translates to higher rental income for property owners.
• In cases where the limit is approaching, AirKeeper can advertise properties for long-term rental, securing tenants for 2-6 months under a different arrangement that does not count toward the 180-day limit.
This approach ensures that your property remains productive and profitable throughout the year.