From 1 March 2027, new minimum energy efficiency and safety standards will begin rolling out across Victoria for rental properties and rooming houses. These standards are designed to ensure homes are safer, more comfortable, and more energy-efficient - reducing costs for renters and supporting Victoria's transition to net zero. The requirements will apply at different stages, depending on whether...
The Vacant Residential Land Tax (VRLT) is an initiative by the State Revenue Office (SRO) of Victoria aimed at encouraging the efficient use of residential land. Introduced in 2018, this tax applies to certain residential properties that remain unoccupied for more than six months in a calendar year. Significant changes and extensions to the VRLT framework are set to take effect in the coming years, making...
The Victorian Government has recently expanded safety compliance requirements for rental properties. Effective November 2024, all residential rental properties, regardless of when the lease commenced, must adhere to updated safety standards. This includes mandatory smoke alarms, gas and electrical safety checks. What’s Changing? Smoke Alarms: Landlords must now ensure smoke alarms are:...
When it comes to managing your investment, the right property management team can make all the difference. A good team keeps you informed, protects your investment, and ensures both you and your tenants are happy. But if you’re feeling frustrated, out of the loop, or simply unsatisfied, it might be time to assess if your current management team is truly delivering what you need. Here are the top 10...
What Landlords and Tenants Should Know Consumer Affairs has launched a new Renting Taskforce, focusing on tackling poor conduct in the rental market to create a safer and fairer environment for both tenants and landlords. By targeting specific issues like rental standards, misleading practices, and unfair treatment, this taskforce aims to elevate the overall rental experience. Key Areas of Focus for the...
The rental market in Melton has experienced significant shifts, reflecting broader economic and demographic trends influencing demand for housing in the region. Recent data from the Victorian Department of Families, Fairness and Housing’s Rental Report provides a comprehensive view of these changes, supported by metrics from realestate.com.au. Market Dynamics and Rental Price Movements According to the...
Managing Pets in Rental Properties: What Landlords Need to Know With more tenants owning pets, landlords need to understand their responsibilities regarding pets in rental properties. Under the Residential Tenancies Act 1997, tenants in Victoria have the right to request permission to keep pets in rental properties, and landlords need to handle these requests thoughtfully. Here’s what you need to...
As a rental provider in Victoria, ensuring the safety of your tenants is not just a responsibility, it’s a legal obligation. Gas and electrical safety checks are critical components of this, helping to prevent accidents, maintain property safety, and comply with the Residential Tenancies Act 1997. Here’s what every landlord needs to know about gas and electrical safety standards for rental...
Owning an investment property is more than just collecting rent - it’s about growing a valuable asset that stands strong over time. To make the most of your property, it’s essential to consider the bigger picture: understanding the market, keeping your tenants happy, and making smart decisions to enhance your property’s value and return on investment. At Cliquey Realty, we’re committed to...
As a landlord, one of the most common challenges you’ll face is determining what constitutes damage versus fair wear and tear at the end of a tenancy. Understanding this distinction is crucial, not only for maintaining good relationships with your tenants but also for ensuring that your property remains in good condition and that any necessary repairs are fairly allocated. At Cliquey Realty, we want to...
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