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NSW government calls for empty holiday homes

16 JAN 2020 By Grace Ormsby 2 min read Investor Strategy

Property investors with vacant holiday homes are being urged to assist with housing individuals and families displaced by the bushfire crisis in NSW.

vacation house spi

The state minister for families, communities and disability services Gareth Ward said such homes could provide a family with suitable accommodation.

“If you own a property in a bushfire-affected area that isn’t being used right now, it could be providing a family with a safe and secure place to stay in their time of need.”

The NSW government’s bushfire housing assistance service can link people who have lost their home with accommodation.

Financial assistance is also available through rental bond loans and advanced rent payments.

 
 

The Smart Property Investment Show previously considered whether a holiday home is a worthwhile investment due to capital gains taxes.

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Grace Ormsby

Grace Ormsby

AUTHOR

Grace is a journalist across Momentum property and investment brands. Grace joined Momentum Media in 2018, bringing with her a Bachelor of Laws and a Bachelor of Communication (Journalism) from the University of Newcastle. She’s passionate about delivering easy to digest information and content relevant to her key audiences and stakeholders.

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