NSW government calls for empty holiday homes
Property investors with vacant holiday homes are being urged to assist with housing individuals and families displaced by the bushfire crisis in NSW.
The state minister for families, communities and disability services Gareth Ward said such homes could provide a family with suitable accommodation.
You’re out of free articles for this month
To continue reading the rest of this article, please log in.
Create free account to get unlimited news articles and more!
“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.
More from this writer:
-
Gen Z and Millennials set to strike property market within 5 years
-
‘Cyber criminals have their sights set on property transactions’ as alarm raised for investors
-
5 Wollongong, Central Coast and Sydney suburbs earmarked for development
-
What are Australia’s best regions for rental yield?
-
Is there already a canary in the coal mine for Australia’s 1.2m homes target?
-
Geelong and Bendigo shine in ‘balanced’ Victorian market
-
Will a university education help you buy a house?