Last chance! Claim $10,000 when you switch your Airbnb to a long-term rental

Do you have an investment property listed on Airbnb or a similar short stay website?

If so, you could be eligible for a $10,000 payment simply by leasing it on a longer-term basis.

The cash bonus is paid by the WA Government as part of its initiative to boost the supply of rental stock across the Perth metropolitan and state regional areas.

To qualify for the Short Term Rental Accommodation (STRA) Incentive Scheme, you need to meet the following criteria:

• Own a self-contained property (house, apartment, or unit).
• The property must have been advertised or occupied as short-term rental accommodation between 28 September 2023 and 9 November 2023.
• Transition the property to long-term rental accommodation by 8 November 2024.
• Sign a residential tenancy agreement for at least 12 months, adhering to the maximum rental rates per region.

If you're ready to make the switch or simply want more information on how we can help, get in touch with Rent Choice today. With the STRA Incentive Scheme, there's never been a better time to transition your property from short-term to long-term rental!

Source:

Short-Term Rental Accommodation Incentive scheme. (2024, August 22). Western Australian Government. https://www.wa.gov.au/organisation/department-of-energy-mines-industry-regulation-and-safety/short-term-rental-accommodation-incentive-scheme

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