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Crackdown has worked in Noosa, but study finds Airbnb ‘not to blame’ for rent issues

The State Government has found that Airbnb and other accommodation sites were not liable for the rental affordability issues impacting the market and restricting their activities would have little impact.

 

Aug 03, 2023, updated Aug 03, 2023
AirBnB and other providers were not to blame for rental affordabilty (photo supplied)

AirBnB and other providers were not to blame for rental affordabilty (photo supplied)

However, a short-term accommodation register was now being examined. It would allow local government to monitor activity in the market and could provide information on local dynamics.

The Government engaged the University of Queensland to review the market and found that there were almost 20,000 short-term rentals in Queensland and about 11,000 were being used on a permanent basis. About two thirds were in the south east.

It found that while there was an impact from short-term rentals, that impact was limited.

The Government said the UQ review found there was a limited impact on rental affordability and the real problem was dwelling stocks.

However, Noosa Council has found that a crackdown on short-term accommodation had yielded some results with about 60 dwellings shifting from the short-term market to long term.

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Deputy Premier and Planning Minister Steven Miles said state-wide restrictions were unlikely to work.

“The review found there was no alignment between the suburbs with the highest rent increases and the percentage of dwellings devoted to short-term rental,’’ Miles said.

“Instead, dwelling stocks emerged as the significant contributor to explaining rental increases.’’

The highest number of dwellings used for short-term rental were in tourism areas.

 

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