been looking at older places in queensland
Received info about this in an email today - interested to hear peoples thoughts?
I realise the below info is a bit of a marketing ploy to buy new houses but it does raise a few valid points.
"the pending Residential Tenancies and Rooming Accommodation Amendment Bill 2014.
This bill is still caught up in State Parliament & is still being debated. The essence of the bill ? as I understand it ? is to create a ?minimum housing standard? for rental properties. This could have far reaching & very expensive implications for older residential investment properties across Queensland if the bill is passed. Go here & here (for starters) for more information about this pending bill.
Many of Queensland?s older investment properties will need to be substantially renovated to comply with the proposed new legislation. This will be costly & will also involve bureaucracy & lots of red tape?likely, loads more. Compliance might mean having to do without any rental income for months (maybe longer) as older rental properties are bought up to the new minimum standard."
"What will the Bill do?
The Bill proposes to amend the Act by imposing prescribed minimum housing standards ("Minimum Standards") for Queensland residential rental premises in relation to matters including:
- sanitation, drainage, cleanliness and repair of premises
- ventilation and insulation
-protection from damp and its effects
-construction, condition, structures, safety and situation of premises
- dimensions, cubical extent and height of rooms in the premises
- privacy and security
- provision of water supply, storage and sanitary facilities
- lighting
- freedom from vermin infestation
- energy efficiency
The Bill requires landlords to ensure that the premises comply with the Minimum Standards before letting the premises to a tenant.
A tenant may give a written notice to the landlord if the premises do not comply with the Minimum Standards. "
http://www.cbp.com.au/Publications/...230185577&mc_cid=6b9c4e5a67&mc_eid=40cb90dc7a
https://www.legislation.qld.gov.au/...230185577&mc_cid=6b9c4e5a67&mc_eid=40cb90dc7a
http://www.austlii.edu.au/au/legis/qld/bill/rtaraab2014510/
many more links to info on the internet
The concerning thing is I can't find anywhere what the standard actually are. building heights is another thing as many places in queensland ?logan highsets may not comply with this.
disclaimer I keep our rentals in good condition
I also came across this summary for the different states which was useful
http://www.parliament.qld.gov.au/documents/committees/THLGC/2014/INQ-RTRAA/bp-Sep2014-dept.pdf
Received info about this in an email today - interested to hear peoples thoughts?
I realise the below info is a bit of a marketing ploy to buy new houses but it does raise a few valid points.
"the pending Residential Tenancies and Rooming Accommodation Amendment Bill 2014.
This bill is still caught up in State Parliament & is still being debated. The essence of the bill ? as I understand it ? is to create a ?minimum housing standard? for rental properties. This could have far reaching & very expensive implications for older residential investment properties across Queensland if the bill is passed. Go here & here (for starters) for more information about this pending bill.
Many of Queensland?s older investment properties will need to be substantially renovated to comply with the proposed new legislation. This will be costly & will also involve bureaucracy & lots of red tape?likely, loads more. Compliance might mean having to do without any rental income for months (maybe longer) as older rental properties are bought up to the new minimum standard."
"What will the Bill do?
The Bill proposes to amend the Act by imposing prescribed minimum housing standards ("Minimum Standards") for Queensland residential rental premises in relation to matters including:
- sanitation, drainage, cleanliness and repair of premises
- ventilation and insulation
-protection from damp and its effects
-construction, condition, structures, safety and situation of premises
- dimensions, cubical extent and height of rooms in the premises
- privacy and security
- provision of water supply, storage and sanitary facilities
- lighting
- freedom from vermin infestation
- energy efficiency
The Bill requires landlords to ensure that the premises comply with the Minimum Standards before letting the premises to a tenant.
A tenant may give a written notice to the landlord if the premises do not comply with the Minimum Standards. "
http://www.cbp.com.au/Publications/...230185577&mc_cid=6b9c4e5a67&mc_eid=40cb90dc7a
https://www.legislation.qld.gov.au/...230185577&mc_cid=6b9c4e5a67&mc_eid=40cb90dc7a
http://www.austlii.edu.au/au/legis/qld/bill/rtaraab2014510/
many more links to info on the internet
The concerning thing is I can't find anywhere what the standard actually are. building heights is another thing as many places in queensland ?logan highsets may not comply with this.
disclaimer I keep our rentals in good condition
I also came across this summary for the different states which was useful
http://www.parliament.qld.gov.au/documents/committees/THLGC/2014/INQ-RTRAA/bp-Sep2014-dept.pdf