Local and interstate investors are keen to snap up sparse property morsels in the northern suburbs to take advantage of the critical housing market, said property consultant and Deputy Lord Mayor and Alderman candidate Martin Waldhoff.
“This comes on the back of strong inner-city housing demand, partially driven by high seasonal need for short term (holiday) accommodation,” he said.
High returns on holiday accommodation coupled with limited public education around Tasmania’s short stay legislation have contributed to an increasing number of unregistered holiday properties effectively displacing long term residents.
Property owners are unwittingly flaunting Legislation as it is common belief that short-term accommodation is broadly “permitted use” in Hobart. “This only applies to owner occupied properties renting out up to four rooms or a granny flat. Larger undertakings, shacks and investment properties will require registration with local government. We need to achieve a healthy balance between holiday accommodation and homes for residents to keep our city vibrant,” says Mr Waldhoff.
Martin Waldhoff is standing in this year’s Hobart City Council election as part of the Your Hobart collective along with Alderman Marti Zucco and businesswoman Louise Bloomfield. YOUR Hobart is striving to regulate short term accommodation through a registration system using a government generated code as part of an AirBnB or Stays listing.
Martin Waldhoff 0422 426 065
Marti Zucco 0418120060
Louise Bloomfield 0418 388164