The rental market in Queensland is set for another round of changes in May 2025.
The rental market in Queensland is set for another round of changes in May 2025. As part of the Stage 2 rental law reforms, these updates aim to protect both tenants and property owners, ensuring fairness across the board. For landlords and investors, it’s important to stay informed about these new rules to remain compliant and maintain the profitability of your investment.
This article outlines the key changes and explains why having a reliable property manager, such as Astute Realty, can make all the difference.
Starting in May 2025, Queensland will introduce further amendments to its rental laws. These reforms build on previous changes made in 2023, focusing on the rights and responsibilities of both tenants and landlords. Although more details will emerge as the date approaches, here’s what we know so far:
Stage 2 rental law reforms will also further enhance protections for tenants, as “new limits apply to the personal information that can be requested and collected by managing parties (Residential Tenancies Authority).” Furthermore, the Real Estate Institute of Queensland also writes that, “property managers will only be permitted to request prescribed types of information from a prospective tenant and will be prohibited from requesting certain types of information.“
For property owners, these changes could influence your rental income, management strategies, and overall responsibilities to tenants. Here’s why it’s important to prepare:
With the upcoming changes, following and adjusting to law changes can be overwhelming. That’s where having an experienced property management team, like Astute Realty, can help.
At Astute Realty, we specialise in helping property owners navigate these changes while ensuring their properties remain compliant. Our deep knowledge of the local Gold Coast market allows us to provide hands-on, expert advice that helps landlords manage these shifts smoothly.
Here’s how working with us makes a difference:
With rental reforms set to take effect in May 2025, now is the time to start preparing. As a property investor, it’s important to understand these changes and how they affect your obligations. Don’t wait until the last minute to adjust to the new requirements.
Contact us today to discuss our property management services, and let Astute Realty help you stay compliant while continuing to maximise your property’s potential.