A: To provide you with the most accurate assessment, we will carefully evaluate your property to determine its potential as a desirable short-term rental. Creating a perfect holiday home involves considering various factors that appeal to travelers and enhance their overall experience. Here are some key elements that can contribute to making your property stand out: location, styling & decor, amenities, facilities, safety & security, value for money, sustainable practices. 

A: As per the Sunshine Coast Council’s guidelines, it is essential for all homeowners to inform the council of any intention to use their property for short-term rental purposes. Please be aware that any property constructed after 2014 in a low-density zone is required to obtain “Development Approval.” This step is crucial to ensure compliance with local regulations and to avoid any potential issues.

As per the Noosa council, approval is required for all existing and new properties operating short stay letting or home hosted accommodation, unless identified as exempt. A one-off application must be made to council under the local law which requires annual renewal.

For the most up-to-date and accurate information concerning your property, we recommend reaching out directly to the council. They can provide specific guidance tailored to your property’s location and characteristics.

Should you have any further questions or need assistance throughout this process, please feel free to contact us. We are here to support you in making informed decisions about your property.

A: The potential income from a short-term rental can vary significantly depending on several factors, such as: Location, property type, amenities and facilities, competition, listing quality and seasonal demand.

To get an estimate of how much you can earn through short-term rental in a specific location, reach out to us and we will assess your property in detail. 

Keep in mind that income from short-term rentals can fluctuate, and it’s essential to account for expenses such as maintenance, utilities, and taxes when calculating your potential earnings. 

A: Absolutely, having your own insurance for short-term rental properties is crucial. While some short-term rental platforms may offer host protection programs, these may not provide comprehensive coverage for all scenarios. It is highly recommended to obtain a separate insurance policy specifically tailored for short-term rentals.

Standard homeowners’ insurance typically does not cover short-term rental activities. Without the appropriate insurance, you could be exposed to significant financial risks in the event of property damage, liability claims, or other unforeseen incidents that may occur during a guest’s stay.

A: Higher income potential, flexibility, ability to adjust prices, property maintenance, tax benefits.

A: Vacancy and unpredictable income, regulations and compliance, property wear and tear, security and safety concerns, liability risks.

Ultimately, the decision to engage in short-term rentals depends on your individual circumstances, property location, and willingness to manage the associated responsibilities and risks. Conduct thorough research, consider local regulations, and weigh the pros and cons to make an informed choice about short-term rental opportunities.