This research investigates a range of short-term rental accommodation (STRA) models across Australia and their impacts on housing markets and communities. It identifies the policy responses most likely to resolve the competing demands for short- and long-term rental housing. 

Many communities are concerned about the housing market and neighbourhood impacts of STRA. Platforms like Airbnb have increased demand for residential property and enabled owners to finance housing investment in new ways. Understanding the range of STRA models, provider motivations and impacts in different metropolitan and regional settings is key to effective policy development and regulation.

This research involved an international review of evidence and policy on STRA, and its intersections with local and regional housing markets; national-level analysis of STRA trends; case study analysis of STRA listings and housing market impacts in key regions over time; and interviews with key industry stakeholders and local government personnel.

Key findings

• Internationally, rising concern about the impact of STRA in major cities (particularly in Europe and North America) has translated to strong restrictions designed to preserve permanent housing stock and protect long-term renters.
• Australian states and territories have been relatively slow to respond to the growth of STRA activity and implications for rental housing supply and policymaking.
• Recent interventions in Western Australia, Victoria, Tasmania and New South Wales offer opportunities to monitor impacts and gain insights into the nature of supply and demand in the STRA sector.
• States can support local councils and housing providers by establishing programs to support property owners wishing to transition from STRA.