#vacanthomes — Public Fediverse posts

Aussie suburbs bucking the property trend—some areas see price drops up to $167K in the last five years.
However, the article overlooks Victoria's proactive approach to housing supply. Since 2018, the state has implemented the Vacant Residential Land Tax (VRLT), targeting owners of vacant properties. From January 1, 2025, the VRLT expands statewide, aiming to encourage property owners to lease or sell unoccupied homes, thereby increasing housing availability.
Additionally, the Victorian Government has introduced a 7.5% levy on short-term accommodation platforms like Airbnb, effective from January 1, 2025. This measure aims to prioritise housing and long-term rentals, raising funds to support social and affordable housing initiatives.
These policies are part of a broader strategy to address housing affordability and availability in Victoria.

#property #realestate #victoria #housing #housingpolicy #australia #vacanthomes #investorproperty #shorttermrentals #auspol #airbnb #negativegearing

https://au.finance.yahoo.com/news/aussie-suburbs-bucking-property-trend-where-prices-have-dropped-by-up-to-167000-032153599.html

#EmptyHomes are on the rise. So why aren't they being used to solve the #HousingShortage?

by Gerry Georgieva, 8/19/2025

Excerpt: "Not all empty homes are in the dire state of repair that Corina's once was. But roughly 265,000 of them in England have been vacant for longer than six months and are classified by the government as long-term empty (#LTE). (Wales, Scotland and Northern Ireland have different housing policies, as housing is a devolved matter in the #UK.)

"Fixing these would also have a significant effect on the communities around them, as long-term empty properties can attract anti-social behaviour and in some cases reduce an area's value."

Read more:
https://www.bbc.com/news/articles/c3r413l5n57o

#HousingCrisis #HousingForAll #AffordableHousingForAll #RepairGrants #VacantHomes

Sydney is facing a severe housing shortage, and owning a mansion seems like a distant dream for many. Meanwhile, there are sprawling, multi-million dollar homes across the city that have been left vacant and neglected for years. New South Wales tops the list for empty homes, with 22,000 vacant properties in Sydney alone. #HousingCrisis #SydneyRealEstate #VacantHomes #RentalCrisis #LandBanking #vacantpropertytax

https://www.9news.com.au/national/the-sydney-mansions-that-have-been-sitting-empty-for-years/93016d3c-3789-40f3-90af-a17f589fb13f