Long term rentals no longer a pipe dream

renters happy with long-term rentalFor many people having to move house every six to twelve months is a recurring nightmare. Especially when it means uprooting children from schools and disrupting jobs and social networks.

Twenty-five per cent of Victorians rent so the problem of short-term leases affects a lot of people.

However, there is hope on the horizon. The government is reviewing the tenancy laws and has just announced it will support new laws for leases of more than five years.

The government expects the new long-term leases to be available by 2018.

A website will be developed to connect people who want long-term leases with available properties.

Yaelle Capsi, policy officer of the Tenants Union (an organisation that stands up for tenants), said it was ‘a good first step’ and ‘recognition for the need in the rental market for greater security’.

She said it was important that any reforms to tenancy laws maintain current protections, and that tenants should not be asked to undertake additional costs or burdens.

This page was last updated on March 14, 2017