In a bid to free up more homes for the long-term rental market, the New South Wales (NSW) government’s independent planning tribunal has allowed Byron Shire Council to cap the number of nights a homeowner can rent out a short-stay rental to 60 nights a year.
NSW Planning Minister Paul Scully announced the change on Sept. 26, saying that short-term rental accommodation was a “complex matter” and that the introduction of a 60-day cap aims to incentivise landlords to offer their properties for long-term rentals.
