Victoria's Rental Reforms: What Property Owners Must Know
Rewarding Property Decisions with Jarrod McCabe of Wakelin Property Advisory
Manage episode 517782519 series 2921058
Victoria’s rental landscape is shifting with a new suite of reforms to the Residential Tenancies Act, effective from 25 November 2025.
These updates aim to raise standards and address poor practices, urging investors to focus on proactive compliance to avoid fines, disputes, or challenges in a competitive leasing market.
In this week's episode, Jarrod is joined by Wakelin Property Advisor Jordan Telfer to break down the key mandates and share practical strategies for staying competitive as renter protections intensify.
- The 2021 baseline for rentals and common retrofits like efficient heating systems
- Key energy upgrade rules for hot water, cooling, insulation, and draughtproofing, plus exemptions for challenging properties
- The end of no-reason evictions, highlighting renter screening and manager partnerships
- The rental bidding ban and strategies for setting competitive initial rents without overbidding
- Longer 90-day notice periods for increases and vacating, with case-by-case planning for sales timing
- Pre-advertising minimum standards and defending rent increases through comparables and documentation
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100 episodes