Crackdown on illegal subletting

A PILOT program is targeting tenants illegally subletting homes as the popularity of short-term rental options such as Airbnb grows.

BnbGuard is currently monitoring 3000 properties across 12 websites for unauthorised listings.

Co-founders Richard Frey and Reuben Schwarz started BnbGuard to address the risks of unwanted subletting, such as out-of-control parties, increased wear and tear, uninsured property damage, security worries, pop-up brothels, and squatters.

“Our unique technology and specialist team monitor short-term and long-term rental sites for our clients’ properties,” Mr Frey said.

There were more than 120,000 Airbnb listings active in Australia as of November 2017 — an increase of 40 per cent from the year before; according to industry estimates, 35 per cent of those were listed by tenants.

Surfers Paradise ranks the fourth highest Australian suburb with the greatest number of listings on Airbnb with one in 10 rental properties listed on the website.

It comes with the number of Airbnb listings expected to peak in the lead-up to and during the Commonwealth Games.

Gold Coast City Council decided last year to slug property owners $8086 to rent out a room or their home. This was introduced under changes to the city plan.

As part of the council’s enforcement of regulations governing party houses, most Airbnb hosts would have to apply for development permits to rent out their properties legally.

Finance | news.com.au — Australia’s #1 news site

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