The Byron Shire Echo – Issue 34.41 – March 18, 2020

Page 35

Property Insider

Email us. propertyinsider@echo.net.au

Sweeping changes are coming to NSW landlords and tenants in March The NSW Office of Fair Trading has announced sweeping changes to the Residential Tenancies Amendment (Review) Act 2018 [NSW] and the Residential Tenancies Regulation 2019 [NSW]. These changes will come into effect on 23 March 2020. ‘Significant changes are coming which will affect property managers, landlords and tenants,’ said Leanne Pilkington, REINSW President. Some of the reforms include: • Rent increases must be limited to once per year,

during a periodic agreement when the fixed term has passed. • Landlords must obtain tenants’ prior written consent to publish photographs or video recordings of premises, including property interiors, for advertising purposes, which may show tenants’ possessions. • Tenants may make minor alterations, fixtures, additions and renovations with the landlord’s consent, but the landlord cannot unreasonably withhold consent if the alteration, fixture or addition is one

from a prescribed list in the 2019 Regulation. • Repairs and replacements of hardwired smoke alarms must be carried out by an authorised electrician. • Non-payment of water usage or utility charges may now result in tenancy termination (in addition to non-payment of rent) • Tenants have the right to break their lease if it is signed after 23 March 2020. Tenants will pay a break fee of: - 4 weeks rent if less than 25% of the fixed term has expired.

- 3 weeks rent if 25% or more, but less than 50% of the fixed term has expired. - 2 weeks rent if 50% or

more, but less than 75% of the fixed term has expired. - 1 week’s rent if 75% or more of the fixed term

has expired. • Victims of domestic violence will be able to terminate their tenancy without penalty.

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byronshirerealestate.com.au

1/81B Rajah Road Ocean Shores

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Inspect Saturday 21st March 12-12.30pm Price $890,000 to $960,000 Gary Brazenor 0423 777 237 Todd Buckland 0408 966 421

2/81B Rajah Road Ocean Shores Enjoy impressive ocean views from the expansive east facing deck or whilst unwinding in your bathtub. Combining perfect aspect and elevation with contemporary design and high ceilings means this home is light, bright and breezy. One of two beautful homes available.

26 North Head Road, New Brighton Rare opportunity to purchase this massive 400m² Californian Bungalow on just under 1500m². Offering spacious living, soaring ceilings, enormous rumpus, timber floors and loads of space for the guests. Along with a huge 60m² plus garage for the toys. 2 minute walk to the beach.

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Inspect Saturday 21st March 11-11.30am Auction TBC Gary Brazenor 0423 777 237 Todd Buckland 0408 966 421

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Absolutely stunning new home with huge ocean views. Discover for yourself this rare, elevated and private location 100m above & away from the street in the heart of Ocean Shores. This home is a class above the rest in modern design & quality with the latest and finest inclusions.

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Inspect Saturday 21st March 12-12.30pm Price $990,000 to $1,060,000

Gary Brazenor 0423 777 237 Todd Buckland 0408 966 421 www.echo.net.au/byron-echo Byron Shire Echo archives

1 Left Bank Road, Mullumbimby Set on a gently sloping 4000m², this property has direct creek access. The double brick house is extremely well built with suspended concrete slab, which is rarely seen these days. Open plan kitchen and dining have views over the property with established fruit trees and gardens.

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Inspect Saturday 21st March 10-10.30am Price $1,150,000 Todd Buckland 0408 966 421 lëſĈIJ Ǩǯǽ ǩǧǩǧ The Byron Shire Echo 35


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