The State Government is continuing to ensure more people have the safety, security and stability of a home, thanks to new incentives for investors to build rental properties. Build‑to‑Rent provides a new approach to residential housing, where properties in a development are designed to be held for rental over the long term.
Eligible Build‑to‑Rent developments completed and operational between 1 January 2021 and 31 December 2031 will receive both the 50 per cent land tax discount and full exemption from the Absentee Owner Surcharge (AOS) for up to 30 years from 1 January 2022.
The sector presents an opportunity to increase rental supply, improve the diversity of housing choice and mix, and provide more long‑term rental options.
To learn more go to Land Tax Concession For Build-To-Rent Projects