On sale

2026 Awards for Excellence, Thursday the 15th of October. Finalists announced, tickets on sale. Early bird until the 23rd of September.

Buy tickets

HomeNewsroom › Press coverage

Where Allan government is stockpiling properties, in a move feared will lead to rental rises

Press coverage 16 October 2024 Summary of published coverage
Where Allan government is stockpiling properties, in a move feared will lead to rental rises

Homes Victoria was reported to be leasing private dwellings directly from builders on five-year terms with guaranteed annual rent rises of 5 per cent, targeting three-bedroom homes in western and inner Melbourne suburbs. The social housing waiting list had passed 61,500. PIPA argued the agency was drawing stock out of the private rental pool instead of tackling the land tax and tenancy settings driving owners to sell.

Reported by

Shannon Deery, Daily Telegraph, 16 October 2024

Read the original article

PIPA has summarised this coverage for members. Copyright in the original article remains with its publisher.

From the association

Our digital PIPA Adviser Magazine

PIPA runs its own annual survey of property investors and publishes the results in full. It is the evidence behind most of what you have just read.

Tell us where to send it and you will have the Investor Sentiment Survey now, and the next one when it is published. Unsubscribe in one click.

Raise the standard, or find someone who already has.

Join PIPA to be held to a professional standard your clients can verify. Or tell the PIPA team what you need and be matched with an accredited adviser.