Wollongong city council draft strategy concludes short-term rentals have negligible impact on the housing crisis.

Wollongong's city council draft strategy finds that short-term rentals (STRAs) do not significantly affect the housing crisis, with 854 STRAs representing less than 1% of local housing stock. The council acknowledges STRAs impact the rental market but does not find it significant enough for action. The draft strategy suggests more tourist accommodation venues are needed, particularly in areas with limited attractions, residential character, or high land values.

August 11, 2024
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