On 1st July 2024, South Australia implemented significant tenancy law changes designed to strengthen tenant protections. Key updates include:
- Stronger tenant rights: Tenants can now request property modifications with greater ease.
- Rental increase regulations: Tighter controls on when and how rents can be raised.
- Extended eviction notice periods: Landlords must provide more notice before evicting tenants.
How Do These Changes Affect Landlords?
For landlords, these reforms mean adapting to new responsibilities, including potential increased costs and longer rental agreements, which could impact profitability. Successful management under these new laws requires strategic planning and maintaining positive tenant relationships.
Stay Ahead of the 2024 Tenancy Law Changes
At Onyx Realtors, we’ve taken steps to ensure these changes are smoothly integrated, minimizing negative impacts on our landlords. If you’re a landlord and want to stay informed about how these changes might affect you, feel free to contact me.