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Financial assistance extended for tenants and landlords
By Jo Kennett TWEED SHIRE residents facing rental stress have been thrown a much-needed lifeline by the NSW government. The lockdown of local businesses and the border closure has seen many local residents unable to work, but now the government has announced an increase to the Residential Tenancy Support Package to up to $4,500 per tenancy and an extension to the eviction moratorium until November 11, giving increased security to residential tenants impacted by COVID-19. Minister for Better Regulation and Innovation Kevin Anderson said the increased payment will incentivise landlords to offer rent reductions to tenants who are doing it tough and the extension of the eviction moratorium will provide welcome peace of mind. “We know times are tough and the COVID-19 pandemic has caused significant financial hardship for many, which is why the NSW Government is continually assessing our support and providing assistance where it is needed,” Mr Anderson said. “The Residential Tenancy Support Package will now provide payments of up to $4,500 per tenancy as long as
landlords reduce rent for their tenants by at least that much and have not claimed land tax relief. “This is a further $1,500 increase and comes as part of our commitment to supporting people who have taken a hit due to COVID-19. “We have always encouraged landlords and tenants to work together to negotiate a rent reduction, and now the NSW Government is providing a rebate of up to $4,500 to make sure tenants and landlords are both protected. “During times like this it is crucial that we all dig deep and do what we can to help each other out, so I am strongly encouraging landlords to work out a rent reduction for their tenants and then make the most of this rebate. “The NSW Government is working around the clock to get applications approved and money is being processed in a very timely fashion.” Mr Anderson said the extension to the eviction moratorium will give tenants who have experienced a downturn in their income due to COVID-19 one less thing to worry about while they are getting back on their feet. “COVID-19 impacted residential tenants who are struggling with
Open home Saturday, September 11
Minister for Better Regulation and Innovation Kevin Anderson
rent will continue to be protected from eviction due to rental debts until 11 November, which is an extra two months protection to the moratorium period previously established.” Mr Anderson said. “Following the moratorium, for the period November 12, 2021 to February 2022, transitional measures will apply and will limit when terminations can occur for rental debt accrued during the moratorium.” If you have agreed a repayment plan, DJ Stringer a landlord will only Property Services: be able to terminate 3/62 Garrick Street, your tenancy for this debt if you have Coolangatta, 9amfailed to make two 9.30am or more consecutive repayments and
it is fair and reasonable in the circumstances. If you have not been able to agree on a repayment plan, a landlord will be able to terminate your tenancy for this debt if the landlord has tried, in good faith, to negotiate a repayment plan through Fair Trading, and it is fair and reasonable in the circumstances. Landlords also have the option to apply for the COVID-19 land tax benefit instead of applying for the Residential Tenancy Support Payment, which is an offset of the land tax liability equal to the rent reduction granted. Tenants and landlords are encouraged to enter into negotiations in good faith, but
if you are unable to resolve the issue privately, you can contact Fair Trading who will act as a mediator: www.service.nsw.gov. au/transaction/lodge-tenancycomplaint-nsw-fair-trading Applications for the increased rebate will open shortly. Landlords who have already claimed the rebate can offer further rent reductions and apply for an additional rebate up to $4,500. Alternately a landlord who has yet to apply for the rebate can do so in a single application. For more information on the package or to apply go to Residential tenancy support package via the NSW Fair Trading website.
We are so thrilled and honoured to be nominated in REI NSW Awards for Excellence... Now into its 25th year, the prestigious Real Estate Institute of New South Wales Awards for Excellence are the most respected and highest honour within the real estate profession, acknowledging exceptional performances across the industry. The 2021 finalists have just been announced.
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Among those honoured was our team at Raine & Horne Ocean Shores/Brunswick Heads & Murwillumbah, who have been shortlisted as finalists in the RESIDENTIAL SALES TEAM category. Megan Chynoweth, our Sales team’s Administration Manager, is also a finalist in the OPERATIONAL SUPPORT category.
Freecall 1800 LIST IT We’ll Love Your Listing
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Executive Entertainer with Second Dwelling This executive style home is an entertainer’s dream and amply provides for a family’s need for space where you want to come home to relax and enjoy spending time with loved ones. The generous floor plan of the home is configured into 2 separate wings with the main section incorporating 2 bedrooms, 2 bathrooms, lounge, study area, kitchen and media/extended living area. The rear wing provides 2 more bedrooms, a bathroom and multi-use area that could be utilised as a study/media room or even a small kitchenette/dining room. The owners have just completed a new, second dwelling, accessed from the rear lane frontage which will enhance the lifestyle benefits to its new owners for extended family, a potential income stream (Air B&B), or even a professional business occupation.
$1.495m 11 Eyles Avenue, Murwillumbah
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Belinda Franks 0409 152 200
Wide Waterfront Wow! Magnificent wide water frontage and uninterrupted views to the mountain ranges, coupled with an impressive concrete wharf plus boat ramp access. Freshly painted, this comfortable home incorporates 2 levels of amenity with 3 bedrooms (all with robes), 2 bathrooms (ensuite to master) and 2 living areas on the upper level. A light-filled dining and family room that is completely enclosed by glass allows for full enjoyment of the views at any time of the day. The lockup garage with internal access also lends itself to be the media room (fully insulated) for movies and general entertainment for the kids. Downstairs there is a studio bedroom with covered patio sitting area, a bathroom, separate toilet, an additional bedroom, workshop and a good deal of storage.
151 Tweed Valley Way, South Murwillumbah
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Belinda Franks 0409 152 200
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If you want a professional agent that is committed to making sure your property creates the best first impression and achieves a great result, call me today. I guarantee your 100% satisfaction.
Belinda Franks 0409 152200
Live-in or Invest Immaculately presented with spacious proportions throughout, this 3 bedroom, 2 bathroom townhome is a fantastic opportunity to secure a great investment, or if you’re on a budget or looking for your first home, this could be the ideal starting point.
7/198 Byangum Road, Murwillumbah
Features include; * 3 large b’rooms, w/ sliding mirrored robes and ceiling fans * Practical, well appointed kitchen with gas hob, stainless electric oven, dishwasher, stone bench top and glass splash back * Open plan air conditioned lounge and dining with attractive floor tiles * Sliding door opens out to private covered courtyard (northerly aspected for warm winter sunshine) * Security screen doors (front & rear)
* Study nook * Sliding door off large 2nd bedroom to balcony * Ensuited king size master bedroom with TV point * Lockup garage plus 2nd car space * Excellent tenant on lease until June 2022 at $460pw * Body Corp $49pw
raywhiteruraltweedvalley.com.au
Belinda Franks 0409 152 200
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12 Sequoia Close ELANORA
4
2
2 AUCTION
RESORT STYLE SINGLE LEVEL FAMILY ENTERTAINER Four bedrooms - master with walk in robe and ensuite Three internal and free flowing living areas In-ground pool and gazebo, fully fenced and landscaped flat 800m2 block Brand new appliances in the kitchen including oven, cooktop and dishwasher Ducted air-con throughout plus ceiling fans and solar Large storage / garden shed with power plus a separate shed for the pool pump and equipment
12 Mornington Terrace ROBINA
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JUSTIN SCHMITH 0422 051 505
2
2
EXPRESSION OF INTEREST
SPECTACULAR WIDE WATER - ROBINA QUAYS Four-bedroom family entertainer with uninterrupted views of the water and bird life Master bedroom with private sunny veranda overlooks pool and gardens Large walk in-robe and ensuite double shower and vanity Waterside tropical swimming pool Gourmet chef kitchen with stone bench tops and gas cooking Reverse cycle ducted air conditioning, solar panels
110/955 Gold Coast Highway PALM BEACH
2
JUSTIN SCHMITH 0422 051 505
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OFFERS OVER $595,000
GROUND FLOOR BEACH RESORT LIVING Two bedrooms, master with ensuite and walk-in wardrobe Large modern kitchen with plenty of cupboard space Spacious, bright and airy with open adjoining dining Astute investment offering solid rental return prospects Stroll to PBC Highschool, ‘pirate park’, great cafés, shops, and restaurants Secure basement parking
4/3 Boundary Lane, TWEED HEADS
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JUSTIN SCHMITH 0422 051 505
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PRICE GUIDE $3,000,000
TWO PENTHOUSES IN ONE – RAINBOW BAY DURANBAH BEACH Four large bedrooms, three bathrooms, powder and media room Master suite with walk-in robe, large ensuite and balcony Ocean views from all six balconies, rooms designed to take in views from every angle Full building security with key fob entry and camera intercom Significant rental returns and income Two secure car spaces with purpose built storage
TC A RE RT N D N OC U
55 Tatyewan Avenue SMITHS CREEK
11
JUSTIN SCHMITH 0422 051 505
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8 $3,850,000
112 ACRES, HOMESTEAD, 6 CHALETS Stand alone commercial kitchen Stand alone office building and massage room Approvals in place for further expansion 60 acres protected by Biodiversity Conservation Trust A documented flora and fauna list is available upon request Underground gas, power and water supply
JUSTIN SCHMITH 0422 051 505
PHONE: (07) 5607 4156
schmith.com.au
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THE GO TO AGENCY FOR RENTAL MANAGEMENT DJ Stringer is one of the largest managers of investment property, servicing over 2,200 landlords & tenants, with a portfolio estimated at over half a billion dollars under management. Rental prices have soared over the last 12mths & our vacancies are less than 1%. In fact, we have a large data base of tenants waiting to move in!
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