Victoria’s rental reform program has introduced legally binding minimum standards that every landlord in Melbourne’s South East must follow. Non-compliance exposes owners to compliance notices and legal action through VCAT.
Minimum standard requirements
Properties must have fixed heating and ceiling fans or cooling in the main living area, with window coverings in all bedrooms and living areas. The home must also have adequate ventilation, working smoke alarms, functional locks on all external doors and windows, and be free from mould, damp, and vermin throughout the tenancy.
Compliance and consequences
Consumer Affairs Victoria can issue compliance notices to properties that fail to meet these legal requirements. Tenants also have the right to apply to VCAT for orders requiring landlords to rectify any deficiencies.
The complexity of self-management
Self-managing now requires strict adherence to condition reports, prompt RTBA bond lodgement, and specific rent increase procedures. Urgent repairs must often be responded to within 24 hours to remain compliant with current legislation.
The honest reality
Self-managing may save between $2,500 and $4,000 per year in fees. However, one missed urgent repair notice or a single non-compliant lease clause can cost a landlord multiples of those savings.
Questions to consider
- Does your property currently meet all legal requirements for heating, cooling, and ventilation?
- Are you prepared to respond to urgent repair requests within 24 hours to avoid legal risk?
- Is the potential saving on management fees worth the risk of a costly VCAT dispute?
Talk to KR Peters for a straight-talking appraisal with no obligation.
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Market information is general in nature and reflects conditions
at the time of publication. For advice specific to your property,
contact KR Peters.