Good day,
If I buy a first home (apartment or unit) and I live in it also, what rules apply to how many other people I can also rent it out with at the same time. For example for a studio or a 1 bedroom unit if I also live there, how many other people can I rent out with. And if it is a two bedroom unit, that I live in also, how many people can I rent out with. Are there rules that restrict the number of other people that I can rent out to? And is it also dependant on how many bathrooms?
Thanks in advance…
As far as I know, there isn't really any council restriction on this – within reasonable grounds that is. (I'm based in NSW). Having said that, in our block of apartments, we have as part of our by-laws that there can be no more than 2 occupants to any single room. Would be a good idea to check with your Strata Managers, or Owners Corp first.
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