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Hey Andrew. They possibly could, but we also added a room (so it's 6 now) and did a lot of research on what was required to attract and retain students in the house. It's not as simple as just placing an ad and they coming flooding in. We worked out exactly what they wanted, that wasn't being...

Fair question geoffw. We called and checked with council before setting it up, so I would say yes. The other authority here is the RTA - not to be confused with the NSW RTA. They also had it covered under 'rooming accommodation'. So again, yes. If that ever changed, we'd revert back to regular...

We have an unusually high yielding investment property that we wish to sell. Reason for selling is because we will soon be moving to NSW and need to buy there. I'm posting this here for advice on the best approach to achieve the right value for the property - given that it is unusual. Here's an...