Money magazine Comments - Friends With Money #211: Making money from your spare bedroom In this episode of the Friends With Money podcast, we explore the housing crisis in Australia and how renting out spare bedrooms could help provide more affordable housing. https://www.moneymag.com.au/feed/latest?story=179809157 Wed, 09 Jul 2025 17:05:22 +1000 Wed, 09 Jul 2025 17:05:22 +1000 en-AU Copyright 2026 Money magazine 5 Money magazine Comments - Friends With Money #211: Making money from your spare bedroom https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png Comment by helly ripphin ()

renting out a spare room? Remember, you will have to pay LAND TAX, which has jumped nearly 43% in the past few years. It is yet another disincentive to help the housing crisis. Oh and you have to change your insurance to be SPLIT up into one for the landlord part and one for the owner occupier. GOOD LUCK finding a provider who will even allow that !!! And if your tenant wrecks YOUR part of the house? Good luck making a claim. So it is far wiser to just leave all those bedrooms EMPTY.

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