The STRA Incentive Scheme provides a $10,000 financial incentive to current owners of un-hosted short-term rental properties in Western Australia. This initiative encourages property owners to switch their property to the long-term rental market for a minimum of 12 months, assisting individuals in need of rental accommodations.
STRA Incentive Scheme
The scheme provides a $10,000 incentive payment for property owners who offered short-term rental accommodation between 28 September and the announcement of the scheme on 9 November 2023 but are now willing to transition to a minimum 12-month long-term tenancy, at or below the maximum rent chargeable for their property’s location (see table below).
Who is eligible?
Yes
- You own a single, self-contained property i.e. house, flat, apartment or units.
- The property was occupied or advertised as un-hosted short-term rental accommodation between 28 September 2023 and the announcement of the scheme on 9 November 2023.
- You transition your property from short-term to long-term rental accommodation by midnight on 8 November 2024.
- You enter into a residential tenancy agreement for at least 12 months, and the rent charged is at, or below, the maximum rent chargeable for your property’s location (see table below).
- You have an Australian bank account that payments can be made into.
- The tenancy must commence by 8 November 2024.
No
If any of the below are applicable to you:
- A property is not yours.
- You are not renting the entire property i.e. only renting one room.
- Your property was subject to a long-term tenancy agreement between the 28 September 2023 and the 9 November 2023.
What is the max rent chargeable?
Location | * Maximum weekly rent chargeable |
Greater Perth (includes Mandurah) | $800 |
Peel (excluding Mandurah) | $600 |
Gascoyne | $1,000 |
Goldfields/Esperance | $700 |
Great Southern | $600 |
Kimberley | $1,300 |
Mid West | $600 |
Pilbara | $1,400 |
South West | $650 |
Wheatbelt | $550 |
* Maximum Rent Chargeable by Location has been calculated by Consumer Protection WA using the four-bed median rental price for a house in each location as published by REIWA. This takes into account potential increases in the rental price over the term of the 12-month lease.
When are payments processed?
Approved property owners will receive $10,000 in two stages.
- $4,000 once the application is approved by Consumer Protection.
- $6,000 once the rental agreement reaches 12 months.
Contacts and Application Submission
Consumer Protection: 1300 304 054 or email
The application form is available here.
