Who Lives in a HMO

Houses of Multiple Occupation (HMOs) are often misconceived as low socio-economic housing. However, reality paints a different picture, especially considering the needs of essential workers. Anglicare Australia’s report on essential workers’ housing affordability reveals a stark crisis. Essential workers, the backbone of our communities, struggle with increasing rent prices, far outpacing their wage growth. Our… Continue reading Who Lives in a HMO

Why Build an HMO Over a Traditional Investment Property

Are you wondering why you should invest in a HMO instead of a 4 bedroom 2 bathroom house and land package to claim negative gearing benefits? Lets explore the reasons. We build the wrong product for the marketplace. Currently, 70-80% of new builds in Australia are 3, 4 or 5-bedroom homes, and the average size… Continue reading Why Build an HMO Over a Traditional Investment Property

What is affordable accommodation?

Everyone is talking about affordable accommodation; it seems to be a bit of a buzzword now that real estate is becoming increasingly expensive, and with migration levels at an all-time high, rentals are becoming more challenging and costly. Here at the HMO Property Co, we have been providing affordable accommodation to the market since 2015… Continue reading What is affordable accommodation?

Fire alarm requirements for a HMO

When it comes to supplying HMOs to the market and/or managing them, upgrading the property’s fire safety is paramount! Not only for compliance and insurance purposes but as a landlord or a property manager, you must put the safety of your tenants, residents and housemates first.  Why do we need to upgrade the fire safety… Continue reading Fire alarm requirements for a HMO

What is a HMO? 

Understanding the benefits for investors and the change in the way people are choosing to live What is a HMO?  I get asked this question a lot! HMO stands for House of Multiple Occupancy, which is also known as a Rooming House, Lodging House, Boarding House, Share House or Student Accommodation in Australia. However, the… Continue reading What is a HMO?