Is it legal to rent out your apartment on Airbnb in Sydney's CBD?

In Sydney’s CBD, the legality of renting out an apartment on Airbnb depends on several factors including local zoning laws, the specific by-laws of the building, and state regulations. New South Wales (NSW) state law allows short-term rental accommodation (STRA) but with certain conditions. Hosts must register their property with the NSW Government and comply with a code of conduct that includes safety and insurance requirements. Furthermore, if the apartment is part of a strata scheme, the owners’ corporation has the authority to adopt by-laws that can restrict or prohibit short-term rentals. These by-laws might require that the apartment be the host’s principal place of residence or limit the number of days it can be rented out annually.

Trivia: Sydney’s iconic Opera House was once projected to cost $7 million and take four years to build. Instead, it took 14 years and over $100 million, becoming a globally recognized architectural marvel and a prime spot visible from many Airbnb rentals in the area.