NSW rolls out smart rental bonds in Parramatta, Central Coast and Penrith
NSW is trialling its new Smart Rental Bonds system in Parramatta, Central Coast, and Penrith before a statewide rollout in August. The digital system modernises how rental bonds are lodged and managed.
What is NSW's Smart Rental Bonds system and does it affect my rental property?
Tradies who rent out properties or manage investment homes in NSW may need to use the new system. Landlord-tradies in the three trial areas are affected first.
Key takeaways
- NSW is piloting Smart Rental Bonds in Parramatta, Central Coast, and Penrith first.
- A statewide rollout is planned for August 2025.
- The system digitises how rental bonds are lodged and managed in NSW.
- Tradies who own or manage rental properties in NSW will need to use the new system.
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