What this class covers
ANZSIC class 6711 classifies businesses primarily engaged in renting or leasing residential properties for long-term living arrangements in Australia. This includes both property owners who lease their properties directly and operators who sublease properties they themselves rent. The classification specifically excludes holiday accommodation, focusing instead on dwellings used as primary residences.
Typical operations in this class include landlords renting out investment properties, companies managing residential apartment buildings, and operators of long-term residential caravan parks. The common thread is providing housing for residential purposes rather than temporary accommodation.
This classification is used by government agencies for statistical reporting, by businesses when registering for an ABN, and by researchers analyzing Australia's rental property market. It helps distinguish residential rental operations from other property-related activities such as real estate agencies or holiday accommodation providers.
Primary activities in plain English
Businesses in this class typically engage in:
- Renting or leasing apartments, units, or flats as long-term residences (excluding holiday apartments)
- Renting or leasing houses as primary dwellings (excluding holiday houses)
- Operating residential caravan parks for permanent or long-term residents
- Managing body corporate or strata operations for residential properties
- Subleasing residential properties where the business is itself the lessee
Exclusions and nearby codes
This class specifically excludes several related activities that fall under different ANZSIC classifications:
Operating hotels, motels, boarding houses, rooming houses, student residences, holiday caravan parks, or holiday houses/flats is classified under ANZSIC 4400: Accommodation. The key distinction is whether the accommodation serves temporary visitors versus long-term residents.
Operating as a residents' organisation that promotes community interests rather than managing property falls under ANZSIC 9559: Other Interest Group Services n.e.c.
Real estate agencies that facilitate property transactions without operating properties themselves are classified in group 672 under different codes.
Practical guidance
When registering your business with the Australian Business Register, you'll need to select the appropriate ANZSIC classification. Residential property operators should use class 6711 if their primary activity matches the description.
For taxation purposes, rental income from residential properties must be declared to the ATO. Different tax treatments apply to residential versus commercial properties, and different rules govern holiday rentals versus long-term residential leases.
Workers' compensation insurance classifications may vary by state, but typically fall under clerical or property management categories for administrative staff, with different classifications for maintenance workers. Check with your state's WorkCover authority for specific requirements.
When completing business activity statements, residential property operators need to account for GST differently depending on whether they're providing commercial residential premises (which may be GST-taxable) versus input-taxed residential rentals.