Reminder: Rent Increases Limited to Once Every 12 Months
Reminder: Rent Increases Limited to Once Every 12 Months

For rental providers and renters who are renewing their rental agreement or signing a new one, rent increases are limited to once every 12 months. Prior to 19 June 2019,  rental providers could increase the rent every six months.

At least 60 days’ notice for any rent increase must be given, using the appropriate form.

Rental providers or agents must not increase the rent before the end of a fixed-term lease, unless the terms of the agreement allow for this.

From 1 July 2020, this change will also apply to caravan parks, residential parks and rooming houses.

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about 1 year ago
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Home buyers and renters are increasingly aware that not only are they doing their bit for the environment when opting for sustainability at home but they’re also reducing the ever-increasing cost of energy bills as we work towards Net Zero homes. ... more