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YOUR PERSONAL SCENARIO
See the percentage rise, what it costs you each week and year, and how it compares with how asking rents have moved in your city.
Starting amounts and rates are illustrative assumptions, not city market data or lender quotes. Edit them for your circumstances. All results are in AUD.
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What you pay now.
The amount in your rent increase notice. For a fortnightly or monthly rent, convert both figures to weekly first.
$600 → $650 a week.
52 weeks.
A PRACTICAL GUIDE
Divide the new rent by the current rent, subtract one and multiply by 100. A rise from $600 to $650 a week is $50 more, or 8.3%, which adds $2,600 over a year. The calculator above does this for you and compares the rise with how asking rents in your city have moved over the past year.
Each state and territory sets how often rent can go up, how much written notice you must get, and what you can do if you think an increase is excessive. Check the rules with your tenancy authority before you respond.
A city’s change in asking rents is a guide, not a cap. Look at current listings similar to yours in your suburb, and at your suburb’s asking rents on this site, to judge whether the new rent is in line with the local market.
Use the rent budget calculator to see the new rent as a share of your income, and compare it with the typical rents in nearby suburbs if you are thinking of moving.
During a fixed-term lease, rent can generally only change if the lease itself allows it. Increases usually come at renewal or on a periodic lease. Your lease and your state’s rules decide what applies to you.
CHECK YOUR SCENARIO AGAINST THE MARKET
Rents, prices, vacancy and their trends.
Browse Sydney councils and postcodes.
Where Sydney rents are moving.
Weigh it against another city.