A question of how much
How much rent can I receive for my property? To determine how much rent you can charge for your ...
How much rent can I receive for my property?
To determine how much rent you can charge for your property, you need an idea of how much money similar properties in your area are renting for. We will help you assess the market rent.
A good place to start is to carry out some research online. It is important to pay attention to the requested prices, as well as how long the properties stay on the market at those rates. We can provide you with plenty of useful information on comparative rentals in the area.
Can I increase the rent during the lease period?
Current rent rates must remain in place for the remainder of the lease term (unless in SA or NT, where rents can be increased every six months, regardless of fixed term). If you then want to increase the rent, you should give your tenant the required notice that you intend to change their rent at the end of their current lease.
Notice periods can vary from state to state so we will let you know what applies and handle the process to meet your request for increased rent.