The Law Around The Dreaded Rent Increase
Rent is expensive! So what happens when your landlord raises the rent? We’ve done the investigation for you, read on to get clued up on your rights.
Can a landlord raise the rent within a tenancy agreement?
For a fixed-term tenancy, landlords can only increase rent if there is provision to do so in the tenancy agreement. Otherwise, the law states a landlord can raise rent:
- after the first 180 days of tenancy
- provided the increase is not within 180 days of a previous rent increase
How much notice should I get?
Landlords are required to give no less than 60 days notice of any rent increase (28 days in a boarding house situation). Notice needs to be given in writing, stating the amount of rent increase and date the increased rent is due.
What can you do about a rent rise?
It could be a long-shot, but if you’re a good tenant it could be worth writing a letter directly to the landlord. Be armed with information to prove the increased rent is not in line with other properties in the area (you can use this website to get the facts)
Alternatively, you can appeal the rent increase to The Tenancy Tribunal.
How much can the rent be increased by?
There isn’t any law which limits the amount of a rent increase. However if the new rent is excessive compared to similar properties in the area, you might have a better chance at having it reduced through the Tenancy Tribunal.
What about the bond?
Yes, landlords can increase the bond when they increase the rent! The amount should be in line with the original bond paid – for example, if your rent increases by $15 a week and you paid 4 weeks rent as bond, the landlord can ask for an extra $60 to be added to the bond. Just like the original bond, it needs to be lodged.
Wish you could pay off your move-in costs over the year?
Unfortunately, rising rents often means rising move-in costs. MoveSmart means having the confidence of being cash ready when competing for a tenancy.