Alison works in the City, so she drives to a nearby station to catch the train. Her commute takes 1.25 hours. Raj is self employed and works in the Inner West. He travels by car in off peak hours, taking about 45 minutes.
Their gross household income is about $170,000 per annum, which hasn’t really increased over the last 4 years. At the beginning of their tenancy agreement, they paid $525 per week. Their rent increased twice, by $30 and then by $45, to $600 per week.
On both occasions Alison and Raj tried to negotiate a lesser increase on the basis of being long term, reliable tenants, but the landlord would not agree.
Alison and Raj recently moved out of the unit and it was leased to a new tenant for $625 per week. Alison and Raj moved into a 3 bedroom house in a nearby area and are paying $690 per week. They were happy to pay a little extra for more space.
They are still concerned about having to move again in the future, due to the potential rental increase. When their daughter reaches school age.
Alison and Raj asked for a two year lease when they moved into the new house to have some certainty. The real estate agent declined, and said the maximum rental term is 12 months.
Which statement best describes you if you faced the same circumstances:
]]>Refer to the ABS definitions here for more information >Definitions<
]]>If the rental market was better regulated, to have longer lease terms or better oversight of price increases, would you have continued renting?
]]>How likely would you be to offer them a 3 year lease if they requested it?
]]>Our Privacy Policy outlines how we use your personal information and what we do to protect it.
]]>At the beginning of their tenancy agreement, they paid $420 per week. After that, they had their rent increased by $10 every year. Their rent is now $470 per week, representing an increase of $50 per week. This year, the landlord is proposing another increase of $10 per week.
Which statement best describes your response if you faced the same circumstances:
]]>Which statement describes the most reasonable outcome:
]]>If you were the landlord for Sally and John, would you agree to them requesting a lease on the terms described?
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