Victorian rental hikes capped to once a year

Rent hikes for Victorians will be capped to once a year under changes in effect from Wednesday, in a bid to make renting fairer.

The cap will apply to fixed-term and month-to month tenancy agreements, but existing arrangements will continue to apply until the lease ends.

"Limiting rental increases to once every 12 months helps families who may be doing it tough to better balance their living costs, provides greater financial security and increases protections for tenants," Consumer Affairs Marlene Kairouz said.

Prior to the changes, landlords could increase rent every six months under a tenancy agreement, leaving vulnerable or disadvantaged tenants often in a precarious financial situation, she said.


RealRenta will automatically text and email a payment reminder to tenants if rent is not paid on time, as well as, sending a text and email reminder to the landlord.

If payment still has not been remitted within 7 days of the original reminder, RealRenta will automatically generate a breach notice.


Use RealRenta for Free now for up to 2 months and you will NEVER hand over your rental income to agents ever again.

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Jason Gwerder
Monday, 24 June 2019

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