Comment on Daily Discussion Thread: 🖋️📃📖👩‍🎓 Tuesday, October 8, 2024

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just_kitten@aussie.zone ⁨4⁩ ⁨weeks⁩ ago

It does appear that market rates are somewhat similar to what’s being proposed (though idk if they take into account age of property etc - huge variation in this suburb)

Key difference is there is no REA fee in my case, so I’m contacting Tenants Vic tomorrow on advice regarding whether that’s included when benchmarking rent increases. Because if the 550 benchmark includes REA fees of say 10%, I should only be paying 500/week

It looks like challenging a rent increase is free so I might just do it anyway. LL has taken the nuclear option so I might as well do the same

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