You can benefit from the new rules about rent increases
Under the latest Queensland regulations, a property’s rent cannot be increased within a 12-month period for a particular property, regardless of whether the tenants change or remain the same.
This new rule is designed to provide stability for tenants, but it also means that landlords need to be more strategic in managing their rental agreements.
However, there are ways to work within these regulations to make sure you still get the most benefit as a landlord – like having two agreements to grant you the most return financially.
If you’re concerned about this new regulation or want to discuss your best option, the good news is that the team at CPC Properties are qualified to help manage your property and navigate your rental conditions entirely within the bounds of the law.
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