2 in 3 renters happy with landlords

2 in 3 renters happy with landlords

by 0 comments

Most renters have good relationships with their landlords, with a new survey finding that two thirds of renters are happy with their treatment.

Real estate portal Domain.com.au surveyed 1,241 people across the country this month and found that 73 per cent had a good relationship with their landlord, and most had their rent put up by no more than $5 a week.

On the other hand, more than 22 per cent said they were now paying more than $50 a week extra compared to when they first moved in.

Almost 60 per cent felt rental increases were fair and 64 per cent felt they were paying a fair price.

Tenants’ Union of New South Wales policy officer Dr Chris Martin told The Sunshine Coast Daily while the survey showed tenants and landlords could work together, it also showed a quarter of participants were struggling.

"The result is that too many tenants put up with unhappy situations, until such time as an opportunity arises for them to move on," he said.

Dr Martin added that the number of “nightmare landlords” was falling but there were plenty that were not ideal.

"They may be ignorant of the law; they may be up to their necks in debt or otherwise have too little financial capacity to do repairs,” he said.

He added that there is still too little legal protection for tenants.

promoted content
Recommended by Spike Native Network
Listen to other installment of the Real Estate Business Podcast
reb top 100 agents 2017

With a combined sales volume of over $14 billion in 2017, the Top 100 Agents ranking represents the very best sales agents in Australia. Find out what sets them apart and learn their secrets to success.

featured podcast

featured podcast
How Peter Starr went from the top 100 to the top 10 in real estate

McGrath agent Peter Starr joins host Tim Neary for this episode of Secrets of the Top 100 Agents to unveil how he jumped a mammoth 57 place...

View all podcasts

Does the benefit of being part of a branded group outweigh the cost?

Yes
No
Depends on the group
Do you have an industry update?