Powered by MOMENTUM MEDIA
realestatebusiness logo
Home of the REB Top 100 Agents

2 in 3 renters happy with landlords

By Staff Reporter
01 August 2013 | 9 minute read

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.

Do you have an industry update?
Subscribe
Subscribe to REB logo Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.