1. What is the CPI Rent Increase Calculator?

The CPI Rent Increase Calculator helps landlords and tenants in NSW determine permissible rent increases based on the Consumer Price Index (CPI) for Sydney. This variant (3) uses the standard calculation method approved for residential tenancies.

2. How Does the Calculator Work?

The calculator uses the following formula:

Where:

• Current Rent — The existing weekly rent amount in AUD
• NSW CPI Rate — The official CPI percentage increase for Sydney

Explanation: The formula calculates the new rent by applying the CPI percentage increase to the current rent amount.

3. Importance of Rent Increase Calculation

Details: Proper rent increase calculations ensure compliance with NSW tenancy laws and maintain fair relationships between landlords and tenants.

4. Using the Calculator

Tips: Enter current rent in AUD and the official NSW CPI rate as a percentage. The calculator will show the new allowable rent amount.

5. Frequently Asked Questions (FAQ)

Q1: How often can rent be increased using CPI in NSW?
A: Generally once every 12 months for periodic agreements, unless otherwise specified in the lease.

Q2: Where can I find the current NSW CPI rate?
A: The official rate is published by the Australian Bureau of Statistics (ABS).

Q3: Is this calculator applicable to all rental properties in NSW?
A: Most residential tenancies, but some exceptions may apply (e.g., fixed-term agreements with different terms).

Q4: Can landlords increase rent by more than CPI?
A: Only with tenant agreement or if specified in the lease for fixed-term agreements.

Q5: What if the calculated increase seems unreasonable?
A: Tenants can apply to the NSW Civil and Administrative Tribunal (NCAT) if they believe the increase is excessive.