1. What is CPI Rent Increase?

In New South Wales, landlords can increase rent based on the Consumer Price Index (CPI) for Sydney. This measures inflation and reflects changes in the cost of living. The rent increase is calculated as a percentage of the current rent.

2. How Does the Calculator Work?

The calculator uses the simple formula:

Where:

• \( CPI \) — Consumer Price Index percentage (inflation rate)
• \( Current\ Rent \) — The current monthly rent amount in AUD

Explanation: The CPI percentage is divided by 100 to get a decimal, then multiplied by the current rent to determine the increase amount.

3. NSW Rent Increase Rules

Details: In NSW, rent can only be increased once every 12 months for periodic agreements. There is no fixed cap on increases, but they must not be excessive. The CPI method is one acceptable way to calculate increases.

4. Using the Calculator

Tips: Enter the current CPI percentage (available from the Australian Bureau of Statistics) and your current monthly rent amount. The calculator will show both the increase amount and new total rent.

5. Frequently Asked Questions (FAQ)

Q1: Where can I find the current CPI for Sydney?
A: The Australian Bureau of Statistics (ABS) publishes quarterly CPI figures on their website (abs.gov.au).

Q2: Is there a maximum rent increase in NSW?
A: No fixed maximum, but increases must not be excessive. Comparable market rates and CPI are factors in determining what's reasonable.

Q3: How often can rent be increased?
A: For periodic agreements, only once every 12 months. For fixed-term agreements, only if specified in the lease.

Q4: Can I dispute a rent increase?
A: Yes, through the NSW Civil and Administrative Tribunal (NCAT) if you believe the increase is excessive.

Q5: Does this apply to all rental properties in NSW?
A: Most residential tenancies, but some exceptions may apply (e.g., social housing may have different rules).