1. What is the Rent Increase Calculator?

This calculator helps landlords and tenants in Victoria determine the maximum allowable rent increase based on the current rent and the Consumer Price Index (CPI) rate for Victoria. It follows the formula specified in Victorian rental laws.

2. How Does the Calculator Work?

The calculator uses the following formula:

Where:

• Current Rent — The existing weekly rent amount in AUD
• Victoria CPI Rate — The percentage increase from the Consumer Price Index for Victoria

Explanation: The calculation shows the maximum rent increase allowed under Victorian law based on the CPI rate.

3. Victoria Rental Laws

Details: In Victoria, landlords can only increase rent once every 12 months. The increase must be reasonable and cannot exceed the CPI rate unless special circumstances apply.

4. Using the Calculator

Tips: Enter your current rent amount in AUD and the current Victoria CPI rate (percentage). The calculator will show the new maximum rent amount.

5. Frequently Asked Questions (FAQ)

Q1: How often can rent be increased in Victoria?
A: Rent can only be increased once every 12 months in Victoria.

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

Q3: Can landlords increase rent by more than CPI?
A: Only if they can demonstrate that the increase is reasonable and justified by property improvements or market conditions.

Q4: How much notice is required for a rent increase?
A: Landlords must provide at least 60 days written notice of a rent increase.

Q5: Can tenants dispute a rent increase?
A: Yes, tenants can apply to VCAT if they believe the increase is excessive.