Kent Rental Allowance & Key Rental Market Information for Brisbane, May 2017
5th June, 2017
Kent’s Rental Allowance Matrix for Brisbane (as of May 2017) is now available for download.
Our rental market information incorporates the most recent and accurate data to provide human resources professionals with the information they need to make informed decisions about employee relocations. The matrix has all the data, including house rent allowance figures, required to make relocation decisions that provide the best outcomes for employers and employees.
The rental property data provides a breadth of data related to specific Brisbane suburbs, from population demographics to available parklands, rental property price breakdowns for one, two, three and four bedroom properties and rental vacancy rates.
To illustrate the depth of information that our May 2017 rental property data covers, let’s use Inner City Brisbane as an example. The matrix shows that Inner City Brisbane has a predominant age group of 25-34 years. Parklands cover 8% of the total area and there is a 5.6% vacancy rate for rental properties.
The median rent for an inner city property in Brisbane (as of May 2017) is:
- 1 bedroom: $440 per week
- 2 bedrooms: $650 per week
- 3 bedrooms: $895 per week
- 4 bedrooms: $1,950 per week
This is just a sample of the information you can find in the Brisbane Rental Allowance Matrix. The Matrix also provides accurate data on the all the major areas and suburbs of Brisbane, including East Brisbane (New Farm), South Brisbane (Highgate Hill), West Brisbane (Bardon), and North-East Brisbane (Fortitude Valley).
The ability to compare suburbs and areas across key areas, such as median weekly rent and predominant age groups mean you can place your assignees in an area that is right for them, their lifestyle and the budget of your company. The matrix also provides data on household income, which makes gauging cost-of-living expenses even easier.
All our rental allowance data is sourced from respected and reputable bodies, such as:
- Data releases of leading organisations and institutes
- Reputable media outlet polls and releases
- The local knowledge that Kent group has amassed during our 70 year history and our own tried and tested methods of comparative analysis of rental market conditions.
This up-to-date rental market information functions as an aspect of our delivery of superior quality corporate relocation services. Our ultimate objective is to instil our clients with the confidence they need to execute effective relocation projects. An effective relocation project can only be achieved if the right outcome is found for both the employee and the business as a whole. We play our part in this process through our industry leading service delivery model, which is backed by our 5-star Quality Service Guarantee.