Kent Rental Allowance & Key Rental Market Information for Brisbane, October 2017

19th October, 2017

Kent’s Rental Allowance Matrix for Brisbane (as of October 2017) is now available for download.

Here at Kent, we understand that human resources professionals need accurate and up-to-date rental property data to make informed relocation decisions that benefit both assignees and the company. In this matrix, you’ll find all that data. At a glance, you’ll be able to see rental property price breakdowns, vacancy rates, available parklands and predominant age groups for Brisbane’s key suburbs and surrounding areas.

The best way to see both the breadth and depth of the rental market information we provide is to use the East Brisbane suburb of New Farm as an example. New Farm is made up of 9% parkland, and has a predominant age group of 25 to 34 years. It has a rental vacancy rate of 5.1%, with the highest availability in one and two bedroom properties. From this rent allowance information, you can see that New Farm is the perfect place for a younger employee, especially a younger employee without a family.

The median rent for a New Farm property in Brisbane (as of October 2017) is:

• 1 bedroom: $305 per week
• 2 bedrooms: $430 per week
• 3 bedrooms: $625 per week
• 4 bedrooms: $925 per week.

The Brisbane Rental Allowance Matrix provides this sort of data for all the major areas of Brisbane. The matrix allows you to make quick, and useful comparisons across suburbs. The availability of price breakdowns for one, two, three and four bedroom properties also enables you to stay on budget while still accounting for the preferred lifestyle of your assignee. The graph demonstrating median household incomes makes it incredibly easy to gauge necessary allowances for assignees.

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.

We offer this matrix to ensure that we satisfy the core objective of our company – to provide an end-to-end corporate relocation service. We aren’t satisfied with merely transporting assignee’s goods, we want to assist in every aspect of the project, and that includes being an expert resource on all things relocations.

We’ve been involved in the industry for over 70-years, and during that time we’ve seen what works and what doesn’t. A successful relocation is only possible if the needs of the company and the assignee have been attended to. Assignees will be far more productive if they are happy in their new home, and business cannot hope to grow and expand if relocation costs are eating into the bottom line.

We offer the entire suite of corporate relocation services, all of which are backed by a renowned 5-star Quality Service Guarantee.