Kent Rental Allowance & Key Rental Market Information for Darwin, May 2017
7th June, 2017
Kent’s Rental Allowance Matrix for Darwin (as of May 2017) is now available for download.
We have created this rental market information to provide human resources professionals with informed and reliable data that will allow them to make sound decisions on employee relocations. The information is broad, and yet specific enough for human resources departments to make effective choices about relocations and to allocate appropriate funds for employee house rent allowance.
Our rental property data covers a range of information, including data on parkland coverage in specific suburbs of Darwin, as well as figures on predominant age groups, rental vacancy rates, and rental property price breakdowns, including median and average rent prices for one, two, three and four bedroom properties.
Our May 2017 rental property data for Darwin lists a predominant age group of 20-39 years, a rental vacancy rate of 6.8% and parkland coverage throughout 36% of Darwin’s total area.
The median rent for Darwin (as of May 2017) is:
- 1 bedroom: $350 per week
- 2 bedrooms: $500 per week
- 3 bedrooms: $600 per week
- 4 bedrooms: $792 per week
The Darwin Rental Matrix goes far beyond the inner city, providing data for the key areas surrounding Darwin, including Fannie Bay, Nightcliff, Malak, Wagaman and Parap.
By providing key data on all the major areas of Darwin, human resources professionals can conduct comparative analysis on each suburb to find the best fit for their assignee. For example, Fannie Bay has a predominant age group of 38-54 years and Nightcliff has a predominant age group of 25-34 years. Malak has no vacancies for one bedroom apartments, while Nightcliff has 35 vacancies. Making Nightcliff, potentially, a perfect place for a younger, single assignee.
We’ve consulted a number of respected and reputable sources to compile this rental allowance data, including:
- Data releases of leading institutes and organisations
- Polls and releases by relevant and reputable media outlets
- Our own comparative analysis of Darwin’s rental market combined with the local knowledge we have gathered during our 70 years of operation.
This up-to-date rental market information is just one aspect of our suite of superior quality corporate relocation services. The aim of our relocation services is to provide clients with a service they can rely on, so they can focus on setting up their assignees for the perfect relocation. We understand the importance of finding good outcomes for both the assignee and the business and we achieve this dual-purpose through our industry leading service delivery model, which is backed by our 5-star Quality Service Guarantee.