Kent Rental Allowance & Key Rental Market Information for Darwin, October 2017
23rd October, 2017
Kent’s Rental Allowance Matrix for Darwin (as of October 2017) is now available for download.
We know that human resources professionals need to have rental market information and rental property data on-hand to make decisions that work for both assignees and their business. We understand that this is a delicate balancing act, where quality of life and budgets need to be taken into account. Our Rental Allowance Matrix for Darwin provides all this information, and allows you to make informed decisions.
The rental allowance matrix for Darwin covers a broad range of data but is specific enough for professionals to conduct comparative analyses on various locations and pinpoint areas that will allow assignees to thrive, while keeping the relocation budget in check.
We offer information on areas such as parkland coverage throughout Darwin’s suburbs, as well as predominant age groups, property vacancy rates and median and average price breakdowns for one, two, three and four bedroom properties.
To illustrate the depth and breadth of the data we offer, let’s take a look at the inner-south suburb of Fannie Bay. Our house rent allowance information shows that the suburb has eight parks covering 36% of the total area. It has a predominant age group of 38 to 45 years of age and a rental property vacancy rate of 3.5%. The median rent for Fannie Bay as of October 2017 is:
- 1 bedroom: $340 per week
- 2 bedrooms: $400 per week
- 3 bedrooms: $550 per week
- 4 bedrooms: $775 per week.
Our Rental Matrix offers this critical data for all the key area of Darwin, including the inner-city, Malak, Nightcliff and Parap. This allows human resources professionals to compare suburbs and areas across crucial data points, and find an area that suits the needs of both their assignee and the business.
For example, while Fannie Bay may be perfect for an older assignee, younger assignees may be more suited to Nightcliff, which has a predominant age group of 25 to 34 years. You can also see that inner-city Darwin and Nightcliff have the highest availability of one bedroom apartments, making them perfect for young, single assignees.
To compile this matrix, we have researched each source thoroughly to ensure we provide clients with data they can rely on. Some of our sources include:
- 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.
We provide these matrices as a way to achieve the central goal of Kent Relocation Services, which is to provide an end-to-end corporate relocation service. We can look after every aspect of your assignee’s relocation, so you can focus on giving them the best start to their new role. This information will provide you with everything you need to make a relocation choice that ticks all the boxes for both your assignee and your business. We also help you to deliver on your decision, by providing a world-class relocation service that is backed by our 5-star Quality Service Guarantee.
