Rental Allowance Matrix & Key Rental Property Data, Perth June 2016
26th July, 2016
Kent’s Rental Allowance Matrix and Rental Property Data for Perth’s inner city is available now and includes detailed rental market information for North, South, East and West Perth, and their subsidiary locales.
Kent Relocation Services provides rental property data and insights to be relied upon by human resources professionals to revise existing or establish new rental allowance rates when considering assignee relocation. We source this data via a range of reputable and accurate means, including:
- Figures released by intra-state real estate institutes and regulating organisations
- A comparative evaluation of the rental market
- Media releases
- The use of our comprehensive local knowledge gained over decades of industry experience
Let’s take a look at the rental information as it applies to Perth’s inner city, as of June 2016. The inhabitants of Perth’s inner city are predominantly 25 to 34 years of age. There is a vacancy rate for rental properties of 6.5%. Roughly 90% of these vacancies are for 1 or 2 bedroom properties. The median weekly rent per week in inner city Perth is as follows:
- 1 bedroom: $380
- 2 bedrooms: $475
- 3 bedrooms: $640
- 4 bedrooms: $704
For more statistics, please consult Kent’s Rental Allowance Matrix, Perth June 2016.