Kent Rental Allowance & Key Rental Market Information for Darwin, February 2018

Rental allowance & rental market information for Darwin February 2018
Rental allowance & rental market information for Darwin, February 2018

Kent’s Rental Allowance Matrix for Darwin (as of February 2018) is now available for download.

Having rental market information on hand is essential for any human resources professional in charge of relocating assignees. The HR department needs to balance the needs of the assignee and the business. By having this rental property data on hand, HR professionals can make an informed decision.

The beauty of our matrix is that it offers both broad and specific data. This allows HR professionals to conduct comparative analyses across suburbs, as well as specifics such as parkland coverage, predominant age group and vacancies in one, two, three and four-bedroom homes.

To demonstrate the analyses you can perform using the matrix, let’s look at the suburb of Wagaman, in the North of Darwin. The predominant age group is 25-34, and it has a rental property vacancy rate of 3.5%. It has the highest vacancy rate in three-bedroom properties, suggesting it is primarily made up of young families.

By comparison, the Darwin CBD has a large number of one, two and three-bedroom apartments available and a median age group of 20-39 years. The cost of rent is similar between the two areas, meaning HR departments can freely place a single, young professional in Darwin and an assignee with a young family in Wagaman.

The matrix offers house rent allowance data on all the key areas of Darwin, including Malak, Parap and Nightcliff. This type of data is precisely what HR professionals need to allow them to make quick and informed decisions.

We have gone to great lengths to fill this matrix with data from trusted and reputable sources. Some of our sources include:

  • Data releases of leading institutes and organisations
  • Polls and releases by relevant and legitimate media outlets
  • Our comparative analysis of Darwin’s rental market combined with the local knowledge we have gathered during our 70 years of operation.

The provision of this rental allowance data is central to our overall goal of providing an end-to-end corporate relocation service. We aim to be there every step of the way – from planning to the final move – and give both the assignee and the business a smooth relocation.

We give you the tools you need to make the right decision, and then we help you to fulfil that decision through our comprehensive service offering, which is backed by our 5-star Quality Service Guarantee.