Rent increase conditions
Depending on the location of the rental property you need to give a tenant notice of a rent increase. Cubbi will automatically apply the required notice period when creating the rent increase notice.
Keep in mind for all states the rent cannot be increased during a fixed tenancy unless a condition is included in the agreement allowing for a rent increase of a specific amount or calculation, eg CPI. In other words you need to wait until after the Fixed Term End date for the rent increase to take effect. (You can still give the actual notice during the fixed term).
NSW
60 days notice
VIC
60 days notice Increases must be 12 months apart
WA
Periodic tenancy: Rent increases can occur at six-monthly intervals (but no sooner) and tenant/s must be given at least 60 days notice in writing using proper notice.
Fixed-term Agreement: Rent in a fixed-term tenancy can only be increased if the written agreement specifies how much the rent increase will be or the method of calculating the rent increase is shown (eg by a percentage). If the rent is able to be increased, it can take effect no sooner than six months after the commencement of the tenancy agreement and the date of the last increase.
When an existing fixed-term agreement is ending: A rent increase cannot take effect for the first 30 days of a new agreement (be it a periodic or fixed term). The min 60 days notice does not apply if a new fixed-term lease is signed, but the rent can't be increased in the first 30 days. Also note, the new signed lease agreement (renewal) acts as the notice so no separate rent increase notice needs to be provided to the tenant. This means that the tenant will continue to pay rent at the old rate for the first 30 days of the new agreement (be it a periodic or fixed term). This allows a tenant to move out before an increase takes effect if they are not happy with the new terms.
QLD
Periodic tenancy: 2 months notice Lease renewal: No notice required (just after the fixed term expiry). However, If no lease renewal is signed, 2 months notice is required and can only take effect at least 2 months after the commencement of the periodic agreement. Increases must be 6 months apart.
Changes to limit rent increase frequency to once every 12 months came into effect for all new and existing tenancies on 1 July 2023.
SA
60 days notice Increases must be 12 months apart
TAS
60 days notice Increases must be 12 months apart
NT
30 days notice
ACT
8 weeks notice
Revenue - ACT (Page 26) Can only increase once a year (and not in the first year)
It's also worth noting you can increase the rent as a mutual agreement at anytime if agreed in writing (for example an air conditioner was installed). You can action this inside the 'Lease' tab in your Cubbi dashboard and select 'Edit' .