A rent review should be a considered property decision rather than an automatic increase. The current rent, comparable evidence, property condition, renter history, vacancy risk and Victorian notice requirements all need to be assessed together.
Begin with comparable evidence
Review recently leased properties and current competing listings that are genuinely comparable in location, type, accommodation, condition and features. Differences should be acknowledged rather than ignored.
The result is usually a supported range, not one perfect number.
Consider the property and tenancy
- Current presentation, inclusions and unresolved maintenance
- Length and quality of the tenancy
- Local vacancy and competing supply
- Potential vacancy, advertising and reletting costs
- The timing of previous increases and the current rental agreement
Follow the current Victorian process
Victoria regulates the form, timing and frequency of rent increases. From 25 November 2025, the minimum notice period for a rent increase became 90 days. The current Consumer Affairs Victoria guidance and prescribed notice should be checked before action is taken.
Renters may ask Consumer Affairs Victoria to investigate an increase they believe is above the market range.
Make the recommendation explainable
D&J records the evidence and explains the recommended position so the rental provider understands the income opportunity and the practical risks. A strong review protects long-term performance rather than chasing a headline figure in isolation.