Rental Income Growth Rate
Generally, a rental growth rate between 2% and 7% is considered reasonable depending on how conservative you want to be.
If you know approximately how much your rent will increase per year, then you can use our calculator below to estimate your rental growth value.
A property investor wants to buy a unit in Frenchville, Queensland. The current rent $215 per week. In one years time, she intends increase the rent and charge $225 per week. Based on the calculator, her rental income growth rate is 4.65%.