New legislation will come into effect from 1 July 2023 which will limit rent increases to once every 12 months.
These changes will apply to all new and existing general tenancies and rooming accommodation agreements.
Any rent increase which is due to commence after 1 July 2023, will be valid only if there has been at least 12 months since the previous rent increase.
Any rent increase clauses written into a tenancy or rooming agreement will not apply if there has been a previous rent increase in the previous 12 months.
The frequency of rent increase applies for the duration of a tenancy if at least one tenant or resident continues to occupy the rental property, even if there is a change of property owner or real estate agent.
The new legislation does not provide for a limit to any rent increase, but it can be disputed if it is considered excessive
For further information on these changes, contact Tenants Queensland 1300 744 263