I just did some napkin maths for my previous place. The rent has increased 28-33% over a decade (I think 33%, but I’m not 100% sure i remember the correct rent from when i moved in). Inner west Sydney, location with good public transport access. Knowing that they have the same dodgy cunt property manager and real estate, I can just about guarantee almost no work has been done to justify a rent increase at all.
I just did some napkin maths for my previous place. The rent has increased 28-33% over a decade (I think 33%, but I’m not 100% sure i remember the correct rent from when i moved in). Inner west Sydney, location with good public transport access. Knowing that they have the same dodgy cunt property manager and real estate, I can just about guarantee almost no work has been done to justify a rent increase at all.