How much rent would you increase ?

Hi members,

My new tenant moved in on 1st Oct. They are requesting that I install another split system aircon in the third bedroom [currently, there are aircons in the lounge and two other bedrooms].

Installation cost is $2300. Property manager is suggesting a $5/week, but I am thinking of $10-$20/week increase.

What is considered reasonable increase in this case ? How much rent would you increase given this request ?

 

Rent is $400/week now at Ringwood.

 

Is it necessary to have an split system in every bedroom? It is Victoria not Darwin.
In addition to the install costs - have you factored in the additional appliance charge when completing the mandatory safety checks every two years?

 

3rd bedroom is facing west so it gets hot in summer. New tenant has teenage kids who want aircon rooms.

 

As an option there are small portable evaporative coolers that cost around $250-$300 and cheap to run. If you don't want to install a split system and they don't want to pay an extra $10-15pw you should suggest this as an option for them to purchase and take with them when they leave.

 

Would fan installation help?

 

It's literally been a few days
Alarm bells toll very near by
It is as inspected, they want AC for a teenager........
Then they can pay for it and make good the repairs when they take it with then at end of lease or leave it !
Ok, so $15-20pw increase
Goes to show just how little attention people pay to the details when they inspect a place
Or they would & should have negotiated this in prior to signing lease and moving in
More fool them, ask what they propose, or go in hard and negotiate back, you hold tbe cards (lease) currently

 

Can the rent be increased? Do the new rules allow for this increase? Or can you only increase the rent in 12mths time - ie once per year?

As a parent - if my teenager wanted aircon in their bedroom I know what I would be saying.

 

Absolutely yes, it isn't a rental income increase, it's a renegotiation for additional services/amenities

Open your door so the cool air from the other AC units can circulate???
Clean your room whilst there

 

I always consider market conditions before I decide to increase or decrease rent

 

Have you agreed to install a split system a/c? If so, why?

They rented the property as is... I would increase it $20-30/week. If they say push back, then no a/c, simple.

 

I agree with @pwnitat0r. Your PM should be competent enough to shut your tenant. This should not be a topic for discussion really in the first week of the tenancy if no expectation has been set before them signing the tenancy.

 

they signed the lease knowing whats included and whats not. currently rental market in most places in Australia favour landlord, so I would be asking for a reasonable rent increase say $20/week.

 

Just also remember you cannot increase rent in first 6 months of the tenancy. May be differ installation until end of 6 or 12 months given that the tenants signed up for after knowing what is available in the property.

 

I am looking for such competent PM in Brisbane.

 

Will PM you.

 

They moved in days ago and are already requesting something costing thousands, without proving they will be reasonable renters? I'm also surprised at $400pw in Ringwood for something with 3 bedrooms, but that's another story.

If you're keen to do it, then go ahead. I would do a minimum of $10pw and sign a new lease.