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Home > FAQs > Will my rent increase during my tenancy?

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Will my rent increase during my tenancy? - Essential Living
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Will my rent increase during my tenancy?

Your rent will not increase within the first 12 months of your tenancy. After the 12-month period has passed we may increase your rent on an annual basis using a formula based on the retail price index. This only applies to 2-year leases; any 12-month renewal is at market prices.

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