WA_HS_Autumn 24 12p-web

Rent information sessions

We were delighted to kick off our 2024 rent information sessions in Spearwood this February. We were joined by our wonderful rent review team members Jan and Jackie who answered as many questions as they could about how we calculate rent and review rent.

Above: Housing choices resident Anton with Rent Review Officer Jan.

Above: Housing Choices staff Alex and Jackie (middle) with two local tenants.

Here are some of the questions we answered in our most recent rent information session.

What happens to my rent if people move in or out of my home? Your income is calculated based on the total income of all people over the age of 16 living in your home. Your rent is ‘income related’, so it may change if the people living in your home or the income of any household member changes. This means you need to let us know if anyone is planning on moving in or out of your home so we can do a rent review.

How is rent calculated? Your rent is calculated in line with the Community Housing Rent Setting policy set by the Department of Communities. We set rents based on your household income and assets to make sure your rent is affordable given what you earn. The percentage of household income you pay depends on your income. Very Low-Income Households pay 25% and Low-Income Households pay 30% of their assessable household income as rent.

What is market rent? Market Rent is the amount of rent you would pay for a property of similar size and location if you were renting privately. This figure comes from sources such as, but not limited to, the Australian Tax Office, REIWA and Landgate. We never charge you more than 74.99% of market rent so your rent will always be below the rent charged in the private market. The rent you pay will either be 25% or 30% of your net assessable household income or 74.99% of market rent – whichever is the lower amount.

100%

Base Rent

Total Rent

25% or 30% of your net assessable household income

Up to 74.99% of market rent (known as Housing Choices Maximum Rent)

of your Commonwealth Rent Assistance entitlement

10

Made with FlippingBook Ebook Creator