Costs

Prices correct as of 20 March 2026

Rents are index linked to the pension. Rents are calculated on 78% of the pension payment plus government rental assistance.
With each pension increase (March and September) rents will be recalculated to be at 78% and tenantswill be advised of the new amount.

Single Occupancy Per fortnight Per week
Base  Pension Payment    1,100.30   550.15
78% of pension =    858.23   429.11
plus govt. rental assistance    219.40    109.70
Cost of Rental $ 1,077.63 $ 538.81
Balance of pension   242.07     121.03
+ Pension supplement      86.50      43.25
+ Clean Energy Supplement       14.10         7.05
Amount Retained $ 342.66 $ 171.33

Rental payments can be direct debited or cash/cheque paid fortnightly in advance. It is a requirement that a minimum of 2 weeks notice of intention to vacate is given.

A bond of $500 is payable either prior to moving in or in installments as agreed to.

Please Note

Starting July 1 2026, all new leases entered into will use the revised pricing of 85%

Single Occupancy Per fortnight Per week
Base  Pension Payment    1,100.30   550.15
85% of pension =    935.26   467.63
plus govt. rental assistance    219.40    109.70
Cost of Rental $ 1,154.66 $ 577.33
Balance of pension   165.04     82.52
+ Pension supplement      86.50      43.25
+ Clean Energy Supplement       14.10         7.05
Amount Retained $ 265.64 $ 132.82

Rental payments can be direct debited or cash/cheque paid fortnightly in advance. It is a requirement that a minimum of 2 weeks notice of intention to vacate is given.

A bond of $500 is payable either prior to moving in or in installments as agreed to.