The ATO has updated its benchmark market value rents with effect from 1 July 2019
Both the Transitional and the Detailed benchmarks have changed.
The Transitional benchmarks have decreased substantially.
If you are using the benchmarks, it is important that you review your rent setting policy in light of the changes.
CHIA WA’s Rent Calculator has been updated to include the new benchmarks and can be downloaded from the Resources section of our website.
CHIA WA Members can also download an updated ATO Benchmarks Factsheet from the Resources section of our website.
The Factsheet includes graphs giving an easy comparison between the Transitional and Detailed benchmarks by region.
If you have any questions, please don’t hesitate to contact
Jennie Vartan 0409 889 437