The Tenants' Union has released the latest version of their online tool to help tenants understand rent prices in NSW. The tool uses data released by NSW Fair Trading each month from the Rental Bond Board.
Using the Rent Tracker Postcode Tool, you can check what the latest rent prices are for different property sizes and types in any postcode in NSW. Results will show how many bonds have been lodged in the previous 3 months and what the weekly rent range was based on how many bedrooms and dwelling type.
The tool can help you work out how much you might save or lose if you move to a different area. It could also help you to find out if the rent you are being offered is reasonable.