Fairfield Housing Co-operative agrees 1.9 per cent rent increase
The board of Fairfield Housing Co-operative has approved a 1.9 per cent increase to rents from April 1st following an extensive consultation with tenants.
The consultation, which saw Fairfield use text messaging, feedback forms and e-mail survey links, resulted in 76 per cent of those responding say that the proposed increase was fair.
Almost a quarter of respondent (24 per cent) felt that they would pay a lower increase if some services/investment were reduced.
The board agreed that Fairfield’s continued growth and extensive reinvestment in homes should be a priority and this should be adequately funded.
Grant Ager, chief executive at Fairfield Housing Co-operative, said “Fairfield’s tenants understand what we are trying to achieve and this consultation again reinforces that. Compared to other Perth landlords it’s not the highest increase but not the lowest either. Crucially, it is in our tenants’ opinion fair.”