House rent model, a case study in Townsville of Australia

Heng Li, Vera Li

Research output: Journal article publicationJournal articleAcademic researchpeer-review

Abstract

This paper analyses major factors effecting house rental levels in Townsville, and then proposes a house rent model which can be used to assess the rental price of a particular house or predict the rental change with the variation of inflation rate. The accuracy of the rent model is evaluated upon a number of house examples collected from three suburbs in Townsville. The rent model can be used to resolve disputes between landlords and tenants and to predict rental changes in coming years.
Original languageEnglish
Pages (from-to)135-142
Number of pages8
JournalInternational Journal for Housing Science and Its Applications
Volume19
Issue number2
Publication statusPublished - 1 Jan 1995
Externally publishedYes

ASJC Scopus subject areas

  • Architecture
  • Building and Construction
  • Mechanical Engineering
  • Marketing

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