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.
|Number of pages||8|
|Journal||International Journal for Housing Science and Its Applications|
|Publication status||Published - 1 Jan 1995|
ASJC Scopus subject areas
- Building and Construction
- Mechanical Engineering