CPI Rent Review Calculator

Your exact rent increase, in seconds.

Run a commercial lease CPI rent review on real ABS index numbers. Pick your series, set your review period, apply any cap or floor, and read the dollar and percentage breakdown.

  • Real ABS data. Sydney and Australia All Groups CPI, Q1 2020 to Q1 2026, sourced from Cat 6401.0.

  • Cap and floor controls. Clamp the result to your lease wording in one tick.

  • Full breakdown. New rent, dollar increase, percentage, weekly and monthly.

How a CPI review works

Index in, rent out.

A CPI rent review adjusts your commercial lease rent by inflation, not negotiation. The landlord compares the ABS index at two lease-specified dates and applies the change. Get the series or the quarters wrong and the review is invalid.

Pick the right series

Sydney All Groups and Australia All Groups each produce a different number. Using the wrong ABS series is the most common error landlords make. Your lease names the one that applies.

Match the quarters

CPI is published quarterly. The from and to dates in the calculation must match the dates in your lease review clause. The tool maps your month to the right ABS quarter.

Apply caps and collars

Most leases include a cap (maximum increase) or floor (minimum increase). These must be applied correctly or the review will not hold. Tick the box and the calculator clamps the result.

The calculator

Your exact CPI rent increase.

Enter your current rent and lease dates. The calculator uses ABS-published CPI index numbers to compute the exact adjustment, with optional cap and floor controls.

Review type
Step 1: Current annual rent
$
Step 2: CPI index series
Step 3: Review period

Select the "from" and "to" dates as defined in your lease review clause.

From date

To date

Step 4: Cap (optional)
%
Step 5: Floor (optional)
%

This calculator provides an estimate based on ABS CPI data. Always review your lease agreement and consult a licensed property professional before issuing a rent review notice.

New annual rent

per annum (ex. GST)

Applied CPI increase

applied to rent

From index:
·
To index:
·
Raw CPI change:
·
Series: Sydney
Cap applied

Current rent

per annum

Dollar increase

per annum

New weekly

per week

New monthly

per month

Review period

from → to

CPI series

ABS Cat 6401.0

This calculation is indicative only. Always verify the CPI index dates against the specific wording in your lease. Blox Commercial accepts no liability for reliance on this tool without professional confirmation.

What landlords need to check

  • Check your lease clause first. CPI, fixed percentage, and market review each have different rules and notice requirements.
  • Know your cap and floor. Many commercial leases cap annual CPI increases at 4 or 5 percent. The calculator above handles caps if you tick the box.
  • Serve written notice in the right window. Most leases require 30 to 60 days written notice before the review date. Miss it and you lose this cycle's increase.
  • Confirm the ABS index your lease specifies. Sydney All Groups, Australia All Groups, and Capital City Weighted Average each produce different numbers. The wrong series invalidates the review.
  • Retail leases follow the Retail Leases Act 1994 NSW. Section 18 restricts the frequency and structure of retail rent reviews. Commercial (office, industrial) leases are not bound by the Act.
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Want us to verify this review for you?

Send your results to Blox and we will confirm the calculation against your lease and handle the formal notice.

Message sent. Blox will be in touch. For immediate help, call (02) 8883 4559.

Data transparency

The CPI data this tool runs on.

The calculator uses ABS-published quarterly index numbers. Last 12 quarters shown below, updated when the ABS releases new data.

Sydney All GroupsAustralia All Groups
QuarterPeriodSydney indexAustralia index
Methodology. Each result divides the ABS index for your "to" quarter by the index for your "from" quarter, then applies that ratio to your current rent. Any cap or floor you set clamps the applied percentage. Source: ABS Consumer Price Index, Cat 6401.0, All Groups, weighted average of eight capital cities (Australia) and Sydney. Rebased reference period 2023 to 2024.

Questions, answered

CPI rent review FAQ.

The questions commercial landlords and tenants ask most when a CPI review comes due.

What is a CPI rent review?
A CPI (Consumer Price Index) rent review adjusts commercial lease rent based on inflation measured by the Australian Bureau of Statistics. Instead of negotiating a market rent review, the lease rent increases automatically by the CPI percentage change between two specified quarters.
How do I calculate a CPI rent increase for a commercial lease?
To calculate a CPI rent increase: (1) Find the CPI index for your 'from' quarter, (2) Find the CPI index for your 'to' quarter, (3) Divide 'to' by 'from' to get the multiplier, (4) Multiply your current rent by this number. Our calculator does this automatically using official ABS data.
How do I calculate a CPI rent increase for a commercial lease in NSW?
Divide the ABS CPI index number for the current quarter by the CPI for the same quarter in the previous review year. Multiply your current rent by this figure. The result is the new annual rent. Check your lease for any cap or floor on the increase.
Which CPI index applies to a NSW commercial lease?
Check your lease wording. Most NSW commercial leases specify either Sydney All Groups CPI or National All Groups CPI. If the lease is silent, seek legal advice on the applicable index.
Can a commercial landlord increase rent by more than CPI?
Only if the lease permits it. A fixed increase of say 4% per year overrides CPI. A CPI-linked review uses the official index regardless of actual inflation. Market rent reviews are separate and go to a valuer if the parties cannot agree.

Let's talk

A managed review beats a missed one.

Every rent review, every increase, calendared and served on time. Tell us about your lease and Blox will run the next review for you.

(02) 8883 4559

Blox Commercial Real Estate Pty Ltd. ABN 20 633 280 109. NSW Licence 1013554.

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