Over the last few years I have met a lot of newcomers to Adelaide who find a long term rental and realise after they have signed the lease and settled in their first home that the rent being charged is excessive when comparing similar homes in the same area. Mostly they just pay it until their lease runs out and then another newcomer to Adelaide will take it thinking that is the going rate. The fear I suppose is that if you break your lease then you can end up paying it until it is re-leased which could take a while if there are other similar homes going for less. The OCBA (Office of Consumer and Business Affairs) -Residential Tenancy Act - have a clause in their Act about this. Here’s a link – do a search on “excessive rents” and you should find the right paragraph. http://www.legislation.sa.gov.au/LZ/...ct%201995.aspx
The way I read it – if you realise after you have signed the lease that you are in that category then you can register a complaint with the OCBA (Tenancy Tribunal).