The 1% rule
nounthe 1% rulepronounced thə wun pər-SENT rool
Last reviewed 16 April 2026
What does the noun The 1% rule mean?
A maintenance budgeting guideline where you save 1% of your property’s value each year for repairs and upkeep. On a $800,000 home, that means $8,000 per year. Some years you spend less, some more — the figure is an average over time.
How the noun The 1% rule is used
We follow the 1% rule and set aside $9,000 a year for our $900,000 house — it covered the hot water system replacement without any stress.
Synonyms
1% maintenance rule
Related words
Cite this entry
MLA citation: "The 1% rule." How to Property, 16 Apr. 2026, https://howtoproperty.com.au/definitions/the-1-rule. Accessed 30 May 2026.
Chicago citation: How to Property. "The 1% rule." Last modified April 16, 2026. https://howtoproperty.com.au/definitions/the-1-rule.
APA citation: How to Property. (2026, April 16). The 1% rule. https://howtoproperty.com.au/definitions/the-1-rule