Advantages of Renting in Australia
||You can choose who you want to share accommodation with, where you live and can easily move at the end of the lease without major cost.
||Accommodation in your preferred location (proximity to school, work, etc).
|Rights As Tenants
||You have rights and protections guaranteed to you by a tenancy agreement and the advice and protection of your state’s Tenancy Board.
|Cost Free Maintenance
||You are not responsible for repairs to the property that you didn’t cause
Disadvantages of Renting in Australia
||Not suitable for shorter time periods. Leases of less than 6 months are almost impossible to find.
|High Initial Cost
||You need to pay four weeks bond plus 2-4 weeks rent in advance, just to secure the property.
||Renting and signing leases is a complex and lengthy task. As a tenant you will need to have a good understanding of English to navigate all the forms.
|Shortage of Rental Properties
||Suitable rental properties can be hard to find from time to time so competition can be fierce.
|High Cost of Rent
||Depending on the market and the supply of rental properties at the time the price to rent a property can be substantial and account for more than half a weekly wage.
||The amount of the lease generally does not include energy consumption (electricity, water, gas)
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