Renting in Australia - Pros & Cons

Most rental accommodation in Australia is rented through a Real Estate Agency!
A Real Estate Agency does not own the property but acts on behalf of the owner by employing a manager of the property, called a Property Manager, to organise the new tenants, ensure all the paperwork and legal documents are taken care of, arrange regular property inspections and organise for any problems with the property to be fixed.

Advantages of Renting in Australia

Flexibility 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.
Right Location 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

Short Stays 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.
Complex Task 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.
Extra Costs The amount of the lease generally does not include energy consumption (electricity, water, gas)
1 Comment
  1. Toni Weedy 6 years ago

    Hi all. Rents are cheap in WA and should remain so until 2019. As I’m a tenacy advocate here in Perth I’m happy to answer questions or queries you might have. Cheers

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