Renting Upfront Costs

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.

Renting Upfront Costs

Initial upfront costs will be your Bond PLUS two weeks rent. Rent is paid in advance, more commonly every two weeks, but it can be four weeks in some circumstances. If your rent is $400 per week, your initial upfront costs will likely be $1600 (Bond) plus two weeks rent in advance of $800. That’s $2400 just to secure the house!

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