Tips for Tenants
Below are some general tips and information relevant to finding and renting a property. If you have any further questions, please do not hesitate to contact the Property Management Team on 0499 655 645.
Finding a Rental Property
When you are looking for a property make sure you do your own research to know what you can get for your money. Similar properties can be priced differently so it is important to get a feel for what a good price is.
Use the real estate websites to your advantage and register yourself for their automatic email updates. It is simple, it is free and it works!
Make yourself known to property managers and leasing consultants. It is their job to match tenants to properties, so the more they know about what you are looking for, the more likely they will be able to help you.
Avoid missing open-for-inspections as Melbourne’s rental market is currently still strong and it is common for properties to be leased after the first viewing.
It is important to arrive on time for both private appointments and open-for-inspections as most agents manage their own time well and book consecutive appointments. This means that arriving late eats in to your own time for viewing the property.
Renting a Property
Only apply for a property if you are 100% sure that you want it. Landlords will avoid taking risks on tenants who have applied for multiple properties. Also, ensure that your application is completed in full and that your references are available to avoid any delays in your application’s processing.
Once your application is processed and accepted, it is in your best interest to sign the lease and pay your bond and rent monies as soon as you can. This secures the property for you and prevents dodgy rental agents and landlords offering the property to applicants who have offered more money for the property. Such practice is unethical, but it does happen.
Once you move into the property, take time to read and complete the condition report. A good property manager will provide a detailed up-to-date condition report complete with photos. Return it to your property manager in the specified time as the condition report helps protect your bond at the end of your tenancy.