Renting Apartments in Sydney followsthe supply and demand |
Renting Apartments in Sydney Australia you need to consider the two categories of apartment
renting: furnished and unfurnished Sydney Apartments.
People who plan to live in Sydney for long usually opt for the unfurnished Sydney
apartments. The leases on these apartments are usually for a minimum of 6 months. You can
ask for a lease of 1 year if you wish. This guarantees that the owner will not kick you out of
the place should s/he wishes to lease it to someone else which happens often. The cheapest
rent we came across was A$100. This will be in a low end suburb.
In unfurnished Sydney apartments, you have to pay the electricity and water bills yourself.
There is a bond that you have to pay for the Sydney Water and Electricity. . You also need to
pay 4 weeks bond for any rental property. This Sydney Apartment rental bond stays with an
independent entity and is released when you vacate the property and return it back clean,
neat and unharmed!
To understand your rights, obligations and the process to rent an apartment in Sydney as a
tenant from an owner, Click here for details.
Sydney Furnished apartments are more suited for short term stays and can be rented on
weekly basis. The rent ranges from A$200 to A$2000 per week. This usually covers the
Electricity bill, but you'd better check. Here is example for a furnished Sydney Apartment.
To get an apartment or a flat or even a house in Sydney, you can check these two sites for
online rental property:
www.realestate.com.au
www.domain.com.au
Once you like a Sydney Apartment, call the real estate agent who will handle the lease
between you and the owner. Here is another example of a Sydney apartment for rent.
Apartment and flat owners in Sydney Australia advertise their property for rent in newspapers
and at real estate offices mainly. The real estate agents will assist you find, inspect and
decide on a suitable house or a flat to rent.
You may need to supply some paper work before you can rent a property. You will be required
to pay rent in advance. Couple of weeks is the norm.
The first payment will include a bond that is refundable at the end of the rental. The lease
contract is a legal contract. If you have, doubts or concerns about a lease seek legal advice
before signing the contract.
The Sydney property rental market has been extremely tight for the past year. Housing
shortages have made it increasingly difficult to get good deals on rent in Sydney.
Sydney renters have been prepared to offer 20 per cent above the asking rental to secure a
quality property in a prime locations.
You need to be well prepared when you set out on your property search. The competition to
secure the rental property of your choice might be hard. Some areas of Sydney are more
popular than other and there may be no second chance for a first impression.
So be organised before you even begin your search. Here are some tips to help you find the
Sydney property for Rent.
Set your budget
Make sure you are very clear about how much you can afford to pay. Your rent shouldn’t
consume more than one third of your weekly income – if you earn $900 a week, your rent
should not be higher than $300 per week.
Consider the location
Do you want to be within walking or cycling distance of shops, the beach, nightclubs, your
friends? Not having a car with save you money that can go towards your rent. How much can
you save on travel costs if you live close to work?
Make a checklist
Will you share with others or do you need privacy?
Does it have a large off-peak hot water system ?
Do you really need a garage?
Are there sufficient power points in each room and working light fittings.
\What size property do you need? Are there smoke detectors?
Is there a laundry with washer and dryer (or space for them)
Check security devices such as locks or bars on windows and doors
Is there a phone line and high speed internet connection
View the property
You need supporting reference documents prepared before you view a property. These
documents include: your driver's license or passport, copies of your latest pay slips and bank
statement, a letter of recommendation from your employer, references from previous
landlords or property agents and rent receipts, electricity or phone accounts in your name
from previous addresses, character references.
Be on time to meet the property agent. Be well groomed to make a good impression. If you
plan to share the property with friends or family, make sure they visit the property with you.
Be prepared to make a quick decision about a property and fill in an application on the spot.
Be honest on your application form. Be persistent and keep in regular contact with the agent
to find out how your application is progressing.
Understand your rights in the Sydney rental market
If your application is accepted, do not sign anything until you have checked the Tenancy
Agreement contract.
Make sure you understand all its terms and conditions, especially about what costs might be
incurred if you break your agreement early.
You can visit the Office of Fair Trading website to download information on Tenant’s Rights
and Bonds. You will generally have to pay your rent in advance and provide a bond of around
4 week’s rent in Sydney
This will be lodged with the Rental Bonds office in your state and will be refunded when you
leave unless there is damage to the property or monies outstanding.
Don’t forget to Inspect the property thoroughly
Keep a record of any conversations you have with your real estate property management
agent – dates and a brief outline of what was discussed. This can help in any future dispute
or misunderstanding.
Before you move into the property, do an entry inspection with your landlord. Take a camera
with you on this inspection. Keep a copy of these photos and the completed Inventory and
Condition Report to check against on your departure.
Return to the Home page from renting apartments in Sydney page
renting: furnished and unfurnished Sydney Apartments.
People who plan to live in Sydney for long usually opt for the unfurnished Sydney
apartments. The leases on these apartments are usually for a minimum of 6 months. You can
ask for a lease of 1 year if you wish. This guarantees that the owner will not kick you out of
the place should s/he wishes to lease it to someone else which happens often. The cheapest
rent we came across was A$100. This will be in a low end suburb.
In unfurnished Sydney apartments, you have to pay the electricity and water bills yourself.
There is a bond that you have to pay for the Sydney Water and Electricity. . You also need to
pay 4 weeks bond for any rental property. This Sydney Apartment rental bond stays with an
independent entity and is released when you vacate the property and return it back clean,
neat and unharmed!
To understand your rights, obligations and the process to rent an apartment in Sydney as a
tenant from an owner, Click here for details.
Sydney Furnished apartments are more suited for short term stays and can be rented on
weekly basis. The rent ranges from A$200 to A$2000 per week. This usually covers the
Electricity bill, but you'd better check. Here is example for a furnished Sydney Apartment.
To get an apartment or a flat or even a house in Sydney, you can check these two sites for
online rental property:
www.realestate.com.au
www.domain.com.au
Once you like a Sydney Apartment, call the real estate agent who will handle the lease
between you and the owner. Here is another example of a Sydney apartment for rent.
Apartment and flat owners in Sydney Australia advertise their property for rent in newspapers
and at real estate offices mainly. The real estate agents will assist you find, inspect and
decide on a suitable house or a flat to rent.
You may need to supply some paper work before you can rent a property. You will be required
to pay rent in advance. Couple of weeks is the norm.
The first payment will include a bond that is refundable at the end of the rental. The lease
contract is a legal contract. If you have, doubts or concerns about a lease seek legal advice
before signing the contract.
The Sydney property rental market has been extremely tight for the past year. Housing
shortages have made it increasingly difficult to get good deals on rent in Sydney.
Sydney renters have been prepared to offer 20 per cent above the asking rental to secure a
quality property in a prime locations.
You need to be well prepared when you set out on your property search. The competition to
secure the rental property of your choice might be hard. Some areas of Sydney are more
popular than other and there may be no second chance for a first impression.
So be organised before you even begin your search. Here are some tips to help you find the
Sydney property for Rent.
Set your budget
Make sure you are very clear about how much you can afford to pay. Your rent shouldn’t
consume more than one third of your weekly income – if you earn $900 a week, your rent
should not be higher than $300 per week.
Consider the location
Do you want to be within walking or cycling distance of shops, the beach, nightclubs, your
friends? Not having a car with save you money that can go towards your rent. How much can
you save on travel costs if you live close to work?
Make a checklist
Will you share with others or do you need privacy?
Does it have a large off-peak hot water system ?
Do you really need a garage?
Are there sufficient power points in each room and working light fittings.
\What size property do you need? Are there smoke detectors?
Is there a laundry with washer and dryer (or space for them)
Check security devices such as locks or bars on windows and doors
Is there a phone line and high speed internet connection
View the property
You need supporting reference documents prepared before you view a property. These
documents include: your driver's license or passport, copies of your latest pay slips and bank
statement, a letter of recommendation from your employer, references from previous
landlords or property agents and rent receipts, electricity or phone accounts in your name
from previous addresses, character references.
Be on time to meet the property agent. Be well groomed to make a good impression. If you
plan to share the property with friends or family, make sure they visit the property with you.
Be prepared to make a quick decision about a property and fill in an application on the spot.
Be honest on your application form. Be persistent and keep in regular contact with the agent
to find out how your application is progressing.
Understand your rights in the Sydney rental market
If your application is accepted, do not sign anything until you have checked the Tenancy
Agreement contract.
Make sure you understand all its terms and conditions, especially about what costs might be
incurred if you break your agreement early.
You can visit the Office of Fair Trading website to download information on Tenant’s Rights
and Bonds. You will generally have to pay your rent in advance and provide a bond of around
4 week’s rent in Sydney
This will be lodged with the Rental Bonds office in your state and will be refunded when you
leave unless there is damage to the property or monies outstanding.
Don’t forget to Inspect the property thoroughly
Keep a record of any conversations you have with your real estate property management
agent – dates and a brief outline of what was discussed. This can help in any future dispute
or misunderstanding.
Before you move into the property, do an entry inspection with your landlord. Take a camera
with you on this inspection. Keep a copy of these photos and the completed Inventory and
Condition Report to check against on your departure.
Return to the Home page from renting apartments in Sydney page
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