While 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. The rent
is usually advertised as a weekly rent. However, the contact might ask you
to pay it weekly, fortnightly, or monthly. The rent amount is based on the
suburb that you live in. Please check the
Sydney suburbs section of this
site.

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.

To get an apartment or a flat or even a house in Sydney, you can check
these two sites for online rental property:

Once you like a Sydney Apartment, call the real estate agent who will
handle the lease between you and the owner.

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.

1- 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.

2- 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?

3- 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?

4- 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.

5- 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.

6- Be honest on your application form. Be persistent and keep in regular
contact with the agent to find out how your application is progressing.

7- Understand your rights in the Sydney rental  market

8- If your application is accepted, do not sign anything until you have
checked the Tenancy Agreement contract.

9- Make sure you understand all its terms and conditions, especially about
what costs might be incurred if you break your agreement early.

10- 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

11- 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.

12- 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.

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