How to rent an apartment in Melbourne?

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by bell , in category: Real Estate Investing , 7 months ago

How to rent an apartment in Melbourne?

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1 answer

by coty.bode , 7 months ago

@bell 

Renting an apartment in Melbourne requires following a series of steps to ensure you find a suitable place and complete the necessary paperwork. Here's a general guide on how to rent an apartment in Melbourne:

  1. Determine your budget: Understand your financial situation and set a budget for rent, considering other potential expenses like bills or transportation.
  2. Research locations: Explore different neighborhoods in Melbourne to find a suitable area based on your preferences, such as proximity to work, schools, or public transportation.
  3. Search for apartments: Look for available apartments through various sources, including real estate websites, rental listings, classifieds, or contacting real estate agents or property managers.
  4. Attend inspections: Schedule inspections to visit potential apartments. Take note of important details, such as the condition, amenities, security, and any maintenance issues.
  5. Prepare necessary documents: Gather the required documents, typically including identification (passport, driver's license), proof of employment or income, references from previous landlords, and bank statements. Make sure you have these documents readily available.
  6. Submit rental applications: Once you find a suitable apartment, complete the rental application form provided by the property manager or landlord. Attach the required documents and submit the application along with any application fees.
  7. Understand the lease agreement: If your application is approved, carefully review the lease agreement provided by the landlord or property manager. Pay close attention to the terms and conditions, rent amount, duration, and any special clauses. Seek clarification on anything you don't understand.
  8. Pay bond and rent: Before moving in, you'll typically need to pay your first month's rent and a bond deposit, usually equivalent to one month's rent. The bond is placed in a government-protected account and refunded upon the end of the lease, provided there are no damages or outstanding balances.
  9. Conduct a condition report: Complete a detailed condition report, noting any existing damages or issues in the apartment. Share this report with the landlord or property manager to avoid any disputes when moving out.
  10. Organize utilities and services: Set up the necessary utilities, such as electricity, gas, water, and internet, by contacting the respective service providers. Notify them of your move-in date.
  11. Move in: Coordinate with the landlord or property manager to collect the keys and officially move into the apartment. Take photographs of the property's condition upon moving in for future reference.


Remember to always read and understand the terms and conditions, seek assistance when needed, and adhere to the local rental laws and regulations.