Rental Guide
Melbourne Rental Guide
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Tenants
Are your looking renting in Melbourne? We can assist you in the step-by-step process:
- Your housing needs (house, townhouse, apartment)
- Suitable timing to move in and availability (agent will work with you to find your new home)
- The market and pricing (agent will search for properties based on your search criteria and budget)
- Viewing the property (can be based on your availability)
- Additional specific of you to move in (organise with Owner Corporation, time of lease, pats)
- The application process and approval from landlord (proof of sufficient income to satisfactory cover the monthly rent)
- Sufficient funding for complete Deposit Bond and one month of rent
Types of Rental Properties: Apartments – more what is apartment
- An apartment is a single living space among other within a building
- Buildings may have shared facility (such as pool, gym, conference room, BBQ area, parking) which provides more effective leaving and less maintenance
- Buildings can have mix use (residential apartments – long term stay, service apartments – short term stay, commercial-retail areas) which increases community connection in area
- The quality of the services and the security of building are kept at high standards – managed by Owners Corporation
- Each Owner Corporation has its own rules which need to be respected by tenants
Townhouses – more what is townhouse
- The townhouses are detached homes that are attached in a multi-unit complex.
- They often have small yards that belong to each home which is usually fenced
- Tenants are only responsible for their own area of yard for mowing and maintenance
- They have larger common areas such as walkways, designated parking space or garages
- They may have feature amenities such as pool, BBQ area or other recreation areas.
- There is no common hallway or elevators, why they have more privacy and they are more quieter then apartments
- They may or may not have Owners Corporation
Private homes – more what is single family homes
- They are unattached houses with a yard, a garage, a private garden or a swimming pool
- Tenant is responsible for all maintenance of the property
- They don’t have upstairs and downstairs neighbours, no shared walls or floors, giving reasonable expectation of privacy
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Landlords
https://www.ato.gov.au/Forms/Rental-properties-2016/
Why you should use Property manager to rent your property:
- Maximum return on your investment – market knowledge
- Understanding of relevant legislation and law
- For landlord is peace of mind
- Negotiation of rent and leasing agreements
- Attending maintenance issues
- Completing open, routine and final inspections
- Resolve all other problems
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