Realestate Rentals Perth

For those who don’t have access to the Internet, look out in Metropolitan newspapers, local or suburban papers, magazines on real estate business, agents dealing in real estate’s, sign boards stating, ‘ for sale’, friends and neighbors.

Do it yourself

Take a drive in the areas where you would like to rent the property, write down the details of the property and also about the agent’s detail and then follow up the details.

To know from them

To track down the details, contact the buyer’s agents, who are licensed real estate agencies, which search for suitable properties for individuals. The better option would be to give a copy of the wish list which states your Ideal price range, the lot size in square kms and if it is a housing plot then the number of bedrooms, number of rooms, number of bathrooms, age of property, garage, type of property, floor area, style of property, locality and other details. The more number of real estate agents you are in contact with the bigger will be the market access.

So, what you have to spend

The tenant has to spend on Initial set-up costs, the periodical rents and then the on-going expenses. Prepare a budget and allocate money for all expenses, making provisions for unexpected expenses. Initial costs include, the security deposit, rent paid in advance, costs in furniture shifting if any and other expenditure involved in taking gas, telephone or electricity connection. All other expenses like buying beds, table and chairs, fridge, curtains etc., kitchen utensils can be reduced if the tenant rents them on hire charge basis for a fixed period.

The different types of rental houses in Perth are:

Rent a property: Business groups or individuals own these real estate properties. This is most suited for those who don’t own property and are ineligible for public housing. Sharing room with another on a share the rent basis and also sub-letting the rented property is allowed here.

Co-renting: Renting a room in private homes and lodgings often with a family for a small rent is co-renting. Such lodgers do not get the privileges of other types of tenants, as they do not come under any of the state laws covering residential tenancy.

Campus residential: These are for students, and are situated both in and off campus. They offer relatively cheap rent and other added amenities, which facilitate the stay of the students. Students can contact the respective university’s student housing officer on campus for information on rentals in campus.

Public Housing: government allots these housings and community organizations to for low to medium income people. The demands for such houses are great.

Be sure that these are there

Accessibility to work place, public transport, family/friends nearby, shopping facilities, medical facilities and educational facilities like school and college accessibility would be on the wish list of most of the tenants. Most of the tenants look out for low noise areas, with parks or beaches or libraries nearby, which would add value to the property.

To know before you start

Inspection of the property before the deal is finalized is compulsory, so that you can know the exact condition of the property.

Take the magnifier

Check the condition of the floor, interior furniture, walls and ceiling, the electrical appliances and the sewer drains and drainage system in the property.

Check the fences and gates and all other outside accessories to check for any repairs or maintenance. If not satisfied go for professional assistance.

All set, are you ready

Once you have found your property, the next step is to fill an application form that should contain:

Tenants name, current address and phone number, current employment, current employer, monthly income and two or more referees. When the tenant applies for rent, a sum is retrieved from them as application deposit, which is prevalent only in some states of Australia. In such case be sure that the receipt is received and this deposit is refundable once the landlord has decided to give the property on rent.

What’s more

Put your sign on the agreement

The proposed tenant must sign a lease deed or agreement before moving into the property. This document should contain:

The rental property address, amount to be paid as bond, the rent and the frequency of payments, commencement date of the agreement, duration of the deal and the landowners name and address.

What is that the tenant is entitled to

After signing on the lease agreement, the tenant is entitled to a copy of the agreement and he/she has the responsibility to make sure that it is received within one month after the signing.

Before shifting.

The tenant has to pay a sum as bond to the landlord or agent as security against any substantial damage that may be caused to the house during the rental period or to cover the rent amount, which owes at the end of the lease. This deposit is otherwise called as security deposit.

Where to account the bond

The bond is deposited into an approved trust account. From this account, the money would be accessible only at the end of the tenancy period, at which time the tenant is entitled to get full or partial refund of the money.

Where to go, in trouble.

If the tenant feels that the landlord is charging him extra, consult the state department of consumer affairs or housing. They can fine the landlord if found guilty.

After receiving the security deposit from the tenant, the landlord must issue a receipt to the tenant, which must be

» Signed by the person who receives the security deposit

» Clearly stated that it is the receipt for a amount received as bond

» The money due

» the trust account must be identified and stated in which the money is being deposited

» When to pay

» The tenant

» Details of the property which is being rented out

In advance

When the tenant has signed the lease agreement and given the bond money, he/she has to pay some amount as rent in advance.

A rent in advance must be

» Signed by the person collecting the money

» Stating that it is a receipt for rent

» Actual payment

» Duration of payment

» Payment date

» State the tenant's address

» Locate the rented property

Landlord’s better keep this.

This inspection report given by the landlord to the tenant states the condition of the property at the commencement of the tenancy. After filling the condition report, sign it and return it back to the landlord/agent. The landlord will then give a copy of the final report, which will be signed by him/her.

What the law says.

Be sure that the tenant receives the rent receipt from the landowner. The landowner is bound to give due notice in advance before he increases the rent. According to the act governing rents, it is said that a 60 days written notice of the rent increase must be served. The law in Australia provides that there must be no rent increase during the first year of tenancy and henceforth it can be increased only once a year.

If there is maintenance, what to do

If there are repairs to be done, contact the landlord/agent (preferably in writing) and arrange a time for these repairs to be conducted. Its duty of the owner to do the entire urgent repair works. Tenants can wait till the owner does the necessary repairs himself and if it is not done the tenant can contact a representative from the state department of consumer affairs or housing and seek their advice.

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