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Rental Properties

Overview of renting apartments, houses, and shared accommodations, including tips on securing a lease and understanding tenancy laws.

Sections

1. Overview of Rental Costs in Perth

Rental prices in Perth vary depending on the type of property, location, and proximity to amenities. As of 2023, the rental market in Perth has been competitive due to high demand and limited supply. Hereโ€™s a general breakdown of rental costs:

  • Apartments/Units:
    • 1-bedroom: AUD 400โ€“550 per week
    • 2-bedroom: AUD 500โ€“700 per week
  • Houses:
    • 2-bedroom: AUD 500โ€“700 per week
    • 3-bedroom: AUD 600โ€“900 per week
    • 4-bedroom: AUD 800โ€“1,200+ per week
  • Shared Accommodation:
    • Renting a room in a shared house: AUD 150โ€“300 per week

Keep in mind that rental prices are higher in central areas like Perth CBD and affluent suburbs, while outer suburbs tend to be more affordable.


2. Types of Housing Available

Perth offers a variety of housing options to suit different needs and budgets:

  • Apartments/Units: Common in the city center and inner suburbs, ideal for singles or couples.
  • Townhouses: A middle ground between apartments and houses, often found in suburban areas.
  • Detached Houses: Popular in family-friendly suburbs, offering more space and often a backyard.
  • Shared Housing: Renting a room in a shared house is a cost-effective option for students or young professionals.
  • Furnished vs. Unfurnished: Most rental properties in Perth are unfurnished, so you may need to budget for furniture and appliances.

3. The Process for Renting a Property

Renting a property in Perth involves several steps. Hereโ€™s a step-by-step guide:

Step 1: Research and Shortlist Properties

  • Use online platforms like realestate.com.au, Domain, or Rent.com.au to browse available properties.
  • Attend open inspections to view properties in person. These are typically scheduled by the property manager or landlord.

Step 2: Submit a Rental Application

  • If you find a property you like, youโ€™ll need to submit a rental application. This usually includes:
    • A completed application form (often available online or from the property manager).
    • Proof of identity (e.g., passport, driverโ€™s license).
    • Proof of income (e.g., payslips, employment contract, or bank statements).
    • Rental history (e.g., references from previous landlords or property managers).
    • Personal references (if youโ€™re a first-time renter).

Step 3: Pay the Holding Deposit

  • If your application is approved, you may be asked to pay a holding deposit (usually equivalent to one weekโ€™s rent) to secure the property.

Step 4: Sign the Lease Agreement

  • Review the lease agreement carefully before signing. Key details include:
    • Lease term (typically 6 or 12 months).
    • Rent amount and payment frequency.
    • Maintenance responsibilities.
    • Rules regarding pets, smoking, etc.

Step 5: Pay the Bond and Rent in Advance

  • Youโ€™ll need to pay a rental bond (usually 4 weeksโ€™ rent) and 2 weeksโ€™ rent in advance. The bond is held by the Bond Administrator (a government body) and is refundable at the end of the lease if thereโ€™s no damage or unpaid rent.

Step 6: Conduct a Property Condition Report

  • Before moving in, youโ€™ll receive a Property Condition Report. Inspect the property thoroughly and note any existing damage or issues. Return the signed report to the property manager within the specified timeframe.

4. Key Considerations for Tenants

  • Lease Terms: Most leases are fixed-term (6 or 12 months), but periodic leases (month-to-month) are also available.
  • Bond Refunds: Ensure the property is clean and in good condition when you move out to receive your bond back in full.
  • Utilities: Check whether utilities (electricity, gas, water) are included in the rent or need to be arranged separately.
  • Pets: Many landlords have restrictions on pets, so confirm this before signing the lease.
  • Tenant Rights: Familiarize yourself with your rights and responsibilities under the Residential Tenancies Act 1987 (WA). The Department of Mines, Industry Regulation and Safety (DMIRS) provides resources for tenants.

Perth is a sprawling city with diverse suburbs catering to various lifestyles. Here are some recommendations:

For Professionals and Singles:

  • Perth CBD: Close to offices, nightlife, and public transport.
  • Northbridge: Vibrant area with restaurants, bars, and cultural attractions.
  • Subiaco: Trendy suburb with boutique shops, cafes, and excellent public transport.

For Families:

  • Floreat: Family-friendly with parks, good schools, and a relaxed vibe.
  • Cottesloe: Coastal suburb with beautiful beaches and a strong community feel.
  • Joondalup: Affordable housing, schools, and amenities in the northern suburbs.

For Students:

  • Crawley: Close to the University of Western Australia (UWA).
  • Bentley: Near Curtin University, with affordable shared housing options.
  • East Victoria Park: Affordable and vibrant, with good public transport links.

For Beach Lovers:

  • Scarborough: Popular for its beach lifestyle, cafes, and surf culture.
  • Fremantle: Historic port city with a bohemian vibe and great beaches.
  • Hillarys: Coastal suburb with a marina, family-friendly atmosphere, and beaches.

For Budget-Conscious Renters:

  • Balga: Affordable housing in the northern suburbs.
  • Armadale: Budget-friendly area in the southeast, with good public transport.
  • Midland: Affordable and well-connected to the city via train.

6. Local Resources and Tips for Securing a Rental

  • Online Platforms:
  • Property Managers: Work with reputable real estate agencies like Ray White, LJ Hooker, or Harcourts.
  • Networking: Join local Facebook groups or community forums to find private rentals or shared housing.
  • Timing: The rental market in Perth can be competitive, so act quickly when you find a suitable property.
  • Inspections: Attend multiple inspections to compare properties and neighborhoods.
  • Budgeting: Factor in additional costs like utilities, internet, and furniture when planning your budget.

7. Cultural and Practical Tips

  • Public Transport: Perthโ€™s public transport system (Transperth) is reliable, with trains, buses, and ferries connecting most suburbs. Living near a train station can save commuting time.
  • Climate: Perth has a Mediterranean climate, so properties with air conditioning are highly desirable in summer.
  • Community: Many suburbs have active community groups and events, making it easy to meet people and settle in.

By following this guide, youโ€™ll be well-prepared to find and secure a rental property in Perth that suits your needs and lifestyle. If you have any specific questions or need further assistance, feel free to ask!