If you’re a recent arrival in Australia, you’re undoubtedly searching for a place to call home. It can take time to discover a suitable apartment or house to rent in a major city because of the high level of competition in the market. The excitement multiplies if you plan to buy a home.
If necessary, try to find short-term housing in Australia that will allow you to prolong your stay throughout the first few weeks. You should expect it to take at least a month to find a suitable rental property. If your company pays for your relocation, you may need assistance finding an appropriate executive rental. When an employee relocates to a foreign nation, many employers are willing to cover the cost of temporary accommodation, and some even have flats set aside for this reason.
If you’re a young single eager to start making friends, shared housing could be an excellent option. Due to the high cost of living on your own, this will also help you save a lot of money. To live independently, you should look for a place where the rent won’t consume more than a third of your income (a common rule of thumb among landlords). When perusing the classifieds section of a newspaper or real estate website, you might also come across some private ads. Private-party rentals often offer more flexibility than traditional property management companies. You will be afforded the same level of protection and rights and responsibilities as if you rented through a professional agent, as these are spelled out in state law.
Different housing regulations are enforced by various agencies and legislatures in each state. Once you sign a lease, you’ll be given information on the laws that apply in your state. Below are some of the top visited real estate search engines. Properties can be viewed by appointment, during designated ‘open for inspection’ times, or by picking up the keys at the leasing agent’s office (a deposit may be required, and other conditions may apply). You can request a residential tenancy application from the landlord once you’ve found a place you’re interested in. The property manager or landlord will require government-issued photo identification (such as a driver’s license or passport), proof of work, and character references. Bank statements, a birth certificate, a rental or mortgage history, and a message from your previous country of residency may also be required.
An additional annexure outlining additional terms you must agree to as a tenant may be attached to a regular tenancy agreement if your application for a rental property is approved. Australia has two separate tenancy agreements. The first kind of contract is a fixed-term one that lasts for a predetermined time (often a year). The second kind is a contract that renews weekly or monthly. The critical distinctions between the two are the landlord’s power to increase rent (often after the fixed term expires and only every six months for a periodic agreement) and the required notice periods for specific activities during the tenancy, such as canceling the contract. Even if the end date of your fixed-term agreement may be specified, you are typically required to give a certain number of weeks’ notice before you vacate the property. If you have any questions, it’s best to look them up in the fine print of your lease.
Tenants must put down a security deposit before beginning a lease if they damage the property or fail to pay rent. The standard security deposit is one month’s rent, though, in some instances, the landlord may need more. The security deposit is not refundable and cannot be used for the rent. You’ll also need to pay the rent for the first month upfront. You will need to document any preexisting damage or abnormalities to the property on a condition report before you move in. Keep this report as proof that you caused no damage to the property if a disagreement arises over the security deposit at the end of your lease.
Know that transferring home ownership can take time if you decide to make a large purchase. At settlement, the seller hands over the deed, and the buyer (and the lender, if the latter provides financing) exchanges money and takes possession of the property. This means you’ll need to budget extra time before you can move into a newly purchased home. All planned purchases by foreign nationals or temporary visitors to Australia must be approved by the Foreign Investment Review Board (FIRB). Such determinations may take up to 30 days. Stamp Duty is a non-refundable tax paid by buyers of properties in Australia, and it can make it prohibitively expensive to buy a home there. It might add up quickly if you’re purchasing a high-priced home because the tax is calculated as a percentage of the purchase price. If the Foreign Investment Review Board (FIRB) insists that you sell your home before leaving Australia, you should consider whether it is in your long-term financial interests. This is less of a concern if a permanent move is in the works.
You may want to hire a buyer’s agent to get the best bargain possible on the home you plan to buy. The Property Buyer’s Agents Association of Australia, often known as the Real Estate Buyers’ Agents Association of Australia, may provide you with a list of reputed buyers’ agents in your area. Before even setting foot in Australia, your buyer will likely be able to begin assisting you.
You can find helpful resources online.
Listings for all houses
Directory (Domain)
Simple Flatmate
Roommate and room postings
Flatmates.com.au
Sharehouses, flatmates, and other forms of affordable housing in Australia’s three main cities (Sydney, Melbourne, and Brisbane) are all listed on this; the country’s
Listings on Gumtree
You can change the city in the link if you want to see postings in your area rather than Sydney.
Gifts of Hospitality
Free lodgings in any part of the world
Housemates.com.au
Free roommate listings, including articles and bulletin boards
Listings in Australia can be found on Housepals, a website established in the United Kingdom.
Subsidiary Opinions
Before signing a lease, it’s a good idea to read reviews written by residents.
Listed properties on RealEstate.com.au
Listings for Real Estate
Consorting with the enemy in bed
Lodging for the Short- to Medium-Term
Are you thinking about making Australia your new home? Interested in learning more about moving to Australia, including the home-buying process? The Moving to Australia eBook is an outstanding resource for anyone looking to learn more about migrating to Australia. This guide will help you with every step of your journey to Australia, whether you plan to stay for an extended period or take a working holiday. This includes student visas, work visas, and visas for qualified immigrants who have already found employment in Australia.
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