Relocating? How To Rent A House In Brisbane
Jan 13, 2023
The capital of Queensland is best known for its diversity, golden beaches, pleasant weather, sustainability, high-end infrastructural developments, world-class education, etc. It is an affordable city when compared to Sydney and Melbourne.
The median house price in Brisbane is $ 864,000, and people are heading towards this beautiful city with their families. Instead of
buying a house, families prefer a rental option because they can get a reliable and spacious house in the top location without the expense of hefty EMIs. They can also live in a rental property when building or renovating their new abode in Brisbane.
If you are also moving to the city, book the best removalists Brisbane and look for the best rental properties close to the CBD or as per your specific requirements. This is one of the most reasonable options, as you can change the property after the end of your tenancy or extend it as per your comfort and budget.
So, here is a complete guide on renting a house in Brisbane so that you can understand the concept and the process with ease.
What is the Cost of Renting in Brisbane?
Believe it or not! Most rental or leased properties in Brisbane and other parts of Queensland are unfurnished. This means you need to move everything on your own with the help of the best moving company. It is also important to know
how much does a self move cost if you are planning to do it yourself.
Of course, you will find some furnished or semi-furnished properties, but they are apartments. Hire a professional real estate agent in the new location to get more insights and make a well-informed decision.
Rents are usually quoted on a per-week basis. This can be confusing because tenants usually pay rent every month.
For instance: $200 a week doesn’t mean that you pay $800 a month because there are different amounts of days every month.
- $200 a week * 52 weeks a year = $10,400
- $ 10,400: 12 months/ a year = $866.6
As an active tenant or renter, you should negotiate your rent before applying and make sure it is at a reduced rental price.
On the approval of your application, you will need to pay 1 week’s rent as a holding deposit to secure the premises. Sit with your agent and agree on the fixed holding period without dispute.
When signing the agreement, you will need to pay the bond amount, which is equal to 4 weeks’ rent for your rental property. Read the tenancy agreement and know all your terms and conditions before signing it.
What is the average rent of a house in Brisbane?
As Australia’s fourth most affordable city, more and more people are heading towards Brisbane with their families. They are choosing rental properties over buying a new one because of affordability and flexibility.
The three-bedroom house costs around $557 per week, while the unit’s rent is $459 a week.
According to real estate marketers, the demand for rental properties has increased in the past few years. In fact, outer suburbs and laidback small towns are favourites among all types and sizes of families.
How to Find the Best Rental Properties in the City?
Here is a complete guide that will help you make the right decision with ease. Keep the following tips in mind and rent a house in the prime location of Brisbane. It is also important to know the
cost of living in Brisbane and make the right decision.
Decide the Type of Your Desired Rental Property
It is important to know your expectations or requirements when renting a house in a new city. Whether you want a studio apartment or a spacious house, make sure you know the type of dwelling and other key factors that can make your journey a bit easier. Ask yourself the following questions
- Do you need an apartment, duplex, townhouse or a spacious home?
- How many rooms will you need?
- How much rent can you pay each month?
- Are you living alone or with your family?
- Do you want a front yard or lawn area?
- Are pets allowed?
- What amenities are available in the neighbourhood?
Apply for Tenancy
After finding the right location and rental property, it is important to inspect every nook and cranny thoroughly. Before signing the agreement, take an appointment and check for security, damages and other loopholes.
Fill out the initial condition report and take photographs as evidence so that you can show it at the end of your tenancy if a landlord tries to blame you for the existing damage.
Begin the Application Process
You need to fill out and submit the application so that you can live in your selected rental house. You should complete the paperwork and submit the form for a background check. This ensures that you have all the necessary qualifications. It basically checks that you do not have any past rental disputes and evictions.
Sign Your Lease Agreement
If the property is in good condition and you agree upon the rent, then sign the rental agreement. Make sure you check the property and fill out the
Entry Condition Report before signing the agreement. Let the landlord complete the necessary repairs and hand over the property in a clean and secure condition.
Conclusion
Home relocation is itself a stressful task that people often forget to take necessary steps while finding a rental property in metropolitan cities.
It is good to hire a
cheap removalists Brisbane and extend your knowledge by finding the cost and process of a rental house in Brisbane. This will make your search a bit easier, and you can find the best rental house in the capital of QLD.
