Go Back  British Expats > Living & Moving Abroad > Australia
Reload this Page >

Rental property in Melbourne

Rental property in Melbourne

Old May 24th 2016, 10:06 am
  #1  
Forum Regular
Thread Starter
 
Joined: Jul 2015
Posts: 97
Pete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond repute
Default Rental property in Melbourne

Hi,

We have settled on moving to Melbourne and are coming out without work lined up. My question is, I read on these pages about how competitive it is securing a half decent family rental, but I worry now will it go against us not being able to show an agent any proof of employment??? We will have some money in the bank that we can show by way of bank statement and docs that show we have a mortgage in the UK - will this be enough? We have never rented before so cant supply references. Any advice would be appreciated (as ever). Thanks
Pete39 is offline  
Old May 24th 2016, 10:59 am
  #2  
BE Forum Addict
 
cappuccino's Avatar
 
Joined: Nov 2007
Posts: 1,967
cappuccino has a reputation beyond reputecappuccino has a reputation beyond reputecappuccino has a reputation beyond reputecappuccino has a reputation beyond reputecappuccino has a reputation beyond reputecappuccino has a reputation beyond reputecappuccino has a reputation beyond reputecappuccino has a reputation beyond reputecappuccino has a reputation beyond reputecappuccino has a reputation beyond reputecappuccino has a reputation beyond repute
Default Re: Rental property in Melbourne

I was able to rent an apartment in Melbourne before I started work. I had to show bank statement and provide several references (Airbnb host where I was staying + ex-work colleagues). I was lucky that the agent liked me and my references were good. I didn't have to pay any extra apart from the usual 4 weeks bond and 1 month rent (not the same amounts!)

I do know of other people in this situation who had to pay 6 months rent in advance. Also depends on time of year (Jan, Feb, March = high demand) if the agent will be amenable or not.
cappuccino is offline  
Old May 24th 2016, 1:43 pm
  #3  
Lost in BE Cyberspace
 
Bermudashorts's Avatar
 
Joined: Feb 2009
Location: UK
Posts: 14,284
Bermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond reputeBermudashorts has a reputation beyond repute
Default Re: Rental property in Melbourne

Originally Posted by Pete39
Hi,

We have settled on moving to Melbourne and are coming out without work lined up. My question is, I read on these pages about how competitive it is securing a half decent family rental, but I worry now will it go against us not being able to show an agent any proof of employment??? We will have some money in the bank that we can show by way of bank statement and docs that show we have a mortgage in the UK - will this be enough? We have never rented before so cant supply references. Any advice would be appreciated (as ever). Thanks
Plenty of people in the same boat and I have never heard of anyone really struggling to find a rental. But I don't know why proving you have debt (a mortgage) would help. I would be proving I had savings, not debt and would consider payment in advance if I didn't have a job.
Bermudashorts is offline  
Old May 24th 2016, 5:01 pm
  #4  
Forum Regular
Thread Starter
 
Joined: Jul 2015
Posts: 97
Pete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond repute
Default Re: Rental property in Melbourne

Originally Posted by cappuccino
I was able to rent an apartment in Melbourne before I started work. I had to show bank statement and provide several references (Airbnb host where I was staying + ex-work colleagues). I was lucky that the agent liked me and my references were good. I didn't have to pay any extra apart from the usual 4 weeks bond and 1 month rent (not the same amounts!)

I do know of other people in this situation who had to pay 6 months rent in advance. Also depends on time of year (Jan, Feb, March = high demand) if the agent will be amenable or not.
Thanks cappuccino, that makes me feel more comfortable about it!
Pete39 is offline  
Old May 24th 2016, 5:05 pm
  #5  
Forum Regular
Thread Starter
 
Joined: Jul 2015
Posts: 97
Pete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond repute
Default Re: Rental property in Melbourne

Originally Posted by Bermudashorts
Plenty of people in the same boat and I have never heard of anyone really struggling to find a rental. But I don't know why proving you have debt (a mortgage) would help. I would be proving I had savings, not debt and would consider payment in advance if I didn't have a job.
Hi there. Thanks also for replying. I have read a number of threads on here where people have said its dog eat dog trying to secure a rental which is why I asked the question. I would have thought that a mortgage, much like a credit card, creates a credit history for you, so it shows others that you pay your bills on time - that was my thinking.
Pete39 is offline  
Old May 24th 2016, 11:31 pm
  #6  
BE Enthusiast
 
Joined: Mar 2016
Location: SW Ontario
Posts: 474
evets has a reputation beyond reputeevets has a reputation beyond reputeevets has a reputation beyond reputeevets has a reputation beyond reputeevets has a reputation beyond reputeevets has a reputation beyond reputeevets has a reputation beyond reputeevets has a reputation beyond reputeevets has a reputation beyond reputeevets has a reputation beyond reputeevets has a reputation beyond repute
Default Re: Rental property in Melbourne

Originally Posted by Pete39
Hi there. Thanks also for replying. I have read a number of threads on here where people have said its dog eat dog trying to secure a rental which is why I asked the question. I would have thought that a mortgage, much like a credit card, creates a credit history for you, so it shows others that you pay your bills on time - that was my thinking.
The market has changed a lot over the last few years and there appears to more rentals properties on the market. Also rent's have stabilised a lot and not being hiked up every year.

If you are renting your property in the UK, bring those documents. I think being a landlord yourself provides the potential new landlord a sense of trust.

Also when applying try to submit your application as soon as possible. I find it is usually a first come first served.
evets is offline  
Old May 25th 2016, 12:12 am
  #7  
Lost in BE Cyberspace
 
Kim67's Avatar
 
Joined: Jun 2008
Location: Brisvegas
Posts: 5,461
Kim67 has a reputation beyond reputeKim67 has a reputation beyond reputeKim67 has a reputation beyond reputeKim67 has a reputation beyond reputeKim67 has a reputation beyond reputeKim67 has a reputation beyond reputeKim67 has a reputation beyond reputeKim67 has a reputation beyond reputeKim67 has a reputation beyond reputeKim67 has a reputation beyond reputeKim67 has a reputation beyond repute
Default Re: Rental property in Melbourne

Originally Posted by Pete39
Hi there. Thanks also for replying. I have read a number of threads on here where people have said its dog eat dog trying to secure a rental which is why I asked the question. I would have thought that a mortgage, much like a credit card, creates a credit history for you, so it shows others that you pay your bills on time - that was my thinking.
I was having trouble securing a rental earlier in the year for a number of reasons. I just offered six months rent in advance on a six months lease and there wasn't a problem. If you have the money set aside for rent, just pay it all in one chunk if it gets to that level of desperation.
Kim67 is offline  
Old May 25th 2016, 7:50 am
  #8  
Forum Regular
Thread Starter
 
Joined: Jul 2015
Posts: 97
Pete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond reputePete39 has a reputation beyond repute
Default Re: Rental property in Melbourne

Originally Posted by evets
The market has changed a lot over the last few years and there appears to more rentals properties on the market. Also rent's have stabilised a lot and not being hiked up every year.

If you are renting your property in the UK, bring those documents. I think being a landlord yourself provides the potential new landlord a sense of trust.

Also when applying try to submit your application as soon as possible. I find it is usually a first come first served.
Thanks for your advice - much appreciated !
Pete39 is offline  
Old May 25th 2016, 11:03 pm
  #9  
Victorian Evangelist
 
Buzzy--Bee's Avatar
 
Joined: Sep 2005
Location: Melbourne, by the beach, living the dream.
Posts: 7,704
Buzzy--Bee has a reputation beyond reputeBuzzy--Bee has a reputation beyond reputeBuzzy--Bee has a reputation beyond reputeBuzzy--Bee has a reputation beyond reputeBuzzy--Bee has a reputation beyond reputeBuzzy--Bee has a reputation beyond reputeBuzzy--Bee has a reputation beyond reputeBuzzy--Bee has a reputation beyond reputeBuzzy--Bee has a reputation beyond reputeBuzzy--Bee has a reputation beyond reputeBuzzy--Bee has a reputation beyond repute
Smile Re: Rental property in Melbourne

Originally Posted by Pete39
Hi,

We have settled on moving to Melbourne and are coming out without work lined up. My question is, I read on these pages about how competitive it is securing a half decent family rental, but I worry now will it go against us not being able to show an agent any proof of employment??? We will have some money in the bank that we can show by way of bank statement and docs that show we have a mortgage in the UK - will this be enough? We have never rented before so cant supply references. Any advice would be appreciated (as ever). Thanks
Hi Pete, PMd you.

BB
Buzzy--Bee is offline  
Old May 26th 2016, 11:06 am
  #10  
Just Joined
 
Joined: Apr 2016
Posts: 9
sarahhibbert is an unknown quantity at this point
Default Re: Rental property in Melbourne

Originally Posted by Buzzy--Bee
Hi Pete, PMd you.

BB
Hi Buzzy Bee

Could you please also PM me details of your apartment? I have not posted enough yet to be able to PM people yet but basically looking for temp accommodation in Jan 2017 for a month or 2 as I will be coming over to study for 2 years with my husband. I was thinking of a short term rent at first to give us time to be able to look for and secure something longer term. Thanks, Sarah
sarahhibbert is offline  
Old May 26th 2016, 11:19 pm
  #11  
Victorian Evangelist
 
Buzzy--Bee's Avatar
 
Joined: Sep 2005
Location: Melbourne, by the beach, living the dream.
Posts: 7,704
Buzzy--Bee has a reputation beyond reputeBuzzy--Bee has a reputation beyond reputeBuzzy--Bee has a reputation beyond reputeBuzzy--Bee has a reputation beyond reputeBuzzy--Bee has a reputation beyond reputeBuzzy--Bee has a reputation beyond reputeBuzzy--Bee has a reputation beyond reputeBuzzy--Bee has a reputation beyond reputeBuzzy--Bee has a reputation beyond reputeBuzzy--Bee has a reputation beyond reputeBuzzy--Bee has a reputation beyond repute
Smile Re: Rental property in Melbourne

Originally Posted by sarahhibbert
Hi Buzzy Bee

Could you please also PM me details of your apartment? I have not posted enough yet to be able to PM people yet but basically looking for temp accommodation in Jan 2017 for a month or 2 as I will be coming over to study for 2 years with my husband. I was thinking of a short term rent at first to give us time to be able to look for and secure something longer term. Thanks, Sarah
Hi Sarah, the details are here, and I'll PM them to you too -

Self contained studio apartment for rent close to beach and train station

BB
Buzzy--Bee is offline  
Old Jun 13th 2016, 2:53 pm
  #12  
Just Joined
 
Joined: Apr 2016
Posts: 9
sarahhibbert is an unknown quantity at this point
Default Re: Rental property in Melbourne

Thanks Buzzy Bee
sarahhibbert is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.