The state of rentals in Melbourne
#1
Forum Regular
Thread Starter
Joined: Dec 2008
Posts: 34
The state of rentals in Melbourne
Arrived here just over a week ago and was allocated a relocation officer by my new employer, gave them my requirements for South Yarra, Prahran and around.
Well when i got into all but two of them i was shocked..people buy these places as investments!! disgusting is not strong enough. One agent said one flat was " a little tired"...it was dead. I have been so disillusioed by it all.
Finally i found a nice apartment just out ofSouth Yarra only then to find out that all the bad press letting/estate agents get is justified...take my 3 months up front rent and bond and then i have to chase them for things that were advertised.
I am still in disbelief at some of the properties i saw , in the U.K I THINK DOGS LIVE IN BETTER HOMES THAN SOME I SAW.
I was talking to a gut the other day who basically admitted that investors and letting agents alike know people have to rent and with he influx of immigrants know eventually everything will be snapped up. Part of me hopes this boomtime shrinks a little and then landlords will have to spruce up places to get them rented
Well when i got into all but two of them i was shocked..people buy these places as investments!! disgusting is not strong enough. One agent said one flat was " a little tired"...it was dead. I have been so disillusioed by it all.
Finally i found a nice apartment just out ofSouth Yarra only then to find out that all the bad press letting/estate agents get is justified...take my 3 months up front rent and bond and then i have to chase them for things that were advertised.
I am still in disbelief at some of the properties i saw , in the U.K I THINK DOGS LIVE IN BETTER HOMES THAN SOME I SAW.
I was talking to a gut the other day who basically admitted that investors and letting agents alike know people have to rent and with he influx of immigrants know eventually everything will be snapped up. Part of me hopes this boomtime shrinks a little and then landlords will have to spruce up places to get them rented
#2
Re: The state of rentals in Melbourne
We've been looking over the months at property suitable for family rental in Melbourne...I've noticed an increase in places that are actually being advertised as needing updating & the implication is that the new tenant will take this work on! Is this true?
#3
Re: The state of rentals in Melbourne
However it might be worth reminding people that Melbourne is not cheap and you can expect the same rental costs as you would London.
For all the crap places there are some good ones (and sometimes at the same prices) You have to be vigilant and get to see as many as possible.
#4
Re: The state of rentals in Melbourne
With any city there will be slum properties thats just the way the world is at the moment.
However it might be worth reminding people that Melbourne is not cheap and you can expect the same rental costs as you would London.
For all the crap places there are some good ones (and sometimes at the same prices) You have to be vigilant and get to see as many as possible.
However it might be worth reminding people that Melbourne is not cheap and you can expect the same rental costs as you would London.
For all the crap places there are some good ones (and sometimes at the same prices) You have to be vigilant and get to see as many as possible.
We saw about 6 rentals (we where lucky to find a "reasonable" place quite quickly) and about 12 houses that where up for sale in the first couple of weeks when we arrived,The photos and general details of the properties definitely dont give a good description. There are good ones out there, but unfortunately you will waste good time sifting through the crap ones.
#5
Re: The state of rentals in Melbourne
Hi I agree GG
I think a lot of people arrive with a low budget (well it's low on Melbournes prices) this then equals really grotty properties.
I am not saying your budget was low Jamie, but you find a lot of people wanting to be in the in the CBD in a 3 bed property for $300 pw, it isn't possible
I think a lot of people arrive with a low budget (well it's low on Melbournes prices) this then equals really grotty properties.
I am not saying your budget was low Jamie, but you find a lot of people wanting to be in the in the CBD in a 3 bed property for $300 pw, it isn't possible
#6
Re: The state of rentals in Melbourne
Same in Perth when we were renting - the vast majority of the places we viewed were pigstys. It's very depressing.
#7
Re: The state of rentals in Melbourne
True. I was really depressed when I started house hunting here, especially when we looked at hole in the wall type houses at Albert Park, Hawthorn, Malvern...etc. I thought my budget was low, upped it to $750 a week and still no luck. We needed something within walking distance to a primary school, public transport and shops - yeah, all three must haves, as I don't drive.
The real estate agents were a nightmare. Jellis Craig was an absolute waste of time - for one inspection in Kew they turned up 45 minutes late, no apologies nothing. There were about 12 people waiting and all had been given different times for the property inspection. The manager herself had turned up (someone called Susy) and she was very haughty. Similarly, Hocking Stuart in Albert Park were a waste of time (they tried to pass off a loft with neither doors nor windows as a second bedroom) I shall never use these two again, if I can help it.
It's chance I guess - we were finally very lucky to find a really nice apartment that met all our requirements. Bright and airy, wonderful views and a very nice landlord (they were here to fix something in the laundry room when we moved). The apartment is old but has been very well maintained, the windows have all been replaced, walls all painted, nice furnishing - you can see the landlord (and the agent) have taken pains to ensure they have happy tenants. The real estate agent is also good and would recommend them - McLarens (chap called Simon Powell). No issues with maintenance at all, they're very prompt in dealing with any problems
The real estate agents were a nightmare. Jellis Craig was an absolute waste of time - for one inspection in Kew they turned up 45 minutes late, no apologies nothing. There were about 12 people waiting and all had been given different times for the property inspection. The manager herself had turned up (someone called Susy) and she was very haughty. Similarly, Hocking Stuart in Albert Park were a waste of time (they tried to pass off a loft with neither doors nor windows as a second bedroom) I shall never use these two again, if I can help it.
It's chance I guess - we were finally very lucky to find a really nice apartment that met all our requirements. Bright and airy, wonderful views and a very nice landlord (they were here to fix something in the laundry room when we moved). The apartment is old but has been very well maintained, the windows have all been replaced, walls all painted, nice furnishing - you can see the landlord (and the agent) have taken pains to ensure they have happy tenants. The real estate agent is also good and would recommend them - McLarens (chap called Simon Powell). No issues with maintenance at all, they're very prompt in dealing with any problems
Last edited by IndieG; Nov 2nd 2009 at 7:54 am.
#8
Forum Regular
Joined: Jan 2008
Posts: 165
Re: The state of rentals in Melbourne
You have to bear in mind that when Australians build a house they don't do any up keep. In 30-40 years time when the carpets are threadbare,the celings are falling in and the walls are full of cracks they just knock it down and build another one!!