Guide to renting a property in NSW FAQ’s

What do I look for at a rental inspection?

Property managers will usually advertise that the property is open for inspection on a specific day and hour. When you’re there, look for the following:

• Is there enough light?
• Is there enough storage?
• Is the property clean?
• Is it cooled or heated?
• Will it fit your furniture?
• Does it have a garden?
• Is it gas or electricity? Is there solar?
• A garage, carport, or merely street parking?
• Room for a bike or boat?
• What rooms have HVAC, if any?
• A dishwasher, oven, or stovetop?
• Is there a bathroom?
• Is the street quiet or busy?
• Bedrooms
• A pool or a gym?
• Pay TV / NBN
• Are smoke alarms compliant?

How do I write a strong rental application?

Writing a solid rental application can spell the difference between securing the lease or not. Introduce yourself, state your job status, and any specific circumstances you may have, such as pets or handicap access needs. Personalise your message and tell the property manager why you'd be a wonderful renter for that property. Attach any personal or professional reference letters - personal references should be known for at least 12 months. Include your 100 points of ID and payslips. You must also submit your profit and loss statement and tax assessment if self-employed. Credit scores, criminal records, and bank balances are optional, but may help you get a rental.

For more detailed information about how to write a strong rental application click here

What are NSW condition reports and what should be included?

A Condition Report is required by law in New South Wales by both renters and landlords. These show the property's general condition, including missing, dirty, damaged, and clean items. The report comprises two portions, the first before the tenancy. The landlord or property manager will inspect the premises and make notes. Next, the tenant will do the same, generally on the first day. With typical wear and tear, both the tenant and the landlord will verify each item to ensure it is in the same condition as when the tenant moved in. A condition report with images of each room can aid both the tenant and the landlord at the conclusion of the lease when the Bond is due.

What are rental bonds?

Across Australia, tenants must pay a Rental Bond when they move into a property. This is a security deposit given to your property manager, who subsequently deposits it with the RTA within 10 days. The RTA requires a four-week bond for normal leases. If no rent, damages, or other expenses are owed at the end of the lease, and the house is cleaned properly, the Bond is likely to be refunded.

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