By: kiwiwino
2/05/2008
10:23 am Yahoo! Profile:
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| My Husband and I are moving from NZ to Melbourne (like thousands of other kiwis!!) in a few months. We have been looking at apartments on the net and there seem to be quite a few but have heard you need like 3 written references from previous landlords and they expect you to pay one months rent in bond and also in advance. Is this true? How hard is it to get a flat in Melbourne. Also does any one know of any band jam rooms/spaces there? |
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By: buzzanddidj
3/05/2008
10:56 am Yahoo! Profile:
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MELBOURNE'S rental property drought reaching crisis levels after last month's vacancy rate fell below 1% for the first time on record. Rental accommodation in the central city has almost dwindled to zero.
Figures obtained by The Age reveal that the vacancy rate across Melbourne is 0.9%, a level not seen by the property industry since records began in the early 1980s.
For those wishing to live close to the city the situation is even more dire. The Real Estate Institute of Victoria says that, within four kilometres of the CBD, the vacancy rate dived to 0.5% last month. It was 0.6% in February last year.
"A rental vacancy rate below 1% is unprecedented," said REIV chief executive Enzo Raimondo, "and it increases the urgency for governments to take action to increase public and private investment in rental stock."
The surging demand for rental properties in Melbourne, particularly close to the city, is being fuelled by the state's growing population. About 1500 people are moving to Melbourne each week and experts predict that the city's population will hit 6.2 million by 2020, a decade earlier than forecast earlier. The State Government's Office of Housing has reported that median rents in metropolitan Melbourne rose 12.7% in the year to the September quarter.
http://www.theage.com.au/articles/2008/03/19/12056 02482946.html?from=top5
You might find it hard
Due to the shortage the land-lord has the advantage
They sometimes have up to 50 applications for the 1 property
So they go for.....
The best references
Best employment record
No children
etc
A lot now also accept bids on rental properties
I certainly wouldn't arrive unless you have some good friends who can put you up for a while
Good Luck
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By: matmosrulez
3/05/2008
1:20 pm Yahoo! Profile:
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When I lived in Melbourne we found a rental easily...but that was in 2005, It was through an agent that wasnt really very good so we moved from that house in 6 months.
Like with any rentals I found that private rentals through papers & putting up ads on boards works...I know that inner subs in Melb were very pricey & harder to get. if you look a bit further out or in the country it can be easier. Just be careful of shonky agents that will take advantage of you because you are a new comer. Goodluck... |
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By: kiwiwino
5/05/2008
4:03 pm Yahoo! Profile:
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| hmmm.... yes we have heard it is getting increasingly hard, we do have people we can stay with for a while, guess we better stock up on duty free on the way over!!!! |
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