Real Estate in Australia
Find a House to Buy or Rent in Australia
Australia real estate is quite similar to New Zealand but Australia is so much bigger. Like New Zealand there are positives and negatives to each city and each suburb and it is important to do research before you leave New Zealand and when you get there before you make any fixed arrangements.
It is highly recommend to give yourself some time to find which suburb suits you and your family best before you buy or rent any real estate in Australian and sign into a fixed term agreement.
Editor's Note: I recommend finding short term accommodation when you first move to Australia. A lot of the apartments and Motels will give you a good rate for a fixed time, e.g. five weeks or three months. Australian suburbs are a lot bigger than NZ, the distance is quite deceiving on a map.
When we first moved to Australia we moved to the Gold Coast. After moving from Broadbeach to Surfers Central, then to Main Beach, we finally decided that Brisbane would be better for work, so we moved up there. Lucky we had family to stay with for three months while we got to know Brisbane.
We ended up living in Bulimba, which had everything we were looking for. The only way we found out about Bulimba was from a Taxi driver after we had been there for six weeks. TALK TO EVERYONE and find out from people who have lived in the city the pros and cons of the different suburbs. It helps to know what type of suburb you like to live in and to give yourself time to do the research.
Short Term Living Options
While you are still deciding which Australian suburb you want to live in and waiting for your furniture to arrive, there are a few short term living options.
Family or Friends
The best and cheapest option, as not only will you get cheaper board you will also be able to discuss different suburbs with them as you are exploring.
Rent a Hotel, Motel or Hostel
Most short term Australian rental accommodations will give a special rate for a fixed term stay of five weeks or more. You will need to contact each place directly (Google search) but the rate will end up close to what renting will be without having to sign into anything long term and give you time to explore your new city and suburbs.
Craigslist (http://www.craigslist.org/about/sites) and Findads.com.au
On both Craigslist and Findads.com.au you can find a lot of different housing options including: apartments / housing, housing swap, housing wanted, office / commercial, parking / storage, real estate for sale, rooms / shared, sublets / temporary and vacation rentals.
Findads.com.au is a search engine service in Australia which collects all property ads from 92 major Australian sites such as gumtree.com.au, flatmates.com.au, etc. Follow this link to go straight to rooms for rent: http://www.findads.com.au/flatshare-rooms-for-rent/.
Finding an Australian Home to Rent
The Australian rental market is very competitive, especially in the main cities. Most Australian rentals will require you to submit a tenancy application, accompanied with the following documents, so it is best to have all the information ready to go:
- Your last 3 months bank statements
- A written reference from your previous landlord
- Your previous landlord's contact information
- Proof that your last bond was repaid in full (or an explanation as to why it wasn't)
- Provide and attach photocopies of documents required to meet 100 points of identification as the guide shows below:
Documents required for 100 points identification check Points per
Submit only one of the following:
- Birth Certificate
70 - Drivers Licence
- Proof of Age Card
- Other Photo ID from Government eg Pension Card, Student Card
40 - 2 recent Rent Receipts
- 2 recent Pay Advices
- Tenancy Ledger
25 - Documents on which your name and current address appear:
- Car registration certificate
- Rates Notice
- Electricity Account
- Bank/Credit Card Statement
- Telephone Account
- Gas Account
The best place to look for rentals is on the internet. However, all the best properties are snapped up quickly so there isn't much point in seriously looking until you are two weeks away from being ready to move in. Below are some rental websites:
House's and apartments come furnished or unfurnished and are generally for a fixed term of six months to a year.
Editors Note:"We found realestate.com.au the best as it had all the major listings in one place. We didn't have all the documentation ready when we first started applying for rentals and we missed out on a couple. Once we got reference letters from our previous landlords and proof that we were great tenants, we applied for four places and got the option of two.
Apply for anything you might be interested in, as the rental market is very competitive."
Connecting utlities in Australia is not as simple as in New Zealand because all the utlitly companies want paperwork, e.g. proof of address, bank statements, drivers licence, and you will not have what they want.
Therefore Moving to Australia.co.nz highly recommend using a company to arrange the connection of your utilities for you. They do not need the same paperwork and will arrange all your connections with one phone call, while offering you the current specials run by the supplier, which are normally the cheapest and/or best deal you would get if you were to weight up all offers from all suppliers.
Bond and Rent in Advance
It is normal for landlords to request between 2-4 weeks rent as bond and 2-4 weeks rent in advance. This means that you will need to be prepared to front up with somewhere between 4 and 8 weeks rent before moving into your new place. Your bond with be lodged with the Residential Tenancies Bond Authority (RTBA) and returned to you minus the cost of any damages when you leave.
Finding Real Estate to Buy in Australia
Buying a home (real estate) in Australia is very similar to New Zealand. Below are the main websites for real estate listings in Australia:
You can research median house prices on the Australian Property Monitors (APM) website by following the below link:
If you have any questions please ask them using the comments field below and we will get back to you asap.