Rental Costs in Australia

If someone said to you that the cost of living in Australia is not high, then we are really sad to break it to you that this is wrong. Living in Australia can be a lot expensive and a large part of it is formed by rents that you have to pay for accommodation. As a universal rule, the better the place the more will be the rent. Also, if you go for large cities to have more options for career or so, do remember the rents of these places will be a lot higher as compared to the smaller cities and even sometimes you might not be satisfied with the quality of accommodation available. In cities like Sydney, Melbourne and Darwin, the rents are usually higher.

You can go for furnished accommodations, semi-furnished or unfurnished.  As obvious it is, the last one comes to a lot cheaper as all you get is four walls and the necessary fittings in kitchen, bathrooms and electrical fittings. A cheaper option is also studio apartments which require way less maintenance and are found more. Because of the design of studio apartments, the 1 BHK ones are sometimes little difficult to share too. For a studio apartment or bedsitter, the average weekly rent is around 250 to 350$. Now if you think these are high, then you must take a look at these as well. (All these are average weekly rent in $)

1 Bedroom Apartment      350-450

2 Bedroom Apartment      500-600

3 Bedroom Apartment      700-1000

2 Bedroom House              500-750

3 Bedroom House              800-1200

 

There are also some hidden charges such as your daily expense on electricity, gas connection etc… Take a good look at them as well. Now after looking at these, you would have gotten an idea of how much you will need to spend. Other than rent, there are bond fees as well. This is mostly like a security deposit that the landlord asks you to pay. These are also charged by letting agencies and estate agents.  Generally, a fee equivalent to 4-weeks rent for a 6-month lease is charged and so on. Before renting a property in Australia, this bond deposit has to be made. On doing so, you need to get it lodged with the Rental Bond Board along with a copy of condition/inspection report.

In case you have any doubts or queries about rental bonds, you may contact this number and the desired information will be made available to you.

Contact: 1800 422 021 (Free Call)

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