Important factors for tenants when looking for a rental property

5 things to consider before applying for a rental home

murraybridge Blog | Uncategorised 18th January, 2019 No Comments

Having a hard time trying to find the perfect rental property? No matter your budget or where you want to live it can take a significant amount of time to sort through available properties online. To help you filter out the properties that aren’t worth your time, here are some things to look into.

  1. Budget

How much rent you can afford to pay each week is an obvious consideration, but don’t forget to factor in other potential running costs such as commuting to work or school. Some rental properties involve extra costs for things such as utilities, car parking, gardening or other items. Always check with the property manager to see if other costs are the tenant’s responsibility.

  1. Neighbourhood

Finding the perfect neighbourhood to live in can be tricky, it may not exist. We suggest prioritising your wants and needs; do you need to be close to good schools? Is the property close to your work, transport networks, shops or parks? What’s the most important factor? If you’re signing a long-term lease, you can benefit from getting to know the areas you plan to rent in, to see whether or not it feels safe and has everything nearby that you need.

  1. Amenities

Every tenant should consider their must-haves in a property. Do you require air-conditioning, particularly as we come into summer, or do you need a fenced yard for pets? Consider storage needs, laundry amenities, privacy, parking and security. If you’re looking to rent an apartment or townhouse it’s also worth looking into what shared amenities might be available such as an onsite gym or pool.

  1. Space

Many people search for properties based on the number of bedrooms and bathrooms they need but drilling further into your search criteria can help you find out if it will really have enough space to fit everything you need it to. Ask yourself whether each property you look at will be able fit all of your furniture and other items. If it doesn’t then you may need to downsize what you own or replace large furniture items like couches or beds, which may add to your moving costs.

  1. The fine print

Thoroughly read over a Lease Agreement before signing it. It is your responsibility to be completely aware of everything it entails. Don’t be afraid to discuss any potential issues with the property manager if you’re unsure about a property, as they may be able to resolve these. Just make sure that any agreement for things like repairs or additions are put in writing before moving in.