Australia Housing — Domain, REA, Rent, Mortgage

🏠 Renting

📋 Requirements

• 100 points ID (passport, licence)
• Employment letter / bank statements
• Rental history / references
• Bond: 4 weeks rent (held by state bond board)
• Apply through agent or online
• Rental applications are competitive!

📱 Finding Rentals

• Domain.com.au: #1 property site
• REA (realestate.com.au): Largest listings
• Flatmates.com.au: Share houses
• Facebook Marketplace: Groups popular
• Gumtree: Classifieds
• Rent quoted per WEEK, not monthly!

🛡️ Tenant Rights

• Bonds held by state government (not landlord)
• Minimum notice periods for rent increases
• Rental caps in some states (VIC, QLD)
• Condition report at start (very important)
• Landlord must maintain property
• Breaking lease: penalties but possible

💰 Avg Rent (1-BR/week)

• Sydney: $600-$750
• Melbourne: $450-$600
• Brisbane: $400-$550
• Perth: $450-$600
• Adelaide: $350-$450
• Canberra: $450-$580
• Hobart: $350-$450

🏡 Buying

Median House Price: Sydney: $1.4M • Melbourne: $930K • Brisbane: $850K • Perth: $750K • Adelaide: $780K
Deposit: 20% ideal (avoid LMI). 5% minimum with LMI (mortgage insurance).
First Home Buyer: FHOG ($10K-$30K varies by state), stamp duty exemptions, Super Home Buyer Scheme.
Mortgage rates: Variable ~6.0-6.5%. Fixed ~5.5-6.0%. Comparison rate matters.
Foreign buyers: FIRB approval required. Surcharge stamp duty (up to 8%). New properties only (generally).

📖 Explore More

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Australia Housing Guide