Bank statements

Applying for a rental can be nerve-wracking, especially when you’re asked to submit your bank statements. In Australia, landlords and agents might request them as part of the application process.

Here’s what you need to know:

Is it normal to give bank statements when renting a property in Australia?

When renting a property in Australia, it is not unusual for landlords or real estate agents to ask for bank statements to verify your financial stability and employment. This is not a requirement for every landlord, but it can help demonstrate your ability to pay rent on time and alleviate any concerns they may have. Having a consistent income source can also be helpful in this process.

You might also like:
> Who is responsible for cleaning up mould in my rental?
> Can you rent a property in Australia without viewing it in person first?
> What references should you include in a rental application?

Why you might need to provide them with an application

When landlords review your bank statements, they want to ensure you have a consistent and dependable source of income. This gives them confidence that you can meet your financial responsibilities, such as paying rent on time. They also use bank statements to verify that the income you receive is deposited into an account under your name, which adds credibility to your application.

Can the landlord tell me I can’t black out specific areas ?

Under the Privacy Act 2000, real estate agents must keep your personal information, such as bank statements, confidential. However, landlords or agents may ask for unedited bank statements to verify their authenticity and promote transparency.

While you have the right to protect your privacy, it’s important to balance safeguarding sensitive information and meeting the landlord’s obligations. Open dialogue with the agent can help clarify any issues and offer alternative solutions if you are uncomfortable disclosing specific details.

Helpful tips

  • Understand the purpose: Bank statements can prove your financial stability and reliability.
  • Prepare in advance: Prepare recent statements to speed up the application process.
  • Maintain privacy: Discuss alternative solutions if uncomfortable sharing specific details.
  • Focus on income and stability: Highlight consistent deposits and the ability to meet financial commitments.
  • Seek clarification: Don’t hesitate to ask the landlord or agent if you have concerns or questions.

To secure a property you really want, balance your privacy with your landlord’s requirements. Bank statements can show proof of income and financial stability, so don’t shy away from providing them. Remember, open communication and understanding are key to a smooth application process.


  1. That means that everyone who works in the real estate agency would know how much money I have — details of my bank account etc.

  2. And they will see my spending which they’ll add up and say I can’t afford to rent. Which isn’t what they’re supposed to do. Verifying someone’s income is as easy as calling the employer on the application. They just want to see spending habits.

  3. I wish the Privacy Act would tighten up what agents, employers etc can ask for. I don’t agree at all that bank statements should be available to agents – they ask for payroll department number to verify employment; payroll will tell them how long you’ve worked there, what your job title is, whether you’re perm, cas, p/t or whatever, and what your salary is. I think it’s downright rude and inappropriate to be handing over bank statements which prove what, to an agent or a rental owner? None of their business. Apart from being a gross invasion of privacy, it just adds more to the indignity, humiliation and sadness one feels when having to go begging for a roof over the familys’ head.