“Three years ago, I had to default on a rental property, but I have paid the balance in full. Can I still rent in Australia? I’ve been living in private rentals for the past three years but would like to move. Can I?”
We asked the Managing Director / Licensee at Investors Edge Real Estate, Jarrad Mahon, for his insight.
“Nearly all Agents will do a search of a Tenancy Database as part of checking your application, and there are three main databases used nationally- TICA, NTD and TRA,” Jarrad said.
“As far as I know, some of the databases can be updated by your past property manager to show that you have made payment. So it may be worth going back to them and seeing if they have done this.”
Jarrad suggested that if you make an application for a rental with an agent and it is denied, try to get some feedback on why.
“If it is still negatively impacting you, you could then decide to be upfront about your history when applying for the next rental,” he said.
“There will be property managers and lessors that are willing to look at the overall merits of your application.”
Once you can gain a rental history with a property manager, you can then use that reference to apply for future rentals more easily.
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Jarrad Mahon is the Managing Director and Licensee at Investors Edge Real Estate in Perth, Western Australia. Jarrad is an experienced property investor, selling agent and the 'go to' for Perth property market strategies and award-winning property management. He hosts the popular Perth Property Insider podcast, offering listeners strategies and mindset tips to grow their wealth, and is the author of The Ultimate Home Sellers Guide - How to Master the 5 Price Influencers.