Ready to embark on your next rental journey? The question is, when should you start your search?
Timing is key, and in this guide, we’ll share some tips on when to kickstart your hunt, how to prepare, consider your budget, and research the area.
TL;DR (Too Long; Didn’t Read)
- Start your rental property search 4-6 weeks before moving.
- Start earlier during peak rental periods.
- Create a checklist of must-haves and gather necessary documents.
- Set your budget before starting your search.
- Research the area online, visit the neighbourhood, and seek local advice.
- Prioritise your must-haves and act swiftly when you find a suitable rental.
Timing is Everything:
When searching for a rental property, it’s important to strike the right balance between starting early and avoiding unnecessary delays. Here’s a rough timeline to help you plan:
a. 4-6 Weeks Before Moving: This gives you ample time to explore options, attend inspections, and complete the application process without feeling rushed.
b. Peak Rental Periods: There are times when the demand for rentals is higher, such as the start and end of the year or right before university semesters. To give yourself an advantage, start your search a few weeks earlier during these busy periods.
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Prepare for the Search:
To set yourself up for success, a little preparation goes a long way:
a. Create a Checklist: To find your perfect rental, pinpoint your must-haves, like location, parking, and amenities. Stay focused by gathering all the necessary documents beforehand.
b. Gather Supporting Documents: Have your identification documents, proof of income, references, and rental history on hand to breeze through the application process.
c. Set Your Budget: Ready to find the perfect property? First things first, set your budget! Determine what you can comfortably afford based on your income, expenses, and extra costs like utilities or parking. This way, you can focus your search on properties within your budget.
Research the Area:
Finding the right neighbourhood is just as important as finding the right property. Here’s how you can research the area effectively:
a. Online Research: Use platforms like Rent.com.au to gather info on suburbs and amenities. Look for public transport, schools, shopping centres, and community facilities that suit your needs.
b. Visit the Neighbourhood: Explore the areas you’re interested in at different times of the day. Get a feel for the atmosphere, noise levels, and general vibe. This firsthand experience gives valuable insights.
c. Seek Local Advice: Connect with friends, colleagues, or locals in the area. They can provide valuable firsthand info on safety, community events, and hidden gems.
Stay Flexible and Be Realistic:
While it’s great to have preferences and expectations, it’s important to remain flexible and realistic during your search:
a. Prioritise Your Must-Haves: Find properties that meet your most important requirements. Being flexible on less critical aspects expands your options and improves your chances of finding a suitable rental.
b. Act Swiftly: When you find a property that fits your needs, don’t hesitate to submit your application. Good rentals go fast, so act quickly to secure your desired home.
Now that you have some guidance on when to start your rental property search in Australia, it’s time to implement your plan. Remember to stay organised, conduct thorough research, and trust your instincts. Before you know it, you’ll settle into your new home.
Best of luck with your search!
Rent.com.au is Australia's largest company dedicated to renters and is owned and operated by ASX-listed Rent.com.au Limited (RNT:ASX). For over 15 years, Rent.com.au has exclusively focused on making renters' lives easier by making it easier to find a property, secure it, move in and pay rent.