What are the monthly costs I should consider when renting in Canberra Central?

When renting in Canberra Central, budget for rent, electricity, and internet. Monthly costs may include rent ($ 1,500 AUD to $ 2,500 AUD), electricity ($ 100 AUD to $ 200 AUD), water ($ 50 AUD to $ 150 AUD), and internet ($ 60 AUD to $ 120 AUD). For exact prices, check your lease and service providers' quotes. Transport and groceries vary based on lifestyle.

What are typical upfront fees and costs when renting in Canberra Central?

In Canberra Central, upfront costs include the bond (four weeks' rent), two weeks' rent in advance, connection fees for utilities, and possibly a tenancy agreement fee. Expect to pay around $ 6,000 AUD to $ 10,000 AUD initially for a $ 1,500 AUD rental. Costs vary, so check your lease and utility providers for precise figures.

What is the typical lease agreement duration in city of Canberra Central?

In Canberra Central, the typical lease agreement for residential properties usually spans 12 months. However, it's not uncommon to find shorter-term leases of 6 months or longer-term agreements extending beyond a year, depending on the landlord and tenant's preferences. Always check the specific terms and conditions stated in your lease agreement.

Do I need to pay a security deposit when renting in city of Canberra Central?

Yes, when renting in Canberra Central, Australia, you generally need to pay a security deposit. The amount depends on the rental agreement but is often equivalent to 4 weeks' rent. This deposit is held as security for any damages or unpaid rent and is returnable at the end of the tenancy, subject to conditions of the lease agreement.

How does the rental market in Canberra Central compare to other regions in Australia?

The rental market in Canberra Central, with an average rent of around $ 550 AUD per week, is notably competitive and higher-priced compared to cities like Adelaide, where average rents are approximately $ 400 AUD, and Hobart at around $ 450 AUD. Canberra’s strong public sector job market fuels demand, while Adelaide and Hobart are less competitive, reflecting their different economic bases.

What is the process of renting a property in city of Canberra Central?

To rent a property in Canberra Central, Australia, start by searching online real estate platforms. Once you find a property, inspect it personally if possible. Next, submit a rental application form, which may require ID, proof of income, and references. If approved, you'll sign a lease agreement, pay a bond (usually 4 weeks' rent) and the first month's rent upfront.

Property for rent in Canberra Central

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9 Pictures

85 / 260 City Walk, City, Australian Capital Territory 2601 |

2601, Acton, North Canberra

1 bedroom
1 bathroom
Apartment

Located in the heart of the city this one bedroom apartment is well worth visiting. An attractive kitchen with stone benchtops and Ilve appliances and spacious living dining room with fabulous views towards the lake and lookng out over the complex swimming pool this property is for the discerning renter....

634 Property for rent in Canberra Central listings are price checked

Listings from rent.com.au, 4321property.com and 8 more

Property value calculations

85 / 260 City Walk, City, Australian Capital Territory 2601 |

12 / 27 Giles Street, Kingston, Australian Capital Territory 2604

42 / 35 Torrens Street, Braddon, Australian Capital Territory

19 / 9 Howitt Street, Kingston, Australian Capital Territory 2604

16 / 5 Burbury Cl, Barton, Australian Capital Territory 2600 |

8 / 27-29 Moorhouse St, O'connor, Australian Capital Territory

22 / 3 Tench Street, Kingston, Australian Capital Territory 2604

13/22 Canberra Avenue, Forrest ACT 2603

501/2 Marcus Clarke St, Canberra ACT 2601

28/3 Allambee Street, Reid ACT 2612

54 Lowanna Street, Braddon ACT 2612

91/7 Light Street, Griffith ACT 2603

Fabulous Foreshore! - 406/2 Kerridge Street Kingston

1/10 Dowling Street, Watson ACT 2602

Verco Street, Hackett ACT 2602

43 McKinlay Street, Narrabundah ACT 2604

(no street name provided), Downer ACT 2602

65 Darling Street, Barton, Australian Capital Territory 2600 |

24 / 10 Ovens Street, Griffith, Australian Capital Territory 2603

61 / 10 Dominion Circuit, Forrest, Australian Capital Territory

Affordable Impressive Luxury Living in Forrest

5/10 Helemon St, Braddon ACT 2612

On Forbes - On Trend Turner Apartment

37 / 7 Light St, Griffith, Australian Capital Territory 2603 |

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