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

When renting in Canberra, apart from monthly rent, consider additional costs such as utility bills (electricity, water, gas) averaging $200-$ 300 AUD/month, internet around $60-$ 120 AUD/month, and renter's insurance approximately $20-$ 40 AUD/month. These costs can vary based on your property's size, location, and usage. Always enquire about what's included in your rent.

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

Typical upfront costs when renting in Canberra include the first month's rent, a security deposit (usually equivalent to 4 weeks' rent), and an application fee (around $20-$ 100 AUD). There might also be costs for a professional moving service, if used. These can significantly vary, so it's wise to budget accordingly for these initial expenses.

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

In Canberra, Australian Capital Territory, Australia, the typical lease agreement duration for residential properties often ranges from 6 to 12 months. However, it's not uncommon to encounter leases that are set for longer periods, particularly for tenants and landlords looking for stability and longer-term arrangements. It's important to negotiate terms that meet both parties’ needs.

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

Yes, when renting a property in Canberra, Australian Capital Territory, Australia, it's standard practice to pay a security deposit, often referred to as a bond. This is typically equivalent to 4 weeks' rent and is lodged with the ACT Revenue Office. The bond is returned at the end of the tenancy, subject to property condition. For more details: http://www.revenue.act.gov.au/

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

The rental market in Canberra is more competitive and expensive compared to cities like Adelaide and Hobart. With an average house rent of about $ 770 AUD in Canberra, it greatly surpasses Adelaide's average of $ 430 AUD and Hobart's $ 495 AUD. These differences highlight Canberra's high demand and tight vacancy rates compared to the broader Australian rental market landscape.

Property for Rent in Canberra

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14 / 20 Allara St, Canberra, Australian Capital Territory 2601 |

2601, Acton, North Canberra

1 bedroom
1 bathroom
Apartment

Welcome to your new home in the heart of Canberra City! This stunning one-bedroom apartment is the perfect place for singles or couples looking for a stylish and convenient lifestyle. As soon as you step inside, you'll be impressed by the sleek and modern design. Featuring high-quality finishes and...

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