The process of renting a Surfers Paradise property can be daunting if you're not sure of the procedures involved, or what it is you want. There's lots to consider both before and after you start viewings.
Whether you've rented before or are looking for the first time, here's our guidance about what to expect.
1) Know what you want
Decide what you want by considering what you need from the property, such as the number of bedrooms and amentities like a garden or garage.
If you're not familiar with the area in which you intend to rent, dedicate some time to looking around the various Gold Coast neighbourhoods. A key consideration is public transport – especially to your place of work, and conveniences that you use regularly such as supermarkets. If you have kids, check out which schools are close by and if there are child-friendly parks or other activities.
2) Create an honest budget
Knowing what you want, and which suburbs suit your lifestyle allows you to work out your budget. Take a look at your disposable income and deduct the rent you anticipate spending, as well as some money for bills and essentials. Keep doing this until you find a rental amount that leaves you with sufficient cash to do the things you enjoy.
Keep in mind that some landlords may require their tenants to have a minimum annual salary.
2) Start the search
Look online or contact rental agencies to find out what's on offer in the area. Most property managers or landlords will upload photographs, layout and other details online, helping you decide whether it is worth making an appointment to view. Each property visit takes time, so it's wise to minimise the number of inspections to the serious contenders.
3) Attend property viewings
You may view on your own, or with a number of other potential tenants. Give yourself time to have a good look inside and out to ensure every inch of the property suits your needs.
- Check how secure the property is and what state of repair it is in.
- If there is a garden, try to judge how much upkeep is required and if it is going to fall to the new tenant to look after.
- With storage and furniture, try to be realistic in considering whether you can fit your belongings into the property and if any provided furniture suits your needs.
- If you are supplying your own furniture, is there enough space for the items you already have or intend to purchase?
- Look for signs of mould or any kind of infestation.
- If particular appliances are essential for you, check they are provided and in good condition.
4) Make an application
If you find a property you are keen on, the next step is to make an application. This involves completing a form about your personal and financial circumstances and can involve references and other checks. You may be asked be pay a holding fee as well.
5) Sign the tenancy agreement
If your application is approved, you'll be notified by the agent or landlord and given the lease or tenancy agreement to sign. Take your time to look over the document and ensure you understand your obligations. If you have any questions, it's important to ask them before you sign the agreement, as it is legally binding. You'll also be asked to pay the first rent installment and your bond. Make sure to find out how much these total early on so you can have the funds ready to go when required.
6) Get ready to move in
While you're waiting to move in to the property, it's a good idea to go shopping for a few essentials – if you don't already have everything. Some properties come with more than others, so even if you've lived on your own before, you may still find that you need certain items of furniture or appliances. You can also arrange for services such as internet to be transferred so they are ready on the day you move in.
7) Move those boxes
When all of the paperwork is in order and your payments have gone through, it's time to move in. Collect the keys from your agent or landlord and get to shifting those boxes.
To find the perfect Surfers Paradise rental for you, speak to our experienced team today.