Moving house without tears – 1988
29 years ago our Founder and Managing Director, Sandra Gravlee moved from Melbourne to Sydney. In 1981 in Melbourne she started her own corporate relocation company, on moving to Sydney this company became known as Sydney Relocations and with continued strong, national growth the business soon became Australiawide Relocations, our company name today. The Northern Herald published an article in February 1988 which we are proud to share with you, a little insight into our history.
Explaining the nuances of the Australian rental market to Expats.
Transferees who relocate to Australia to work in one of our cities or major regional centres, will find they are spoilt for choice when it comes to considering where to reside. Our residential areas are wide spread offering urban, suburban and rural lifestyles and in many cases beachside locations as well.
Expats have a choice of where they can live. Being such a culturally diverse country, children assimilate well into our schools and Expats are welcomed into their local communities.
The rental market in Australia operates very differently to Europe, the USA and indeed many of our Asian neighbors as well. One of our priorities when working with an Expat is to explain this.
Rental properties in Australia are not multi listed with different Real Estate Agents. Each Real Estate Agent office manages its own portfolio of rental properties, which they do so on behalf of the property owner, the Landlord. Real Estate Agents do not share their rental listings with each other. Each Landlord pays their agent a property management fee. The Tenant does not pay this in Australia.
The majority of rental properties are managed by Real Estate Agents, although some Landlords do choose to manage their own rental property, which is permitted, provided they adhere to the Residential Tenancy regulations.
Each State in Australia has its own Residential Tenancy regulations in place and there are some variations when it comes to the terms and conditions contained within the lease agreement. For example, notice periods prior to vacating, break lease conditions and swimming pool safety compliance.
Australia is experiencing low rental property vacancy rates. There is quite a bit of competition for rental properties, they come and go on a daily basis. The majority of rental properties advertised at any given time will be available to lease and occupy within 1-‐3 weeks. We always recommend to our Expat transferees, coming for a pre-‐move visit to secure a rental property, that they time this for no more than a month before permanent relocation, to avoid paying rent unnecessarily for an extended period of time.
Where there is high demand for rental properties the rental prices are also high. Prices do vary depending on location – beachfront, waterfront, proximity to the central business districts, public transport and good schools.
The maximum fixed term on any residential tenancy agreement is 3 years. However the typical fixed term lease period is 12 months. On conclusion of the fixed term period, subject to both parties agreeing, the tenancy can be renewed and fixed for a further agreed specified time or continue on a month to month basis.
What is the definition of a furnished and unfurnished property? This does cause confusion from time to time. When properties are listed on the internet for lease, often the photos have been taken when the property has been occupied and therefore show furniture in the rooms. Unless the advertisement expressly states that the property can be leased fully furnished, then it is available for lease with no furniture.
If unfurnished, a property will only include installed/fixed appliances. For example, stove, oven, rangehood and dishwasher are the typical inclusions in an unfurnished property. Some new apartments may include a clothes dryer and/or washing machine and occasionally a property may have a built in fridge and/or microwave.
Unfurnished properties are far more common than fully furnished.
Utilities are not typically included as part of the rent. It is the Tenants responsibility to arrange connection of their utility services, like gas, electricity, internet, telephone and Pay TV (if required). We assist our Expat transferees to set these up. If a property has a separate water meter then the Tenant will also pay for water consumption.
Australia is a great place to live and for those Expats who embrace what it has to offer, really enjoy their time here.