Settlement guide
STEP 2Essential

Housing and real estate

How renting works in Victoria: bonds, condition reports, rent increases, share houses and what to do when something goes wrong.

Where to look and how prices are quoted

  • Whole properties: realestate.com.au and domain.com.au. Rooms in share houses: Flatmates.com.au, Facebook groups, and the share house board on Settlely.
  • Rent is quoted per week. A calendar month is the weekly rent x 52 / 12, not x 4.
  • Inspect in person or by video call with someone you trust before paying anything. Never pay a "deposit" to hold a place you have not seen.
  • Rental bidding is banned in Victoria. An agent cannot ask you to offer more than the advertised rent.

Bond: the rules that protect your money

The bond is a security deposit held by the Residential Tenancies Bond Authority (RTBA), a government body, not by the landlord or agent. If your bond is not lodged with the RTBA, it is not protected.

  • The bond cannot be more than one month's rent unless the weekly rent is over $900.
  • You must receive an RTBA receipt by email or post after lodgement. If it does not arrive within a couple of weeks, ask the agent, then contact the RTBA.
  • From 9 September 2026 renters can pay the bond directly to the RTBA, and from 1 July 2026 you can transfer an existing bond to your next rental.
  • In a share house, never hand bond money to a housemate. Have your name added to the bond with the RTBA transfer form.
  • From 13 October 2026 the rental provider must tell you in advance and show evidence before claiming any of your bond at the end.

Condition report: do it properly on day one

  • You get a condition report before or when you move in. Walk through every room, add anything that is dirty, damaged or broken, and take dated photos.
  • Sign and return your copy within the deadline on the form (a few business days). If you do not, the landlord's version stands.
  • Keep your photos until your bond is refunded. They are your evidence at the end of the lease.

Rent increases and ending the lease

  • Rent can go up only once every 12 months, and only if a fixed-term lease has a rent increase clause.
  • The notice period is 90 days (changed on 25 November 2025) and it must use the official Notice of Rent Increase form. A text message is not valid notice.
  • If an increase looks excessive, ask Consumer Affairs Victoria for a rent assessment or apply to VCAT within 30 days of the notice.
  • The property must meet minimum standards (heating, hot water, working locks, window coverings and more). Since 13 October 2026 providers must keep records proving this.
  • A landlord cannot end a fixed-term lease at the end just because it ended; they need a valid reason listed in the Act.

Share house checklist

  • Get your name on the lease, or at least a written sub-let agreement with the head tenant. A verbal deal gives you no rights.
  • Agree in writing how bills (electricity, gas, internet, water usage) are split.
  • Ask who holds the bond, what notice is needed to leave, and whether the room is furnished.
  • If something feels wrong, Tenants Victoria gives free advice in several languages.

Checked against official sources on 2026-10-13.

Rules and fees change. Confirm on the linked official page before you act.