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A Roof Over Your Head (Renting, Buying, Units and Houses)

Yeah this is my first time dealing with real estate and I am very cautious. Apparently the rent raising clause is common practice. The reason I will use is that the 30 day notice period they have stipulated is shorter than the legally required 60 days. That and the price is already very high. I just think that it is a bit too much to ask.

The rental demand is high but they chose me as the successful applicant 3 weeks ago and the current tennants are moving out next week. After then they will be going with out rent and will have to pay to readvertise. I wrote on the application form that I was not happy with the clause and they still chose me so they knew what they were getting.
 
I would push the point of I was you. If your happy to either live with the clause or drop the entire issue altogether then you have nothing to loose. With the long term forecast for the cash rate to increase by 200 over the next 24 months and bank effective rates to move in excess of that an over extended landlord with a mortgage on the residential home and the investment property - they are not likely to risk down time of up to 3-4 weeks.
 
phew
dodged a bullet.

crappy dickheads property management are in liquidation. if i hadn't sacked them earlier they'd owe us 5 weeks rent instead of just one.
 
You got lucky man, you would have had no chance of catching up with that money again
 
eggman it's a pity you don't have a resident crazy complaining lady who will let down that guy's tires and hassle everyone about their recycling and have people kicked out of their apartments claiming they're prostitutes...
 
Try and get the limited edition that wears a dressing gown all day every day. Though avoid the one that throws birdseed because it will accidentally (??) throw it right in your hair twice.
 
i am extremely lucky in that i managed to get a 1 bdm homeswest unit about 20 mins from where i dose about 6 months ago... before that it was sharehouse horrors!!

i am extremely thankful to have a stable place to live :)
 
Has anyone ever lived in one of these studio apartments?

I keep seeing them for sale but can't see how anyone could live comfortably in one. Surely you could never cook a meal in one, especially if you fry something, you would end up with a thin layer of oil over your damn bed.
 
the idea appalls me.

When i was looking at a place to live with by myself, studios is mainly what was in my price range and I refused to sleep in the same room as I cook in.
 
eggman said:
I live in a unit in Sydney and currently we have a fellow resident who has decided to park one car in their allocated place and their other car in the communal visitors spot. This has been going on for the last 6 months.

A group of tenants and owners have gotten together to address the issue with our strata manager who has only managed to send out a pathetically worded letter. Given several residents have already penned their own strongly worded letter this is hardly a leap forward.

According to the strata manager this is all we can hope to do and the tenant’s real estate agent doesn't seem to think it is a problem. So what next? What would you do? Go semi-postal on the fuckers or just go all Zen and live with it?
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Ahh yeah I have an issue similar to this at my block of units. There are only 8 units but only 5 have a car space (designated to a particular unit). Everyone 'cept me is a couple, so there is usually one car in the space even if all the owners aren't home. But if I'm not there, chances are my car isn't either, so visitors tend to use my spot if they are too lazy to find a street park.

My solution: put my hand on the horn till someone comes and moves. Or, I just park them in and go inside, turn the music on loud so I can't hear them knocking to ask me to move my car.

As for your situation, I would have the car towed. There must be something in the strata bylaws that stipulates that the visitor car parks can't be used by tenants. Leave a note saying that they have a certain amount of time to move the car or it will be towed.
 
Kinda off topic and I'm not even sure this is allowed, but does anyone in Melb happen to know anyone who's looking for a housemate? I moved here from Perth in February and I'm kiiiiind of on the verge of homelessness atm, help a fellow bluelighter out!
 
eggman said:
Has anyone ever lived in one of these studio apartments?

I keep seeing them for sale but can't see how anyone could live comfortably in one. Surely you could never cook a meal in one, especially if you fry something, you would end up with a thin layer of oil over your damn bed.
Click to expand...

They're horrifying. One of my exes lived in one. I think I went there about 3 times. Only a bar fridge, and a single hot plate. No room to cook anything really, and is was so claustrophobic. The bed took up most of the floor. No couch or anything, and there was only room for a tv or a pc.
 
^ Yeh I lived in one for a year too back in my uni days. I wouldn't recommend them at all. It makes such a big difference having a separate bedroom/kitchen/living room.
 
well after over 2 months of applying for rental properties and being rejected we finally managed to get one through a family friend.

For any one else in Perth how have you found the rental market lately? Every place we looked at had 20+ other applicants there looking at the same time. The ones we applied for all told us our application was good but they found some one else. We are professionals in out mid 20s and offered up to 30% more on the weekly rent price on a couple of occasions.

I think its a fucking sick joke that we keep on allowing people to move here when it has been obvious for the last few years that there is simply not enough housing and infrastructure to support the population.

Pretty adamant this will be the last rental before we connect the mortgage ball and chain.
 
^ I would never ever offer more rent for a place.


Is it really that bad? Can i ask where you were looking? Freo/ Inner Perth City? Was it an apartment or a house?
 
Juvenile said:
For any one else in Perth how have you found the rental market lately? Every place we looked at had 20+ other applicants there looking at the same time. The ones we applied for all told us our application was good but they found some one else. We are professionals in out mid 20s and offered up to 30% more on the weekly rent price on a couple of occasions.
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Sounds fishy. If what you're saying was true then new housing developments would be shooting up all over the place.

For those who are bagging on studios, they aren't ideal but have some perspective! A studio is better than being homeless! And for a lot of people in the world, it's practically a castle!
 
It is very difficult to secure a lease for a rental property in Perth, demand and supply at work again.

The demand is like nothing that city has ever experienced in the past. The minerals and commodity boom in WA has been a catalyst for a large inflow of labour but a lot of that work force spreads out into regional areas, it is the ancillary industries that have pushed up demand in Perth.

Then on top of that you have sea changers, working tourists and the natural progression of independent WA youth seeking residence in Perth.

I think the worst in WA is Karratha. The tenancy situation out there got so bad towards the end of 2008 people were spending $180 - $200 per week to rent fitted out steel shipping containers.

Sydney and Melbourne both have the same problem as Perth but the big difference is that the population progression has always trended upwards. Unlike Perth who had a population spike, the writing was on the wall for Sydney and Melbourne and no body paid attention until it was all too late.

So now you have 40+ people inspecting 1 and 2 b/room units with an 80% formal submission rate and as a result we have hopeful applicants offering sly payments to real estate agents, bidding up rents and agreeing to ridiculous terms in the rental agreements. These types of things have been happening in New York and London for years with rent control apartments where by you can secure a place at 1971 era weekly rental rates but you have to pay a $5,000 finders fee to the agent and another $2,000 levy to property owner for providing the opportunity. So just like in the US and the UK ....

.....the rich eat you!
 
Yep the rental market in Perth is pretty tight. Property prices in general have been going nuts for a while here now.

@ Benefit: New housing developments are springing up all over the place but I think the builders and developers cant keep up with the demand.

If you were looking way out in the far distant outer suburbs you would be able to get something easier (like an hour from the CBD) but anywhere decent is a bit of a push. I dont think we had 20+ applicants at any of the houses we looked at but we did have to look for a while to get anything that we liked and we did get turned down a couple of times. Also the rental prices are ridiculous compared to what they were 6 years ago when I first moved back here. Pretty much double the rate now.
 
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