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This blog explains how buying, building or renting a house works in Australia. It makes an interesting reading for newbies and outsiders, expats and newcomers, basically anyone who is not familiar with Australian real estate market.
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It’s a very rare situation when a person arrives to a new country and starts new life by buying a house – usually the first year or two they rent a place to live. We all have been there and there is enough pressure, so no one wants to add to it. We want to take time, get familiar with the new city, find a job, get stable income – then we’ll feel confident enough to buy a house.
So having said that renting can’t be avoided – how do we find a rental property in the most “painless” way? This is what I’ve found while searching for a house to rent:
First we need to understand where we want to live and it’s a complicated task – so let’s make it simple. Usually we choose list of suburbs we’d like to live in, based on how close they are to our work (and kid’s school, in case you have them). Choosing no more than 3 - 4 suburbs is very important, otherwise the list of rental houses you have to go through will be too big.
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[...] took me about two weeks to understand how renting a house works in Australia. In the beginning I was very surprised that the real estate agents were reluctant to help [...]
Pingback by Starting a new life in Australia, part 1 | Home I Own, Aussie Real Estate Blog — February 11, 2009 @ 10:17 pm