Q. My sister, best friend and I are planning to visit Australia for a month this November and we want to stay for almost a whole month, we want to rent a house instead of staying at a hotel ( we couldn't afford to stay for a whole month in a hotel) is there a website where we can look at something like vacation houses for rent. about how much would it cost is u.s $$$ to rent a house for a month?
A. Landlords here are VERY picky who they rent to.
Sure, there will be temp rentals available but you will pay big bucks, there will be heavy conditions attached to the rental and a massive bond, or what you call, security deposit. Google Australian housing rentals --it aint that hard!
Sure, there will be temp rentals available but you will pay big bucks, there will be heavy conditions attached to the rental and a massive bond, or what you call, security deposit. Google Australian housing rentals --it aint that hard!
Can anyone tell me how much approx utility bills are in Adelaide, Australia?
Q. We currently live in the UK and will be moving out shortly. We are looking at probably renting a house that cost $300 AD (3 bedrooms) per week - what are the approx prices for phone line, internet, gas, water, electricity, insurances, etc we should be budgeting for and are there any other hidden extra charges that we should be thinking of.
A. Well my electricity bil is $600 a quarter, Gas is $100 a quarter, Water is $400 per year, we have our phone and broadband combined with iprimus and that costs us $150 per month. My car insurance is $350 per year, Foxtel is $100 per month, Car registration is $500 per year. An average family with 2 kids would also spend about $300 per week, well we do anyway.
How much Should I pay a real estate in Melbourne ( Australia) for renting a house?
Q. I am going to rent a house or an apartment in Melbourne but don't know how much I should pay to a real estate fo renting an apartment.
A. Go to www.realestate.com.au click on rent and follow the instructions to check what is available and at what prices in Melbourne. There is a real rental shortage in Melbourne so prices are high and agents hold 'open houses' to show properties to potential renters. Tons of people turn up for these 'open houses' so you will be competing with lots of others trying to get a place. This doesn't give you much power. You have to accept places as they are on the spot. Their is no,"I'll take it if the landlord does this or that."
How much does it cost to buy a house in the USA?
Q. What is the average price of housing? And how much is it to rent per month on average?
I'm not thinking of moving, just wondering if it was less or more expensive than Australia. Housing prices over here don't differ a whole lot really. They used to but not anymore.
OK well I am in WA and for a nice home in a middle class suburb will cost around $500-650k The cheaper suburbs are around $280-400k and the flashier area homes about $800k-millions.
Housing has gone up so much in the last few years it has gotten ridiculous and first homebuyers are having to pay $2000-3000 per month for their repayments! Our house cost $350k and our repayments are $2500 a month which is like 80% of our entire income as my husband is still at uni at the moment.
I'm not thinking of moving, just wondering if it was less or more expensive than Australia. Housing prices over here don't differ a whole lot really. They used to but not anymore.
OK well I am in WA and for a nice home in a middle class suburb will cost around $500-650k The cheaper suburbs are around $280-400k and the flashier area homes about $800k-millions.
Housing has gone up so much in the last few years it has gotten ridiculous and first homebuyers are having to pay $2000-3000 per month for their repayments! Our house cost $350k and our repayments are $2500 a month which is like 80% of our entire income as my husband is still at uni at the moment.
A. Cost of a house? the cheapest single family detached houses are probably around michigan right now, around $30,000 (for the lower end). For most of the country it would be reasonable to expect to pay $200,000-$300,000 range - but you can still get a townhouse for the 100k-200k range. For more expensive markets (New York, Cali, etc) It is challenging to get a not so great house for less than 300k (great being judged by location) and can go up into the millions.
As for renting an apartment - it really depends on where and what your needs are. If you're willing to share with several people you can often pay 1/2 as much as living alone. In more depressed areas that is the $200-400/month range, 400-800 for most areas, and maybe 800-2500 for larger cities.
I'd recomend you take a peak at www.craigslist.org for whatever destination you have in mind. If you're a foreign student looking to come to america - contact the student organization of your prospective school, they often have foreign-born ethnic clubs that assist new students with this sort of new information.
Personally, I live in Thailand, easy to rent a very nice place for USD $100/month here for 8 months and work the other 4 months in london - the pound still goes very far here.
(Added)
I was looking at buying property in australia recently - even though the market has gone up a lot there - it's still better than the american market. Avoid places that have gone up a lot (like perth) for more steady places (I like adalea in south australia personally). When buying investment prperty, it's best to look at the capitalization rate (The % of net income you will get on the purchase price). On the whole the cap rate in australia is still higher than the USA (an average I am guessing based on personal knowledge, some markets will outperform others naturally).
Not to mention that it's easier to get a loan in australia than america - a colleague of mine got approved for a 95% mortgage just yesterday in autralia - you can't get that anywhere stateside these days.
As for renting an apartment - it really depends on where and what your needs are. If you're willing to share with several people you can often pay 1/2 as much as living alone. In more depressed areas that is the $200-400/month range, 400-800 for most areas, and maybe 800-2500 for larger cities.
I'd recomend you take a peak at www.craigslist.org for whatever destination you have in mind. If you're a foreign student looking to come to america - contact the student organization of your prospective school, they often have foreign-born ethnic clubs that assist new students with this sort of new information.
Personally, I live in Thailand, easy to rent a very nice place for USD $100/month here for 8 months and work the other 4 months in london - the pound still goes very far here.
(Added)
I was looking at buying property in australia recently - even though the market has gone up a lot there - it's still better than the american market. Avoid places that have gone up a lot (like perth) for more steady places (I like adalea in south australia personally). When buying investment prperty, it's best to look at the capitalization rate (The % of net income you will get on the purchase price). On the whole the cap rate in australia is still higher than the USA (an average I am guessing based on personal knowledge, some markets will outperform others naturally).
Not to mention that it's easier to get a loan in australia than america - a colleague of mine got approved for a 95% mortgage just yesterday in autralia - you can't get that anywhere stateside these days.
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Thank you for such helpful tips!
ReplyDeleteI am seeing that you are selling home. I have also a site related to you.
There are so many people who have been thinking which one is the best option for them when it comes to getting a house of their own-to buy or rent? Go over this article so you weigh the pros and cons of each of this option.
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Your regards
Alfaj Ripon