Showing posts with label renting a house in australia. Show all posts
Showing posts with label renting a house in australia. Show all posts

Sunday, December 9, 2012

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.

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.


What are some exotic or weired mammals that are allowed as pets in Q.L.D. Australia, and where can i buy them?
Q. i have lived in rented houses for 14 years ( i am 15 this year) and we just bought a house so now we can have more than one pet . i am interested in strange and different pets but my mum isn't too keen on the idea . something that's is easy to look after would be good as i am at school during the day .
i would like a mammal rather than a reptile etc because my mum doesnt like them

A. Well there are Ferrets, Chinchilla's or even rats. Both Ferrets and rats are extremely social and rats cannot be kept alone, they NEED a cage mate or they will be miserable. (please do lots of research first, Rats are wonderful but they are social and have specific needs)

As far as I know Ferrets are quite high energy and you'll need to do some reading before getting one, but they are very cute and social animals. (They are kept in cages when they can't be watched so you'd have no problems when you head to school)

Chinchilla's need to bath in pumice dust as water is very harmful to their sensitive skin so that's slightly annoying but I've heard they're interesting animals to keep.

You could also look into some kind of rabbit, they're very sweet and cuddly.

How do those sound?

ADD: Sorry, I live in Canada so I had no idea that you couldn't get ferrets in Australia (my friend is down in the states).





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Saturday, December 8, 2012

renting a house in Australia for a month?

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!


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.

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.





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Friday, December 7, 2012

Going overseas - renting my house out - do I notify my mortgage company?

Q. I am going overseas and I'm renting my house out (in Australia) I have a fixed rate mortgage - will my mortgage company charge a fee or change the mortgage rate??
Please only answer if you are in AUSTRALIA as different countries have different regulations/policies

A. Like the first poster said, not all mortgage companies allow that (mainly for insurance purposes)
If all is ok and you can do that, I strongly suggest they pay YOU the rent, not send it to your mortgage lender... the last thing you want is to go home and find out your home is in foreclosure because your tenants never paid.
Have them send payment to you, then you send it out to the lender.


How much is your monthly expense - Melbourne Australia?
Q. Hi, I'm just wondering how much everyone use for their expense.
For my case, I'm renting a house for 1343 a month, 386 car loan, around 250 for bills, insurance, phones and internet, and about 600 for food.
I am struggling a bit at the moment so I want to know how everyone else is going with expenses.

A. rent 675
expenses 300
food 100
pets 100
savannag, georgia


renting a house in Australia for a month?
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!


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.





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Wednesday, December 5, 2012

Do you have to pay your own water bills when you rent a house?

Q. I am moving into a rented house in a week and a half and was wondering if you had to connect to the water yourself or it was included in your rent? (Melbourne Australia)
I have not signed my lease.

A. Some do and some don't
Water is already connected they just read he meter each quarter or sooner.
The water is billed separate when it is due.
Water is not a huge expense if you use it wisely.


Would having asbestos in your rental property allow you to get out of your lease without penalty?
Q. Hi, Im currently renting a house in Western Australia. We recently had a pest control guy in who told us we had asbestos in the house - obviously he is not qualified to identify this- but I was wondering if this is the case and there is asbestos, am I able to get out of the lease with having the large penalties you usually get from breaking your lease? The house is quite old with paint peeling etc so I am worried the asbestos fibers being in the air.

A. lord-almighty

every building made before 1970 has asbestos in it

you don't see mass evacuation and annihilation of all our old structures all across the globe

even you elementary school house has it - as did mine

we all made it - you will too - no harm unless you are sanding the stuff - then the chances are minute - here is an example for you - you know that break liners on auto and trucks contain asbestos right? - mechanics have to breath the dust when they change the breaks on your car - you don't see them stopping your break job because of a little dust - they aren't dropping dead, you won't either

i really don't think this excuse is gonna work for you to get out of your lease - probably better find another excuse


Would having asbestos in your rental property allow you to get out of your lease without penalty?
Q. Hi, Im currently renting a house in Western Australia. We recently had a pest control guy in who told us we had asbestos in the house - obviously he is not qualified to identify this- but I was wondering if this is the case and there is asbestos, am I able to get out of the lease with having the large penalties you usually get from breaking your lease? The house is quite old with paint peeling etc so I am worried the asbestos fibers being in the air.

A. There is no such thing as asbestos paint.

Unless they are remodeling the place this poses no threat to you at all. It would not effect your lease.


Is it possible to take a home loan on a house abroad?
Q. I have an Australian wife, and she is looking forwards to moving to Australia one day, however, the home loan rate over there is usually above 7% which is much more than the relatively low 4,25% offered here.

Is it possible to pay off a house in Australia with a home loan from my country? If so, what kinds of fees are there? Any personal experience is appreciated.

A. What you ask is possible but you must use the right words.
If you can buy the house in Australia, the banking establishments
want you to make the mortgage payments. They do not care
how you do it.

If you can borrow the money here against the property you
have here and use the funds to pay the mortgage there, all is
well as long as the banker here gets their mortgage payments.
If one of the properties is rented, or used for housing for a
relative (who pays enough to make the mortgage payments)
again all is well.

In no case does Australia or America Bankers want to hear
that you are sending funds to another country. (DON'T TELL
DON'T ASK) Pay all bill Early and in full.

The usual way to handle this problem is to buy an income
producing property in the country where you are currently
living. And an income producing property in the country
where you want to live. As a result of two income producing
properties, you will have assets that will pay for the property
you want when your decide to move.

The sooner you start this project the better off you will be.





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