How Does Renting an Apartment Work? Is There More Payments? (Melbourne)

Hi! :)

I'm looking at renting an Apartment in one of the high-rise buildings in Melbourne, whether I'll go through with it or is it a good deal or not, I'll have to decide for myself depending on our needs in the future and lifestyle - but there's just some things I would appreciate knowing if anyone has an insight on the matter

For example: 1 Freshwater @Melbourne

So let's say I rent an apartment -
I pay rent to the Agency / Landlord
I pay utility Bills such as water / gas / electricity - is it directly or is it a shared commodity of the building?

Besides these 2 payment aspects, do I need to also pay the Building for maintenance and keeping its facilities running? or is that payed through the Landlord?

I'm just wondering is there other payments besides Rent and Utilities (still not sure how utilities work in those buildings)

Thanks in advance to anyone who may have an insight :)

Comments

  • +7 votes

    Generally, you pay Rent + Utilities (e.g. Elec, Gas, Internet).

    Covered in your rent, paid by landlord = Strata, Water, Council rate.

    •  

      Brilliant , thought as much! Thank you so much!
      Few fun questions if I may

      1) Wth is Strata ? Lol, sorry! new houseowner-to-be :)
      2) So like, I wouldn't be expected to pay for maintaining a pool a yard or the Gym?

      Once again, thank you so much.

      • +4 votes

        1) strata is what owners of the apartments pay to maintain all of those shared facilities, such as elevators, cleaning hallways, yards, pools, gyms, etc…
        2) no you wouldn’t pay this directly, but an apartment that offers a pool or gym will cost more in rent than one without, so you will indirectly be paying for it through your normal cost of rent.

        •  

          Thank you both so much, gave me some clarity regarding the matter.

          Thank you πŸ™πŸΌ

      • +1 vote

        In an apartment, you would only be up for rent and utilities. In a house/townhouse etc. you may be responsible for the pool/garden etc. In that situation, it would depend on the landlord and what your contract says.

        •  

          Yeah, I've rented houses before, not too fond of the constant maintenance and so many things to cost in bills. I'd rather someone else worry for the cleaning and maintenance, I'm 22 years old not young, darnit! Lol.

          Thank you!

          • +5 votes

            @Kundi:

            I'm 22 years old not young

            Yes, you are really old!

            • +5 votes

              @onetwothreefour: And should now take out Funeral insurance and invest in a walking stick when the next bargain offer comes available. πŸ‘¨β€πŸ¦―

              •  

                @RockyRaccoon: Yep and should own his own house by now, what has he been spending his money on all these years?

                •  

                  @onetwothreefour: Nobody asked, but, I'll let the Australian Government know your opinion on how fast (or rather- slow?) they process my citizenship and get back to you with an update πŸ˜ŽπŸ‘Œ

      • +1 vote

        1) Wth is Strata ? Lol, sorry! new houseowner-to-be :)

        Make sure you understand that renting is not owning. Renting an apartment you'll be treated like an absolute scum for every little ding and mark on the walls. You don't own anything.

        •  

          I didn't think it's the same, tho my declaration still stands , never been a house owner, I will be, not yet experienced in that field

          Thank you tho πŸ™πŸΌπŸ«‚

    • +2 votes

      What I love about my apartment is that there's gas, but no gas bill.

      •  

        Yo , that'll be fun with water or electricity instead , barely using gas anyways πŸ₯²

        • +2 votes

          I cook on gas every day and water is about $110 a quarter, electricity less than $100 a month after discounts. Pity I don't own the place or I'd put in a gas oven.

  • +1 vote

    A little bit of addition to above, sometimes there is an extra cost for parking so best to check in.
    There's also sometimes an extra cost for a security card, usually its a one off payment, but you may need to do it with everyone in your family and you may need to pay if you lose it.

    Some other things I've found living in a middle of city apartment. Internet can be harder to setup, sometimes you need to get someone in (to the MDF board? or Comms cupboard) to make a connection to your apartment so worth looking into early if thats important to you. Also some places have certain zoning rules, one place I stay at have a maximum contract of 3 months (then it go's month to month) (I don't understand why).

    •  

      For the last thing, I wouldn't know better but I'm sure an agent or the landlord would be able to elaborate on that, nonetheless, thank you.

      When you mean about the parking, if the contract already comes with parking, you think it'll cost more? Or you meant just the addition of a parking spot could make a contract more expensive?

      Internet thing is important, so thanks for that too!

      Thank you so much for sharing and sparing of your time πŸ™πŸΌπŸ«‚

      • +1 vote

        When you mean about the parking, if the contract already comes with parking, you think it'll cost more? Or you meant just the addition of a parking spot could make a contract more expensive?

        It kind of depends on the place, I assume it says the place has parking, not that there's parking available? Some of the bigger ones you can pay for a space (or a few spaces) while others if its part of the unit you may just need to pay a deposit for the key fob to open the gate.
        You might also need to register your car with strata as some people try to rent out their car spaces in the city for extra $$$ as being cheaper then paying for parking and strata doesn't typically like it.

        •  

          Thank you lots πŸ«‚

  • +2 votes

    Just be careful of embedded electricity networks in high rise apartments. Depending on the apartment, attractive rents can be offset by higher electricity bills.

    https://www.google.com.au/amp/s/amp.abc.net.au/article/11653...

    •  

      Thank you!
      Tho that's a bit of an old article, couldn't the residents have become a bit more aware and probably took care of that?
      I wouldn't know, but that's definitely worth inquiring about, asking for past bills when inspecting too!

      Thank you so much 😍

    •  

      Also username checks out , seems like deceit is your field of expertise :p

  • +2 votes

    Ha. It is a bargain website. ;) Check to see if there are google reviews by tenants relating to the apartment managers and the cost of electricity. Embedded energy networks are the issue. You can’t usually shop around for cheaper deals.

    •  

      Thank you once again, a brilliant advice :)

  • +1 vote

    You’re welcome. I hope you find somewhere nice.

  • +2 votes

    Make sure that you're prepared to live through a potential prolonged lockdown in an apartment, the common facilities are closed and 2-3 people in a lift at a time and no/limited outdoor space and the CBD becomes a ghost town. Large numbers of people have moved out of apartments due to this and WFH to escape where there's more space eg backyard.

    •  

      What are all of these 'extreme' measures for? :((

      • +2 votes

        Oops, forgot to mention: COVID restrictions/lockdown.

        •  

          Like , is that the day-to-day situation, or only when there's news of potential outbreak that they do the things you mentioned πŸ₯²

          • +1 vote

            @Kundi: Depends on government restrictions, last year the lockdown lasted almost 3 months. Hopefully we don't have that again, but shorter lockdowns are still likely

            • +1 vote

              @forrester: Thank you for your take on things, didn't think of that possibility πŸ™πŸΌπŸ™πŸΌ

              • +1 vote

                @Kundi: Just remembered this post and the exact situation is happening now, and we are back in lockdown due to COVID cases…

          • +2 votes

            @Kundi: Are you coming from overseas or something?

            Australia is one of the best place to be in the world right now. We haven't had a proper lockdown in a while and at the moment they're due to outbreaks. Our version of an outbreak is 1 or 2 cases btw.

            •  

              @dchurch1: Haha, yeah. I've been in Australia since very early 2020, left later 2020, gonna be back soon, wanna shake things up

              Had enough of renting and maintaining multi story houses drove me mad with responsibilities and work - bf was no help either ;p

              I've been vaccinated with the finest that is Pfizer , so I feel rather safe.
              Flown through the world multiple times during the outbreak, as far as I'm aware I've gotten fairly lucky not to have someone cough into my eye.

              And just in general, past corona, Australia is quality af πŸ˜©πŸ‘Œ
              The people are fantastic which is something rare, alongside very high quality of life.

  • +1 vote

    Do NOT pay Water.

  • +2 votes

    I second the comment about life in a high rise apartment during a COVID outbreak. No thanks. You’ll find that due to there being no international students the costs of 1 bedroom apartments in Melbourne has decreased. You have choice now and may be in the position where you can negotiate the price. Saying this, the Federal government is being lobbied by universities to start a uni specific quarantine program. I’d try to get in before this happens.