Hey all,
Thought I'd ask the OzBargain community for some advice/suggestions on securing a place to rent.
My situation:
- 28 yrs old, lived with parents up till now, but certain circumstances have changed and now need to find a place to live
- Currently unemployed (am job hunting) but have a reasonable amount of savings ~$30k
- No debts or financial obligations other than HECS, and good credit rating (based on last credit check about a year ago)
- No rental ledger/history or tenancy references to provide REA/Landlord
- Looking for places within Western/South West Sydney, i,e Liverpool, Fairfield, Parramatta, etc
- Looking for 1 bedroom units or studios. Don't need a whole lot of space.
As this will be my first foray into looking for a place to live, I have no experience in dealing with REA/Landlords or how to maximise the likelihood of successfully securing a place to live.
Since I'm currently unemployed and my taxable income for 15-16 financial year was less than $47k, I have been looking at some properties that have enrolled in the NRAS scheme; what's the likelihood that they'd consider me eligible despite being currently unemployed?
I have considered maybe offering to pay upfront 6 months rent + bond, as a way to inspire confidence. Has anyone tried this tactic, and did it work for you?
I'd appreciate any help I can get on this matter, as it's a bit daunting.
Cheers all!
What kind of income do you expect to earn once you get a job? How soon do you expect to find work? I would guess the average rent is Sydney is $500 or so (obviously cheaper if you goto a dodgier area), that would eat up your entire savings pretty fast. Or do you plan to live with other flat mates?
I think you may struggle being approved by the real estate agent without a job. They generally ask for payslips.