Hi everyone, I am about to sell my country home and buy an apartment in the Melbourne CBD (yeah people keep telling me I'm nuts but hey too much serenity gets a bit boring).
I'll be between places to live while I sort out my new loan and find a place I like. I don't want to be forced to buy something too soon, so I want to find a nice apartment/room to stay in for a month, or two, or even three. It's kinda hard, everyone wants a 6 month minimum, and Airbnb is super expensive.
I have found 3 month leases for apartments, but the websites I've found them on seem kinda sketchy? Has anyone been in this boat before? Any advice?
The month-to-month places are usually for aimed at corporate long-termers. They're usually furnished and the price per week is about double that of a typical apartment rental. So if you're going to be there for anything more than two to three months, you're better off getting a six month rental through a typical real estate agency.
If you're coming into the CBD to find a place, the typical settlement is sixty to ninety days anyway, plus you might want to do some renovations after getting the keys. So it may well take six months before the place you buy is ready to move in.