A Bond is a security deposit held by the Rental bond board until you move out. It is usually about the same cost as one month’s rent. It will usually be refunded fully if you don’t owe any money on rent and have not caused any damage to the house or property.
Sometimes landlords or Real Estate agents attempt to charge you more out of your bond than they should. If you think you’ve been treated unfairly it’s worth trying to negotiate with them about it as a first step, and then contacting your Tenants Union or other advisory service who can advocate on your behalf.
You can get advice on issues such as how to get your full bond back, or how to come up with your bond in the first place from the following services.
If you are eligible for a Centrelink payment, you might be eligible for rent assistance and a bond loan.
If you are transitioning from care, you may be eligible for a Transitioning to Independent Living Allowance (TILA). This is a one-off payment from the government for $1500 for care leavers aged 15-25 years, to pay for things like a fridge, bed or other furniture needed for housing. To find out more information:
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