Rather than first and last, we pay the first month upfront and then a bond goes to the RTBA to cover any damages, so you still have to pay the last month rent and then have you bond refunded to you after you move out and the real estate has inspected the property. You have to inspect the property in person before you can apply to rent, though this has changed a little with covid, some places are allowing you to apply after viewing a virtual tour, but unless the place is a new and well built apartment I wouldn't trust these, you really want to get a feel for noise levels/area/apartment condition in person IMO
So, you’ve decided to take the plunge into the Melbourne apartment market—welcome aboard! Whether you’re moving from sunny Queensland or just trying to escape the clutches of your parents’ basement, finding the right apartment is no small feat. But before you start daydreaming about your new city life, let’s talk about the dark side of apartment hunting: the dreaded ‘avoid at all costs’ buildings.
First off, let’s clarify something: not all apartment buildings are created equal. Some are like that perfect avocado toast you crave, while others are more like the mystery meat you once found in your school cafeteria. You definitely don’t want to end up with a building that’s more ‘mystery meat’ than ‘avocado toast.’
The Importance of Local Opinions
You’re already on the right track by seeking local opinions. Reddit is a goldmine for this kind of information. Just remember, while everyone’s a critic, not every comment deserves your attention. Some folks might have a vendetta against a particular building just because their neighbor parked too close to their imaginary line. But there are definitely some genuine concerns to keep an eye out for.
Things to Watch Out For
1. Poor Construction Quality: If you find a building that seems to be falling apart, run! Cracks in the walls, water stains, and peeling paint are not just cosmetic issues; they can indicate serious structural problems. If the walls are crying for help, it’s time to look elsewhere.
2. High Strata Fees: If the strata fees are higher than your monthly coffee budget, you might want to reconsider. High fees can indicate ongoing issues with the building that you’ll end up paying for, and nobody wants to be the person who’s broke because of a leaky roof.
3. Management Issues: A building with a history of poor management is a red flag. If the residents are constantly complaining about repairs that never get done or amenities that never seem to work, you might be walking into a nightmare. Check the reviews and maybe even chat with the current residents if you can.
4. Location, Location, Location: Sure, you want to be near the CBD, but not all areas are created equal. Some neighborhoods might seem cool until you realize they’re actually the setting for a true-crime documentary. Make sure to visit the area at different times of the day to get a feel for the vibe.
5. Noise Levels: If the apartment is near a nightclub or a busy road, prepare for sleepless nights. Soundproofing is like the unicorn of apartment features—everyone talks about it, but few actually get it. You don’t want to be the one who’s serenaded by the sounds of late-night revelers every weekend.
The Power of Strata Reports
Yes, you mentioned you’ll review strata reports, and that’s fantastic! Strata reports are your best friend. They give you a peek into the building’s financial health, maintenance history, and any ongoing disputes. If the report reads like a horror story, it’s best to take a hard pass.
Final Thoughts
In conclusion, apartment hunting in Melbourne can feel like navigating a minefield. But with a little research, some local insights, and a healthy dose of skepticism, you can avoid the pitfalls that many first-time buyers stumble into. So go forth, brave apartment hunter, and may your search be fruitful and your future neighbors be relatively normal. Happy house hunting!
Inspired by: “What are “avoid at all costs” apartment buildings?” (r/melbourne)