6 Month Rentals - Melbourne.

[Mark 1234]

Okay, so here's the plan. I have PR, the wife's Aussie. We are going to spend the next four European winters in Melbourne (October - end of March). What are the chances of finding a fixed base for these 6-months over the next four years. We would need partially/fully furnished, one-bedroom or studio, and to smooth the way we could probably pay the full 6-months rent in advance. Preferably Northern suburbs (Thornbury, Northcote, Merri etc). Looking between $1000 - $1300 per month. The fifth year would probably be a 12-month rental as I want to apply for citizenship.

 

The problem is that I don't want to spend every year hunting down new places, buying, then selling furniture appliances etc.

 

Any advice would be greatly appreciated.

[Petals]

Hi Mark sorry no-one is answering, however that is because most people are permanent movers and therefore not using the same type of property. I think you would have to get a holiday let to cover what you need. Probably moving around each time you come over. Why not buy a house and rent it for six months and live in it for six.

[furkew]

You will find your budget is going to be your first hurdle.

 

Something half decent furnished including the peak period is going to cost (I would guestimate) at least $350.00 per week. also, a property owner can never guarantee 3-4 years up front, because of the circumstances of the property owner can change. (they might guarantee it verbally to lock you in initially of course)

 

I think the suggestion Petals makes, buy and rent out is maybe a good option. Firstly it will be a return on your investment if rented out, but also gives you a foot on the property ladder over here, and anything bought now is guaranteed worth more in 5 years time if you want to sell up and move on.

[AJ]

Cant help you with rental but watch how long you are out for your citizenship. You have to spend 4 years in Australia the last year must be as PR and you cant be out for more than a year total in that time - I know as I done it and having to wait longer for my citizenship.

[Mark 1234]

Thanks for the honest replies.

 

Yes, the citizenship would have to come with the resident return visa. As for buying a property, I have one in Europe and really don't want the burden of an Aussie mortgage. Thanks again, looks like it'll become an annual hunt

[footballnotsoccer]

I know that there is plenty of property around Melbourne, some sit empty for a while, you should have no problem finding a rental each time, the furniture etc would be a pain, but you can budget for it..!!

 

We have used a short term renter at $500 a week...so it would be pricey for you..

GL..FNS

[dmjg]

You could always store your furniture for 6 months at a time, it's not much in the grand scheme of things.

 

http://www.publicselfstorage.com.au/storage-sizes-and-rates.htm

 

ETA - For $300 p/m you can get one that will store the car as well...