Upfront entry costs - renting

The only up-front entry costs an owner or agent may charge a tenant when beginning a tenancy are:

  • a rental bond (a security deposit up to the cost of four weeks’ rent) – see Paying a bond
  • rent in advance for the first payment period (usually two weeks’ rent if rent is paid fortnightly)
  • a holding fee (if the owner agrees to hold a vacant property, for more than seven days, until the tenant can move in – this fee is usually not refundable) The owner cannot charge any other fees, such as an application fee or a fee to find a property for a tenant.

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