Private Rentals in WA
Private Rentals in WA
Blog Article
A Complete Guide to Renting Out Your Property Without an Agent
Renting out your property in Western Australia (WA) can be a smart investment, but traditional property management often comes with high costs. Many property owners are now opting for private rentals, allowing them to handle the leasing process independently and maximize their rental income.
If you’re looking to rent out your property without an agent, this guide will help you navigate the process—from advertising your property to finding reliable tenants and managing lease agreements in compliance with WA tenancy laws.
Why Choose Private Rentals in WA?
1. Save on Agent Fees
Hiring a real estate agent means paying:
✔ Leasing fees – Typically 1–2 weeks' rent
✔ Marketing fees – Charges for listing your property online
✔ Management fees – Ongoing monthly percentage of the rent
By managing your property privately, you eliminate these costs and keep more of your rental income.
Many landlords use platforms like:
◆ realestate.com.au
◆ domain.com.au
◆ rent.com.au
◆ Gumtree
◆ Facebook Marketplace
If a platform requires an agent, services like Rentscape help private landlords list on major rental websites without needing a real estate agency.
2. Have Full Control Over the Rental Process
By renting out your property privately, you:
✔ Set your rental price based on market research
✔ Personally screen tenants and choose the right one
✔ Decide lease terms that work best for you
✔ Communicate directly with tenants, leading to faster responses
Without an agent acting as a middleman, you’ll develop better relationships with tenants and handle issues more efficiently.
3. Fill Vacancies Faster
Real estate agents often manage multiple properties at once, which can delay tenant selection. As a private landlord, you can respond to inquiries faster, schedule inspections at your convenience, and secure tenants sooner.
4. Greater Flexibility in Lease Agreements
By renting out your property yourself, you can create a lease agreement tailored to your needs while ensuring compliance with WA tenancy laws. You get to decide on:
✔ Short-term or long-term leases
✔ Special conditions, such as pet policies or maintenance responsibilities
✔ Rent increases, based on WA market trends
How to Advertise Your Private Rental in WA
Step 1: Prepare Your Property for Rent
Before listing your property, ensure it meets Western Australia’s Minimum Housing Standards, which require:
✔ Secure doors and windows
✔ Functioning plumbing, heating, and electrical systems
✔ Working smoke alarms (as per WA law)
✔ Pest-free and well-maintained interiors
✔ Compliance with insulation and ventilation standards
A well-maintained property attracts high-quality tenants and reduces the risk of future disputes.
Step 2: Determine the Right Rental Price
Setting a competitive rental price ensures you attract tenants quickly while maximizing income. Research similar listings on:
◆ realestate.com.au
◆ domain.com.au
◆ rent.com.au
Consider:
✔ Location (Proximity to schools, public transport, shops)
✔ Property size and condition
✔ Current market demand in WA
✔ Recent rental trends
Overpricing your rental could lead to longer vacancies, while underpricing means lost income.
Step 3: List Your Rental on Multiple Platforms
To get maximum exposure, list your rental on multiple sites:
◆ realestate.com.au – Australia’s largest rental platform
◆ domain.com.au – Popular for property listings
◆ rent.com.au – Ideal for independent landlords
◆ Gumtree – Great for informal listings
◆ Facebook Marketplace – Free and widely used
Some platforms require a real estate agent, but Rentscape allows you to list your rental professionally without hiring an agent.
Step 4: Create a Strong Rental Listing
A compelling listing attracts more inquiries. Here’s what to include:
◆ A Catchy Headline
Example: “Spacious 2-Bedroom Apartment in Perth – Walk to the Beach!”
◆ High-Quality Photos
Take clear, well-lit pictures of key areas, including:
✔ Living room and bedrooms
✔ Kitchen and bathrooms
✔ Outdoor areas (balcony, backyard)
◆ Detailed Property Description
Include:
◆ Bedrooms, bathrooms, and parking availability
◆ Key features (air conditioning, appliances, storage space)
◆ Nearby amenities (schools, shops, parks, public transport)
◆ Lease terms (e.g., "12-month lease preferred")
◆ Rental Price and Bond Amount
Clearly state the weekly rent and required bond (WA law allows up to four weeks' rent as a bond).
◆Your Contact Details
Make it easy for tenants to inquire about the property.
◆ Finding the Right Tenants
Step 5: Screen Applicants Carefully
Selecting the right tenant helps prevent potential issues. Conduct thorough background checks, including:
✔ Rental history (Contact previous landlords)
✔ Employment status (Verify stable income)
✔ Credit and background checks (Check for unpaid debts or legal issues)
✔ Personal references (Assess reliability)
The National Tenancy Database (NTD) can help you verify a tenant’s rental history.
Step 6: Use a Legally Compliant Lease Agreement
WA tenancy laws are governed by the Residential Tenancies Act 1987 (WA). Your lease agreement should include:
◆ Rent amount and payment terms
◆ Lease duration (Fixed-term or periodic lease)
◆ Landlord and tenant responsibilities
◆ Bond details (Lodged with the WA Bond Administrator)
◆ Maintenance and repair conditions
The WA Department of Commerce provides standard lease templates to help landlords comply with regulations.
Step 7: Complete a Property Condition Report
Before the tenant moves in, document the property's condition to avoid disputes over damages.
◆ Take detailed photos of all rooms
◆ Note any existing wear and tear
◆ Provide a copy to the tenant for review and signing
Step 8: Manage Your Rental Professionally
Once your tenant has moved in, maintaining a professional approach is essential.
✔ Conduct routine inspections (with proper notice)
✔ Respond to maintenance requests promptly
✔ Keep communication clear and professional
✔ Review rent regularly and adjust when needed
A well-managed property leads to a positive rental experience for both landlords and tenants.
Final Thoughts: Is Private Renting Right for You?
Managing private rentals WA offers cost savings, full control, and flexibility. If you're confident in handling tenant inquiries, lease agreements, and maintenance, self-managing your property can be both profitable and rewarding.
With platforms like realestate.com.au, domain.com.au, rent.com.au, and Rentscape, you can advertise your private rental in WA effectively—without the high costs of an agent.
Start listing today and enjoy the benefits of "For Rent By Owner" with private rentals in WA!
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