\n <\/a><\/a>\n <\/p>\n<\/div>\n\n\n\n When you rent a home it means that you (the \u2018tenant\u2019) pay money (called \u2018rent\u2019) to the owner of the property, who will \u2018lease\u2019 the property to you through a lease agreement for a period of time. <\/p>\n\n\n\n In this article, we expand on the basics of how renting and tenancy work, where to find affordable housing, what your rights are under the law, and who to turn to for help when things go wrong. <\/p>\n\n\n\n Renting a home can be an exciting and liberating experience, giving you the flexibility and freedom to live life on your own terms. However, it also comes with its own set of hurdles. <\/p>\n\n\n\n Renting means that you have fewer rights over the use of the property, so any modifications must be done with the permission of the landlord. <\/p>\n\n\n\n As you don\u2019t own the property, there are some circumstances in which you may be asked to vacate the property. But there are laws<\/a> protecting you from unexpected evictions.<\/p>\n\n\n\n Renting a home comes with advantages and disadvantages compared to owning a home. When house prices are high, renting tends to be more affordable, except in the very long term. Most rentals tend to be leased for a year, but people often rent for a long time after the initial lease is over. Many tenants worry about rents rising but also the cost and insecurity of moving to a new rental.<\/p>\n\n\n\n When renting, although you occupy someone else\u2019s property, you are paying a significant amount of money to live there and use the home as you\u2019d like. However, many landlords view the property as their investment, rather than a service they supply to you. At times, this can lead to disputes over the use of the property. <\/p>\n\n\n\n There are a few different types of rental property. While this page focuses mainly on private rentals, we\u2019ve listed some other types below. All types of rentals are regulated by laws in your state or territory in order to protect your right to a home, and the owner\u2019s property.<\/p>\n\n\n\n A private rental is an agreement between you (the \u2018tenant\u2019) and a rental provider (the \u2018landlord\u2019). This is where the landlord owns the property, then leases it to you and takes the rent money as a form of income or investment. <\/p>\n\n\n\n Payment for the rental and communication is usually done through a real estate agency that manages the property on the landlord\u2019s behalf. However, it\u2019s also possible to rent a property directly from the landlord.<\/p>\n\n\n\n Rental housing for people on low incomes is usually known as \u2018social\u2019 housing. It\u2019s especially for those who have recently experienced homelessness or family violence or have other special needs. <\/p>\n\n\n\n The lease is an agreement between you (the \u2018tenant\u2019) and the owner or manager of the housing, which is:<\/p>\n\n\n\n Social housing has lower rents than private rentals and usually has strict eligibility requirements. Due to a limited supply of housing, the waiting lists are usually long for these types of rentals.<\/p>\n\n\n\n![\"Young](\"https:\/\/studiokettle.com.au\/wip\/living-costs\/wp-content\/uploads\/home.png\")
<\/figure>\n\n\n\nChallenges and considerations<\/h2>\n\n\n\n
Making it yours <\/h3>\n\n\n\n
Uncertainty<\/h3>\n\n\n\n
Safety and security<\/h3>\n\n\n\n
Ownership versus occupation<\/h3>\n\n\n\n
Types of rental property <\/h2>\n\n\n\n
Private rentals<\/h3>\n\n\n\n
Social housing<\/h3>\n\n\n\n
Who are you renting from?<\/h4>\n\n\n\n
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Eligibility and waitlists<\/h4>\n\n\n\n
Where to find information<\/h3>\n\n\n\n