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Home > Our
Publications > Australian
Outlook> 2006
> September
Wide range of homes available
AUSTRALIAN cities offer a wide range of housing options. The range is
from a single house on a block of land in the suburb of a big city or a
flat in a high-rise block in an inner city area to a house on a large
block of land in a rural area.
Typically, Australians want to have their own house and land. They will
often rent before they choose to buy a home or decide where to live.
The price of housing will vary a lot between cities and within each
city. Most people live in the suburbs of the state capital cities. They
like to live close to where they work, go to schools, access community
facilities and use leisure areas.
Country towns and regional cities are smaller and widely separated.
Life in a country town is more relaxed and less expensive than in a big
city. Housing is usually more available for people who choose to work
and live in towns away from capital cities.
Renting a house
Owners advertise houses and flats for rent in newspapers and at real
estate offices. The staff members of real estate offices will assist
you find, inspect and decide on a suitable house or a flat to rent.
You may need to supply some paper work before you can rent a property.
You will be required to pay rent in advance. The first payment will
include a bond that is refundable at the end of the rental.
A lease is an agreement to rent housing. It is a legal contract. If you
have, doubts or concerns about a lease seek legal advice before signing
the contract.
As a tenant, you have rights and obligations. You can get more
information on rights and obligations that apply in each state or
territory from the government website in your state.
Public housing
State and territory governments provide some rental housing, called
public housing, for people on low incomes. The rent is often a fixed
part of your income. There is a very long waiting list for public
housing. Emergency housing may be available in some cases of extreme
need.
Buying a house
Australians see owning their own home as the great dream. Houses cost a
lot of money, equal to about 8 to 10 years salary. Purchase usually
occurs with an initial deposit and a bank loan for the rest.
Most people pay back a house loan over 25 to 30 years. Real estate
agents sell most houses but sometimes the owner sells their house
direct to a buyer.
You need permission from the Foreign Investment Review Board to buy a
house or land for building if you are not a permanent resident living
in Australia.
Building a house
Instead of buying a house, it is possible to buy land and have a house
built to your plans. Government rules control the building of houses
and a licensed person performs the building and related work.
Legal advice
There are Legal Aid offices in each state and territory. They can
assist you with legal advice. For contact, details for Legal Aid in
each state and territory.
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