Minimum standard requirements for rental properties.
At OBrien Real Estate Ringwood we pride ourselves on our informative approach in all things Property Management. We strive to ensure our client’s property assets are protected and any risk of mitigation is minimised.
We have witnessed property investors fall into common traps when purchasing investment properties.
As you may be aware, the Victorian tenancy legislation now requires all properties to meet the minimum standards as stated on the Consumer Affairs website. The standards include:
- Securable and/or lockable windows
- Window furnishings on all living areas and bedrooms
- Homes to be structurally sound, weather-proof and mould-free
- Deadlatches/deadlocks on all external doors
- Keys provided for all lockable doors
- Vermin proof rubbish bins (generally this would be provided by your local council)
- Adequate ventilation in bathrooms and toilets
When assessing a property’s suitability as an investment, it is important to have good knowledge of these requirements to avoid unnecessary extra costs to prepare the property after settlement.
For further information please visit the Consumer Affairs website
Don’t forget, our professional team are always available to provide any advice or guidance throughout the process.
Feel free to reach out at anytime
OBrien Real Estate Ringwood
9879 6335
christine.turner@obre.com.au
