Hi All, offering our IP as pet friendly to attract tenant in a softening Perth rental market. Not entirely sure how much to ask for as the pet bond. I recall Steve writing $100 in his early books. Wondering what others on the site request nowadays.
Perhaps let me know how much additional rent you collect allowing for the pets too (+$10, +$20 per week?)
Thanks in advance.Hiya,
Luckily you’re in WA – this is the only state that allows a pet bond. The maximum you can charge is $260 on top of the standard 4 weeks rent.
You’re not allowed to charge / collect any additional rent though I’m afraid. Indirectly however, allowing for pets increases the size your prospective tenant base, thereby increasing supply and possibly allowing you to have a higher price than those don’t allow pets.
Given the current state of the Perth rental market (highest vacancy rate in 20 years), I think allowing pets is necessary to not rule any potential tenants out.
D.T. | DT Property Management
http://www.dtproperty.com.au
Email Me | Phone MeAdelaide Property Management - whole Adelaide metro
Thanks for the detailed reply DT. Great to know what I can charge for pet bond and to know that I can’t specifically bump up the rent for the pet. I have had quite a bit more interest in this property offering it as pet friendly than I did for my other (non pet friendly) property earlier this year!
You must be logged in to reply to this topic. If you don't have an account, you can register here.
