The Advertised Rental Price

Residential properties must be advertised for rent at a fixed price.

This includes advertising on the internet, in a newspaper, in an agency window or other advertising. However, the rental price does not need to be included on ‘for rent’ signs displayed outside the property.

If the rental premises are not advertised at a fixed price, the lessor or agent cannot accept a rental bond from the tenant and may face penalties under the Act. This does not apply to rooming accommodation.