If your rent is $350 a week or less, the bond cannot be more than the equivalent of one month's rent.
A landlord or estate agent may charge a bond that is more than one month's rent if the:
- tenancy agreement states that the property is the landlord's principal residence and the landlord intends to resume living there at the end of the tenancy, or
- rent is more than $350 a week, or
- landlord or estate agent gets an order from the Victorian Civil and Administrative Tribunal (VCAT) setting out the amount of the bond.