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How much bond you must pay

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.
Category:
Tenants and Landlords
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