The Residential Tenancies Act (the main law covering renting in Victoria) does not mention pet bonds.
If you want to take a pet bond and the original weekly rental amount was less than:
- $350 per week in a lease of up to five years, or
- $760 per week in a lease of more than five years
you must apply to the Victorian Civil Administrative Tribunal (VCAT) to seek approval to take more than four weeks’ rent as a bond.