Fact Sheet 10: Maximum bond amount and rent in advance

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This page is about changes to Victoria's renting laws that have not happened yet. They will be in place by 29 March 2021.

For information on current laws, view our Renting section.

Rental providers (landlords) are only able to ask for a maximum of one month’s rent as a bond for all rental agreements under a certain amount of weekly rent. This amount of weekly rent will be increased.

For most rental agreements, the maximum amount of bond is one month’s rent, and the maximum amount of rent in advance that can be asked is also one month’s rent.

This does not apply for rental agreements with a weekly rent over a certain amount.

Community consultation on this amount finished in late 2019 on the Engage Victoria website. The final amount will be in the Residential Tenancies Regulations 2020, which will be made before 1 January 2021.