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 from July 2020.

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.

The Victorian Government will set the certain amount of weekly rent by April 2020 following public consultation in October and November 2019 through Engage Victoria.