How much is a rental bond in Australia?

A rental bond is usually 4 weeks' rent. So if your rent is $600 a week, your bond is around $2,400. Most states and territories cap the bond at 4 weeks' rent where the weekly rent is below a set threshold, though landlords can sometimes ask for more on higher-rent properties. The exact cap and threshold depend on your state or territory tenancy authority, so check their rules before signing.

How much money do I need upfront to rent?

Upfront you generally need the bond (about 4 weeks' rent) plus rent in advance (usually 2 weeks). On $600 a week rent that is roughly $2,400 bond plus $1,200 in advance, or about $3,600 in total before you move in. Budget on top of that for removalists, connecting utilities and any contents insurance, so it pays to have a buffer beyond the bare bond and advance.

Who holds my rental bond?

Your bond is not kept by the real estate agent or landlord. It must be lodged with the state or territory bond authority, such as the Residential Tenancies Bond Authority (RTBA) in Victoria or Rental Bonds Online in NSW. That authority holds your money for the length of the tenancy and returns it to you at the end of the lease if the property is left in good order and the rent is paid up.

Rental Bond Calculator

Enter your weekly rent to work out the bond and total upfront cash you need to move into a rental in Australia.

Last verified: 5 May 2026

How much upfront cash do I need to rent in Australia?

You generally need a bond of about 4 weeks' rent plus rent in advance (usually 2 weeks). Most states cap the bond at 4 weeks' rent where the weekly rent is under a set threshold, and your bond is lodged with the state bond authority — not held by the agent. You get it back at the end of the lease if the property is left in good order. Source: state and territory tenancy authorities.

Worked example. Rent of $600/week → bond of $2,400 (4 weeks) plus $1,200 rent in advance (2 weeks) = $3,600 upfront before you move in. Budget extra for removalists, utility connections and contents insurance on top.

General information and estimates only — not financial, tax, or legal advice. Always verify with a licensed adviser or the ATO.

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How much upfront cash do I need to rent in Australia?

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