In Victoria, the maximum rental bond a landlord or property manager can request is equivalent to four weeks’ rent. This applies to properties for lease, and as of December 2025, remains unchanged despite ongoing discussions about potential adjustments in 2027.
While this doesn’t directly relate to selling a property, understanding rental yields is often a consideration for Melbourne buyers, particularly in the Eastern Suburbs where investment properties are popular. Currently in Melbourne, a well-presented property in areas like Balwyn or Doncaster can attract strong rental interest, influencing its sale price. Prospective buyers frequently assess potential rental income alongside capital growth. Fletchers agents routinely provide comparable rental data during appraisals, helping sellers understand how their property’s earning potential might appeal to different buyer profiles. It’s important to note that bond amounts are regulated, and exceeding the four-week limit can lead to penalties. Preparing a property for sale often involves considering how it would present to renters – decluttering, neutralising décor, and ensuring good maintenance all enhance appeal to both buyers and potential tenants. In 2026, we anticipate continued buyer focus on properties offering strong investment returns.
The Victorian rental bond cap is a fixed amount designed to protect tenants, and understanding this regulation provides context to the broader property market dynamics.