In Victoria, a landlord can generally charge a bond equivalent to four weeks’ rent. This bond is lodged with the Residential Tenancies Bond Authority (RTBA) and is held as security for any potential damage to the property or unpaid rent during the tenancy.
As of December 2025, understanding bond regulations is particularly relevant for homeowners in Melbourne’s Eastern Suburbs considering renting their property prior to selling, or managing a property while preparing for a sale. Currently in Melbourne, the RTBA provides online tools to calculate the maximum bond allowable based on the weekly rental amount. Landlords cannot exceed this amount, and must provide a condition report at the start of the tenancy, detailing the property’s state. This report is crucial for any future bond claims. In 2026, we anticipate continued scrutiny of rental agreements, and accurate record-keeping will remain vital. Fletchers’ property management team frequently advises clients on navigating these regulations, ensuring compliance and a smooth tenancy experience. It’s important to realise that disputes over bond claims are common, and a detailed condition report is the best preventative measure. The process of claiming against the bond can add time to a sale if the property is tenanted.
The Victorian bond system aims to protect both landlords and tenants, providing a clear framework for managing security deposits.