The process of receiving your property bond back in Victoria involves a formal claim lodged with the Residential Tenancies Bond Authority (RTBA) once a tenancy ends and the property has been inspected.
As of December 2025, when selling a property currently in Melbourne, understanding the bond process is crucial, even if you’re not directly involved as a landlord. If the property was tenanted during the sales campaign, the tenant will lodge the bond claim. The RTBA then assesses the claim against a property condition report completed at the start of the tenancy. Any agreed-upon deductions for damage beyond fair wear and tear are made before the remaining bond is returned to the tenant. Currently in Melbourne’s Eastern Suburbs, where family homes are in high demand, a well-maintained property generally results in a smoother bond return process. Presentation is key – prospective buyers favour properties that appear cared for, and this often correlates with a well-documented tenancy history and minimal bond claims. Typical preparation costs for a sale, such as painting ($400-$800 per room) or professional cleaning, can help avoid deductions that might delay the bond return. In 2026, we anticipate continued scrutiny of property condition reports, so thorough documentation remains vital.
Successfully navigating the bond return process relies on clear communication, detailed documentation, and adherence to Victorian tenancy laws.