A rental bond — also known as a security deposit — is an essential part of almost every residential tenancy in Australia. It serves as a form of financial protection for landlords and a legal safeguard for tenants.

Bond is held by the relevant state or territory authority, not by the landlord themselves. This ensures the money remains secure and impartial throughout the lease period.

So you’ve just landed in Australia — welcome! 🇦🇺✨

Before you rush to sign your first rental contract, take a few minutes to understand what you’re agreeing to.

A lease in Australia can be quite different from what you’re used to in Vietnam — and asking the right questions will save you stress (and money!) later.

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