How to pay rent or bond?

Should you be successful in your application, then to secure the unit we will ask for two (2) weeks rent in advance plus full bond payment equal to four (4) weeks rent, totalling six (6) weeks rent. The rent payment will cover the period from the commencement of the tenancy.

Payment methods

As we do not handle cash due to security, there are two options for making a payment such as rent:

• Internet bank transfer, or
• Direct deposit at any Westpac bank.

Our preferred method for rent payment is via internet bank transfer as this provides tenants with a history of their rent payment and it is much easier for us to trace your payments.

If you would like to deposit your rent directly at a Westpac bank then you simply go down to the bank and fill in a deposit form and deposit the money. The Trust Account details will be provided to you at the start of your tenancy. Always keep your deposit receipt on the left hand side of the deposit form as proof of payment. Quite often the bank may leave your reference number off your payment and make it difficult for us to track down which tenant made the payment. This deposit receipt will make it easier for us to identify any missing payments.

Payment periods

For the payment of rent, we prefer the rent to be paid fortnightly or monthly to reduce the amount of processing required and to minimize bank fees. All other payments can be made as invoiced.

Payment coding

In order to determine who paid the rent, the tenant is asked to provide a unique reference and their surname Payments via internet banking allow the tenant to enter alpha (a, b, c) and numeric characters (1, 2, 3). Payments made at any Westpac bank allow for numeric characters (1, 2, 3) only making referencing a little more difficult. The table below shows examples of unique code used for Liberta (LIB) unit 403. If you pay directly at the bank then please keep the bank payment receipt for proof of payment!!!.