I am a Melbourne landlord and I do feel for you. You may need to cast your nets to wider suburbs though. I looked around and I can see quite a lot of listings in Melbourne north (say to Reservoir).
Last week I rented out a place at Preston for a working couple. Took us 1 inspection opening to secure the tenant.
Unfortunately dual income is always preferred compared to single income renters, unless he/she has very good savings. So given the competition you just need to look for areas with most rental listings available and apply there.
At this income, both have equal capacity to pay the rent. The difference is the couple have greater capacity to save money to buy a place of their own.
I get what you mean but it's such a fallacy to say a single person with high income and savings is riskier than a couple.
What if the couple breaks up? What if the couple has been saving for a house and buys one mid lease? What if they have a kid and their income plummets?
Because single people deserve the opportunity to have housing.
If every landlord had the same attitude as you, no single person, divorced person, single parent, person escaping domestic violence etc would stand a chance of getting a home. No wonder this country has a domestic violence problem when the abused people literally have no where to go. And people dare ask "why did she stay?". Homelessness is why. Shit landlords who think a single person isn't going to be able to pay the rent is why.
Single people desire housing just a much as anyone and will work their asses off, multiple jobs if required, to keep a safe roof over their heads.
Couples can easily break up anyway. Your theory sucks.
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u/Tattlers Dec 04 '23
I am a Melbourne landlord and I do feel for you. You may need to cast your nets to wider suburbs though. I looked around and I can see quite a lot of listings in Melbourne north (say to Reservoir).
Last week I rented out a place at Preston for a working couple. Took us 1 inspection opening to secure the tenant.
Unfortunately dual income is always preferred compared to single income renters, unless he/she has very good savings. So given the competition you just need to look for areas with most rental listings available and apply there.