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Rent Assistance Eligibility & Information


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What is rent assistance?

Rent assistance is a way for Australians to access a private rental property, by providing the funds needed to help pay the upfront bond. Using rent assistance means a potential renter won’t miss out on securing a rental property because they haven’t been able to save the entire deposit themselves, allowing them to enter the rental market faster.

Wanting to rent but need some help?

Rent assistance helps give younger Australians a fair go in accessing rental properties they may have otherwise missed out on.

Because Australian property prices have been on an upwards trajectory for many years now, the dream of home ownership can sometimes feel almost impossible for many younger Australians. But this doesn’t mean staying in the family home indefinitely, or living in a property that doesn’t suit your lifestyle or needs.

In lieu of purchasing a property, an increasing number of Australians are now deciding that renting is the solution for them. The challenge here is that this is causing the rental property market to become more competitive too, increasing the need to be able to act quickly to secure a rental property.

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Don’t let an opportunity slip away

This is where obtaining rental assistance from MoneyMe can be vital. If you’ve found a rental property that works perfectly for you – whether it is close to work or university, or you have the chance to rent with friends – you don’t want to miss out just because you won’t have the funds to pay the bond without saving for months.

Just remembering that rental assistance is available can give you the confidence to inspect rental properties knowing you won’t miss out because of finances.

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How do I apply?

If rent assistance sounds like exactly what you need right now, the process to apply is super simple – you can even do it from your mobile during the property inspection from your mobile!

Simply click on the “Apply Now” button, and we will guide you through providing certain personal details, such as your income and expenses, and give you a decision on your application in just a few short minutes.

Depending on who you bank with, you could receive your funds in just an hour, which means you’ll be good to sign the lease that very same day – simple!

MoneyMe also offers rental bond loan solutions such as:

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Virtual credit account up to $10,000

For everyday lifestyle purchases

Personal Loans

From $2,100 to $35,000

For the bigger things in life