As the Uni year starts each year around Australia many overseas students will be advised that they have been awarded a place in universities like Melbourne University and RMIT. They will be excited to live in Australia.
Sadly, many will be simply unable to find decent rental accommodation due to the very low rental vacancy rate in Melbourne at just 1.8%, an 18 year low.
Students are being turned away in droves as landlords say they can rent to young professionals and so why should they rent to students without any rental history or track record? Students are the least favoured tenants.