When your moving house?

Question

they give details about how much it cost to rent- what does "pcm" stand for next to the price?

Answer 1

per calender month :)

Answer 2

PCM = Per Calender Month, which means that you have to pay the landlord on the same date each month

They put this in most of the time. however some landlords require payment every 4 weeks which may work our slightly more expensive as there are approx 4.2 weeks in a month

Answer 3

PCM = Per Calendar Month.  This is calculated by doing the following:

Weekly Rent - Eg $700 per week

Daily Rent - Eg $100 per week

Annual Rent - $36500

Calendar Monthly Rent - $3041.66

Your question mentions how much does it cost to rent.  You will need to pay some rent upfront.  In Australia if it is over $350 per week it can be requested to be paid calendar monthly.  If less than you can pay fortnightly.  This means that if your rent is $700 as per my example above then you would need to pay a full calendar month of $3041.66 upfront but if you were only paying $200 per week then they may only ask for $400 up front.

You will then have the bond that is typically 4 weeks of rent.

An agent can also charge a lease preparation fee which in Australia is normally $15 max.

Good luck!