🇦🇺Australia

Bond Dispute Costs

2 verified sources

Definition

Inadequate or disputed move-in/move-out inspections lead to Residential Tenancies Tribunal claims where lessors forfeit part or all of the bond (typically 4 weeks rent, avg AUD 2,000) plus legal costs and interest penalties.

Key Findings

  • Financial Impact: AUD 2,000-10,000 per disputed tenancy (bond + fees)
  • Frequency: Per tenancy turnover (routine for leasing)
  • Root Cause: Manual inspections lack timestamped photos/videos, enabling tenant disputes over pre-existing damage.

Why This Matters

The Pitch: Residential leasing players in Australia waste AUD 5,000+ annually per property on bond disputes. Automation of inspection documentation eliminates this risk.

Affected Stakeholders

Property Managers, Leasing Agents

Deep Analysis (Premium)

Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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