You’ve purchased an investment property and you’re ready to dive into the business of being a landlord. Congratulations! As a rental property owner, it’s a top priority to provide a safe environment for your tenants and this also helps to ensure the ongoing success of your investment. The best way to do this, is to conduct a safety check to address issues, while making sure you’re complying with your state’s tenancy laws.
Ensure all appliances supplied in your rental property are in safe working order.
Here’s a look at the basics, to get you started.
Exterior and interior doors
In terms of minimum security for exterior doors leading into the property, deadlocks or compliant key lockable security screen doors are required, to avoid risk of intrusion. It’s important to check that all doors, including those inside, open and close properly to eliminate fire evacuation hazards.
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Windows, blinds and curtains
All accessible windows in your rental property must be fitted with locks or latches, so that they can’t be opened from the outside. Alternatively, install security screens that are compliant with Australian safety standards. For windows located two metres or more from ground level, check that they don’t present a fall hazard. You may need to install window restrictors or screens. For blinds and curtains, you need to ensure cords are secured with cleats, so they’re out of reach of children.
Every residential tenancy agreement includes a term that the landlord must install and maintain smoke alarms. The locations of alarms differ between property types. However, for the most part they should be installed on every storey, in any corridor with bedrooms and along evacuation routes.
Decks and balconies need twice-yearly maintenance to keep them structurally sound.
Decks and balconies
Building inspections are of utmost importance, in ensuring balconies and decks are structurally sound, with twice-yearly maintenance to keep them that way. Check to see if extra safety features are required, depending on the height of your balcony. These could include extra high railings or automatic closing doors.
Check to see if extra safety features are required, depending on the height of your balcony.
With the basics covered, you also need to check that the following items are in safe working order:
Internal and external lighting
Appliances included in the property
Gas water heaters
Your tenants are required to uphold safety standards set for the property and immediately advise you or your property manager of issues. Finally, it's always an excellent idea to keep detailed records of your safety inspections, maintenance issues and solutions.
This information is provided by DPN Pty Ltd ABN: 94 630 700 186 Australian Credit Licence 514759. DPN Finance Pty Ltd is an authorised credit representative 504129 and related entity of DPN. Credit for Dream Big 100% Offset and Work Smart 100% Offset is provided by Adelaide Bank a division of Bendigo and Adelaide Bank Ltd, ABN 11 068 049 178 and Australian Credit Licence 237879.