AU Australia property term
Rent Bidding
Western Australia
Plain-English definition
Competition in which prospective tenants offer, or are encouraged to offer, more than the advertised rent to secure a property.
Why this matters to a foreign buyer
Soliciting or pressuring a tenant to offer above the advertised rent is banned in WA. A tenant may voluntarily offer more, but the landlord or agent must not encourage it.
For step-by-step Perth and WA guides, visit Property Learning Hub.