Moving to a new rental property in South Australia? Our Personal Loans can help you pay for rental bonds, moving costs and more.
Subject to lending criteria, terms and conditions. See below for details.
Subject to lending criteria, terms and conditions. See below for details.
Rental bonds can leave a huge dent in your savings when starting a new tenancy agreement, especially if you have to pay upfront or by yourself. Combined with the stresses of moving, rental bonds could be the straw that breaks the camel's back for a lot of tenants.
A Rental Bond Personal Loan with Jacaranda Finance can allow you to pay that deposit quickly without dipping into your hard-earned savings. Instead, you can repay a loan from $3,000 over manageable instalments starting from 25 months.
We know how important it is to receive your funds in a timely manner. As a hard-working Australian, you don't have time to waste on needless paperwork.
That's why Jacaranda Finance makes applying for a Personal Loan to cover rental bonds and moving expenses simple with our fast, 100% online application.
Check if you qualify without affecting your credit score today.
The historical state of South Australia is known for its world-class wineries and vast coastlines. Adelaide, the capital city of SA, is a beautiful coastal city that many people choose to visit or call home.
According to the Domain Rental Report for March 2024, renting in Adelaide is surprisingly not too expensive:
Even with an annual price increase of over 13% (houses), the average rental price in Adelaide is below the capital city average of around $593 per week across Australia.
Though this rent is more affordable than renting in many other states in Australia, rent is still quite expensive and seems to be on the rise, making rental bonds quite costly too…
In South Australia, the maximum bond for residential tenancy agreements is:
To give an idea of how much this could cost, we'll use the median house rent for Adelaide of $525 mentioned above and calculate the bond. Since this is below $800, we’ll multiply it by four, which would result in an average rental bond in South Australia of $2,100.
Some property managers or landlords in SA also ask for two weeks' rent in advance for extra security on top of the bond. This would amount to $3,150 - quite a hefty lump sum, even when splitting between two or more tenants.
To alleviate some of the pressures of moving, consider applying for a Personal Loan with Jacaranda Finance. Our loans range from $3,000 all the way up to $25,000, which could be more than enough for you to pay your bond, moving costs, and anything in between to get settled.
See below for more detailed information on rental bonds and Rental Bond Loans in each state/territory.
Are you a renter in South Australia and unsure about how the bond process works? We've compiled some key pieces of information that may answer your questions.
Refer to the resources tab at the end for official sources of information when it comes to paying a rental bond.
In South Australia, tenants pay their rental bond directly to Consumer and Business Services (CBS). The landlord or agent must provide the tenant with a bond lodgement number and details on how to make the payment through the CBS online bond management system.
The rental bond is held by CBS for the entirety of the lease. It acts as security against any potential damage or unpaid rent during the tenancy.
Tenants can access information about the bond via the Residential Bonds Online portal. Once the tenancy ends and there are no claims, the bond is returned to the tenant.
Landlords/proprietors should register a tenant/resident's email address on RBO at the start of a tenancy. Then, CBS will send the tenant/resident an email with a unique link and instructions to activate their online account.
Tenants will be able to:
At the end of your tenancy, the landlord or agent will conduct a final inspection. If the property is in the same condition as when you moved in, aside from fair wear and tear, you can apply to get your bond back through the CBS online system.
Both parties must agree to the bond refund for it to be processed. To avoid a dispute, tenants/residents should:
In South Australia, landlords/proprietors can claim for:
If a landlord and renter cannot agree on how to split the bond, either party can dispute a bond claim. The SA Government encourages the parties to negotiate among themselves first.
If the dispute can't be resolved by negotiation, either party can apply to the South Australian Civil and Administrative Tribunal (SACAT) for resolution.
SACAT will review the evidence and make a determination on how the bond should be divided.
SA.GOV.AU is the main source of information and resources for renters; Consumer and Business Services is the main governing body for renting. You can also see official information on the South Australian Civil and Administrative Tribunal (SACAT) website.
RentRight SA is a free service available to those renting in South Australia. It can help with issues related to tenancy, such as leases, bond disputes, property maintenance, and unpaid rent.
Our loans are designed to be fast, fair, and, above all, affordable, with no hidden fees. See the table below for a quick guide to our charges, or visit our fees page to learn more. For detailed information about who our products are designed for, please review our Target Market Determinations.
Worried about being denied a loan? No stress! At Jacaranda, QualifyCheck lets you check if you qualify without affecting your credit score!
Making all your repayments to us on time could steadily improve your credit score and positively impact your ability to get credit in the future.
Worried about being denied a loan? No stress! At Jacaranda, QualifyCheck lets you check if you qualify without affecting your credit score!
Making all your repayments to us on time could steadily improve your credit score and positively impact your ability to get credit in the future.
A personal loan is a fixed-term loan that allows you to borrow a set amount of money and repay it through regular instalments. Our online application process is designed to be fast and straightforward. Repayments remain consistent throughout the loan term so you can plan your budget with confidence.
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By submitting a full application for a personal loan, you are authorising a hard credit check. This means that other lenders will be able to see that you applied for a loan and could impact your credit score. Before you submit a full application with Jacaranda Finance, you can check if you qualify with no impact on your credit score*. This is called a soft credit check, and is only visible on your credit report to you.
How to check if you qualify for a secured personal loan?
If you’re considering applying for a loan with Jacaranda Finance, you can check if you qualify with no impact on your credit score*.
No, checking if you qualify uses a “soft” credit check meaning it does not impact your credit score or appear on your credit file to anyone but you. We recommend checking your eligibility before applying for a loan where possible to reduce the number of applications on your credit report.
To be assessed for a loan from Jacaranda Finance, you must meet the following basic eligibility criteria:
If you are unsure whether you’re eligible, you can check if you qualify with no impact on your credit score*.
We offer two main products at Jacaranda Finance:
For detailed information about who our products are designed for, please review our Target Market Determinations. Our Loan Repayment Calculator and our guide to Jacaranda Finance’s interest rates & fees could help you to predict your repayments before applying.
Using our loan repayment calculator you can estimate your repayments before applying.
Missed Payment Fees
For every missed payment, a fee will be applied. This cost is added to the account balance and can be paid with the next repayment cycle. If you’re concerned you’ll miss a repayment before the next due date, please contact our customer support team as soon as possible.
You can pay your loan back at any time at no extra cost. That means no early exit or payout fees.
Once you’ve been approved and have accepted your loan contract, we’ll automatically attempt to release the money to your account. Most customers get paid in 60 seconds3.
Our Personal Loans have fixed interest rates and you may use them for a variety of reasons:
$3,000 - $25,000
