· Executive Properties
Executive and corporate leasing means leasing a quality home to a professional who is relocating to Perth for work, often with a family and often with an employer involved in the move. For the right property, it can mean careful tenants, clear communication and terms that suit both sides.
This guide covers what these tenants look for, how the leases work in Western Australia and how to prepare your home.
Who corporate tenants are.
Typical corporate tenants include executives and senior professionals on assignment, medical and academic staff, and families moving from interstate or overseas. Many are reviewing homes from a distance, so the listing, photography and the speed of answers carry more weight than usual.
What they look for.
- A home that is clean, well maintained and ready on the start date
- Reliable internet, good storage and somewhere to work
- Secure parking and a sensible commute to the city, the hospitals or the airport
- School access for families, often in the western suburbs or close to the coast
- A property manager who answers and fixes things properly
How the leases work.
We only write leases for longer than three months. Under the Short-Term Rental Accommodation Act 2024 (WA), an arrangement where the same people occupy a home for three months or less in total over 12 months is short-term rental accommodation. Leases above that line are residential tenancies under the Residential Tenancies Act 1987 (WA), with the protections and paperwork that come with that.
That means a written tenancy agreement on the approved form, a security bond lodged with the Bond Administrator, entry and exit condition reports and rent increases limited to once every 12 months. Our guide to short stay versus three months plus explains the difference in more detail.
Furnished or unfurnished.
Furnished homes suit shorter assignments and people arriving with a suitcase. Unfurnished homes suit longer assignments where the company is shipping household goods. Before you buy furniture, ask us what the likely tenant for your home actually wants. Furnishing the wrong home is an expensive way to reduce demand.
Preparing the home.
- Complete maintenance before photography, not after the first inspection
- Have smoke alarms, RCDs and pool barriers checked and documented
- Service air conditioning and test hot water, appliances and locks
- Provide manuals, a Wi-Fi setup note and a simple welcome guide
- Present the garden and outdoor areas as you want them returned
Bond and money up front.
In WA, the security bond is capped at four weeks rent where the rent is $1,200 a week or less, and up to two weeks rent can be collected in advance. Where the rent is more than $1,200 a week, the four-week cap does not apply. A pet bond of up to $350 can be required if a pet is approved.
Where we can help.
We lease and manage quality homes for relocating professionals across the coast, the western suburbs and the inner city. See our executive and corporate leasing service, or request a rental appraisal.
Common questions
What is executive leasing?
Leasing a quality home to a professional relocating for work, usually on a term of six or twelve months, sometimes with the employer involved in the arrangement.
Is a corporate lease a short stay?
Not with us. Our leases are always longer than three months, so they are residential tenancies under the Residential Tenancies Act 1987 (WA), not short-term rental accommodation.
Should I furnish my property for a corporate tenant?
Only if the likely tenant for your home wants it. Ask for advice before buying furniture.
General information only, current at the date of publishing. It is not legal or financial advice. Check the linked official sources or speak to a professional about your situation.