I’ve Just Received An Invoice For A Bond Top-up, What Does This Mean?

Bonds are linked to the rent price, so if your rent has gone up, you may have to pay the difference between your old bond and the new amount, known as a bond top-up.

For example, if your rent was previously $600 per week (bond of $2,400) and increased to $650 per week (bond of $2,600), you may need to pay a $200 bond top-up.