I got an email from property manager saying the tenants want to get a pet cat. She said the tenants are willing to sign a Pet Clause which outlines if any damage is caused to the property by the pet, they are responsible for rectifications. Current tenants (3 young females) have been there about 10 months and really look after the place. My main concern is the property was fully renovated with new carpet, window coverings, paint etc before they moved in. Property is a 3 bedroom house in Melbourne. The biggest advantage if I allow them a pet is that it's likely they will stay on and sign another lease because they might find it hard to find another property which allows pets. This would also allow me to increase the rent by $10pw when the rent is due without scaring them off.