Property Managers Melb | Property Management Fees Melbourne
Looking for a property manager in Melbourne? Get a summary of our fixed fees and charges for finding you a perfect tenant.
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Property Management Fees Melbourne

At Property Managers Melb, we have a careful tenant selection process that reduces risk to our landlords.

We understand residential property investment since we’re investors ourselves and we want to provide you with service you’d expect.

Our fees are fixed with no hidden charges. The fixed fee is not an estimate, and there are no hidden charges.

PROPERTY MANAGEMENT FEES MELBOURNE

Our Tenant Selection Formula

 

The most important part of managing a property successfully is careful tenant selection. At Property Managers Melb, our formula for selecting a good tenant comes down to a series of factors which results in the landlord choosing the best tenant from arrange of different applicants.

  • Neat and clean presentation of a rental property where all fixtures and fittings are operating. We only get one chance to make a first impression with desirable tenants we want to attract. We want the tenant to envision how they’re going to live in a property rather than look at what repairs are needing to be made.
  • Tenants meet the property manager, that will be looking after the property, at the open for inspection. Our property managers make every effort to be friendly and professional. They also promote the benefits of your property and the location it is in.

This creates a positive rapport between the tenant and property manager over the term of their lease. The tangible benefit to the landlord is a happy tenant that willingly pays rent on time and keeps a well-maintained property.

 

  • Entering the market at the right point. Pricing the weekly rental at market value is critical for attracting many applications.

An overpriced property increases the time on market which leaves the tenants wondering if there’s something wrong with the property. An effective advertising campaign should only be live for two or three weeks.

Increased time on market puts pressure on the landlord and property managers in making a rushed choice in tenant selection.


Funds For Property Maintenance & Repairs


At Property Mangers Melb, we don’t hold any landlord funds for repairs. If any urgent or non-urgent repair needs arise, the landlord is consulted with the issue and an estimated cost of repairs. Once approved by the landlord, only then will repairs be carried out.

All our trades people are industry licensed and insured, professionally ready to conduct works on your property.

  

Our Fees:

Finding A Tenant

$400 + GST

  • Professional photos & digital editing. 
  • Premium advertising on leading property sites. 
  • Two weekly open for inspections (Wednesday / Thursday & Saturday). 
  • Detailed condition report.
  • Tenant background checks.
  • REIV Lease agreement contracts. 

WHAT ELSE IS INCLUDED?

 

 

 

 

 

 

 

 

 

 

 

Property Management

Fixed at $99 + GST

  • Processing of monthly rent payment.
  • Managing any property repairs & or light renovations.
  • Managing urgent repairs.
  • Tenant inspections twice yearly (first inspection is at 3 months, then at 6 month intervals).
  • Prepare digital inspection reports, land lords access these with online logins.
  • All reporting is available via an online access.
  • Monthly statements provided by email.

LEVEL OF SERVICE

 

 

 


By landlord request (no extra charge): 

– Arrange (as Client’s agent) for appropriate contractor(s) to carry out *periodic inspection of plumbing fixtures and fittings

 

– Arrange (as Client’s agent) for appropriate contractor(s) to carry out *periodic inspection of electrical fixtures and fittings

 

 


Don’t Pay Hidden Costs

 

When choosing a property management company you need to ensure that you read the fine print. Often there are hidden costs that you can run into that we include as part of our monthly management fee.


Examples of hidden charges are:

– Monthly and End of Financial Year statement report
– Inspection Reports
– Insurance Claim Management
– Renovation management
– VCAT (we only pass on the court costs and do not mark up fees)


Be A Care Free Landlord

 

A smart property manager offers their landlords peace of mind and knowledge that their property is in trust worthy hands.

 

At Property Managers Melb, we often hear a landlord’s ‘bad experience’ story when the first sign up. In most cases, the stories could have easily been prevented if their property manager did their job well.

 

  • An effective property manager has regular contact with tenants. The simple presence of a vigilant property manager leaves the tenant with a feeling of accountability and responsibility to their landlord.
  • We provide our landlords with routine inspection videos every 6 months.
  • We invite our landlords to each 6-month inspection.
  • If issues arise via the inspections we serve the tenants official notices to act on them and then follow up with.

At the start of each new lease, we set an expectation with our tenants. A renewal of lease will only be offered if there is a history of:

  • timely payment of rent and
  • excellent results at routine inspections

Speak To One Of Our Experts