Affordable Property Management in Melbourne
4% Management Fee (+GST)
This is approximately half of what other Melbourne property managers charge in rental fees.
$300 Letting Fee (+GST)
This includes open for inspections and tenant screenings, as well as market feedback and strategies.
$100 Re-Letting Fee (+GST)
Our app notifies you when the lease is ending so that you have a chance to improve your rental returns and reduce your vacancy rate.
How Do We Offer Such Affordable Property Management Fees?
While the needs of renters and landlords are constantly shifting and adapting to changes, the property management industry has often lagged behind in both technology and innovative thinking. This has led to a lot of agencies charging sizeable fees for a service that doesn’t meet the needs of their clients. That’s where My Rental steps into the picture.
With our state-of-the-art app, we have been able to streamline the property management process for landlords and renters alike. By automatically keeping track of all relevant property information through our app, we cut out the need for unnecessary manual input and lengthy phone discussions. This means that we can provide a premium rental management service whilst still remaining a small team and, in turn, keeping our management fees to a minimum.
What is the Average For Property Management Fees in Melbourne?
On average, property management fees in Melbourne are between 6% and 8% of rental income, with GST on top of that. This is a considerable amount of income that is being lost unnecessarily to rental agent costs, which is why My Rental is dedicated to offering a more reasonable alternative.
What’s the Cost of My Rental’s Property Management Fees?
The efficiency of our app-based system has allowed us to significantly reduce the overall cost of offering property management in Melbourne. So, naturally, we’ve passed those additional savings onto our clients. My Rental provides a management fee of only 4% (+GST), which is almost half the industry average, without compromising or sacrificing any aspect of our services.
To learn more about how My Rental can assist you, speak with one of our property management specialists today.