Selecting a property manager involves entrusting the day-to-day operations of your investment property to a professional, ensuring smooth tenant relations and optimal returns. As of December 2025, this is a crucial decision for Melbourne property owners, particularly those seeking to maximise their investment in the Eastern Suburbs.
Currently in Melbourne, property management fees typically range from 1.5% to 3% of the weekly rent, plus GST. However, the value extends beyond the fee. A good property manager understands the nuances of the local rental market – for example, in areas like Balwyn and Doncaster, families often favour properties close to specific school zones, influencing rental yields. They’ll advise on presentation to attract quality tenants; in 2026, buyers – and renters – prioritise light-filled spaces and properties with renovation potential. Fletchers’ experience shows that comprehensive tenant screening, regular property inspections (documented with technology-driven updates), and proactive maintenance are hallmarks of effective management. Expect a detailed explanation of their process for handling repairs, rent arrears, and lease renewals. It’s also important to understand their approach to marketing your property – online presence and professional photography are essential. The typical lease period remains around 12 months, with periodic inspections conducted throughout.
Choosing a property manager is about finding a partner who understands the Melbourne rental landscape and can deliver consistent results for your investment.