We carefully vet every applicant to secure reliable, respectful renters.
Prompt payments, transparent statements, and detailed reporting—handled for you.
Regular on-site checks ensure your property stays in top condition.
Fast, professional service with vetted trades ensures issues are resolved before they escalate.
We keep your property aligned with evolving tenancy laws and rental requirements.
Our team proactively manages lease terms to reduce vacancies and improve retention.
Every detail is managed with precision, so you can enjoy the benefits of ownership without the day-to-day administrative demands.
Our in-depth market knowledge and sales appraisal and rental appraisal expertise ensure accurate pricing, ideal renter targeting, and strategic advice tailored to apartment assets.
With high visibility in the CBD and an active leasing presence, we attract quality renters faster.
You can expect consistency from us with regular updates, detailed reports, and prompt communication.
Our long-term clients trust us because we consistently deliver on our promise: to protect and grow the value of their property.
With Melcorp, you’re not just managing a property. You’re building long-term wealth and capital growth.
Rental appraisal and property valuation are often interchanged. They both provide an estimate of how much a property is worth. But they serve very different purposes, are carried out by different professionals, and have very different legal and financial implications. As a property owner, understanding their differences can affect how you manage your property, how … More
For property owners in Melbourne, it’s easy to fall into the habit of setting rent once and forgetting about it, especially if your tenants are long-term and your property stays occupied. However, without regular rental appraisals, you risk undercharging your tenants, or missing important signals in a shifting market. In this guide, our experts at … More
The volume of new apartments delivered across the CBD and surrounding suburbs has dropped dramatically, with fewer than 3,000 completions expected in 2025. For investors, this shortage presents a double-edged sword. While limited stock makes competition fiercer, it also drives stronger rental returns and potential long-term capital growth, especially in high-demand areas of the inner … More
Retaining quality tenants is a subtle yet crucial aspect of property management. In Melbourne’s competitive rental market, your role as a property manager extends beyond merely leasing properties; it involves cultivating lasting tenant relationships. With vacancy rates in Melbourne currently sitting at around 1.8% (SQM Research, April 2025), competition among landlords is fierce – not … More
When you think about your investment property, the first thing that may come to mind is rental income. However, understanding the full marketing value of your property requires more than just a glance at weekly rent figures or a quick browse through online listings. A free rental appraisal—far from being a simple estimation of rent—offers … More
Managing a high-rise apartment is vastly different from managing a suburban house. It requires an intimate understanding of Owners Corporation (OC) rules, building move-in protocols, and the specific maintenance nuances of vertical living. Specialised management means we have established relationships with building managers and a deep understanding of the demographic living in the CBD. This allows us to resolve issues faster and position your property more effectively to attract premium renters.
Yes. Navigating the Victorian Civil and Administrative Tribunal (VCAT) can be a daunting experience for many owners. If a dispute arises regarding rent arrears, property damage, or bond claims, our experienced property managers can act on your behalf. We prepare the necessary documentation, lodge applications, and represent your interests at hearings to ensure the best possible outcome is achieved under the Residential Tenancies Act.
The Melbourne CBD is a high-demand, fast-paced market. While the “days on market” can fluctuate depending on the time of year and current stock levels, our average turnaround is highly competitive. Because we manage a vast portfolio within the city’s most prominent towers, we often have a pipeline of pre-qualified renters ready to move. Our targeted marketing and high-frequency viewing schedule are designed to secure a quality tenant within the first two weeks of listing.
Under Victorian legislation, rental providers must ensure that gas and electrical safety checks are conducted every two years by a licensed or registered practitioner. You are also required to keep records of these checks and provide them to the renter upon request. Our team simplifies this compliance by scheduling these mandatory inspections on your behalf, ensuring your property always meets the latest safety standards and avoiding any potential legal issues.
Switching is much simpler than most owners realise and can usually be done even if a renter is currently in place. Once you’ve decided to move to Melcorp, we handle the entire transition for you. We notify your current agent, arrange the collection of keys and files, and introduce ourselves to your renters to ensure a seamless handover. You won’t need to have any awkward conversations; we manage the process from start to finish.
In the Melbourne market, management fees typically vary based on the level of service provided. Rather than offering a “one-size-fits-all” rate, we provide a transparent fee structure that reflects the complexity of your asset and the comprehensive nature of our support. When considering fees, it is important to weigh the percentage against the value of the service—such as reduced vacancy rates, rigorous tenant screening, and proactive maintenance—which ultimately protects your bottom line.
There are a number of exceptional reasons a rental provider can legally terminate a lease prior to the fixed term end date. These reasons are listed on the Consumer Affairs Victoria website.
Melcorp Real Estate can help you issue the correct Notice to Vacate and navigate VCAT process when lodging formal disputes.
A rental provider cannot increase rent during a fixed term lease agreement, unless the rental agreement states otherwise. Outside of a fixed term lease agreement, a rental provider can increase the rent no more than once every 12 months and must provide 60 days notice to a renter of the rent increase. Melcorp Real Estate will review market rent prices and ensure that the rental provider achieves optimum rent.
There are a number of options for rental providers to assist in making a property appealing to renters. These can include the following:
• Establishing a competitive rent
• Ensuring your property is presented in a neat, presentable condition
• Getting your property professionally photographed
• Adding virtual furniture to property photos, if your property is empty
• Professional property styling
Melcorp Real Estate can provide free rental appraisals and professional, tailored advice on improving your property’s rental appeal.
The lease term is flexible and dependent on the agreement of the rental provider and the renter. Lease agreements are most commonly 12 months in Victoria. A Melcorp Real Estate agent will be able to determine what length lease agreement suits your property best with you. Our agents will also ensure properties lease agreements finish in peak lease periods. This can assist rental providers in having as short a vacancy period as possible.
A Melcorp Real Estate agent will walk you through the rental process and give you an accurate guide about how much rent you can expect to achieve for your property. Find out more about our services for rental providers here.
In short, how much rent you might achieve for your property will depend on a number of factors. These can include:
• The type of property (house, apartment, unit, townhouse etc.)
• The price of other rentals in the same area
• The property features and (if applicable) building facilities
• Your property’s location desirability. i.e. if it is close to transport, shopping, lifestyle amenities etc.
• Is it a rental provider’s or renter’s market? i.e. how large is the pool of renters vs. the number of rental properties available in the area?
