Interview the manager before they list the property.
The headline management percentage is not the real cost. This builds the rental-appraisal, fee, process and local-knowledge questions to ask each prospective manager, plus a comparison template so you can weigh up total annual cost across up to three of them before appointing anyone.
- 01Suburb & state
- 02Property type and configuration
- 03Settlement date
- 04Current condition (vacant / tenanted / to renovate)
- 05Your goal (rent / vacancy / involvement)
- 06Estimated weekly rent (if any)
- 07Special requirements (pets / furnished / short-stay)
Property manager prep
Appraisal · fees · process · fee comparison template
You are helping an Australian investor PREPARE to interview and appoint a property manager. Produce a structured question set and comparison brief. This is preparation only, not financial, legal or investment advice. PROPERTY: - Suburb & state: [ ] - Property type & configuration: [beds / baths / parking] - Settlement date: [approximate] - Current condition: [vacant / tenanted / to be renovated first] - My goal: [maximise rent / minimise vacancy / minimise involvement / combination] - Estimated rent (my assumption): $[/week, if any] - Special requirements: [pets allowed / furnished / short-stay considered / none] Return exactly these 5 sections: ## 1. RENTAL APPRAISAL QUESTIONS What to ask each manager about weekly rent range, suburb vacancy, days on market, tenant-pool limits, and recent rental growth. Treat any appraisal they give as an estimate, not a guarantee. ## 2. FEE AND CONTRACT QUESTIONS Management fee (% of gross rent), letting fee (and whether it recurs each new tenant), other fees (inspection, lease renewal, statement, tribunal), the management agreement, and the termination notice period. ## 3. MANAGEMENT PROCESS QUESTIONS Tenant screening, maintenance approval threshold, routine inspection frequency and written reports, arrears process, and typical re-let time. ## 4. LOCAL KNOWLEDGE QUESTIONS Common tenant type, seasonal vacancy patterns, what tenants prioritise, and upcoming developments that could add rental supply. ## 5. FEE COMPARISON TEMPLATE A comparison table for up to 3 managers covering management fee, letting fee, inspection fee, lease renewal fee, maintenance admin fee, tribunal representation, and an annual cost estimate (management % × annual rent + letting + inspection + renewal). Compare TOTAL annual cost, not just the headline percentage. Add condition-specific questions only where they match: if tenanted — inherited lease and expiry, current vs market rent, bond lodgement/transfer, arrears or disputes; if pets allowed — pet-bond rules in this state; if short-stay considered — council zoning, body-corporate rules and any state STRA registration. --- IMPORTANT: General information and preparation only. Not a recommendation to appoint any particular manager or agency, and not financial, legal or tax advice. Rental appraisals are estimates, not guaranteed income. Fees, tenancy laws, bond rules and short-stay regulations vary by state and agency — verify independently, review any agreement with a solicitor/conveyancer, and confirm tax treatment with a registered tax agent.
This is preparation only, not a recommendation to appoint any manager or agency. Rental appraisals are estimates, not guaranteed income. Fees, tenancy laws, bond rules and short-stay regulations vary by state and agency — verify every fee against the written agreement and review it with a solicitor or conveyancer.
Numbers organised? The lending structure still needs a human.
AI can prepare the property summary, the assumptions and the risk questions. A credit specialist structures the actual deal — borrowing capacity, lender policy, income treatment, loan structure and the application strategy. Bring your prepared file when it's time.
Book a lending structure call →These tools are for preparation and education only. They do not replace credit assessment, financial advice, tax advice, legal review or lender policy checks. Verify everything with qualified professionals. Finance on the Coast is a subdivision of Model Mortgages Pty Ltd (ABN 82 108 681 063), Australian Credit Licence 387460.