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PM In Geelong area. Rates? Recommendations?

Discussion in 'Property Management' started by JetstreamVic, 5th Jan, 2016.

  1. JetstreamVic

    JetstreamVic Well-Known Member

    Joined:
    29th Dec, 2015
    Posts:
    56
    Location:
    Melbourne
    Hi all,

    About to purchase a place near Geelong, anyone have any good recommendations of who they use as a PM and what the going rate is?

    Currently it is already being managed at 8.8% inc GST, which seems on the high-side. Currently I am getting 5.5% Inc GST on a property in Dallas, Victoria.

    Thanks
     
  2. D.T.

    D.T. Adelaide Property Manager Business Member

    Joined:
    13th Jun, 2015
    Posts:
    6,652
    Location:
    Adelaide, SA
  3. Hodor

    Hodor Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,037
    Location:
    Homeless
    DT makes an important point. Service is much more important. Mine offered 8 first up but dropped to 6.6% easily enough.

    Unfortunately due to staff changes service has been lacking, but it's getting better after stating what I expect.
     
  4. JacM

    JacM VIC Buyer's Agent Business Member

    Joined:
    12th Jul, 2015
    Posts:
    1,417
    Location:
    Melbourne, Australia
  5. KMD

    KMD Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    63
    Location:
    Melbourne
    I use Barry Plant (Robert Downie) in Geelong. They charge the standard rate of 7.7% (inclusive of GST) and I've been very happy with them. If you have more properties then the rate goes down.
     
  6. wobbycarly

    wobbycarly Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    286
    Location:
    Geelong
    We are happy with McDonald and Co. Only 1 property in Geelong so no big discount. I think we pay 7.7%, as well, with very few other monthly fees that can add up.