What to Expect DuringYour Free Rental Appraisal
In every rental appraisal we do, our Melcorp property managers are equipped with a comprehensive market analysis tailored to your property. So, during your free rental appraisal, you’ll receive valuable insights and guidance, including:
Your Property’s Location
We evaluate location-driven renter appeal, including proximity to transport, retail, dining, and amenities, all of which influence demand and rental return.
Market Trends
Our property managers also assess external factors like rental demand and interest rate movements to estimate leasing timelines and rent potential with accuracy.
Property Condition
Presentation matters. We’ll advise on how your property compares to others on the market, and provide professional marketing advice to maximise appeal.
Melcorp Real Estate delivers premium, personalised service on every rental appraisal. We’re committed to securing the best outcome for your investment while making the journey smooth-sailing and stress-free.
Exceptional Property Marketing
We promote your property to over 150,000 people each month through digital and direct channels, supported by an active database of 10,000+ contacts.
Largest City Network
Our strategically located CBD and Southbank offices offer unmatched exposure in Melbourne’s most sought-after rental markets.
Experience and Multilingual Team
Our multilingual team reflects Melbourne’s diversity and brings decades of property management expertise, especially across inner-city apartments.
We’ve Got the Knowledge
Nearly 20 years of experience have cemented our place as Melbourne CBD’s leading specialists in rental appraisal, sales appraisal, and apartment leasing.
As a home Rental Provider, there are many things that require your consideration. Our expert Property Managers will answer each question you have in detail, at your rental appraisal. Until then, view our most frequently asked questions by Rental Providers.
Can I end a lease agreement before its official end?
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.
Can I increase the rent during the lease period?
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.
How do I make my property more appealing to renters?
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.
How long is a typical lease?
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.
How much rent can I expect to receive for my property?
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?