Hi Stanners77

I also have an IP in St Kilda, a 3br house which is rented for $450 per week. I use an agent based in Elwood and their fees are:

Letting fee: 1.5 weeks rental + GST
Management fee 7% of rental + GST
Advertising costs: approx $250

Apart from a couple of other minor fees these are the main costs. I have to admit i did not do my…[Read more]