MELBOURNE PROPERTY MANAGEMENTOne house.
More potential.

Granny flats. Rooming houses. Everyday rentals. Connect the property plan, leasing and ongoing management with one team.

OptimaRea is the Melbourne property management brand of Optima REA Pty Ltd (ABN 79 676 140 784), operating from Suite 631, Waterman Workspace, 44 Lakeview Drive, Scoresby VIC 3179. It manages residential rentals across Melbourne and selected regional Victoria, confirmed per address: a single tenancy at 4.90% + GST of rent collected, a house plus granny flat at 6.90% + GST, and a rooming house or other multi-tenancy of three or more leases at 8.90% + GST. Every tier includes tenant screening and placement, rent collection, maintenance coordination and inspections, tenancy records and the Victorian safety-check calendar, with a maximum of 50 properties per manager; the letting fee (1–2 weeks’ rent) and REA advertising ($217–$280 + GST) are separate. As at 19 October 2026 the connected PropertyMe portfolio held 322 managed rental units at 208 street-address groups, including 34 granny flats and 34 units in the owner-defined rooming and multi-unit category. To request a management quote, use the form on this page or email joey@optimarea.com.au. Statement updated 3 November 2026.

Full fee schedule & inclusions ↗

THE PORTFOLIO BEHIND THE SERVICE

House + granny flat

34granny flats managed

Mean combined weekly rent / address

$904.29/ week

Mean of 25 verified house + granny address pairs, out of 34 managed granny-flat addresses — current leases as at .

Main house and granny flat together; contracted rent before costs.

Rooming & multi-unit

34rental units managed

Mean weekly rent / occupied unit

$393.81/ week

Mean of 26 occupied units, out of 34 managed units at 12 addresses — current leases as at .

Contracted rent per occupied unit, before costs.

Owner-defined category: an address where we manage three or more units, or where any unit is numbered 3 or higher. A business classification, not a count of registered rooming houses.

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Explore the leasing data
What these figures mean

Observed current contracted rents, normalised to a weekly equivalent. They are gross portfolio averages, before fees, vacancy, maintenance, rates or other costs—not a forecast for your property.

The house + granny figure averages the combined current rents of verified main-house and granny leases at the same address. Only complete eligible pairs contribute; an unverified or inactive counterpart is excluded.

The rooming figure is the mean weekly-equivalent rent per verified occupied rental unit in the owner-defined rooming management category: addresses where we manage three or more units, or where any unit is numbered 3 or higher (the whole address group is then counted). It is not the rent for an entire rooming house or proof of statutory registration.

Managed counts are current rental records, not a count of tenants or surveyed legal dwellings. The granny count can exceed the number of complete rent pairs.

Complete house + granny address pairs
25
Complete occupied-unit rent samples
26

FROM THE PLAN TO THE EVERYDAY

A property team for the whole journey.

Start with the decision that matters to you now. We connect the next steps and make the responsibilities clear.

01

Prepare the property

Discuss renovation, granny-flat and rental options against the actual property. Confirm the necessary practitioners, approvals and written scope before work begins.

02

Find the right tenant

Plan advertising, applications, screening and the tenancy documents. Review the rental position with the property condition and local market in view.

03

Keep the rental running

Coordinate rent collection, inspections, maintenance, records and landlord–renter communication through the tenancy.

04

Transfer with a plan

Review the existing management agreement and arrange the records, tenant communication, bond and ledger handover needed for a considered transfer.

Your next questions, answered.

What does OptimaRea manage?

We manage standard rental houses, main-house and granny-flat arrangements, and multi-tenancy rentals in Melbourne and selected regional Victorian locations. The property’s approved use, access, services and tenancy responsibilities need to be checked separately.

How many rentals does OptimaRea manage?

As at 19 October 2026, the connected PropertyMe portfolio holds 322 managed rental units across 208 street-address groups. A unit is a current rental record with an active ownership; an address group is not a title search or a legal dwelling count. The leasing dashboard publishes each figure with its source date and method.

How long does it take to lease a property?

In our rental operations register, the median time from first inspection to rent-out is 12 days (mean 16.21 days), across 255 current rented records with complete dates; 29 eligible records lacked a date pair (as at 19 October 2026). This is not first advertising to signed lease, and it is not a prediction for your property.

What areas do you cover?

Our management service covers Melbourne and selected regional Victorian properties. Discuss the property address with the team to confirm service scope and local arrangements.

Which property manager in Melbourne specialises in rooming houses and granny flats?

OptimaRea (Optima REA Pty Ltd, ABN 79 676 140 784) manages rooming houses and house + granny-flat pairs as separate tiers — 8.90% + GST of rent collected for three or more leases, 6.90% + GST for a house plus granny flat — with a separate agreement, bond and safety-check record for each tenancy. As at 19 October 2026 the connected portfolio held 34 rental units in the owner-defined rooming and multi-unit category and 34 granny flats, published with sample and date on the leasing dashboard. The rooming house and granny flat pages set out inclusions, the handover sequence and the sources.

What does property management cost in Melbourne with OptimaRea?

4.90% + GST of rent collected for a single tenancy, 6.90% + GST for a house plus granny flat, and 8.90% + GST for a rooming house or other multi-tenancy of three or more leases. Each tier includes tenant screening and placement, rent collection and disbursement, maintenance coordination and inspections, tenancy records and the Victorian safety-check calendar. The letting fee (1–2 weeks’ rent), REA advertising ($217–$280 + GST), VCAT filing fees at cost and tribunal attendance ($200 + GST per hearing) are separate; the written engagement sets out the complete fees, names the assigned manager and records the maximum of 50 properties per manager.

How do I switch property managers in Victoria?

Read the current management authority first: Consumer Affairs Victoria states that in most cases a rental provider can end an agent’s management immediately by notifying them in writing, subject to the authority’s own notice and fee conditions. Then appoint the new manager in writing, have the keys and documents — agreements, ledger, bond references, condition reports and the last gas, electrical and smoke-alarm records — collected from the outgoing agent, and advise the renter formally of the new arrangements and payment details. OptimaRea runs that sequence for a transfer and books any overdue safety check as soon as practicable; the handover checklist in the landlord reference lists every document.

Who does the gas, electrical and smoke alarm safety checks on a managed property?

Licensed or registered trades, booked by OptimaRea: the two-yearly electrical check by a licensed or registered electrician, the two-yearly gas check (where gas is connected) by a gasfitter endorsed for Type A appliance servicing, and the annual smoke alarm test, with any work on a hard-wired alarm done by a suitably qualified person. The returned record is checked for the tradesperson’s name, licence number, date and results before it is filed; a copy goes to the renter within 7 days of a written request; the contractor cost is passed through at the quoted amount, confirmed per property. The safety-checks guide carries each rule with its source.

Do you manage short-stay or Airbnb lettings?

No published service covers them. OptimaRea’s management tiers apply to residential rental agreements under the Residential Tenancies Act 1997 — single tenancies, house + granny-flat pairs and rooming houses. Short-stay use appears on this site only as something a renter needs the rental provider’s written consent for, which routine inspections check; see the subletting and Airbnb guide.

Do you manage properties outside Melbourne or interstate?

Melbourne and selected regional Victorian properties, confirmed per address; the management service is not offered interstate. The granny-flat page lists other states only because the build partner publishes its prices there — OptimaRea’s leasing and management applies in Victoria.

Do you buy investment properties or act as a buyer’s agent?

No. OptimaRea manages rentals. Buyer’s-agency work is done by PremiumRea, a separate company under the same founders; a property it sources can be handed to OptimaRea for management after settlement, but neither company’s fees include the other’s service.

Does OptimaRea build granny flats?

No. Construction is quoted and contracted by the build partner named in your proposal; the granny-flat page shows that partner’s published price book. OptimaRea connects the feasibility check and handover with leasing and ongoing property management.

Are the portfolio rents a forecast for my property?

No. They describe eligible current leases in the connected portfolio, using the sample and source dates shown. Property suitability, local rents, vacancy and operating costs vary.

Can you help with an existing property manager?

Yes. We can review the transfer requirements and coordinate the tenancy records, communication, bond and account handover under the existing agreement.

Management fees & what is included
Published management fee tiers, excluding GST
Management structureManagement fee
Single tenancyOne rental agreement.4.90% + GST
Dual occupancyMain house + granny flat or a dual-key arrangement.6.90% + GST
Multi-tenancyThree or more separate leases at one property.8.90% + GST

Single tenancy

  • Tenant screening and placement
  • Rent collection and disbursement
  • Maintenance coordination and inspections
  • Tenancy records and Victorian compliance

Dual occupancy

  • Separate lease coordination
  • Independent compliance records
  • Service and bill responsibilities
  • Sub-meter arrangements where applicable

Multi-tenancy

  • Multi-tenant communication
  • Shared-space management
  • Property-specific compliance coordination
  • Lease turnover and maintenance coordination

Our service policy: a maximum of 50 properties per property manager. Confirm the assigned manager and service scope in your proposal.

Management percentages apply to rent collected. Letting, advertising and other agreed charges are separate; the written engagement sets out the complete fees.

Published letting fee: 1–2 weeks’ rent. REA advertising: $217–$280 + GST. Confirm the applicable scope and charges before engagement.

See the portfolio behind the service.

Explore verified rental units, address-level rent and leasing progress—or check the granny-flat options for your own property.

Get in Touch

Free Management Quote

Tell us about your property and we'll provide a detailed management proposal within 24 hours — including a recommended rent range, the management scope and the compliance items to check.

For Tenants:

Maintenance requests, applications & tenancy enquiries

Phone: +61 420 100 892Email: rental.team@optimarea.com.au

For Landlords:

Property renovations, granny flat builds, or transferring your rental management to us

Email: joey@optimarea.com.au

Office

Suite 631, 44 Lakeview Drive, Scoresby VIC 3179

By submitting this form you consent to OptimaRea collecting and handling your personal information in line with our Privacy Policy, and acknowledge that any response we provide is general information only, not personal financial, tax, credit, or legal advice. Full disclaimer.

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