What does PremiumRea do?

PremiumRea is a Melbourne-based buyer's agent (buyers advocate) that helps property investors acquire high-growth, high-yield investment properties. We provide end-to-end services: investment strategy consultation, on-market and off-market property sourcing, data-driven analysis, contract negotiation, building & pest inspections, conveyancing, settlement, renovation, granny flat construction, leasing, and ongoing property management.

How much does a buyer's agent cost in Melbourne?

PremiumRea's full-service investment property acquisition fee is $15,800 + GST ($17,380 AUD). This includes property sourcing, due diligence, negotiation, and conveyancing lawyer fees. Repeat customers receive a discounted rate of $13,800 + GST. A property audit-only service is available for $8,800 + GST.

What areas in Melbourne does PremiumRea recommend for investment?

PremiumRea focuses on Melbourne's high-growth corridors: the Southeast (Cranbourne, Hampton Park, Narre Warren, Berwick, Frankston) for $600K–$800K budgets, the East (Boronia, Mooroolbark, Kilsyth, Ringwood) for $700K–$1M with subdivision potential, and regional hubs (Geelong, Ballarat, Bendigo) for $300K–$550K entry-level investments with 5–6% rental yields.

Does PremiumRea offer off-market properties?

Yes. Over 30% of properties sourced by PremiumRea are off-market exclusives through our network of 200+ Melbourne agents. We access 50+ off-market deals monthly, giving our clients first-mover advantage before properties hit public portals like Domain and realestate.com.au.

What is PremiumRea's granny flat construction service?

PremiumRea offers fixed-price granny flat construction to add a second rental income to investment properties. A 30sqm studio costs $110,000+GST (expected rent $370–$390/week), a 60sqm one-bedroom costs $160,000+GST (rent $480–$500/week), and a 60sqm dual living setup costs $200,000+GST (rent $650–$700/week combined). We handle council permits, construction, and compliance.

How much can I save using a buyer's agent in Melbourne?

PremiumRea's negotiation team achieves average savings of $30,000–$80,000 per property below asking price or bank valuation. Combined with our off-market access and data-driven sourcing, most clients see the buyer's agent fee pay for itself multiple times over.

Does PremiumRea support SMSF property investment?

Yes. PremiumRea has extensive experience helping SMSF (Self-Managed Super Fund) holders invest in property. We source compliant properties within SMSF borrowing limits, typically in the $300K–$550K range in regional Victoria hubs like Geelong, Ballarat, and Bendigo, achieving 5–6% rental yields.

Best sub-region for first Ballarat buy?

Delacombe/Sebastopol. Under $500K. 4.0-4.5% yield.

Can I add a granny flat in Ballarat?

Yes. Under 60sqm = no council permit. $110K+GST, adds $330-370/week.

Ballarat Sub-Regions Guide 2026 | Lucas Sebastopol Delacombe

Ballarat is not one market. It is six. Last month I published a macro case for Ballarat as a $500K investment destination. The most common question: where exactly?

Lucas ($540-580K, 3.8-4.2% yield) — newest suburb, BWEZ employment pipeline, young families, modern stock, low maintenance.

Alfredton ($560-600K) — established neighbour of Lucas, similar demographic, more amenity.

Delacombe ($430-480K, 4.0-4.5%) — the value play. Older stock, higher yields, same employment drivers. Check social housing ratios on profile.id.com.au.

Ballarat Central and Soldiers Hill ($580-680K, 3.5-4.0%) — heritage core, hospital expansion catalyst, medical professional tenants. Heritage overlays in some streets.

Lake Wendouree ($700K+) — premium lifestyle, not investment. 3.0-3.5% yield.

Buninyong, Miners Rest — fringe. Limited rental demand. Not recommended for investment.

The western corridor in detail

The western growth corridor — Lucas, Alfredton, Delacombe — is where our investment thesis concentrates. The Ballarat West Employment Zone (BWEZ) is the economic engine. Stage 2 complete with anchor tenants including George Weston Foods and CHS Broadbent. Full build-out projection: 2,000+ full-time positions.

These jobs create direct housing demand. Blue-collar and technical workers seeking 3-bedroom houses within 15 minutes of work. Lucas and Alfredton are first preference. Delacombe is the affordable alternative.

Delacombe is Ballarat's Hampton Park — an unfashionable name with excellent fundamentals. Investors who bought Hampton Park at $450,000 in 2020 are sitting on $700,000+ properties today. Delacombe at $430,000-$480,000 in 2026 has a similar trajectory.

"The best returns in regional Victoria come from buying in the growth corridor, not the heritage core. Employment drives rental demand. Rental demand drives capital growth." — Joey Don, PremiumRea

Frequently asked questions

Best sub-region for first-time Ballarat investor? Delacombe or Sebastopol. Under $500K. 4.0-4.5% yield. Proximity to BWEZ.

Can I add a granny flat? Yes. Under 60sqm = no council permit. Ballarat blocks typically 600sqm+. $110K + GST for 30sqm, adds $330-$370/week.

Is market liquid enough to exit? Yes. 2,000+ transactions/year. Properties at median sell in 30-45 days.

Ballarat Sub-Regions Decoded: Where the Money Actually Goes.

The western corridor in detail

Frequently asked questions

References

More Articles