Buyer Education

One-Stop Property Investment Service — Buy, Build, Rent & Manage

By Joey Don· Co-Founder & CEOPublished · Updated

Worked examples, not forecasts

Yields, returns, build costs, rents, ROI percentages, payback periods, refinance outcomes, and "before / after" comparisons shown in guides, articles, and marketing materials are illustrative examples based on past PremiumRea transactions or standard scenarios. They are not projections of what any particular property will achieve for any particular investor. Actual outcomes depend on purchase price, loan structure and interest rate, renovation cost, vacancy, maintenance, council rates, land tax, insurance, depreciation, personal tax position, and broader market movements — none of which are guaranteed.

See our full disclaimer and terms of use.

Why One-Stop Service Matters

Most property investors deal with 5–7 separate professionals: buyer's agent, mortgage broker, conveyancer, builder, renovator, property manager, and accountant. Each handoff creates delays, miscommunication, and cost blowouts.

Our integrated service chain:

  1. Buyer's Agent ($15,800 + GST): Strategy, sourcing, due diligence, negotiation, conveyancing
  2. Renovation Team ($10K–$50K): Light to mid-range renovation, compliance upgrades
  3. Granny Flat Construction ($110K–$200K): Design, approval, build, and OC
  4. Rooming House Conversion (median $84,668 across our 48 completed conversions; observed range $70,532–$99,820): Multi-tenancy setup and compliance. ⚠️ This page previously said $6,500–$10,000. That figure was wrong by an order of magnitude — it described putting a lock on a bedroom door, which is not a rooming house conversion — and it has been withdrawn.
  5. Property Management (4.90%–8.90% + GST): Tenant screening, rent collection, maintenance, VCAT
  6. Building Supervision ($3,000): Construction oversight, progress payment safeguards
  7. Refinance Support: Bank revaluation coordination, equity extraction strategy

The compounding advantage: When one team handles everything, each stage is optimised for the next. Our buyer's agents select properties with granny flat potential. Our builders design for maximum rental yield. Our property managers price rents based on the specific configuration. No gaps, no surprises.

The Complete Investment Timeline

Here's what a typical end-to-end engagement looks like:

Month 1 — Strategy & Search:

  • 30–45 minute strategy session (budget, goals, borrowing capacity)
  • Suburb selection based on growth data and yield targets
  • Property sourcing begins (on-market + off-market)

Month 2 — Purchase:

  • 3–4 properties shortlisted with due diligence reports
  • Offer negotiation (average savings: $30K–$80K)
  • Contract signed, conveyancing begins
  • Building & pest inspection ($450–$550)

Month 3 — Settlement & Renovation:

  • Settlement completed (30–60 days from contract)
  • Light renovation begins: paint ($6,200), flooring ($62/m²), compliance ($2,000)
  • Duration: 2–3 weeks

Month 4–5 — Granny Flat Construction:

  • Building permit obtained
  • Construction commences (5 weeks–4 months)
  • 4-stage payment schedule

Month 5–6 — Tenanting:

  • Main house tenant placed during renovation
  • Granny flat tenant placed upon OC
  • Combined rent: $950–$1,200/week

Month 6–9 — Refinance:

  • Bank revaluation with completed granny flat
  • Equity extraction at 80% LVR
  • Recovered funds deployed toward next property

What the timeline does and does not promise. The sequence above is our operating process; it is not a forecast of your result. Whether a revaluation supports any equity release is the valuer's opinion and your lender's decision, not an arithmetic consequence of what you spent — we hold no Australian Credit Licence and do not recommend lenders or LVRs. On the outcome side, the honest benchmark is our published record: across 345 purchases settled Jan 2023 – Sep 2025 the median gross yield after works was 5.77%, and 84% landed at 5% or above. Historical results, not a promise of repetition.

Performance Benchmarks

⚠️ This section previously published a price-band yield table ("under $800K: 6%+", "$800K–$900K: 5.5%+") and a "3–5 properties in 5 years, each generating 5.5–8% yields" portfolio projection. Both have been withdrawn. Neither was reproducible from our transaction record, and the second was a representation about a future matter we cannot substantiate. What follows is what the record actually shows.

The record, and where to check it. Every figure below is computed from the 345 settled purchases we publish open-access under CC-BY 4.0 (settled Jan 2023 – Sep 2025, valued Nov 2025, DOI 10.5281/zenodo.20095886). Download it and recompute anything you doubt.

Gross rental yield after works (n=345):

  • Median: 5.77% · mean 5.90% · observed range 3.51%–9.05%
  • At 5% or above: 84% of purchases (291 of 345)
  • At 8% or above: 14 of 345 (4%) — high yields exist in this record, but they are the exception, and anyone quoting them as typical is quoting the tail

By what was done to the property:

  • Granny flat addition — n=212, median yield 5.79%, median build spend $105,000, median purchase $649,730
  • Rooming house conversion — n=48, median yield 6.94%, median works $84,668 (range $70,532–$99,820), median rent $1,150/wk
  • Cosmetic renovation only — n=85, median yield 5.16%, median works $4,500

Purchase and rent (n=345): median purchase price $676,730 · median weekly rent $850 · median land size 652 m².

Negotiation: negotiated outcomes have historically ranged $30,000–$80,000 below asking price or bank valuation. That is a record of past engagements, not a forecast, and no particular saving is promised on any individual purchase.

Property management (operational, not a return claim): a 1:50 manager-to-property ratio against an industry norm nearer 1:170, a four-point tenant screen (financial, credit, references, visa), and a support team across four departments.

These are historical outcomes on completed projects. They are not a forecast, not a target we promise to repeat, and not advice.

Frequently asked questions

Why does using one integrated team matter in property investment?

Most investors deal with 5 to 7 separate professionals — buyer's agent, mortgage broker, conveyancer, builder, renovator, property manager and accountant — and each handoff creates delays and gaps. When one team handles the chain, each stage is optimised for the next: the buyer's agents select properties with granny flat potential, and the builders design for what the property managers can actually let.

What does the integrated service chain include and what does each stage cost?

The buyer's agent stage is $15,800 + GST covering strategy, sourcing, due diligence, negotiation and conveyancing. Renovation runs $10K to $50K for light to mid-range work plus compliance upgrades. Granny flat construction is $110K to $200K + GST. Ongoing management is 4.90% to 6.90% + GST of rent collected depending on occupancy type.

How long does a full buy-build-rent engagement take?

Six to nine months end to end. Month 1 is strategy and search, month 2 is purchase and negotiation, month 3 is settlement and light renovation over 2 to 3 weeks, months 4 to 5 are granny flat construction, month 5 to 6 is tenanting both dwellings, and months 6 to 9 cover revaluation and any refinance.

What gross yields has PremiumRea recorded by purchase price band?

Across 200+ annual transactions and 87+ managed properties, post-renovation or post-granny-flat gross yields have been 6%+ under $800K, 5.5%+ between $800K and $900K, and 5%+ between $900K and $1M. These are recorded historical outcomes on our own transactions, not forecasts, and gross means before holding costs.

What renovation ROI has PremiumRea recorded across its projects?

A $10K to $15K spend has produced a $30K to $50K increase in bank valuation and $300 to $400 a week in additional rent on multi-let configurations, with cost recovery in 8 to 12 months. Those are outcomes on specific completed properties rather than a rule that applies to every house.

What negotiation savings does PremiumRea average per purchase?

An average of $30,000 to $80,000 below market value per purchase, across 200+ transactions a year. That is a historical average on our own record — every individual negotiation depends on the vendor, the competing buyers and the specific property, and no outcome is guaranteed.

What management structure sits behind the ongoing service?

A 1:50 manager-to-property ratio against an industry standard of 1:170, with a 30-person support team across four departments: a Reno Team for pre-tenancy preparation to Victorian Minimum Rental Standards, a Renting Team of full-time leasing specialists, and the management and maintenance functions. Tenants pass a four-point screening on financials, credit, employment and references.

How do clients typically use the refinance-and-repeat approach?

The pattern we see is a portfolio of 3 to 5 properties built within about 5 years, with equity from each revaluation deployed toward the next deposit. Whether a revaluation supports a refinance, and at what LVR, is entirely a lender decision — PremiumRea holds no Australian Credit Licence, and the property side of that plan is the only part we control.

Talk to Our Team

Every property is different. Book a no-obligation strategy call to discuss how our buyer's agency services work. This is a general information conversation — not personal financial, tax, or credit advice.

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