PremiumRea Buyers Agent Services Melbourne — Investment Property Sourcing, Owner-Occupier Home Buying, Granny Flat Construction, Rooming House Conversion, Property Management

PremiumRea charges a flat AUD $15,800 + GST for a full investment-property acquisition, and the fee does not move with the purchase price. The owner-occupier line is priced differently because the work is differently shaped: property vetting on a home you have already shortlisted is 0.8% of purchase price + GST with a $12,800 + GST minimum, and a full mandate from suburb selection onward is 2.0% + GST with a $23,800 + GST minimum. A percentage-of-price fee on the investment side would give us a reason to push you up the price ladder, which is why we do not charge one there.

They answer different questions. The investment service is built around what a property will earn: suburb selection on yield and land, second-dwelling or rooming-house feasibility, and a build-and-lease team that takes over after settlement. The owner-occupier service is built around what could go wrong with a home you intend to live in, and runs a 27-point risk screen across land and planning, building and structure, and street and community. About 63% of enquiries state owner-occupier intent while about 95% of signed contracts are investment, so both are shown on this page rather than one being hidden.

Three blocks. Land and planning: zoning, planning overlays, heritage, flood, bushfire, easements, government acquisition and draft planning controls. Building and structure: unapproved works, settlement cracking, asbestos, electrical compliance, termites, orientation and floor plan. Street and community: owner-occupier rate, public-housing density, school-zone NAPLAN results, commute, noise, amenity and comparable sales. It is delivered as a plain-language written report with a one-hour debrief, and it is the same screen on both service lines.

Across the 345 purchases we publish as open data — settled January 2023 to September 2025 and valued November 2025 — the median gross rental yield after works was 5.77%, with 291 of 345 at or above 5% and 14 at or above 8%. Broken down by strategy, the 48 rooming-house conversions recorded a median of 6.94%, the 212 granny-flat additions 5.79%, and the 85 cosmetic-renovation-only purchases 5.16%. Every row is downloadable under CC-BY 4.0 with the DOI 10.5281/zenodo.20095886. These are historical outcomes on completed transactions, not a forecast or a promised return.

No, and this is the single most misread number in the granny-flat market. A 30 m² unit renting at $380 a week produces $19,760 a year, which is about 18% of the $110,000 + GST build cost — but that is a return on the incremental build spend only. The denominator deliberately excludes the land and the existing house that make the build possible, and it also excludes GST, holding costs, vacancy, management and any council or utility impost. Measured on the whole property, the 212 granny-flat additions in our published dataset recorded a median gross yield of 5.79% against 5.16% for cosmetic renovation only. Read the denominator before you read the percentage.

A 30 m² studio is $110,000 + GST and a 60 m² unit from $160,000 + GST, both on a fixed-price contract that includes building permits, construction and compliance certification. Queensland is priced separately because the approval pathway and freight differ. What is not included is anything the site itself imposes — rock removal, hard-surface cutting, deep sewer connections and long service runs are quoted per site, so ask for those to be priced before you sign, not after.

Management is 4.9% + GST of weekly rent for a single occupancy, 6.9% for a dual occupancy and 8.9% for a multi-tenant property such as a rooming house, with the rate rising because the number of tenancies to administer rises. We run about one property manager per 50 properties. Management is optional and is not bundled into the buyers-agent fee — you can use any manager you like and it changes nothing about the acquisition service.

No. We do not accept spotter’s fees from selling agents, we do not sell off-the-plan apartment stock where the developer pays a commission of 3–7% of the purchase price, and we take no referral fee from the brokers, accountants and solicitors we introduce you to. We hold no Australian Financial Services Licence and no Australian Credit Licence, so we do not advise on loans, lenders, superannuation or any financial product. Our only income on an acquisition is the fee you pay us, which is why the fee is flat.

The audit is a one-off $8,800 + GST engagement for a property you sourced yourself and want a second opinion on before you commit. It covers data analysis, market valuation, risk assessment and a negotiation strategy, and it deliberately stops short of the full acquisition service — there is no sourcing and no ongoing mandate. Clients typically use it when they are confident about the property but not about the price.

Six to fourteen weeks is typical: strategy and brief sign-off in week one, shortlist through week three, due diligence on the leading properties by week five, offer or auction by week six, then a 30–60 day settlement. If the right property has not appeared by week fourteen we extend the engagement at no extra fee, because a deadline is a bad reason to buy a property.