This sold rent roll covers 362 properties in Melbourne's City of Hume, comprising 353 residential and nine commercial properties. Annual management income is $441,603 and total rent-roll income is $517,380, with an average residential management fee of 5.99%.
Written by us from the broker's listing. Read the full listing on The Rent Roll Broker's site.
Key facts
Portfolio
Property type
Residential
Properties
362
Property mix
353 residential, 9 commercial
Average weekly rent
$398
Location
Melbourne – North West, VIC
Suburbs mentioned
Not disclosed
Income
Annual management income
$441,603
Other fee income
$75,777
Total income
$517,380
AAMI (per property)
$1,220
Average management fee
5.99%
Price
Price type
Fixed price
Price
$1,655,000
Multiple
3.75× (calculated: price ÷ management income)
GST basis
Excluding GST
Sale details
Status
Sold
Staff
Not disclosed
Office
Not disclosed
Software
Not disclosed
Reason for sale
Not disclosed
Listed
3 Nov 2022
Sold
Already sold when we first saw it
Broker reference
RRB2217
Price and status history
First seen as sold15 Oct 2026
Information summarised from The Rent Roll Broker's listing (ref RRB2217). Last checked today. Always confirm details with the broker.