WhiteStar Property Management. Your investment is our priority.

WhiteStar Property Management

WhiteStar Property Management is a part of WhiteStar Group. We have a dedicated Property Management team who are able to assist you with end to end property management for

  • Newly built apartments, townhouses and house and land packages
  • Established apartments, townhouses and houses

We are supportive of the first time investor as well as the seasoned investor with a property portfolio. We manage properties throughout Melbourne and extend our service to some regional parts of Victoria. Our focus is on our landlords and tenants. Your investment is our priority.

We understand the importance of leasing your house or apartment quickly. Getting your investment off to the right start is critical. Understanding the leasing market and regularly monitoring your investment’s performance is the key to our success. Investment properties do not have to be hard work for the owner.

Our skill, knowledge and commitment to you, is why WhiteStar Group is changing the face of Property Management. We pride ourselves on great customer service skills, friendly advice and will ensure that your property is managed to the best of our ability.

If you would like more information, please contact us to book an appointment with our senior property manager.

 

 

Landlord Solutions

Routine Inspections

We inspect in accordance with legislation and a detailed report is provided following each inspection.

Regular rent reviews:

To ensure you gain maximum return on your investment, the rent is reviewed annually to keep it in line with market rentals.

Direct credit

To ensure prompt disbursement of your rental proceeds, our office will transfer your rent into your nominated bank account.

Keeping your property in good repair

We give prompt attention to all repairs and maintenance matters and our tradespeople are assessed on their qualifications and insurances before being appointed to carry out any work.

Quality tenant selection

Our Property Managers will only process tenancy applications which are completed and, signed. Prospective tenants will be reviewed and references checked. Each potential tenant will be carefully assessed as to their ability to maintain rental payments and keep the property in a clean and tidy condition.

Safety compliance

Under the new Residential Tenancy legislation, all properties are required to have regular safety checks to ensure compliance. Essentially, Smoke Alarm testing is mandatory every 12 months with Gas Safety, Carbon Monoxide and Electrical Safety Service checks to be completed every 2 years. We work with our chosen service provider to ensure these checks are completed on time and to code, to remove the stress and allow peace of mind for your investment.

Smoke alarms: https://www.consumer.vic.gov.au/housing/renting/changes-to-renting-laws/resources-for-practitioners/rental-provider-smoke-alarms

Gas and Electrical: https://www.consumer.vic.gov.au/housing/renting/repairs-alterations-safety-and-pets/gas-electrical-and-water-safety-standards/gas-and-electrical-safety

Minimum standards

Victoria made significant changes to renting laws in 2021. The requirement for a rented property to meet minimum standards was introduced in the new laws.

https://www.consumer.vic.gov.au/housing/renting/repairs-alterations-safety-and-pets/minimum-standards/minimum-standards-for-rental-properties

What is variable rate home loan?
A Variable rate home loans is when the rate can move up and down. This can fluctuate over time.
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What is fixed rate home loan?
Fixed rate home loans are structured so that for a fixed period of time (often the first 1 to 5 years) the interest rate does not change, regardless of the variable interest rate fluctuations, therefore monthly repayments are the same.
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What is split home loan?
Split home loans allow you the best of both worlds; your loan amount can be split into portions which can be a combination of fixed and variable.
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What is interest only home loans?
Interest-only home loans only require interest repayments, therefore, the repayments are lower. Traditionally, interest-only loans are often used by investors for investment property loans. The term of interest only is typically 1-5 years.
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What is LMI?
LMI is Lenders Mortgage Insurance. This is an insurance premium for loans typically over 80% of the value of the home. This is insurance to protect the lender. This can change from lender to lender and the criteria is normally slightly stricter.
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What is a Deposit Bond?
A Deposit Bond is a Bond that buyers can apply for to replace the normal cash deposit required when buying a property. There are terms and conditions and fees associated with obtaining a deposit bond.
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What is a Family Pledge Loan or Family Guarantee Loan?
These loans are not available with most lenders and they have their own credit requirements. This is where a family member (typically parents) can offer some of their own equity to secure a property purchase instead of cash deposit. A second mortgage is placed on to the family members house to the value of the guarantee amount. The Family Members are not used to service the loan with income and they are not a co borrower.
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