The net rate is the rental income after all expenses and fees have been deducted.
Common expenses include property management fees, cleaning costs, utilities, maintenance, council rates, insurance, and platform service fees (e.g., Airbnb or Stayz). Strata fees (if applicable) and seasonal pricing adjustments may also affect the final net rate.
Optimise your listing with professional photos, competitive pricing, and high guest ratings to boost occupancy. Reduce expenses by bundling services (e.g., cleaning and linen hire) and automating utilities. Regularly reviewing your pricing strategy for peak and off-peak periods also helps.
Yes, higher occupancy generally improves net income, but overbooking can lead to higher wear-and-tear costs. Striking a balance between occupancy and nightly rates ensures the best net return without excessive maintenance expenses.
MadeComfy enhances your net rate through dynamic pricing, professional property staging, and streamlined operations. Our local expertise minimises vacancies and reduces overheads by negotiating better rates for cleaning, maintenance, and utilities—maximising your take-home income.
Yes, net rental income is taxable in Australia. Deductions like management fees, repairs, and depreciation can offset taxable income. Always consult an accountant to ensure compliance with ATO regulations and maximise claimable expenses.