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Friday 20 March 2026

Good morning, David

Your portfolio is 92% occupied. Two leases are up for renewal next month and there are 3 open maintenance requests. Rent collection for March is tracking at 94%.

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12 Hillcrest Rd is under-rented by ~$45/week
Comparable 3-bed properties in Kardella Park are listing at $520–540/wk. Current rent is $475. Lease renewal is due 18 April — consider adjusting to $520 at renewal.
Insight
⚠️
Hot water system at 8 Foreshore Dr is 14 years old
Average lifespan is 10–12 years. Last serviced 18 months ago. Consider proactive replacement before winter — emergency callout would cost 2.5x a planned install.
Action
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Unit 3/44 Main St rent is 7 days overdue
Tenant has been reliable for 11 months — first late payment. May warrant a courtesy check before formal notice.
Alert
Portfolio Value
$2.4M
+6.2% (12 months)
Monthly Rent Roll
$8,420
$7,920 collected (94%)
Occupancy
92%
1 of 12 vacant
Open Maintenance
3
1 urgent (leak)

Quick Access

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Properties

View your portfolio, occupancy status, and property details

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Maintenance

Open requests, contractor quotes, and repair history

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Financials

Rent collection, expenses, yields, and tax reporting

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Tenants

Tenant details, payment history, and communication log

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Inspections

Upcoming inspections, reports, and condition tracking

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AI Forecasting

Vacancy risk, market rent analysis, and renewal predictions

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Properties

12 properties across Kardella Park and surrounds
Address Type Rent/wk Tenant Lease Ends Status
12 Hillcrest Rd 3 bed house $475 M. Thompson 18 Apr 2026 ● Renewal due
8 Foreshore Dr 2 bed unit $380 S. & J. Chen 12 Sep 2026 ● Occupied
Unit 1/44 Main St 1 bed unit $310 R. Patel 30 Jun 2026 ● Occupied
Unit 2/44 Main St 1 bed unit $310 K. Nguyen 15 May 2026 ● Renewal due
Unit 3/44 Main St 2 bed unit $365 A. Morrison 28 Nov 2026 ● Rent overdue
27 Banksia Cres 3 bed house $520 — — ● Vacant
5 Ocean View Tce 4 bed house $640 D. & L. Wright 1 Feb 2027 ● Occupied

Maintenance

3 open requests
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Bathroom leak — ceiling damage
8 Foreshore Dr · Reported by S. Chen · Urgent
Reported 18 Mar
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Dishwasher not draining
Unit 1/44 Main St · Reported by R. Patel · Open
Reported 15 Mar
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Back fence panel loose
12 Hillcrest Rd · Reported by M. Thompson · Open
Reported 10 Mar

Financials

Rent collection, expenses, and portfolio yield
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Rent Collection

Monthly rent roll, payment tracking, and arrears

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Expenses

Maintenance costs, insurance, rates, and management fees

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Yield & Returns

Gross and net yield per property, portfolio ROI

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Tax & Depreciation

Deductions, depreciation schedules, and EOFY prep

📈 Financial Assistant AI

Portfolio net yield (FY25-26 YTD):

Gross rent roll: $8,420/wk ($437,840/yr)
Annual expenses: $62,300 (rates, insurance, maintenance, management)
Net operating income: $375,540
Portfolio value: $2.4M
Net yield: 5.6%

Your best performer is 5 Ocean View Tce at 6.8% net yield. The drag is 27 Banksia Cres — currently vacant, pulling your blended yield down by ~0.4 points.

Sources: Xero, Property records

Maintenance spend (Jul 2025 – Mar 2026): $14,280

Breakdown by property:

• 8 Foreshore Dr — $5,100 (hot water replacement $3,200 + plumbing $1,900)
• 12 Hillcrest Rd — $3,400 (guttering, fence repair)
• 27 Banksia Cres — $2,800 (vacancy make-good: paint, carpet, clean)
• 5 Ocean View Tce — $1,680 (annual garden maintenance contract)
• Other — $1,300

You're tracking 18% above the same period last year ($12,100). The Foreshore Dr hot water system was the outlier — without that, you'd be flat year-on-year.

Sources: Xero, Maintenance log

Tenants

11 active tenancies across 12 properties
Tenant Property Rent/wk March Status Tenure
M. Thompson 12 Hillcrest Rd $475 3 years 2 months
S. & J. Chen 8 Foreshore Dr $380 1 year 8 months
R. Patel Unit 1/44 Main St $310 9 months
K. Nguyen Unit 2/44 Main St $310 1 year 1 month
A. Morrison Unit 3/44 Main St $365 ● 7 days overdue 11 months
D. & L. Wright 5 Ocean View Tce $640 4 years 6 months

Leases

Active lease agreements and renewals
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Upcoming Renewals

2 leases due for renewal in the next 60 days

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All Leases

Full lease register with terms, bonds, and conditions

Inspections

Routine and condition inspections
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Upcoming

3 routine inspections scheduled in the next 30 days

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Inspection Reports

Previous inspection reports, photos, and condition notes

Property Type Date Status
12 Hillcrest Rd Routine (6-monthly) 28 Mar 2026 ● Scheduled
Unit 1/44 Main St Routine (6-monthly) 2 Apr 2026 ● Scheduled
27 Banksia Cres Pre-lease 10 Apr 2026 ● Pending

Vacancy Forecasting

AI-powered vacancy risk and market predictions

🔮 Vacancy Intelligence AI

Vacancy risk assessment:

High risk: 12 Hillcrest Rd — lease ends 18 Apr, rent is $45/wk below market. If M. Thompson doesn't renew, relisting at $520/wk should attract interest within 2 weeks based on current Kardella Park demand. But a 2-week vacancy costs ~$1,040 in lost rent.

Medium risk: Unit 2/44 Main St — K. Nguyen's lease ends 15 May. No renewal discussion yet. One-bed units in this area are averaging 5 days on market.

Low risk: All other occupied properties have leases extending beyond 6 months or long-tenure tenants (D. & L. Wright at 4.5 years are very unlikely to leave).

Recommendation: Start renewal conversations for both Hillcrest and Unit 2 now. Offer Hillcrest at $510 (below full market but above current) to incentivise staying.

Sources: Lease register, Domain/REA market data, Payment history

Market Analysis

Local market rents, trends, and comparables

Market analysis with comparable rents, suburb trends, and portfolio benchmarking would appear here.

Compliance

Regulatory obligations and deadlines

Compliance tracking — smoke alarms, safety switches, pool fencing, bond lodgement, and inspection schedules would appear here.