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Welcome to MACBAR Property Management

MACBAR Property Management was established as a result of our passion for the industry to improve property management across the Melbourne metropolitan area.

We pride ourselves in being service focused, not only to the landlord, but also to the tenants. We aim to make a positive difference to property owners when managing their properties. Our excellent communication and above all our honesty and loyalty, ensures your most valuable asset is in the best possible hands.

Property Management has one of the highest staff turnover rates. In any industry, this can be a significant cause of financial loss, poor property management and customer service to landlords. We have discovered this first hand as property owners and property investors. We understand the property legislation and have the experience in knowing both tenant and landlord rights.

Transfer your property to MACBAR Property Management and receive a $50 Coles Myer Gift Voucher plus 2 weeks FREE Property Management.

Bond Details

What is a Tenancy Bond?
A rental bond is a security deposit a tenant pays at the start of a tenancy. It is held by the Residential Tenancies Bond Authority (RTBA) and is paid back to the tenant at the end of the tenancy provided no money is owed to the property manager/owner for rent, damages or other costs.
How Much is the Bond?

The bond amount is usually equivalent to one calendar month rent. To calculate the bond take the rental amount x 52 weeks of the year and divide by 12 months.

Eg: $200 per week x 52 Weeks/12 = $867.00 bond*
NB: This is an approximate estimate - it is calculated on a daily rate as per VCAT which differs slightly. The bond amount can be more if the rental price is over $350.00 per week.

Paying the Bond
At the start of your tenancy, you need to pay the bond amount with a separate bank cheque or money order made payable to the RTBA.

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