Turn one Melbourne property into room-by-room income
Coroom manages share houses, rooming houses and co-living properties across Melbourne end-to-end, so multi-room housing earns more per property without you taking on the day-to-day work of managing multiple tenants.
What makes share houses hard to manage yourself
High tenant turnover
Share houses cycle through far more move-ins and move-outs than a single-tenancy rental — every changeover means re-screening, cleaning and re-listing a room.
Compliance headaches
Rooming house licensing, bond lodgement and lease documentation carry real legal risk if handled incorrectly, and the rules aren’t the same as a standard rental.
Constant tenant disputes
Shared kitchens, bathrooms and common areas mean more friction between housemates — and disputes left unmanaged turn into early lease-breaks and vacancies.
None of that goes away by itself — it just lands on whoever's managing the property. That's the job Coroom takes on.
Why room-by-room management?
- Higher total rental yield than a single whole-property lease.
- Vacancy risk spread across multiple tenants, not one.
- Professional screening and compliance for every tenancy.
What's included
- Tenant screening and applications
- Rent collection and accounting
- Maintenance coordination and trades
- Routine, move-in and move-out inspections
- Lease agreements and rooming house compliance