What types of rental properties does Housit manage?

Housit manages two types of residential rental properties in Queensland: standard whole-house rentals, where one household rents the entire property on a single lease; and sharehouses, where individual rooms are leased to separate tenants each under their own tenancy agreement. Both are managed for the same flat $39/week + GST fee.

What is the difference between a standard rental and a sharehouse in Queensland?

In a standard rental, one tenant or household signs a single lease for the whole property and is jointly responsible for the rent. In a sharehouse, each occupant rents only their room under their own individual lease, pays their own rent, and lodges their own bond. Sharehouses typically generate higher total rent but require more active management due to multiple tenancies.

Should I rent my property as a sharehouse or a standard rental?

It depends on the property and your goals. Sharehouses typically yield more rent — a 4-bedroom property can earn $200–$400 more per week room by room vs as a single tenancy. However they have higher tenant turnover and more individual lease administration. Standard rentals are simpler to manage, attract long-term family or couple tenants, and have lower vacancy risk across the whole property. Properties with 3+ bedrooms and proximity to public transport and shops are well suited to sharehouses.

Does Housit charge more to manage a sharehouse than a standard rental?

No. The weekly management fee is the same flat $39/week + GST for both property types, regardless of how many rooms or tenants. The only difference is the tenant placement fee: $550 or one week's rent (whichever is lower) for a standard rental, and $200 + GST per tenant for a sharehouse.

Can I switch from a standard rental to a sharehouse?

Yes. When the existing tenancy ends, Housit can transition your property from a standard whole-house rental to a sharehouse model. We handle the new individual leases, bond lodgement, and advertising for each room. The weekly management fee stays the same.

Property Types — Queensland

Two types of rental property.
One flat weekly fee for both.

Name: Housit
Address: 2/290 Boundary Street, Spring Hill, QLD, 4000, AU
Telephone: 1800955180
Price range: $39/week
Rating: 4.8

Housit manages standard whole-house rentals and sharehouses across Queensland. Whether your property has one household on a single lease or multiple tenants renting individual rooms, we manage it for the same $39/week + GST — and help you decide which arrangement will work best for you.

Property types managed

$39

Per week + GST, both types

Lock-in or exit fees

The Two Models

How each property type works

Understanding the difference helps you choose the right model for your property and your investment goals.

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Type 1

Standard Rental

One household rents the entire property under a single lease. All occupants share joint responsibility for the rent.

How it works

One tenancy agreement (RTA Form 1a) for the whole property

All tenants are jointly and severally liable for the rent

One bond lodged with the RTA for the whole property

Rent paid as a single amount each month

Vacancy means zero rental income until re-let

Best suited to

→Families and couples seeking a whole home

→Long-term tenants who prefer stability

→Properties in family-oriented suburbs

→Owners who prefer simpler tenancy administration

Housit fee

$39/week + GST

+ $550 or 1 week's rent (lower) per tenant placed

Standard rental managementarrow_forward

Higher yield

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Type 2

Sharehouse

Individual rooms are leased to separate tenants, each with their own tenancy agreement, bond, and rent payment.

How it works

Each room has its own RTA Form R18 rooming agreement

Each tenant is only responsible for their own room and rent

Separate bond lodged per tenant with the RTA

Rent collected individually from each tenant

One vacant room doesn't stop income from the others

Best suited to

→Young professionals, students, and workers

→3+ bedroom properties near public transport and shops

→Properties in high-demand, high-turnover locations

→Owners seeking maximum rental yield

Housit fee

$39/week + GST

+ $200 + GST per tenant placed (per room)

Sharehouse managementarrow_forward

Side-by-Side

Standard rental vs sharehouse — the full comparison

	Standard Rental	Sharehouse
Who rents the property	One household on a single lease	Multiple tenants, one per room
Number of leases	One lease for the whole property	One individual lease per room
Bond lodgement	One bond per property	One bond per tenant
Rent collection	One payment from the household	Separate rent from each tenant
Vacancy impact	Vacancy = zero income for the property	Vacancy in one room, others continue
Typical rental yield	Market rent for the whole property	Often $200–$400/week more in total
Tenant turnover	Lower — families and couples stay longer	Higher — housemates move more often
Management complexity	Simpler — one tenancy to manage	More complex — multiple tenancies
Best suited to	Families, couples, long-term tenants	Young professionals, students, workers
Housit weekly fee	$39 + GST per week	$39 + GST per week (same)
Tenant placement fee	$550 or 1 week's rent (lower applies)	$200 + GST per tenant placed

Decision Guide

Which model suits your property?

A few key factors usually point clearly in one direction.

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Your target tenant

Standard rental

Families, couples, or long-term professionals looking for a whole home

Sharehouse

Young singles, students, FIFO workers, or short-to-mid-term renters

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Location

Standard rental

Family suburbs, school catchments, quieter residential areas

Sharehouse

Near public transport, shops, or high-demand residential areas

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Number of bedrooms

Standard rental

Smaller homes (2–3 bedrooms) or family-sized layouts with shared living space

Sharehouse

3+ bedrooms — more rooms means more income in the room-by-room model

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Your income priority

Standard rental

Consistent long-term income with low turnover and simpler management

Sharehouse

Maximum weekly yield — often $200–$400/week more for a 4-bedroom property

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Management complexity

Standard rental

Simpler — one tenancy, one bond, one rent payment to manage

Sharehouse

More active — multiple tenancies, bonds, and rent streams (we handle it all)

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Vacancy tolerance

Standard rental

Any vacancy means zero income — but vacancies are less frequent

Sharehouse

One empty room still leaves others earning — but rooms turn over more often

Real Numbers

What the difference looks like in weekly rent

Approximate example for a 4-bedroom house in Brisbane. Sharehouse room rents vary by suburb and condition.

3 bedrooms

Standard rental

$650/wk

Sharehouse

$750/wk

3 rooms × ~$250/room/week

+$100/week as a sharehouse

4 bedrooms

Standard rental

$780/wk

Sharehouse

$1,040/wk

4 rooms × ~$260/room/week

+$260/week as a sharehouse

5 bedrooms

Standard rental

$900/wk

Sharehouse

$1,350/wk

5 rooms × ~$270/room/week

+$450/week as a sharehouse

Illustrative estimates only. Actual rents vary by suburb, property condition, and market conditions.

Same Flat Fee

Both types. One straightforward price.

Whether you choose a standard whole-house rental or a sharehouse, the weekly management fee is the same. No complexity surcharge.

payments

$39/week + GST

Flat fee for either property type — all ongoing management included

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No per-room charges

A sharehouse with 5 rooms costs the same weekly fee as one with 3 rooms

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No lock-in contract

Leave any time with no exit fees — for both standard rentals and sharehouses

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Same full-service team

Tenant screening, inspections, maintenance, compliance — covered for both types

FAQ

Common questions about property types

Does Housit charge more to manage a sharehouse?

No. The weekly management fee is the same flat $39/week + GST for both property types. The tenant placement fee differs: $550 or one week's rent (whichever is lower) for a standard rental, and $200 + GST per tenant placed for a sharehouse.

What is the main legal difference between the two types?

In a standard rental, one lease covers the whole property and all occupants are jointly liable. In a sharehouse, each tenant has their own individual RTA Form 1a, pays their own rent, and lodges their own bond. Both fall under the Residential Tenancies and Rooming Accommodation Act 2008 (Qld), but the sharehouse model involves managing each room as a separate tenancy.

Which type has higher vacancy risk?

In a standard rental, a vacancy means zero income for the entire property. In a sharehouse, a vacancy in one room still leaves the other rooms generating income. However, sharehouses typically have higher individual room turnover since housemates move on more frequently than families or couples in a whole-house rental.

Can I convert my property from a standard rental to a sharehouse?

Yes. When the existing tenancy ends, Housit can transition your property to the sharehouse model. We handle new individual leases, bond lodgement per tenant, and advertise each room. The weekly management fee stays the same.

Do both types require the same inspections and compliance?

Yes. Both require entry condition reports, routine inspections, exit inspections, and compliance with Queensland minimum housing standards. For sharehouses, entry condition reports are completed per room, and routine inspections cover all common areas and individual rooms.

Which type is better for my investment?

It depends on your property and goals. Sharehouses typically generate more weekly income, especially for 3+ bedroom properties near public transport and shops. Standard rentals attract longer-term tenants and have simpler administration. We are happy to talk through which model suits your property — no obligation.

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