A good ballpark is $1,000–$2,500 per unit, but this depends heavily on how extensive the turnover is and whether you’re self-managing or hiring contractors.If you’re looking for more precision, connecting with local property managers or contractors can provide insight into typical costs for properties like yours in the area.

As a fellow West Aussie who's now living in the US, I can tell you this forum and most of the training/courses you'll see online regarding multifamily investment isn't relevant/applicable in Australia.

The information contained in this post is not to be relied upon.

I am a landlord and self manage my units.  

Thanks for the care and detail you put into your posts on self storage.

We develop/Buy Self Storage locations. 

Worst case scenario, if that doesn't work, I can simply do fertilizer applications and landscape lighting as they don't require much labor.

Capacity and Tolerance. 1) Capacity: how many people can you comfortably fit in the property, is there room to add more, or add more value to the tenants to increase rent.2) Tolerance: How many people are you comfortable living with, if there are vacancies are you able to handle that.House hacking is an amazing path to homeownership, and a nice low barrier to entry into self managing your properties.

It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.

I haven't seen anyone ask if you are planning on self managing.The investors that I work with now find the hybrid of the two a better place when they are just starting and growing.