Cubbi is a property platform for landlords and tenants. It aims to create a "common ground" where both sides can communicate without real estate agents.
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Cubbi is an Australian proptech that allows landlords and tenants to communicate directly through its online service, avoid the real estate middleman and hopefully make an easier experience for everyone. And for the landlord, a cheaper one.
Quick facts about the company.
|Founders||Jason and Michael Gilbert|
|Proptech category||Property/rental management|
What does Cubbi do?
Cubbi makes it easy for you to speak directly and manage effortlessly. It encourages win-wins between owners and tenants so everyone gets what they want.
-Cubbi, in its own words
There are two sides to Cubbi: tenant and landlord. Both can communicate through Cubbi's online platform without the need for a real estate agent.
Cubbi clearly offers the most tangible benefits to property owners: it's cheaper than a real estate agent's commission.
Landlords who manage a property through Cubbi pay 2% of the rent back to the company. This is much cheaper than agent commissions, which can range from 5–15%.
Here's an example:
Cubbi also lets landlords find and vet new tenants and handle the set-up process through their platform. This includes approval, the lease agreement and bond lodgement. You can even upload a condition report video through Cubbi.
Once the tenant is settled both parties can communicate via the platform and schedule inspections or repairs.
You can list your property on Cubbi for $199. This includes listing on the big property sites including Domain and realestate.com.au.
Cubbi doesn't charge any fees for tenants. Essentially, Cubbi acts as the means through which you communicate with your landlord and handles things like identity verification, signing the lease agreement and lodging the bond.
If you have any issues you need the landlord to address you can communicate with them via Cubbi. It functions somewhat like Airbnb for long-term renting.
People looking for a home to rent can search Cubbi for listings too.
Cubbi was founded by brothers Jason and Michael Gilbert. Their own negative experiences in real estate (Michael as a real estate agent and Jason as a tenant) motivated them to create a better renting experience.
They still run the company today and employ a small team based in Melbourne, Australia.
What we think
Finder's quick thoughts on the company and its offering.
There are quite a few property management tools for landlords as well as sites that allow you to list your property without help from a real estate agent.
Cubbi seems to occupy a more unique position because there's an ongoing relationship between landlord and tenant. Unlike do-it-yourself listing services (which charge a flat fee) Cubbi does charge a commission, albeit a much smaller one.
And its robust toolset helps landlords manage their investment from start to finish. It seems like a nice balance between convenience and cost. You do it yourself but the platform makes it much easier to do so.
If you're a very well-organised investor with multiple properties then Cubbi might be more than you need and the 2% commission per payment would add up (although still much cheaper than an agent). You might be better off paying a one-off listing fee to find tenants and handle everything yourself.
Is it really much different for tenants?
If you're a tenant and your landlord uses Cubbi you don't really have much choice. It seems like a convenient system to use but it's unclear how Cubbi's "common ground" approach actually works.
On its website, Cubbi says "You deal directly with the owner and Cubbi is here to support you and guide the way". This sounds somewhat like the Airbnb approach, where the company is the "platform" and there is customer support, but landlords and renters should try and work things out for themselves.
More guides on Finder
Finder’s RBA cash rate survey: 89% of experts support axing stamp duty nationally
An annual land tax should replace the one-off financial sledgehammer of stamp duty on property purchases, say experts. All experts (40/40) participating in Finder's RBA cash rate survey are predicting a cash rate hold this December.
6 of the biggest property mistakes people have made in 2020
Property expert Lloyd Edge shares his insights on the property pitfalls buyers and owners have struggled with in this (unprecedented) year.
10 tips for the first time renter
Are you renting for the first time? Here are 10 tips from our insurance expert who happens to be an avid renter.
What is home equity?
A detailed explainer of the concept of home equity and how property owners can make use of it.
40% of experts predict cut by November, Finder survey
A cash rate trimming may be here before Christmas, according to experts surveyed in this month's Finder RBA Cash Rate Survey™
Energy plans for low income earners and families
Paying the bills isn't on time isn't always easy. Here's what you you need to look out for.
End of lease cleaning
Our guide to how and why you should arrange an end of lease clean.
Best electricity plans for solar owners
Compare feed-in tariffs and more to find a good value plan.
COVID-19 exodus: Millions of Australians move during the pandemic
Coronavirus has many Australians looking for a better deal on their rental, according to new research by Finder, Australia’s most visited comparison site.
Energy plans for renters
Renting shouldn't mean settling for a terrible energy plan. Find out how to make the best of your move.
Home Loan OffersImportant Information*
Up to $3,000 refinance cashback. A flexible and competitive variable rate loan. Eligible borrowers refinancing $250,000 or more can get $2,000 cashback per property plus a bonus $1,000 for their first application. Other conditions apply.
Up to $4,000 refinance cashback. With this competitive variable rate loan from St.George, refinancers borrowing $250,000+ can get up $4,000 cashback and borrow up to 90% of the property's value. (Terms, conditions & exclusions apply).
A competitive variable rate mortgage for owner occupiers $0 application and $0 ongoing fees. This interest rate falls over time as you pay off the loan.
Ask an Expert