Most investors only focus on the management rate percentage and ignore the full fee schedule. A manager charging 7% with high letting and admin fees often costs more than one charging 9% with minimal ancillary fees. Understanding every fee is essential before signing.
Typical Property Management Fee Ranges by State 2026
StateMgmt RateLetting FeeRenewal Fee
QLD8.0–9.9%1–2 wks rent0.5–1 wk rent
NSW5.5–8.8%1–2 wks rent0.5–1 wk rent
VIC5.5–7.7%1–2 wks rent0.5–1 wk rent
WA8.8–9.9%2–4 wks rent1 wk rent
SA7.7–9.9%1–2 wks rent0.5–1 wk rent
TAS8.8–10.0%1–2 wks rent0.5–1 wk rent
All fees + GST. All negotiable, especially for multi-property portfolios.
One Property at a time
Brick by Brick 🧱
General Advice Warning: This article is general in nature and does not constitute personal financial advice. Please consult a licensed financial adviser before making investment decisions.
