Buying guide
How much are property management fees in NZ?
If you’ve got an investment property you’ll have a few expenses - find out how much your property manager will cost
AI summary
Property management fees in New Zealand typically range from 7-12% of the gross rental income.
Be aware of potential extra charges for services not covered in the base rate, such as:
- Marketing and finding tenants
- Regular property inspections
- Healthy Homes assessments
- Coordinating maintenance
Some firms offer a higher, all-inclusive rate to cover these costs. While the fees can be significant, a good property manager can save you considerable time and stress, helping ensure your investment performs well.
Property management fees explained
What does a property manager do?
Marketing your property and helping select tenants
Screening and vetting tenants
Managing the end and beginning of tenancies
Collecting rent
A good property manager will save your plenty work.
Organising maintenance and repairs
Ensuring your property meets all relevant regulations
Performing property inspections
Providing expert advice
Is property management worth the fees?
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