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
In New Zealand, property management fees typically range from 7-12% of the gross rental income.
Landlords should also budget for potential extra charges, which can include:
- Marketing and finding tenants
- Healthy Homes Standard assessments
- Quarterly property inspections
- Coordinating maintenance and repairs
Some companies offer a higher, all-inclusive rate, while others have a lower base fee with add-on costs for these services. A good property manager can save you significant time and stress, making the expense worthwhile.
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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