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 NZ typically range from 7-12% of your gross rental income. Landlords should also budget for potential extra charges for specific services.
Common additional costs can include:
- Marketing and finding new tenants
- Healthy Homes standard assessments
- Regular property inspections
- A percentage fee for organising maintenance
Some firms offer a higher, all-inclusive rate (around 10-12%) to cover these tasks. While a significant expense, a good manager can save you time and stress.
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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