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.
Be aware of potential extra charges for services not covered in the base fee. These can include:
- Marketing and finding tenants
- Healthy Homes assessments
- Quarterly property inspections
Some firms offer a higher, all-inclusive rate to cover these additional costs. While the expense can be significant, a good property manager saves landlords valuable time and stress, making it a worthwhile investment.
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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