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

Ben Tutty
Last updated: 2 April 2024 | 4 min read
AI

AI summary

Property management fees in NZ typically range from 7-12% of your gross rental income. Be aware of potential extra charges for services like marketing, Healthy Homes assessments, and property inspections, unless you choose a higher, all-inclusive rate.

A property manager handles tenant screening, rent collection, maintenance coordination, and legal compliance. While a significant cost, a good manager can save you time and stress, but it's crucial to choose a reputable professional to ensure you receive good value.

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?

Author

Ben Tutty Ben Tutty
Content Writer