Property Management Fee Calculator

Estimate the annual cost of a property manager in Australia. Enter your weekly rent and the management rate, then add the usual letting and admin fees.

Modern Australian suburban house exterior — Property Management Fee Calculator
Real market datafrom Australian price guides
Independent estimatesset by market data, not providers
Trusted by thousandsof Australians

Your property management fee details

$/wk
Estimated annual property management cost$1,900 – $2,600Indicative estimate only
What’s affecting your estimate
▼ Typical (~7%)+ Letting fee (1–2 weeks rent)+ Admin / statement fees
$2,260Midpoint
Market ratesRecent
How your estimate comparesTypical range
$2,260
$1,500$6,000
✓

Your estimate sits within the typical range.

💡The letting fee (often one to two weeks rent) is charged each time a new tenant is found, so high tenant turnover makes a property manager cost more.

💡Compare total cost, not just the management percentage. A low headline rate with high letting, admin and renewal fees can cost more than a higher rate with fewer extras.

Where the money goes

Estimated breakdown for your configuration

Management (% of rent)$1,45065%
Letting fee$45020%
Admin & other fees$35015%
💰 Ways to save
  • Compare the all-in annual cost (percentage plus fees), not just the headline management rate.
  • A good manager who keeps the property tenanted and maintained often pays for itself.
How we estimate this

Property management in Australia typically costs $1,500 to $6,000 a year in 2026, driven mainly by the management rate (around 5.5% to 9% of rent) plus letting, admin and renewal fees. On $600/week rent at 7%, management alone is about $2,180 a year.

Pricing reviewed: October 2026.

Understanding property management fees in Australia

Property management in Australia typically costs $1,500 to $6,000 a year in 2026, driven mainly by the management rate (around 5.5% to 9% of rent) plus letting, admin and renewal fees. On $600/week rent at 7%, management alone is about $2,180 a year.

The management percentage is only part of the cost. Letting fees (charged per new tenant), admin, inspection and renewal fees add up, so compare the all-in annual cost between agencies.

Frequently asked questions

How much are property management fees in Australia?

Typically $1,500 to $6,000 a year in 2026. The management rate is around 5.5% to 9% of rent, plus letting, admin and renewal fees that vary by state and agency.

What is a letting fee?

A one-off fee (often one to two weeks rent) charged each time the manager finds a new tenant. High tenant turnover means this is charged more often.

Are you a property / finance business?

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