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
Understanding property management fees is crucial for Kiwi investors. Typically, you'll pay 7-12% of gross rental income, which is about $43-$74 weekly on an average rent.
Be aware of potential extra costs for services not included in the base rate:
- Finding tenants ($300-$500)
- Healthy Homes assessments ($150)
- Regular inspections ($35-$65)
While the annual cost can be significant, a good property manager saves you time and stress by handling tenants, maintenance, and compliance, ultimately protecting your 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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