Perth Property Management Fees Guide in 2025
The #1 question for Perth landlords and property investors in 2025 is “How much will property management fees in Perth cost me?”
Property management fees and charges vary significantly from one company to the next, making it difficult to compare options or assess how much reliable Perth property management should cost.
In this practical guide, we’ll walk you through a complete breakdown of the fees most Perth property managers charge, as well as the average estimates for them.
We’ll also help you calculate how much you would expect to pay for a property manager.
Prefer to see HERE Property’s management fee schedule? Simply get in touch.
Understanding property management fees: What does a property manager even do?
Managing an investment property yourself can be very time-consuming and stressful.
It’s a real challenge to understand the legal obligations, rules and regulations, as well as having the necessary expertise required to deal with tenants, determine your rent prices, draft agreements, maintain landlord compliance and more.
Property managers take the whole process off your plate and manage the property for you.
What does a good property manager do?
Generally, the duties and responsibilities that a good property manager will handle include:
- Determine the accurate rental value of your property
- Create engaging rental advertising campaigns to maximise the pool of prospective tenants
- Inspect the property regularly and updating you on its condition with recommendations to maintain asset value
- Ensure that rent is always paid on time
- Organise cost effective trades to perform repairs and maintenance duties on the property
- Liaise with the tenants to deal with any complaints or issues that may arise
- Deal with difficult tenants, including guiding you through the eviction process and facilitating insurance claims, if necessary
- Maintain low vacancy rates across your portfolio by retaining quality tenants
Many property managers will also give you a free rental appraisal that considers the property’s condition and location to match its rent price with the market.
What to consider when comparing Perth property management services
While there could be many Perth property managers in your local area that offer property management services, not all of them will offer the same level of service or expertise.
It will be up to you to consider the level of service that optimises the rental return of your property investment and the local experience in light of the property management fees charged.
Here’s everything you need to know about choosing the right property manager for you.
Perth Property Management Fees: A Comprehensive Guide
To help you assess your options, here’s a comprehensive list all of the potential property management fees Perth with descriptions to help you understand what they are for.
1) Ongoing Rental Property Management Fees
The ongoing property management fee is the main fee you pay to the property manager.
It’s usually based on the gross weekly rental amount and the average Perth property management fees currently range from 8% to 9.5% of the rent price. This may be higher in regional or rural areas of Western Australia.
A flat fee structure regardless of the amount of rent received has seen growth in popularity in recent years, but this has been more common in other metro cities across Australia and less so in Perth.
Something to consider: property managers that charge a percentage fee, plus items on occurrence, tend to be more experienced and better resourced, and provide you with a more personalised service.
2) Letting Fee or Leasing Fee
A letting fee (or leasing fee) is applied when a property management company must find a new tenant for your property. An average letting fee is usually two weeks’ rent plus GST, or 2.2 weeks’ rent.
The letting fee covers the cost of finding and securing a tenant for a vacant property and covers:
- an assessment of the rental value
- conducting property inspections with prospective tenants
- screening and processing applications, including reference checks
- lease execution
- bond processing and lodgement.
At HERE Property we add more value and the letting fee charged also includes orientation interviews with the tenant to advise them of their rights and responsibilities, an explanation of the lease in detail, and signing of all necessary paperwork to ensure legislative compliance.
3) Lease Renewal Fee
Keeping your investment property occupied at a fair negotiated market rent is an important part of property management. When the current lease on your property is due to expire your property manager should implement a proactive plan that assesses the market conditions at the time and negotiate new lease terms and rental agreement to ensure that your property remains tenanted so that you can receive an uninterrupted rental income stream.
Top Perth property managers usually charge around 0.5 to 1-week’s rent plus GST or 1.1 weeks’ rent and commence the lease renewal process three months ahead of the lease expiry.
4) Routine Inspection Fees
Regular and thorough inspections prevent minor issues from becoming major problems. Routine inspections monitor the well-being of your property, and tenant safety and document how the tenant is caring for the property as well as identify and help plan for any required maintenance.
The Residential Tenancies Act allows a maximum of four routine inspections each year and fees can range from $77 to $99.
5) Marketing and Online Advertising
Advertising a vacant property online is the most effective strategy. Each advertisement consists of professional photography and descriptive information about your property.
Your property manager should place your property on all major real estate websites, write an eye-catching advertisement for your property and organise professional photos to maximise your chance of renting the property in the least amount of time possible.
6) Property Condition Report
The property condition report comprehensively details the condition of your property at the commencement of each tenancy.
This is an important document that acts as the basis for bond disposal at the end of the tenancy. In cases where there are disputes, this document acts as the most reliable piece of evidence submissible in possible court proceedings. Because it is a legally required document it should be provided to the tenant in a prescribed format within 7 days of the tenancy commencement.
Pricing ranges from $250 to $495 and can vary based on the size of your property, gardens, and level of furnishings included.
At HERE, we add more details than required by legislation, as well as take many photographs that can act as evidence. There is a negotiation phase at the start and eventual end of a tenancy to promote tenant acceptance of these reports.
7) Final Inspection and Outgoing Bond
A final inspection is conducted when the tenant vacates the property and is used to finalise the disbursement of the bond based on the outcome of the inspection. This inspection is carried out against the ongoing condition report and is required to decide whether arranging repairs for damages or cleaning need to be charged from the tenants’ bond.
During this comprehensive inspection, the property manager will carefully compare the state of the property to the original Property Condition Report, noting wear and tear, maintenance items, any damage, and items requiring cleaning.
8) Tribunal Preparation Fee
Sometimes, evicting a tenant can be troublesome, leaving you no other choice but to go to the Tribunal. In that case, the property manager will charge you a Tribunal preparation fee that covers preparing the required documents for your case.
9) Administration
Property managers in Perth may charge a monthly administration fee to cover ongoing costs such as management software and client portal subscriptions, administrative tasks like photocopying and postage, as well as phone calls and SMS with the owner, tenant, and maintenance contractors.
10) Annual Tax Statement
An End of Financial Year tax statement, or annual financial statement, that summarises all income and expenditure. Some property managers may also charge you a monthly reporting fee for this.
11) Additional Fees
There are other fees or ancillary costs that may form part of property management fees, such as when certain incidents arise, or you request these additional items. It’s important to check if these are covered or add to your existing fees.
How to Calculate Total Property Management Fees and Costs
To make it easier for you to calculate the estimated Perth property management fees for your investment property, let’s take a look at an example.
Let’s assume you own a property in Perth that you’re currently renting out at $650 per week, and you decide to work with a property manager that charges a management fee of 8.8%.
Here’s how you can calculate the management fees for your property:
Property management fees
(8.8% of $650 per week) x 52 weeks = $2,974.40
Property leasing fees
Leasing fees (two week’s rent + GST) = $650 x 2 + GST = $1,430
Property marketing fees (flat rate) = $295
Other fees
Lease renewal fee (0.5 week’s rent + GST) = $650 x 0.5 + GST = $357.50
Monthly admin fees ($10 x 12 months) = $120
Annual statement fee (flat rate) = $55
The total amount of fees you’d expect to pay here is roughly $4,936.90/year.
Of course this is just a rough estimate, and the total amount you’ll have to pay may vary depending on the property manager you choose and other variables.
You should also keep in mind that your property manager may adjust your rent to match it with market rates. In that case, fees like lease renewal fees and leasing fees may change.
Be sure to compare property management fees across multiple property managers and opt for the manager with the lowest historical (5 year) vacancy rates, which will point to less annual vacancy as well as strong tenant retention.
Why It’s Important To Research Perth Property Management Companies and Fees
When you are searching for the right Perth property management agency to partner with, you need to have a solid understanding of what fees will be involved. Not all companies are structured the same, so these guidelines may present themselves in other ways like flat-rate services.
Make sure you do your research and understand which property services are covered in your contract and if the property management agency uses highly qualified repairmen and agents to handle your property. You don’t want to be overpaying for bad work and careless managers who let your property fall apart.
All things considered, the best Perth property management company to hire is the one that gives you the highest and best net return and keeps your investment in top shape. Saving a few dollars may look attractive at the outset, but if it should cost you vacancy or repair, then it’s never worthwhile.
While cheaper property management companies may seem like an ideal option to maximise your income, this can end up costing you far more.
Property management teams with the systems and technology in place to maximise your return and minimise your exposure to risk must charge accordingly for their investment in such technologies.
These offices also tend to have a better staff culture and less turnover of staff, which means a much more enjoyable and profitable client experience.
Got questions about property management fees in Perth? We’re HERE to help
If you would like help with your Perth property management questions or would like to receive a comprehensive list of HERE services, contact us today.
Note: A previous version of this article was published in 2018 and has been updated for 2025.
