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Home › Property Management › Property Management Fees › Perth, WA
Managing a rental property in Perth can be rewarding, but it also comes with a lot of responsibilities from finding reliable tenants to handling maintenance, inspections, and legal compliance. That’s where a professional property manager comes in.
If you’re thinking of leasing out your home or investment property, it’s important to understand how property management fees in Perth work and what you’re actually paying for. This guide breaks down the main costs, average rates across Western Australia, and how to calculate your expected annual fees.
We’ll also explain the key services included in most property management agreements so you can choose an agent who delivers real value for money.
Key Takeaways Perth property management fees typically range from 8.5–11% of weekly rent. Letting fees are around 2–3 weeks’ rent when sourcing new tenants. Always request a full breakdown of fees before signing any agreement. Property management fees are tax deductible under ATO guidelines. Compare multiple agencies to ensure you get the best value and service.
Key Takeaways
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Think of a property manager as your local partner in taking care of your rental. Their job is to protect your investment, make sure your tenants are happy, and ensure everything follows Western Australia’s tenancy laws.
Here’s a breakdown of what property managers usually do day-to-day:
Find and screen tenants.They’ll list your property on websites like Domain and realestate.com.au, host inspections, and carefully check tenant applications to make sure you get reliable renters.
Prepare the lease.They’ll handle all the paperwork and make sure the lease follows the Residential Tenancies Act 1987 (WA), which protects both you and your tenant.
Collect rent and manage arrears.Property managers keep track of rent payments and follow up professionally if a tenant is late. You’ll receive payments straight into your bank account, with clear statements.
Coordinate repairs and maintenance.If something breaks like a leaky tap or a faulty air conditioner, they’ll arrange a trusted local tradesperson to fix it quickly.
Conduct regular inspections.Usually every 3 to 6 months, they’ll inspect your property, take photos, and send you a report so you know your home is being looked after.
Handle end-of-lease processes.They’ll manage bond returns, final inspections, and ensure everything is left in good condition when tenants move out.
Below you will find our Property Management Fees Calculator. Input the individual costs to uncover the annual property management fees you can expect to incur. The costs listed below are not a comprehensive list.
Before appointing your Property Manager be sure to ask them for a full list of possible additional charges and allow for this is in the field marked ‘Other Fees’. This can include such things as annual statement fees, routine inspection fees, advertising fees etc.
Bear in mind, you will also have other costs associated with insurance and possible repairs and maintenance to your property.
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When you hire a property manager, you’ll typically pay a few different fees. These can vary slightly between agencies, but the main ones are the letting fee, management fee, and some additional service fees.
Let’s break each one down:
The letting fee is a one-time charge you pay when your property manager finds a new tenant for your home. In Perth and across WA, the letting fee is usually 2–3 weeks’ rent. So, if your property rents for $600 per week, your letting fee would be around $1,200–$1,800. It covers:
Tip: You only pay this when you get a new tenant. If your tenant stays for years, you won’t pay another letting fee until they move out.
This is the main fee property managers charge for their ongoing work. It’s usually a percentage of the rent collected each week. In Perth, management fees generally range between 8.5% and 11% of your weekly rent. This fee covers:
Tip: Always ask your agent what’s included in their management fee. Some agencies may include inspections or lease renewals in this fee, while others may charge them separately.
Besides the two main ones, some property managers charge smaller, occasional fees. These aren’t always advertised upfront, so it’s smart to ask for a full list before you sign a contract. Here’s what you might come across:
Tip: Always ask for a detailed breakdown of fees and get it in writing so you won’t be caught off guard later.
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Not all property managers are the same and the cheapest one isn’t always the best. Here’s how to find the right fit for you:
Experience in your suburb:Choose someone who knows your local market, vacancy rates, and what tenants are looking for.
Transparent pricing:Ask for a written list of fees. The best agents will be upfront, no surprises later.
Communication:You should get regular updates and easy access to your manager when you need them.
Maintenance process:Check how they handle urgent repairs and which tradespeople they use.
Tenant screening:A careful screening process means fewer problems later.
Hiring a property manager isn’t just about convenience, it’s about protecting your investment and making sure your rental property performs at its best. Whether you own one home or several, a good property manager will take care of everything from tenant screening and rent collection to maintenance and legal compliance.
If you’re new to renting out property, it’s worth taking the time to compare a few agencies before choosing one. Look for a manager who communicates clearly, understands your local area, and offers transparent pricing with no hidden extras.
Remember, the right property manager can make being a landlord simple, stress-free, and even enjoyable. You’ll have peace of mind knowing your home is being cared for, your tenants are happy, and your income is steady.
Let the best Perth managers handle it for you, compare trusted experts now.
Yes. According to the ATO, they’re considered investment expenses and can be fully claimed at tax time.
You don’t pay a management fee if no rent is being collected, but you might still pay advertising costs to find a tenant.
Yes, but you’ll need to handle all legal, financial, and maintenance matters yourself which can be time-consuming and risky for first-timers.
Every 3 to 6 months, following WA tenancy regulations.
Yes, you can. Just check your agreement’s notice period.
Landlord insurance, council rates, water usage, and occasional maintenance.
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