Understanding property management fees is one of the biggest challenges for new and experienced landlords alike. With different pricing models, hidden costs, and varying service levels, it can be difficult to know whether you’re getting real value — or simply paying too much.
Here’s a simple breakdown of how property management fees work in NSW, what’s changing in 2026, and what landlords should realistically expect.
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Management Fees — The Core Cost
This is the recurring fee your property manager charges to handle:
✔ Tenant communication
✔ Rent collection
✔ Maintenance coordination
✔ Arrears
✔ Lease renewals
✔ Routine inspections
Typical Range:
🏷 4.5% – 7.5% in Western Sydney
Depending on the suburb, service level, and agency structure.
A lower fee is not always better — poor management can cost you far more in the long run.
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Letting / Leasing Fee
This covers the work required to find and secure a new tenant:
✔ Photography
✔ Marketing
✔ Open homes
✔ Processing applications
✔ Lease signing
Typical Range:
🏷 1 week’s rent + GST
A strong letting process results in better tenants, faster leasing times, and higher rental returns.
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Lease Renewal Fee
When an existing tenant renews their lease, most agencies charge a small renewal fee.
This covers rent review, documentation, and system updates.
Typical Range:
🏷 20% – 40% of weekly rent
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Advertising / Marketing Fees
If not included, agencies may charge for:
- Featured ads on realestate.com.au
- Domain listings
- Social media campaigns
- Professional photography
Typical Range:
🏷 $150 – $450, depending on the marketing package.
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Routine Inspection Fees
Most property managers include this in the management fee.
Some charge it separately.
Typical Range:
🏷 $0 – $80 per inspection
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What’s Changing in 2026?
The NSW rental market has shifted dramatically, especially in Western Sydney. Expect:
✔ More demand for transparent, fixed-fee models
✔ Higher expectations from investors around communication
✔ Greater emphasis on compliance & legal protection
✔ Strong preference for agencies offering full-service management
This means landlords are demanding more value, and poor-performing agencies are losing clients quickly.
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What a Good Agency Should Deliver
A quality property manager should offer:
✔ Clear communication
A quality property manager should offer:
✔ Clear communication
✔ No hidden fees
✔ A proactive maintenance process
✔ Zero arrears tolerance
✔ Strong negotiation skills
✔ Local Western Sydney market knowledge
Ultimately, fees matter — but value matters more.
At Realty Center, our focus is simple:
Lower fees. Better management. Higher returns.
