Western & Northern Sydney
Property management fees · Sydney, NSW
Property management fees in Sydney are usually a percentage of your rent plus a list of extra charges. This guide sets out what property managers charge, what each fee is for, and how a fixed monthly fee compares on your own rent.
The short answer
Most Sydney agents charge an ongoing management fee of around 5% to 8% of the rent collected. Published 2026 comparisons put the Sydney average at about 5.4%, and the New South Wales average at about 5.8%.
On top of that comes a letting fee, usually one to two weeks rent, each time a new tenant is placed. Many agencies then add smaller charges for lease renewals, advertising, inspections and statements. Those extras are where two quotes with the same percentage can end up hundreds of dollars apart.
| Fee | What it covers | Typical in Sydney | Future Nexus Legend Real Estate |
|---|---|---|---|
| Management fee | Rent collection, tenant contact, repairs, day-to-day management | About 5% to 8% of rent collected | Fixed $69 / $89 / $99 a month |
| Letting fee | Finding and signing a new tenant | One to two weeks rent | 1 week rent leasing fee only |
| Lease renewal fee | Renewing the lease with an existing tenant | Often half to one week's rent | No lease renewal fee |
| Advertising | Listing the property and photography | Often $100 to $500 per campaign | Set out in your written proposal |
| Admin and statement fees | Monthly statements, postage, end-of-year summary | Varies by agency | No admin or annual statement fees |
Typical ranges are drawn from published 2026 fee guides by LocalAgentFinder, Which Real Estate Agent and What's the Damage. Individual agencies vary, and all fees attract GST.
Property management fee calculator
Pick your property type, then set your weekly rent and the percentage you have been quoted. The calculator compares the ongoing management fee only.
Worked example
Take a Sydney house renting for $800 a week, which is close to the city's median house rent in 2026. A 5.5% management fee comes to $2,288 a year. Our fixed fee for a house is $99 a month, or $1,188 a year. That is $1,100 a year less, before any lease renewal or admin fees a percentage agent may add.
| Property | Weekly rent | 5.5% fee per year | Our fixed fee per year | Difference |
|---|---|---|---|---|
| Apartment | $700 | $2,002 | $828 | $1,174 |
| Townhouse | $750 | $2,145 | $1,068 | $1,077 |
| House | $800 | $2,288 | $1,188 | $1,100 |
Illustration only, ex GST, ongoing management fee only. The rents are examples; percentage rates and extra charges vary between agencies.
A percentage fee is tied to your rent, so every rent increase is also a fee increase, even though the work of managing the property has not changed. A fixed fee is set by property type and stays the same when the rent rises.
The fixed fee covers rent collection and arrears, tenant communication, inspections, repairs coordination, lease renewals, bill payments and statements. See how our property management service works.
Questions
Most Sydney agents charge an ongoing management fee of around 5% to 8% of the rent collected, plus a letting fee of one to two weeks rent each time a new tenant is placed. Many also charge for lease renewals, advertising, inspections and statements. Future Nexus Legend Real Estate charges a fixed monthly fee instead: $69 for an apartment, $89 for a townhouse and $99 for a house, ex GST. Our leasing fee for a new tenant is one week rent only.
Published 2026 comparisons put the average Sydney management fee at about 5.4% of weekly rent, with New South Wales averaging about 5.8%. On a rent of $800 a week, 5.4% is roughly $2,250 a year before any extra fees.
It depends on your rent. A percentage fee rises every time your rent rises; a flat fee stays the same. At a 5.5% fee, a $99 monthly flat fee costs less once rent is above about $415 a week, which covers most Sydney rentals. Use the calculator on this page with your own rent to check.
Ask for the full fee schedule in writing. Common extras are the letting fee, lease renewal fee, advertising, routine inspection fees, monthly admin or statement fees, an annual or end-of-financial-year statement fee, and charges for tribunal attendance.
Management fees paid on a property that is rented or genuinely available for rent are generally deductible against rental income. Your accountant can confirm how this applies to you.
Often, yes. Percentage rates and extra charges vary between agencies, so it is worth comparing written proposals. With a fixed fee there is nothing to negotiate: the price is set by property type.
Yes. Check the notice period in your current management agreement. We review the agreement with you and coordinate the handover with your current agent; your tenant stays in place and keeps paying rent as normal.
Get a free proposal with your fee and inclusions before you decide. No lock-in contracts.
