What Perth property managers actually charge.
Every fee type, what the market charges for each, and a calculator that shows the real annual cost rather than the headline percentage. Written by a property manager, which means I have an interest here. I have tried to write it so you would still find it useful if you never called me.
The percentage is the number every agency leads with, and the least useful one you have.
A 9 per cent agency with a full schedule of extras can cost more than a 10.5 per cent one that includes everything.
What each fee is, and what the market charges.
Perth property management involves several distinct charges beyond the headline rate. Here is each one, what it covers, and the range you will typically see quoted across the market.
Ranges reflect general market research across Perth agencies during 2026 and do not refer to any specific agency. Always get a full written fee schedule before you compare. Nothing on this page states what Local Property Partners charges, which you can work out on the fee calculator.
Management fee
Charged on rent collected. It covers rent collection and disbursement, tenant communication, maintenance coordination, compliance, reporting and the day to day running of the tenancy.
Boutique and specialist agencies tend to sit at the lower end, higher volume franchises at the upper. Some charge a flat rate regardless of rent, others tier it so higher rents attract a lower percentage. Ask whether the fee applies to rent only or also to tenant reimbursables like water, because a percentage charged on money that simply passes through is a real cost that never appears in the headline rate.
Letting fee
Charged when a new tenant is placed. Advertising, home opens, screening, reference and database checks, lease preparation and bond lodgement. At $750 a week, two weeks rent plus GST is about $1,650.
Because it is per tenancy rather than ongoing, tenant retention is worth more than most owners realise. A tenant who stays four years means you pay it once. A property that turns over annually means you pay it four times, plus four advertising campaigns and four vacancy periods.
Advertising and photography
Per vacancy. Professional photography, portal listings, a signboard, sometimes a floor plan or virtual tour. Not an ongoing charge.
This is the one worth spending on. A single extra week of vacancy at $750 costs more than most full marketing packages, so saving $200 on photography to spend an extra fortnight on market is a poor trade. Check what is included and at what standard rather than assuming it is covered by the letting fee.
Routine inspection
The Residential Tenancies Act 1987 (WA) permits up to four routine inspections in any twelve month period, with proper written notice before each one.
Inspections document condition, catch maintenance early and build the record that matters if a bond is ever disputed. The price range mostly reflects what you actually get: a two page PDF of phone photos and a detailed report with dated images are both called a routine inspection. Ask to see a sample before you sign.
Lease renewal
Charged when a tenant renews. Covers the rent review, market assessment, negotiation and updated documentation.
Worth asking how far ahead the review happens. Rent can generally only be increased once every twelve months in WA, so a renewal handled late does not just delay an increase, it can cost you the whole year's worth of it.
Property condition report
A written and photographic record of the property before the tenant moves in. Under the Residential Tenancies Act 1987 (WA), copies must reach the tenant within seven days of the tenancy starting.
It is also the document a disputed bond is decided on, because the ingoing and outgoing records get compared side by side in the Magistrates Court. Dated photographs and specific written descriptions are the evidence. Ticks in boxes are not. This is not a fee to shop on price for, but it is one to ask whether it is included.
Final bond inspection
Conducted when the tenant vacates, comparing current condition against the original condition report to work out what if anything comes out of the bond.
Together with the condition report this pair can add $300 to $600 per tenancy change. Some agencies include both. Confirm which approach applies before you sign anything.
The extras that are not in the headline rate
Commonly: a monthly administration fee, an end of financial year statement fee, a title search at commencement, tenancy database checks, a debt collection subscription, and in some cases a percentage surcharge added to maintenance invoices.
Each is small. Together they can add several hundred dollars a year above the advertised rate. The maintenance surcharge is the one to watch, because it scales with how much work your property needs and it is the only fee on this list that rewards your agency for spending your money.
What any rate actually costs you.
Put in your rent and the rate you have been quoted. This shows the weekly cost, the annual cost, and what the extras do to both. It uses market average figures for inspections and renewals, not any particular agency's.
Rates are quoted excluding GST. The figures on the right include it, because that is what leaves your account.
Costed at $115 each including GST, a market midpoint. Choose zero if your agency includes them.
Costed at $275 including GST. Excludes letting fee, advertising, condition report and final bond inspection, which only apply when a tenancy changes.
Four questions worth more than the percentage.
Every agency will tell you their rate. These are the things that actually determine what the year costs you and how the property is looked after.
Ask for the entire fee schedule in writing
Every charge, including condition reports, final bond inspections, statements, admin and database checks. If an agency is reluctant to put the full list in writing, you have learned something more useful than the number.
How many properties does one manager hold?
It is the question experienced investors ask first. A book of 150 to 300 is common and it is the reason things slip. Under roughly 100 to 120 is where a manager can actually know your property.
Ask to see a real inspection report
Not a sample from the brochure. An actual routine report from a property they manage, names removed. It tells you more about the service than any fee schedule will.
What happens if you want to leave?
Notice period, exit fees, liquidated damages, file transfer charges. Two year agreements with penalties on early exit are common in Perth. A confident agency does not need to lock you in.
There is a longer version of this in the property manager scorecard, and the warning signs are set out in signs of a bad property manager.
Which of these are deductible?
Fees paid to a property manager for managing, inspecting and collecting rent are generally deductible in the year you incur them. That includes:
- Ongoing management fees
- Letting fees and advertising costs
- Routine inspection fees
- Lease renewal fees
- Property condition report fees
- Arrears management and debt recovery costs
Capital works and borrowing expenses are treated differently and claimed over several years rather than immediately. Deductibility also depends on your ownership structure and whether the property was genuinely available for rent across the period.
One thing worth flagging. Deductibility is not the same conversation as negative gearing, and the two get conflated constantly. Following the May 2026 Federal Budget, the rules around offsetting net rental losses against other income are changing for established homes purchased after 1 July 2027, with existing investors grandfathered. The deductibility of your management fees is unaffected by that. If you are buying, it is a conversation to have with your accountant before you sign anything, not after.
General information only, based on publicly available ATO guidance. Tax treatment depends on your circumstances. Local Property Partners is a licensed real estate agency, not a registered tax agent. Confirm your position with a registered tax agent.
Want our actual numbers rather than market ranges?The fee calculator gives you an itemised figure for your specific property. No sign up, no quote on request.
What self managing actually saves, and costs.
Plenty of people self manage a rental well. If you live nearby, know the legislation, have trades you trust and have a tenant who pays on time, the ongoing work is not heavy. Anyone telling you it takes several hours every week is selling something.
The cost is not in the weekly hours. It is concentrated in three places, and all three are invisible until they arrive.
Turnover
Not the management, the changeover. Pricing, marketing, screening, the condition report, the bond, the lease. Get any of it wrong and a week of extra vacancy at $750 costs more than a quarter of management fees.
When it goes wrong
Arrears, a breach, a bond dispute in the Magistrates Court. Rare, and expensive when it happens. Your position depends almost entirely on documents created at the start of the tenancy, which is where self managed files are usually thinnest.
Compliance you did not know about
Smoke alarms, RCDs, minimum security, bond lodgement timeframes, the 2024 reforms on rent increases, pets and minor modifications. Nobody sends a reminder, and the penalties sit with the lessor.
There is a middle option. If you want to keep managing but have the setup done properly, we do the condition report, the compliance inspection and the lease as a one off, and can run the leasing campaign too. You stay self managing, there is no management agreement, and nothing ongoing. It is on the self managing landlord page.
How switching works, if it comes to that.
Most owners who want to move delay because they assume it will be disruptive for the tenant. It is not. The tenancy continues unchanged and the tenant deals with the incoming agency from the handover date.
Check your current agreement for the notice period and any exit or file transfer fee. This is the step people skip.
Sign with the incoming agency.
Notice is served on the outgoing agency, usually by the incoming one on your behalf.
Files, keys, ledger, inspection history and the bond record are transferred, and the lease, rent, compliance and billing are all verified rather than assumed.
The tenant is introduced to their new manager. You do not have to speak to your old agency at any point.
There is a fuller walkthrough on the switching page, including what to do if you are inside a fixed term agreement.
Fees, answered directly.
What is the average property management fee in Perth?
Generally 8 to 11 per cent of rent collected plus GST, with most agencies between 8.5 and 9.5. The headline rate is the least useful number for comparison, because condition reports, final bond inspections, statements and administration fees can add several hundred dollars a year on top. Ask for a complete written schedule before comparing anything.
How much is that per week?
On a $750 a week property, 9 per cent plus GST is about $74 a week or $3,860 a year. At 8 per cent it is roughly $66 a week, at 11 per cent about $91. Inspections, renewals and anything charged when a tenancy changes sit on top. The calculator above will do it for your rent.
Are property management fees tax deductible?
Generally yes, in the year they are incurred. Capital works and borrowing expenses are treated differently and claimed over time. Tax treatment depends on your circumstances and ownership structure, so confirm with a registered tax agent rather than relying on a website.
What does the letting fee cover?
Advertising, photography, portal listing, home opens, screening, reference and database checks, lease preparation and bond lodgement. Around two weeks rent plus GST is the Perth standard, with some agencies at three. It is per tenancy rather than ongoing, so a tenant who stays four years means you pay it once.
Should the management fee apply to water and other reimbursables?
That is a fair question to ask and the answer varies by agency. A percentage charged on money that simply passes through your account is a real cost that never appears in the headline rate. Worth asking specifically, because it is rarely volunteered.
How many routine inspections are allowed in WA?
Up to four in any twelve month period under the Residential Tenancies Act 1987 (WA), with proper written notice before each one. Most agencies charge separately for each. Ask what the report actually looks like before you judge the price.
What fees are hidden in the fine print?
Monthly administration fees, end of financial year statement fees, title searches, tenancy database checks, debt collection subscriptions, and percentage surcharges on maintenance invoices. That last one is the one to watch, because it scales with how much work your property needs.
Is it worth switching?
If your agency is reactive, hard to reach, surprising you with charges, or you have never seen a decent inspection report, it is worth looking. The process is simpler than most owners expect and does not disrupt the tenancy. Check your agreement for a notice period or exit fee first.
Want to see how ours compare?
Run your own numbers on the calculator, or get a free rental appraisal and an honest view of what the property should be earning. No obligation, and no lock-in if you do come across.
Important information
General information only
This guide provides general information based on market research and the author's experience as a licensed Perth property manager. It does not constitute legal, financial, investment or taxation advice. Seek independent professional advice before making decisions about your investment property.
Indicative ranges, not quotes
All fee ranges are indicative and based on general market research across Perth property management agencies during 2026. They do not refer to any specific agency, and no representation is made that a particular agency charges within them. Actual fees vary significantly by agency, property and circumstances. Always obtain a formal written fee schedule from any agency you are considering.
The calculator
The calculator is a working estimate only. It applies GST at 10 per cent, and uses market midpoint figures of $115 including GST per routine inspection and $275 including GST per lease renewal. These are not any particular agency's charges. It excludes letting fees, advertising, property condition reports, final bond inspections and any other charge that applies only when a tenancy changes, and it excludes administration and miscellaneous fees, which vary too widely to estimate.
Market data
Median rent and vacancy figures are sourced from REIWA for the Perth metropolitan area and were current at August 2026. Market figures change monthly. Refer to reiwa.com.au for the latest published figures.
Tax
Information on deductibility is general in nature and based on publicly available ATO guidance current at the time of writing. Tax treatment depends on your individual circumstances, ownership structure and applicable law, which changes. Local Property Partners does not provide tax or financial advice. Consult a registered tax agent.
About Local Property Partners
Licensed real estate agency operating in Western Australia. Director and Licensee: Daria Tedling. Licence No. RA85442. ABN 48 582 232 398. Phone 0422 238 434. Email hello@localpropertypartners.com.au.