What fees can you expect to pay for property management for your Gold Coast rental property?  The answer will vary depending on what price the property will rent at and how much work is required to manage the property.

However, the general outline of an Agent’s fees will look something like this.

The Management Fee
You can expect to pay roughly 8% of the weekly rent plus GST to have your property professionally managed, however there may be room to negotiate if you have an investment property that has a higher than average rental income.

The Leasing Fee
A lot goes into finding a new tenant including getting professional photos, advertising the property, doing open for inspections, processing applications, conducting entry reports and a lot of admin. You can expect to pay a leasing fee of 1 weeks’ rent plus GST when it’s time to find a new tenant for your rental property.

Additional Fees
Depending on which agent you go with, there may be additional fees which may include admin fees, lease renewal fees, inspection fees & disbursement fees. Your best bet is to ask your agent directly what fees they charge and to look carefully over your management agreement before signing.