Property Management Rates NZ — Or Self-Manage for $14.99/mo

Property management rates NZ landlords pay are usually quoted as a percentage of weekly rent — commonly 7% to 10% plus GST for full management, with letting fees often charged separately when a new tenant is found.

On a property renting for $600 per week, 8% management is roughly $48 per week (~$2,500 per year) before GST and before one-off letting or maintenance mark-ups. Rates vary by city, portfolio size, and service level.

• Tenant finding, referencing, and lease signing
• Rent collection and arrears follow-up
• Maintenance coordination and contractor management
• Routine inspections and reporting
• Notice and Tribunal paperwork support
• Accounting summaries for owners

For landlords who want a hands-off investment, that fee buys time and expertise — especially across multiple properties or when living overseas.

Self-managing means you handle tenant communication, inspections, compliance (Healthy Homes, smoke alarms, bond lodgement), notices, and financial records. The trade-off is lower ongoing cost but more admin — and higher risk if deadlines or notice rules are missed.

Many NZ landlords with one to seven properties self-manage successfully when they have structured systems rather than spreadsheets and inbox searches.

TenancyIQ is software for self-managing landlords — not a property manager. You keep full control and pay a flat subscription from $14.99/mo, with no percentage of rent.

• AI agreement extraction and compliance dashboard
• RTA-aligned notice wizard and document storage
• Rent ledger, expenses, and IRD-ready exports
• Inspection reports and optional tenant portal

Use our pricing calculator to compare plans, or read about the tenant portal and notice wizard. Currently paying a property manager? See how switching compares.