Property management fees in the Western Australia
With a third of Australia’s land mass, Western Australia provides the perfect opportunity to find the home you want, and it seems that Western Australians are finding their perfect homes, because property prices are shooting up across the state by 6.3% for both units and houses over the 12 month period. In the sun-kissed state capital, Perth, resting on the banks of the Swan River, the housing market has seen a small slump, while units have been restrained with a flat result over the year. Historical trends indicate that property management fees will probably stay at about the same level as they are now.
What you need to know about property management fees in Western Australia
In Western Australia, property management fees have been between 1 – 4 weeks rent as in initial cost, with a charge of 5 – 10% of the monthly fee continuing on afterwards. This number is likely to be higher in regional and rural towns, including inland Rosa Glen, near the Margaret River, where lower property prices and fewer competing agents will cause property management fees to rise accordingly, allowing agents a fair pay for their services. Metropolitan areas will typically see lower fees for the same reason.
What to consider when finding the right property manager for your property
- In the CBD of famous shipping hub, Fremantle, property management fees may well be comparatively low, as higher property prices and more competing agents force lower rates.
- To find the average fee for agents in your neighbourhood, compare them with each other, as it gives the best idea of what to expect in the market.
- Do not choose a property manager with just the fee in mind; homeowners with properties in rural Cocklebiddy may find an agent with a history of longterm professional relationships with other landlords to be more beneficial.
Want to find out what property managers are charging in Western Australia?
To find out what local real estate agents are charging in your area, register your property online with AgentsCompare, to request free, no obligation quotes from local agents. AgentsCompare is an online service with no obligations, and it’s 100% free. Research and find the right agent to help property reach its greatest market potential.
In the market for an agent?
Get online quotes from local agents. It's free and no obligation.