Compare Property Management
Fees in NSW
Realnest vs traditional agencies — transparent, modern, and focused on your net yield. Not all "5% fees" are equal; here's an apples‑to‑apples view.
Side‑by‑side comparison
A) Core Fees
| Fee / Charge | Typical NSW Agencies(indicative) | Realnest(fixed & clear) |
|---|---|---|
| Management fee | ~ 5–10% of rent collected (varies by suburb and service) | 5% of rent collected + GST |
| Letting fee (new tenancy) | Typically 1–2 weeks' rent | 1 week's rent + GST |
| Lease renewal / re‑sign | Often charged separately (e.g., admin fee or % of week's rent) | $0 separate renewal fee |
| Monthly admin / statement | Commonly $5–$10 p.m. | $6.60 p.m. |
B) Marketing & Leasing
| Item | Typical NSW Agencies | Realnest |
|---|---|---|
| Advertising & portals | At cost; packages vary by portal mix & media | At cost, itemised (no markups) |
| Pro photos / floorplan | Frequently additional | At cost (transparent) |
| Open homes / private viewings | Usually included in full‑service models | Included |
C) Management Inclusions
| Item | Typical NSW Agencies | Realnest |
|---|---|---|
| Routine inspections | Included or charged per report depending on agency | Included with photo reports |
| Arrears management | Included | Included |
| NCAT/Tribunal attendance | Often charged (fixed fee or hourly) | At cost (when required) |
| Maintenance coordination | Included; some charge % on invoices | Included; no markups (owner pays trade at cost) |
| Vacancy protection | Not commonly offered | 12‑month re‑letting coverage — if a tenant leaves within 12 months, no re‑letting fee |
D) Technology & Support
| Item | Typical NSW Agencies | Realnest |
|---|---|---|
| 360° AI inspection reports | Not commonly included (manual 2D photos) | Included via Inspection Manager 360° where suitable |
| Owner online portal (24/7) | Often limited to emailed statements | Included — PropertyMe Owner Portal (live rent, maintenance, statements, EOFY) |
| Tenant online portal (24/7) | Phone/email for maintenance | Included — PropertyMe Tenant Access (pay rent, log & track maintenance, messages) |
| Compliance reminders | Varies by agency | Included — smoke alarm & insurance reminders |
Realnest advantage: modern inspections and 24/7 portals are now standard — improving transparency for owners and service for tenants.
Indicative "traditional agency" ranges reflect NSW sources and can vary by suburb, property type and service level. Realnest fees are stated commitments.