What are the Property Management Fees in Brisbane?
One of the most frequently asked questions we are asked by landlords is “how much are your property management fees?”. Our team at Calibre Real Estate is dedicated and focused on taking the worry out of investment property ownership. An investment property that is not managed effectively leaves you exposed to unnecessary risks and costs which could affect your bottom dollar.
We have compiled some additional questions to ask when enquiring about the management of your investment:
Do you hand out keys to prospective tenants?
How will the property be marketed whilst vacant?
What is involved in your tenant selection process?
What procedural systems do you have in place?
Can you present testimonials from current and previous clients?
What is your policy on managing arrears?
How will my repairs and maintenance be handled?
How often will my property be inspected?
When do you carry out rent reviews?
How many properties does each Property Manager look after?
What are the Property Management Fees in Brisbane?
Most agencies in Brisbane charge property management fees between 7.5% to 12% plus GST for the management fee, including the rent collection commission. It’s integral that you understand what services are included in this rate, without knowing this you cannot determine who is providing the best value and knowledge.
In Brisbane, there are agencies who charge either a fixed annual fee or less than 7.5% to manage your property. To run an effective property management agency and to maintain a high level of service, we are unsure of how these business models are sustainable.
In addition to asking the above questions also ask to review an Entry Condition Report (ECR)– these reports are your protection when a tenant vacates a property. The ECR should include detailed descriptions on every applicable section, click here to download an example of a detailed ECR. When engaging a discounted agency to manage your investment, we find that the entry condition reports are not detailed enough to protect landlords when their tenant vacates, this could leave you out of pocket for a figure far greater than the initial savings in property management fees.
We also find agencies with discounted property management fees put their property managers under enormous pressure, managing any more than 140 properties. This means less care and due diligence, consequently resulting in poor management of your investment property. Quite simply, poor management costs the landlord money.
Letting commission
In Queensland, a letting commission is also referred to as the either the letting fee or let fee. This is the fee to the investor for the letting service of the premises. Agencies are able to charge any amount for this fee, which generally ranges from one to two week’s rent plus GST.
Tribunal representation fee – representing the investor in the Queensland Civil and Administrative Tribunal (QCAT)
Lease renewal fee – conducting a rental appraisal, negotiating with the tenants on the landlord’s behalf to secure further fixed term agreement & preparation of a new General Tenancy Agreement.
Administration fee – this is also referred to as a sundries fee. This includes payment of accounts, mid-month and end of month processing
End of financial year statement fee – a summary of expenses & income from the financial year to assist with your tax return
Periodic/routine inspection fee – a fee for the agent to carry out an inspection of the property during a tenancy.
The following common expenses may be included in the management agreement:
We have prepared a table which shows standard weekly, tax deductible, management fees including GST to assist in comparing the costs of an agency’s fees. The difference between a high-quality agency and a cut price agency could be less than the cost of a coffee a week.
| $400 | $500 | $600 | $700 | $800 | $1,000 | $1,500 | $2,000 | |
| 5.50% | $22.00 | $27.50 | $33.00 | $38.50 | $44.00 | $55.00 | $82.50 | $110.00 |
| 6.60% | $26.40 | $33.00 | $39.60 | $46.20 | $52.80 | $66.00 | $99.00 | $132.00 |
| 7.70% | $30.80 | $38.50 | $46.20 | $53.90 | $61.60 | $77.00 | $115.50 | $154.00 |
| 8.80% | $35.20 | $44.00 | $52.80 | $61.60 | $70.40 | $88.00 | $132.00 | $176.00 |
| 9.90% | $39.60 | $49.50 | $59.40 | $69.30 | $79.20 | $99.00 | $148.50 | $198.00 |
| 11.00% | $44.00 | $55.00 | $66.00 | $77.00 | $88.00 | $110.00 | $165.00 | $220.00 |
As an investor we understand your primary objective is to maximise income and optimise capital growth on your investment property. At Calibre Real Estate, we understand the value of your investment property and the time required to successfully manage it. We have adopted modern and innovative concepts to exceed our clients’ expectations of service, keeping our landlords up to date with the market and how their investment is positioned in the current market.
As part of our service to you, we conduct rent reviews when a tenant is vacating and when a tenancy agreement is coming up for renewal. At Calibre we don’t just focus on managing the property, we focus on managing your asset.
Calibre’s professional experience and diligence not only ensure you receive high rental returns, but also secure quality tenants. We focus on maximising your return on investment to ensure you reach your property investment goals.
Our dedicated team receive ongoing training and mentoring. We are constantly tweaking and improving our service based on conducting regular client surveys to ensure that we keep delivering a high level of service that we would expect to receive with our own investment properties.
As a boutique Property Management agency, our service is highly personalised and tailored to your needs. The provision of a high quality Property Management service is paramount in ensuring your most valuable asset is well managed and protected. This takes time, resources and many years experience.
Changing managing agents is simple, fee-free and can be taken care of by our property management team on your behalf at any time. Our hands on, personal and caring approach to owners and tenants is one of the unique points of difference that set Calibre apart from our competitors.
Ensure your investment is protected by contacting our office for an introduction to our property management team and to obtain full details of our property management services and fees.
You may also find some valuable information on our blog, here are a few of our most popular articles for landlords:
5 Things You Need to Know About Claiming Tax Depreciation on Your Property
7 Signs of a Hazardous Property Manager
How To Choose The Best Property Management Agency Made Easy
Choosing the right Landlord Insurance
6 Reasons To Hire a Professional Property Manager
Insider Advise to a Quick Tenancy Turnaround
Easy Landlord’s Guide to Painlessly Changing Property Managers
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RatingKeaton is the best real estate agent I’ve ever dealt with! Works hard for all clients and goes above and beyond.
Calibre are arranging the rental of our previous property and have secured a smooth transition into our new. Hence the 5 stars.
Very professional and a great first impression.
What a great service. Right from the get go the team anticipated all my needs and simplified what could be a very onerous task. Thank you for everything Emily and the team
After moving to a different real estate agency, I just wanted to leave a review to say how much I appreciated my experience with Calibre Real Estate and Lorrae Aitken. I lived in one of their properties for 3.5 years and only had to move because the property went under renovation. Looking back, I can really see how well things were managed. The team was always helpful, professional, and easy to communicate with. Sometimes you don’t realise how good something was until you leave! Thank you for making my tenancy a positive experience.
We have always had prompt contact and have reliably seen our action items completed quickly and without a hitch. The Calibre team have been great to work with... We have barely had to lift a finger!
Keaton always knew I was looking for a property in Auchenflower. He understood my budget and expectations and truly went above and beyond to make it happen for me. He is incredibly kind and respectful of your time and energy, especially in such a tough market and he always keeps his word. I can’t compare him to any other real estate agent. I’m so glad our paths crossed and I truly appreciate all his hard work!
We’ve been thoroughly delighted with the professional care and support that Callibre has provided over years fo our rental properties. From sourcing quality tenants, coordinating maintenance and prompt communication, it has been a pleasure to work with the Emily Williams and her Property Management Team. As owners, we’ve felt value in their management.
CALIBRE is amazing. They are quick to respond and deal with everything efficiently. Can't praise them enough
There’s going above and beyond, and then there’s Keaton, a pioneer of truly next-level, ground-breaking customer service. As the buyer, you could forgive me for being a little reserved; however, Keaton was easy to work with and no ask was ever too big. He even swapped out of his Armani suit to give me a tour of the home’s foundations! Keaton is professional & trustworthy, I valued his advice and genuinely felt he had my best interests at heart. I’ve come away with a great home and a new friend.
Very professional, I have never had an issue with Calibre Real Estate. My contact at Calibre is Emily Williams, I have found her to be a very very good property manager
They are very responsive to enquires with elite professionalism, punctual and well mannered.
Keaton went above and beyond every step of the way. From preparing the property, and throughout negotiations and the sale, Keaton was fantastic. His phone calls were clear and timely; we were never left confused or unclear on what was happening. He managed to make a stressful and important process into a straight forward and easy transaction. We have used Keaton and Justin to sell property before and will 100% use them again. We wouldn't consider using someone else and whole heartedly recommend Calibre.
Keaton was great and easy to deal with.
Emily at Calibre is AMAZING. We have had to deal with difficult landlords and Emily has gone out of her way and done her very best to always help us! We are so grateful and if we ever rent again we would have no hesitation using Calibre but most importantly, Emily. Thank you so much for being such a brilliant property manager!!
Calibre Real Estate have been an excellent choice for our rental. Professional and always responds when contacted.
Lorrae has been managing a family investment property for over 3 years after a few other local agencies failed to meet our expectations. Lorrae’s knowledge, communication skills and expertise is a valuable asset to the Calibre team. Having a mature PM who understands the value of our asset as well as keeping on top of legislation changes is refreshing and gives us peace of mind and reassurance. We highly recommend Calibre Real Estate and in particular Lorrae!
Miquaela and the team are always responsive and great to communicate with.
We have had our property managed by Calibre for many years now and have been very happy with the service they provide. Lorrae, our property manager, is fantastic. She keeps us up to date with everything going on and is always quick to take action when necessary. We can trust her to look after our property.
Best property management team in Australia. Highly recommend have been using Calibre for years.
We have peace of mind, Emily and Miquaela manage our unit so efficiently and so well.
Calibre have managed our investment property for over 8years now and made the process super simple and stress free. Communication has always been fantastic, routine inspections run like clockwork and maintenance easily taken care of. Lorrae has been our property manager the whole time and we are very grateful for the superb service she provides.
Lorrae is an exceptional property manager. We had an extremely bad experience prior with neglect from another Red Hill based agency that cost us nearly $20k in rectification work. Switching to Calibre was the best thing we’ve done. No dramas, excellent communication, we don’t have to stress that the property is being managed well. 100% recommend Calibre and Lorrae.
Calibre is the most professional property management agent I have used. They are helpful and responsive. I am most grateful for their support even at times when the property is left vacant due to repairs.
Emily and her team are fantastic to work with! You have the confidence in them to ensure your property is being kept to the standard.
All the agents I have dealt with at Calibre have been proactive, responsive and diligent. They have managed my property for 10 years and I can recommend them highly.
Calibre Real Estate has been managing our rental apartment for over 2 years. During this time we have found them excellent to deal with and efficient and would recommend them.
We have been delighted with Calibre for their professionalism in managing my rental property. From marketing, screening of new tenants and day to day management. Excellent communication and reliable service!
All my family has been working with Emily for a few years now. She is the best property manager — always responding to our phone calls and emails on time. She looks after our rental properties very well, and I would recommend her to any landlord.
Lorrae and Emily and the team at Calibre Realestate are fantastic property managers. They are great communicators and deliver high quality property management services.
I would H highly recommend Calibre Real Estate as a rental agent for their professionalism, efficiency, and excellent communication.
For the past 7/8 years I've lived in a unit managed by Lorrae Aitken from Calibre, and cannot overstate how great she is. Super fast in actioning all our maintenance requests, understanding of everything we bring up and overall a hands-on problem-solver. I have never had a bad experience with her and can only say that, if everyone at Calibre is like Lorrae, you can tust them 100%!
As a first home buyer, I couldn’t have asked for a better experience than the one I had with Lucy Jones. She was incredibly supportive throughout the entire buying process - always approachable, quick to respond, and genuinely committed to helping me find the right property. Lucy went above and beyond to make what could have been a stressful experience feel smooth and manageable. Her knowledge, professionalism, and warmth made all the difference. Highly recommend!
Emily has managed our property for 18 months and has provided exceptional service. She found a great tenant who looked after our property well. I loved that she was always contactable and got onto things quickly. Due to Emily's professionalism I felt confident to engage Justin and his team to sell the property for us. This was a very quick and painless process and we were able to sell while the tenant was still living there which worked well for all parties. Thankyou Calibre Real Estate!
We are so happy with how easy the entire process was with Dan from start to finish. He absolutely went above and beyond. We had the house on the market prior with another agent for 90 days, they did not get us one written offer and their final open home had just three groups through. Dans first week he got us 14 groups through, and an offer which he worded cleverly so we were able to pull out when he got us a better offer a week later. We settled about three weeks later. Highly recommend him!! Thank you Dan
Great team to work with 🙏🏽
We rented our home through Emily and the Calibre team for two years and they were exceptional. We’ve rented before through other agencies and this has by far been the best experience. We would have Emily and the Calibre team again in a heartbeat.
My partner and I have been renting our unit for a year through calibre Real state and had amazing service from their team. Their support is exceptional, making the entire process smooth and efficient. Every query is answered promptly, maintenance requests are dealt with efficiently and professionally,and we are very happy to have them on our side. Thank you Calibre real state Team! ☺️☺️☺️:) and I Would recommend for anyone who is looking to take up any accommodation prior to relocating to Brisbane…👍👍👍👍Everyone Go for “CALIBRE REAL ESTATE”191 musgrave Rd Red hill qld 4059..cheers guys…
Best rental experience I’ve ever had. My property manager Lorrae was consistently an absolute pleasure to deal with for the 2 years I spent in one of their properties. 100% agree with one of the previous reviews that she is firm and fair. This is a woman that is organised and cares about getting things done. Thank you Lorrae! Love your work ❤️
It's always a pleasure to work with this real estate, the team are very friendly and accommodating
As renters of a property through Calibre Real Estate for the last 7yrs, my husband and I would like to acknowledge our property manager Lorrae Aitken for her outstanding service. We could not fault Lorrae. We did our best to be good tenants and we were met with the same respect back from our property manager. Nothing was ever a hassle and Lorrae was always firm and fair! Unfortunately, our owner has sold our home and we are now with another real estate. We hope our new property manager is at least half as good as Lorrae is. Lorrae, thank you for taking such great care of our family. Thank you for always being respectful and efficient. We have appreciated having you as our property manager and we wish you all the best. You are a true asset to your team and you deserve recognition. Kind regards Nic and Craig.
I am very impressed by services provided by the team at Calibre Real Estate.
Great team at Calibre Real Estate. Your work, knowledge, professionalism and care, is very much appreciated by our family.
Lorrae from Calibre has managed my rental portfolio for the last decade. She is absolutely amazing. There is no one I would entrust more with my rental properties.
The team at Calibre have been amazing to deal with!! They manage both of our rental properties and their service is always prompt, efficient and impressive. Special mention must go to Emily Williams who continually goes above and beyond for her clients and is just such a lovely, genuine person to deal with. We feel confident knowing our rentals are in such good hands.
Knowledgeable team
Emily and Lorrae and the team at Calibre have been absolutely amazing and a breath of fresh air ever since switching to them to manage my rental property. Always quick to help and offer advice on tenant queries and repairs, professional, communicative and very knowledgeable of the industry. I had been using another agency that was not performing to expectations. Calibre managed the transition from the other agency with speed and professionalism, bringing the property up to rental standards and finding a quality tenant in no time. I can't recommend them enough!
Emily and the team were a pleasure to deal with throughout the process of listing my place for rent. Whenever I needed anything, Emily and the team were there to assist. Cant recommend enough.
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