Free tool
How much could you save?
Most Australian landlords pay 7.5% of rent to a property manager, plus a letting fee on every new tenancy. Self-managing with Tenwise is $19/month for your first property and $9/month for each additional. No setup, no letting, no renewal fees, no percentage of your rent.
Savings calculator
What you’d save with Tenwise
Drag the sliders to your numbers. Compares Tenwise’s per-property subscription against a traditional property-manager arrangement at your agency’s actual fees.
Traditional agent
$3,250/ year
$2,535 mgmt fee + $715 letting
Tenwise
$189/ year
$189 first property + $89 each additional, per year
You keep
$3,061 / year
Over five years that’s $15,305, about 2 coffees every day for a year.
Keeping your numbers: that’s $3,061 a year staying with your agent.
Create your account and keep it instead. Set up in minutes with an email link, no password.
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Estimates only. Agent fees vary; inspection, statement, and marketing add-ons are often extra and aren’t included. Tenwise is $19/month for your first property and $9/month for each additional, regardless of rent or turnover. Annual saves you about 17% vs paying monthly.
What the calculator covers
- Management fee: the recurring percentage of rent your agent charges. We default to 7.5% (mid-range NSW); some charge less, many charge more.
- Letting fee: what the agent charges to sign each new tenancy, usually 1–2 weeks of rent. We default to 1.1 weeks (1 week + GST).
- Tenwise: a per-property subscription: $19 a month for your first property and $9 a month for each additional (or $189 + $89 a year). No setup fee, no letting fee, no lease-renewal fee, no inspection fee, no statement fee, no percentage of your rent.
What it doesn’t cover
Inspection fees, EOFY statement fees, advertising add-ons, and tribunal-attendance fees aren’t in the agent column. Add them at your own discretion. The real saving is usually larger than this calculator suggests.
These figures are estimates to help you compare, not financial advice. Agent fees vary, so adjust the inputs to match a quote you have.