Free tool
How much could you save?
Most Australian landlords use a property manager, typically at 7.5% of rent, plus a letting fee on every new tenancy and a renewal fee when the lease rolls over. 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
$3,900a year
$2,535 mgmt fee + $715 letting + $650 renewal
Tenwise
$189a year
$189 first property + $89 each additional, per year
You keep
$3,711 a year
That’s about 2 coffees every day for a year. Over five years, it’s $18,555.
On your numbers, $3,711 a year is 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. If you advertise on realestate.com.au, their one-time fee of $180 to $265 (incl. GST) per listing is also not included; it is paid to them, and Facebook Marketplace and Gumtree are free. 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).
- Lease renewal fee: what the agent charges each time the lease rolls over, commonly about a week of rent. We count one renewal a year, the same assumption as the comparison on our pricing page.
- 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 if your agent charges them. 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.
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Manage your own property from today.
Your first month is free, with no credit card to start. Add your first property and see it live.
What you can hold us to
- Australian-owned and built, with a real person on email within 4 business hours.
- Rent moves bank-to-bank, never through us.
- No setup fee, no lock-in, no percentage of your rent. Cancel any time.
No card needed. First month free on monthly · 30-day money-back on annual.