New Zealand’s property management market brings similarities to Australia’s. You mostly find small-sized firms that cater to individual house owners or commercial property owners.
It’s not strange, as it has a small population and homeowners predominantly live in houses.
In places like Vietnam and Thailand, on the other hand, multinationals like Savills have a strong presence as they focus on property management for condominiums.
In this article, I list some of the most popular and established property management in New Zealand, focusing on Auckland and Wellington.
Quinovic started in 1988 and is a franchise network. At the moment, they have 34 offices located all over New Zealand but with a focus on the Auckland market, where you can find 13 offices.
The company has thousands of properties under its umbrella and have developed their own systems to maximize returns and for customer satisfaction.
No matter if you look for property management services or plan to open your own firm in the industry, Quinovic might be your best option.
The company offers end-to-end property management services, but also rentals.
In Auckland alone, they have as many as thirteen offices. As such, I suggest you visit their
Quinovic is present in eleven cities, including Northland, Rodney, Auckland, Waikato, Bay of Plenty, Taranaki, Hawkes Bay, Manawatu, Wellington, Nelson / Tasman, Canterbury.
I recommend you visit the website directly for information regarding specific office locations.
2. OAKS Property Management
OAKS has around 25 years of experience in the New Zealand property management market and is one of the most recognized service providers. The company focuses on customer service and performance improvement, targeting:
- Low vacancy rates (consistently below 2.5%)
- Regular rent review and increase
- Cosmetic improvements to optimize rental returns
- Boarding house concepts
No matter where you stay, in New Zealand or overseas, OAKS can help you with the whole property management process, including lettings.
Examples of services offered by OAKS include:
- Rental Reviews
- Property Marketing
- Showing Properties
- Processing Applications
- Lease Negotiations
- Condition Reporting
Level 26, PWC Tower Oaks, Property Management 188 Quay Street, Auckland 1010, New Zealand
3. Metro NZ
Metro NZ is an award-winning and leading property management company located in Auckland. The team has a combined experience of more than 50 years and works with tenants as well as owners representation.
In 2020, the company won the award “Excellence in Strategy and Planning” and “Community Contribution” by Westpac Business.
Metro NZ focuses on providing the following services:
- Property Management
- Body Corporate Administration
- Building Management
- Investment Properties
- Free Property Appraisals
- Rental Properties
Level 33/23 Albert Street, Auckland CBD, Auckland 1010, New Zealand
4. Point Property Management
Point Property was established in 2014 and has offices in Auckland, Hamilton, and Queenstown. In addition to residential properties, they also help with rentals and property management of commercial properties.
Point Property offers the following services to local and foreign clients:
- Determining the rent/rental appraisal
- Selecting tenants
- Property inspection
- Rent collections
Level 1/103 Carlton Gore Road, Newmarket, Auckland 1023, New Zealand
Goodwins is an Auckland-based property management company with two offices at the moment. It’s an award-winning firm with properties worth more than NZD 1 billion under management and more than 40 years of experience.
The company has dozens of employees and is considered one of the major property management companies available in the Auckland area.
- Rental Appraisals
- Marketing & Advertising
- Tenant Selection and Management
- Legal Documentation & Management
- Inspections & Reporting
- Maintenance & Repairs
112 Parnell Rd, PO Box 137140, Parnell, Auckland 115, New Zealand
Aspire was founded in 2012 by Mike Atkinson, originally from Auckland and with experience in real estate investments and property management.
With a team of twelve employees, they help residential and commercial property owners with a wide range of services.
By employing the knowledge and experience that Mike accumulated over the years, the company has managed to become a leading firm in the field.
Aspire offers end-to-end property management solutions and can help with rentals as well.
32 Anzac Street, Takapuna, Auckland, New Zealand
7. Wendell Property
Wendell Property is an Auckland-based property management company with almost twenty employees. Over the years, Wendell Property has won many rewards, speaking for its contribution to the market.
Examples of awards include:
- 2019 Employer of the Year Westpac Business Awards – Winner
- 2019 Rising Star of the Year – Winner
- 2019 Excellence in Customer Service Delivery Westpac Business Awards – Finalist
By providing insights and information about recently rented units, they are transparent and help potential clients with valuable information. Wendell can proudly say that:
- 99.1% of tenants pay the rent on time
- 90% happiness score when current owners surveyed
- 6 days average time to re-let a property
Property management and rentals.
10 Maidstone Street, Grey Lynn, Auckland 1021, New Zealand
8. Clarke Group
Clarke Group is an experienced property management company located in Auckland. Having ten professionals, they currently manage around 200 units.
Austen Clarke originally started the company to manage properties built by Clarke Group Management Ltd, the biggest provider of residential studio apartments in Auckland. Later, they decided to expand their services to other properties.
The company provides valuable advice and guides on the website and is a leading property management service provider.
- Rental Appraisals
- Tenant Management
2/34 Cavendish Drive, Manukau City Centre, Auckland 2104, New Zealand
9. Bayleys Property Management
Bayleys Real Estate is one of the oldest property management companies in New Zealand, established in 1973. The company has around 1,100 professionals located in 57 offices in New Zealand and Fiji.
The company is renowned for its top-quality services and is a member of various associations, including LPMNZ (Leading Property Managers of New Zealand). They have also won many awards from the same association, including:
- Excellence in Business Development – 2016 – 2017
Property Management Company of the year – 2016 – 2017
The company offers all the property management services you need, including rental appraisals, tenant scouting and management, rent collection, maintenance, and more.
3 Deans Avenue, Addington, Christchurch 8011, New Zealand
10. Whittle Knight
Founded as early as 1966, Whittle Knight is a leading property management service provider in Christchurch. The company has a dozen professionals and focuses on property management-related services and rentals.
Property management and rental services.
Cnr Riccarton & Clyde Roads, Upper Riccarton, Christchurch 8041
Below you can find some commonly asked questions and my replies. Feel free to write a message at the end of the article, if there’s anything else you wonder about.
How much do property managers charge in New Zealand?
Property managers generally charge clients on a commission basis. According to the Independent Property Managers Association, the commission averages at 8.5% of the gross rent.
Some companies charge lower fees though, like Clarke Group that charges 6%.
In addition to the commission, you typically have to pay for additional marketing and advertising, credit checks of tenants, and more from time to time.
What does a property manager do?
Property management companies offer end-to-end solutions and help property owners with rental appraisals, tenant management, maintenance & repairs, rent collections, and more. They can also help to optimize your listing.