Property managers charge 7–9% of your rent. For most self-managing landlords, that's thousands of dollars every year for work you're already doing in spreadsheets. PropLedger gives you the same operational visibility without the management fee.
Property manager vs self-managing
In most Australian capital cities, a residential property manager charges between 7% and 9% of rent collected, plus letting fees (1–2 weeks of rent on every new lease), inspection fees, lease renewal fees, statement fees, and a handful of admin charges. On a property earning $600/week, you're often paying $2,500–$3,500 a year before you see a single late-payment chase or a tribunal escalation.
A lot of landlords pay it because the alternative — tracking rent, statements, lease dates, and EOFY reports in spreadsheets and email — is genuinely awful. PropLedger replaces the spreadsheet stack with a structured ledger that handles the boring 90% automatically, so self-managing actually saves you money instead of costing you weekends.
What PropLedger replaces
Rent spreadsheet
Replaces the weekly ledger that always falls out of sync with the bank.
Statement folder
Replaces the email + downloads + folder triangulation for rent statements and bills.
Lease tracker
Replaces the dates-in-Calendar + leases-in-a-PDF-folder approach.
EOFY workbook
Replaces the year-end accountant scramble with always-on, ATO-aligned reporting.
Renewal alerts
Replaces the calendar reminders you set up once and never updated.
Property manager
Replaces the 8% fee with the same visibility, run by you on your own terms.
Feature overview
Rent roll across your portfolio
See every property, every active lease, every weekly charge, and total outstanding rent on one screen.
Arrears with aging
Know exactly which tenant is behind, by how much, and for how long — before it becomes a tribunal matter.
Lease renewals and rent changes
Schedule rent increases ahead of time, track lease expiry, and keep a full history of every renewal.
Rent statements and bills
Forward statements by email or upload PDFs. PropLedger extracts the lines and matches them against open charges.
Owner-ready reports
Annual rent income, expense summaries, and depreciation totals exported in a format your accountant can use directly.
Web and iOS
Run the heavy admin on web, check status and add transactions from your phone.
PropLedger vs generic accounting
Xero and QuickBooks are great for businesses with invoices and bills. Rental property is different — you need a running ledger by lease, not a chart of accounts. Here's how they compare.
| Feature | PropLedger | Generic accounting tools |
|---|---|---|
| Weekly rent ledger by lease | Built in | Manual setup, breaks on partial pay |
| Arrears tracking | Auto-calculated, aged | Not supported |
| Lease history and renewals | Full timeline retained | Single record, overwritten |
| Rent statement reconciliation | Upload + auto-match | Manual data entry |
| EOFY reporting (Australia) | ATO-aligned exports | Generic P&L only |
| Vacancy risk monitoring | Surfaced on dashboard | Not supported |
Run rent, leases, statements, and reports yourself — without the property-management fee.