Rent management software Australia —
how RentMetrics compares.
Australian landlords managing one or two investment properties usually use one of four setups: a spreadsheet, a real estate agent, generic accounting software, or purpose-built landlord software Australia investors actually open every week. Here is how RentMetrics — the rent collection software for this exact job — stacks up against the other three.
Five things every landlord does differently
The five capabilities that decide whether your month-end takes ten minutes or ten hours — and where each option lands on each one.
| Capability | RentMetricsBuilt for Australian landlords | Self-manage (spreadsheets)DIY with Excel or Google Sheets | Real estate agentFull-service property management | Generic accounting softwareXero, MYOB and add-ons |
|---|---|---|---|---|
| Automatic rent tracking | AI tracks every payment in real time across all properties | Manual entry — you log each transaction by hand | Handled by your agent; reports monthly | Manual bank-feed rules; rent line items need tagging |
| Late-payment detection | Predictive AI alerts flag at-risk tenants before rent is due | No alerts — you find out when you review the sheet | Agent chases tenants (typically 7+ days late) | No tenancy context — only sees payments that did or didn't arrive |
| Expense deductions | Receipt capture + automatic categorisation, ATO-tagged | Manual category columns; no receipt storage | Captured in agent statements but not categorised | Manual categories; reconcile at BAS — no property-aware rules |
| ATO reports | One-click income, expense and depreciation summaries | Build by hand at tax time | Annual statement only; not always tax-ready | Generic reports — no property-specific schedules |
| Monthly cost (2-property portfolio) | From $19/mo — see /pricing | $0 — but your time is the cost | ~7-9% of rent (~$140-$180/mo on two typical units) | $15-$50/mo + add-on fees per property |
For an Australian investor with a small portfolio, RentMetrics is the clear choice.
Spreadsheets are fine if you own one unit and have time to chase every payment by hand. A real estate agent makes sense if you want someone else to field tenant calls and will pay 7-9% of rent for the privilege. Generic accounting software handles your books at BAS, but rent collection software for landlords is a different job, and that is exactly the gap RentMetrics was built to fill: automatic tracking, predictive late-payment alerts, ATO-tagged expenses, and one-click reports — for the price of a few coffees a month.
See the plans.
RentMetrics starts at $19 a month for the Starter tier — up to three properties, full ATO-ready reports, automatic rent tracking. Cancel anytime, 14-day trial.
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