Yes, you can change property managers in Victoria. This involves terminating your existing agreement and engaging a new agency to manage your rental property. As of December 2025, Victorian legislation allows property owners to switch management relatively easily, provided the correct procedures are followed.
Currently in Melbourne, most property management agreements have a fixed term, often 6-12 months. To change managers mid-term, you’ll typically need to provide written notice, as outlined in your contract – usually 30-60 days. There may be break-lease fees, though these are becoming less common. Fletchers’ experience in the Eastern Suburbs shows that a smooth transition is favoured by both landlords and tenants. A well-prepared handover, including all lease documentation, condition reports, and tenant communication, is crucial. In 2026, prospective buyers will often scrutinise the property’s rental history, so a professional handover reflects positively on the property’s overall management. It’s important to note that the process doesn’t directly impact a property sale, but a well-managed property generally presents better to potential buyers. Preparing a property for sale, which typically involves costs of $2,000 – $8,000 for styling and $500 – $1,500 for photography, is separate from changing property managers.
Changing property managers is a straightforward process in Victoria, but careful planning and adherence to contractual obligations are key to a seamless transition.