LeaseDock vs PropertyMe
They’re built for different people. PropertyMe is software for real estate agencies, with trust accounting for rent held on behalf of owners. LeaseDock is for owners and operators who manage their own rentals and rooms, and it never holds money. An agency can use both: PropertyMe for the trust account, LeaseDock for the rooms.
Checked 24 October 2026, from PropertyMe’s own website.
Choose PropertyMe if
- You’re a licensed agency managing properties for owners, with rent held in trust.
- You need owner statements, disbursements and trust reconciliation.
- You want owners to log in to their own app and portal.
Choose LeaseDock if
- You own or lease the rentals yourself, so the rent is your income, paid into your own account.
- You run a rooming house, co-living or student building, where every room is its own tenancy.
- You self-manage a house or a few and want your state’s forms and dates worked out.
- You’re an agency with rooming houses and want the rooms run beside your trust software.
What each one does, side by side.
PropertyMe’s side is from its own website. Where its site doesn’t say, the table says so.
| Question | LeaseDock | PropertyMe |
|---|---|---|
| Who it’s for | Self-managing landlords, and rooming house, co-living and student housing operators, in Australia. | Real estate agencies and property managers who manage properties for owners. |
| Trust accounting | No, and it isn’t coming. LeaseDock never holds money. Agencies can run rooms in LeaseDock beside their trust software. | Yes, built in, with trust audits and reporting. Its Trustless option pays owners directly instead. |
| Room-by-room tenancies | Yes. Each room is its own tenancy, with its own agreement, rent, bond and renter. Empty rooms don’t count on your plan. | Priced per 100 properties. Rooms aren’t mentioned on its home or pricing page. |
| State agreement forms | Filled in and signed online on the state’s own form: Victoria’s Form 1, the NSW standard form, Queensland’s Form 18a, WA’s Form 1AA, South Australia’s CBS agreement, the Northern Territory’s Schedule 2 and the ACT’s standard terms. For rooms: the NSW boarding house occupancy agreement, Victoria’s fixed-term rooming house agreement (Form 7), Queensland’s rooming accommodation agreement (Form R18) and South Australia’s rooming house agreement. In Tasmania, record the agreement you signed. | Integrates with REI Forms, among other apps. |
| Compliance dates | Bond, safety check, lease and inspection dates for each property, worked out from its state’s rules and the rooming house rules where they apply, each linked to the rule it came from. Where a rule hasn’t been checked, a reminder instead of an invented date. | Automates lease renewals, arrears follow-ups and inspection scheduling. AiMe Comply is on its Advanced plan. |
| Renter portal | Free for every renter, on any phone with nothing to install: rent details, repairs with photos, messages, and agreements and condition reports to sign. Owners don’t log in. | An owner and tenant app with a web portal. |
| Repairs | Reported in the renter’s portal with a photo. An urgent one is emailed to you within five minutes, and where Victoria, New South Wales or Queensland set a deadline, the repair shows it. | Tasks, jobs and maintenance tracking. |
| Inspections and condition reports | Entry, routine and exit condition reports on your phone, room by room with photos, signed by the renter in their portal. Routine inspections every six months by default, with an entry notice you check, then send. The exit report is compared with the entry. | Inspections on every plan. Paperless inspections and 360° photos from its Standard plan. |
| Rent | Records rent and never collects it: renters pay into your own bank account. Upload your bank’s CSV export and each payment is matched to its rent for you to confirm, or connect Xero and a deposit reconciled there marks the rent paid. Reminders on your state’s timeline. No live bank feed. | Rent receipted into the agency’s trust account, with MePay direct debit. Bank feeds and Xero from its Standard plan. |
| Price | $29 a month for up to 4 tenancies, $49 for up to 15, $99 for up to 40, and Enterprise from 41, priced to fit. Every feature on every plan, unlimited staff. 30 days free, no card. Prices in Australian dollars. The price you see is the price you pay. | From $149 a month including GST for each 100 properties (Basic), $182 (Standard) and $215 (Advanced), for a minimum of 200 properties. Up to 100 properties, a start-up package with Basic features at $193. A free trial through its sales team. |
Checked 24 October 2026 from propertyme.com.au and propertyme.com.au/pricing. Prices are as PropertyMe shows them. Something out of date? Email hugo@leasedock.com and we’ll correct it.
Five things people ask.
The questions that come up when choosing between LeaseDock and PropertyMe, answered straight.
Can LeaseDock replace PropertyMe for an agency?
No. PropertyMe holds an agency’s trust account, and LeaseDock has no trust accounting and never holds money. An agency managing rooming houses or share houses can keep PropertyMe for the money and run the rooms, renters and repairs in LeaseDock beside it. Rent received exports as a spreadsheet you can receipt from.
I own my rentals. Do I need trust accounting?
Not if the rent is your own income, paid into your own account. Trust accounting is for agents holding money on behalf of owners. That is why LeaseDock leaves it out.
Does LeaseDock have an owner portal?
No. PropertyMe has an owner and tenant app with a web portal. LeaseDock has a free portal for renters; owners don’t log in, and get the emails you choose to send them.
How do the prices compare?
PropertyMe’s plans start at $149 a month including GST for each 100 properties, priced for a minimum of 200 properties, and a start-up package with its Basic features at $193 including GST for up to 100 properties.
LeaseDock is $29 a month for up to 4 tenancies, $49 for up to 15 and $99 for up to 40, with Enterprise from 41 tenancies priced to fit. Empty rooms don’t count. Every feature is on every plan and staff are unlimited.
Can I try LeaseDock beside PropertyMe?
Pilot mode keeps every email to renters switched off while you run LeaseDock beside what you use now, for the whole 30-day trial. No card is needed to start.
Try it free, beside what you have now.
Bring the spreadsheet you keep now. Pilot mode keeps every email to renters switched off until you’re ready. Thirty days free, no card.
Start free trial