Residential Rent Report - CathNews New Zealand https://cathnews.co.nz Catholic News New Zealand Mon, 29 May 2023 04:06:41 +0000 en-NZ hourly 1 https://wordpress.org/?v=6.7.1 https://cathnews.co.nz/wp-content/uploads/2020/05/cropped-cathnewsfavicon-32x32.jpg Residential Rent Report - CathNews New Zealand https://cathnews.co.nz 32 32 70145804 Median rent in Queenstown-Lakes up by $110 a week, Auckland unchanged from a year ago https://cathnews.co.nz/2023/05/29/median-rent-in-queenstown-lakes-up-by-110-a-week-auckland-unchanged-from-a-year-ago/ Mon, 29 May 2023 05:54:39 +0000 https://cathnews.co.nz/?p=159518 The national median weekly rent for newly tenanted properties increased by $15 a week (+2.7%) over the 12 months to the end of March this year. The latest data, based on bonds lodged with Tenancy Services each quarter, shows the national median residential rent increased from $550 a week in the first quarter (Q1) of Read more

Median rent in Queenstown-Lakes up by $110 a week, Auckland unchanged from a year ago... Read more]]> The national median weekly rent for newly tenanted properties increased by $15 a week (+2.7%) over the 12 months to the end of March this year.

The latest data, based on bonds lodged with Tenancy Services each quarter, shows the national median residential rent increased from $550 a week in the first quarter (Q1) of last year to $565 in Q1 this year.

However there were significant differences in the annual rate of rent increases between the main urban districts. Rents increased at a lower rate (up to 5%) in Whangarei, Auckland, Hawke's Bay, the Wellington Region, Timaru and Invercargill, and above 5% in all other districts. Read more

Median rent in Queenstown-Lakes up by $110 a week, Auckland unchanged from a year ago]]> 159518