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6 Σεπ 2024 · Find out the latest trends in the NZ rental market. Learn about national rent changes, regional differences, median rent statistics, and expert insights from property managers in Auckland and Christchurch. Author: Ed McKnight.
29 Νοε 2022 · ANZ Research. November/December 2022. New Zealand Property Focus. Six reasons. At a glance. A higher OCR outlook means a weaker outlook for housing . Upside appears limited, with sales still on a softening trajectory... ...and the ‘housing deficit’ greatly eroded. We now expect prices to decline 22% overall (previous: -18%) . 35.
In the first quarter (Q1) of 2022 the Real Estate Institute of New Zealand's national lower quartile selling price for three bedroom houses was $650,000, while the median rent for three bedroom houses in the same quarter was $589 a week, giving a gross yield of 4.7%.
10 Φεβ 2022 · This shows us that the demand for residential houses is high right now with many professionals looking to secure their next rental home. According to TradeMe statistics, the national median weekly rent soared up by $40 per week to $560 towards the end of 2021, resulting in an 8% increase annually.
20 Σεπ 2024 · In New Zealand, over the last 31+ years rents have increased 4.50% annually (on average). But that's an average. That doesn't means your property's rent will go up by exactly 4.50% every year.
In May of 2022, the average weekly rent for one-bedroom rental properties in Auckland City Centre was $367. Compare this to $401 in May last year and you’ll see a 9.2% decrease in rent prices. In Devonport, the median rent for a two-bedroom was $495 per week, down from $600 the year previous.
In January 2022 compared with December 2021: the index for the stock measure of rental property prices rose 0.3 percent; the index for the flow measure of rental property prices rose 0.7 percent.
