News

Whats happened in the Rental Market this week!

By Elizabeth Goulding

Our  general enquiry still remains strong and our vacancy rates low  as the continued sale of  rental properties is  forcing many long terms tenants to relocate.

This is most noticeable in the 3-4  bedroom $400- $500. per week  sector  where many “accidental” investors are realising their assets to owner occupiers.

Student rentals have also been leasing well with many owners achieving good  increased returns for  well located  and  well maintained  housing. There is clearly some concern among the student community about the shortage of accommodation with many tenants renewing their contracts and not relocating, while others have commented  about being priced out of the market .

Up to Date

Latest News

  • Should I Offer Pet-Friendly Rental Accommodation?

    According to a 2016 New Zealand Companion Animal Council Inc report, there are over 4.6m companion animals in New Zealand with 64% of New Zealand households home to at least one companion animal — 44% share their homes with cats and 28% with dogs. Considering this and accounting for the … Read more

    Read Full Post

  • Is it Time to Regulate the Property Management Industry?

    You may have heard the recent news about the government’s decision to undertake a review of the Residential Tenancies Act 1986. Housing Minister Phil Twyford has indicated that the ultimate goal of the review is to improve the life of renters while also protecting landlords’ interests. A significant first step … Read more

    Read Full Post