Rents for Wellington houses increase by 23 per cent in 12 months

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Here is another interesting Wellington real estate related news article that we thought may provide you with helpful information.


Press Release – Trademe
New Zealand’s median weekly rent has not moved in the last six months according to the latest Trade Me Property Rental Index. However in Wellington large houses have a median weekly rent of $800, up a staggering 23.1 per cent compared to June last year. That’s a $7,800 rise for tenants in a year.

Wellington’s urban properties are still seeing a huge imbalance between demand and supply, with the….

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