News

Mixed rental bag for landlords

Tuesday 22nd of September 2015

Landlords in Auckland have seen the median rent increase by 8.4% since this time last year and by 27.8% over the last five years.

Head of Trade Me Property Nigel Jeffries said that even the smallest unit or 1-bedroom home will cost a typical Auckland renter $400 per week.

“You’re now looking at $499 per week for a typical property, which takes annual rents close to $...

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