News

Rising apartment rents benefit investors

Thursday 22nd of October 2015

It now costs around $450 per week to rent an Auckland apartment, which is an increase of 9.8% on September 2014, according to September’s Trade Me Property rental data which was released today.

In line with the rising cost of housing in Auckland, the average asking price for apartments has also increased: Trade Me Property’s asking price data shows it is now above $500,000.<...

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