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Trade Me Property Price Index

Weekly rent cracks $500 for the first time

27 May 2019

New Zealand’s median weekly rent reached $500 for the first time in April after a 5.3 per cent annual increase and strong growth in the provinces, according to the latest Trade Me Rental Price Inde...

National weekly rent edges closer to $500

29 Apr 2019

New Zealand’s national median weekly hit $495 in March after climbing 5.3 per cent on last year, as every region in the country experienced an annual increase in rent, according to the latest Trade...

Rent pain continues for tenants in student towns

14 Mar 2019

Tenants looking for a rental property in New Zealand’s student towns are facing high rents and stiff competition according to the latest Trade Me Property Rental Index. Trade Me Head of Rentals Aar...

Wellington rents $45 more per week than Auckland

14 Feb 2019

Wellington city’s rental prices continued their incredible growth in January with the average rent hitting an all-time high of $595 per week, according to the latest Trade Me Rental Price Index. T...

Wellington is New Zealand's most expensive city to rent

24 Jan 2019

Wellington ended 2018 as the most expensive city in the country to rent after the median weekly rent in the capital city climbed 8.2 per cent year-on-year to reach an all time high of $565, accordi...

Wellington rents match Auckland for the first time

13 Dec 2018

Wellington City rents now match Auckland City for the first time after the median rent in the capital rose 5.8 per cent on last year to $550 per week in November, according to the latest Trade Me R...

Summer rental rush strikes early in the capital

29 Nov 2018

The summer rental rush has already begun in the capital after the median weekly rent in Wellington rose a ‘whopping’ 10 per cent on last year to reach $495 per week in October, according to the lat...

Rents remain high as summer looms

29 Oct 2018

New Zealand’s national median rent is showing no signs of slowing down after increasing 6.7 per cent year-on-year in September and remaining at an all-time high of $480 per week, according to the l...

Tenants in the provinces face record rents

25 Sep 2018

Tenants outside New Zealand’s three major cities are facing record rents after the median rent rose 10.5 per cent on last year to an all-time high of $420 per week in August, according to the lates...

Rents freeze in New Zealand’s two biggest cities

24 Aug 2018

Rents in New Zealand’s two biggest cities, Auckland and Wellington, have frozen for a fourth consecutive month at $550 and $480 per week respectively, according to the latest Trade Me Rental Price ...
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