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7 Jul 2025 13:00
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  •   Home > News > Business

    An unhappy new record for renters

    An unhappy new record for renters


    TradeMe
    TradeMe
    On average tenants are paying four percent more than they were this time last year.

    TradeMe Property stats show the nation's median rent rose to $515 per week from last January, with every region increasing.

    Gisborne and Southland experienced the sharpest rise, while Whanganui's fierce demand makes it the region to watch.

    Auckland's median rent's hit a record $570 high.

    Wellington's still the most expensive region to rent in though, with rent rising $25, to $575 per week.

    © 2025 Newstalk ZB, NZCity

     Other Business News
     07 Jul: Nicola Willis is encouraging Kiwis to join the FamilyBoost scheme - with changes from this month to capture people who've been missing out
     07 Jul: The Government's expanding the its FamilyBoost scheme, with changes taking effect retrospectively from the start of this month
     06 Jul: Our newsroom's revealed more than 200 people were able to enter New Zealand on work visas for defunct businesses later exposed as fronts for a network of cannabis grow houses in Auckland
     05 Jul: The Toyota's RAV4's held it's top spot as the favourite passenger car - in a standout month for vehicle sales
     05 Jul: A surge in new car sales - on the back of a tough couple of years for the market
     05 Jul: An independent report on the Northland Expressway, is sowing doubt over the project's future
     05 Jul: AI could soon be worth billions of dollars a year to New Zealand
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     Today's News

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    Business:
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