Wellington Market Insights - July 2016

The decline continues, with Trade Me rental property listings lowering from 707 to 647 throughout the Wellington region during this past month.

Miramar alone appears to be the only Wellington suburb that has had a significant increase in vacancies, with 36% more listings today than a month ago, suggesting the suburb is lowering in popularity amongst tenants.

In contrast, most Wellington suburbs appear to be rising in popularity, with 40% fewer listings in Johnsonville, 47% less in Newlands, and 15% fewer in Te Aro compared to this time in June. This scarcity in vacancies suggests people are more attracted to the inner city and western outer suburbs and are staying put during this cold month, which could cause rent values to rise in these suburbs as popularity grows.

Get a Free Rental Appraisal

Get the latest news for landlords

Quinovic Johnsonville Office

P: 04 465 0012

E: reception@quinovic-johnsonville.co.nz

Level 1, Survey House

21-29 Broderick Road


Quinovic Hutt Valley Office

P: 04 560 4704

E: enquiries@quinovic-hutt.co.nz

119 Queens Drive 

Unit 3B

Lower Hutt

Get a Free, No-Obligation Rental Appraisal

Call Jordan Atkinson Today

Quinovic Kent Terrace

027 297 0873 or email me

Get a Free, No-Obligation Rental Appraisal

Call Helen Vance Today

Quinovic Johnsonville & Hutt Valley

027 487 8103 or email me

Follow us: 

© Quinovic Kent Terrace, Johnsonville and Hutt Valley Wellington Property Management 1988-2020