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As we’re entering the winter market, rents have noticeably stabilised across all property types as many tenants settle in for the coming winter. That’s not to say there’s no tenant movement though.
When comparing today to 26th April 2017, there’s been a 18% increase in Wellington rental property listings advertised on Trade Me, showing slightly more tenant movement this year compared to last.
Roseneath has shown the most change with 180% more properties listed today compared to last year, though Northland follows close behind with a 157% increase.
However as we get deeper into winter we do expect listings to lower significantly as tenant movement declines further.
If you're considering Property Management get in touch with us today. Locally owned and managed, we offer residential property management services across the entire Wellington & Hutt Valley region.
We take care of investments, offering peace of mind and a personal service to investors and tenants alike. Our solutions are backed by industry-leading technology and proven systems that promote both excellent property care and strong investment returns. Taking on all aspects of the landlord’s role, we guide our clients with professional, tailored advice using our extensive experience and insight in the rental market that can only be built over time.
If you would like to chat about the possibility of working together, or to receive a no-obligation, FREE Rental Appraisal get in touch with our team today.
Quinovic Johnsonville | Wellington
Call Jordan Atkinson - 027 297 0873
Quinovic Hutt Valley | Wellington
Call Helen Vance - 027 487 8103
Quinovic Kent Terrace | Wellington
Call Jordan Atkinson - 027 297 0873
Quinovic Wellington Property Management