Auckland's median weekly rent has dropped to $660, down 1.5% on a year ago, while renter demand nationally is up 15%. That combination sounds strange until you look at where the growth actually is: the South Island, not Auckland. Here's what happened last week, and what it means for your rental. Auckland Rents Slide to $660 as the Market Hits a Winter Flatline Trade Me's Rental Price Index for June...
An 81-year-old landlord has been ordered to pay $17,658 in exemplary damages after renting out a derelict, uninhabitable property to homeless tenants. The decision, released this week, is a reminder of how far the Tenancy Tribunal will go when a rental fails basic habitability standards. Add a fresh 7.9% rise in Auckland Council rates for 2026/2027, now locked in and affecting every rental property's...
A Christchurch landlord just found out that letting a family member drop by the rental without warning can cost real money. The Tenancy Tribunal ordered $2,500 in compensation this week after a landlord's mother repeatedly turned up unannounced — including once walking into a tenant's bedroom. In the same week, the Reserve Bank hiked the Official Cash Rate to 2.50%, its first increase in more than three...
Police pulled 1,532 cannabis plants out of 17 tenanted rental homes in west Auckland last week. Every one of those properties had a paying tenant on the lease, and every landlord found out the same way most do — after the police did. It's a sharp reminder that screening is the cheapest compliance tool a landlord has. The same week, the Tenancy Tribunal cleared a Christchurch tenant of liability for a...
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