News | Lower South Island
26 Apr 2024 11:15
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  •   Home > News > National > Lower South Island

    Queenstown is the most expensive place in the country for renters

    Queenstown is the most expensive place in the country for renters


    TradeMe
    TradeMe
    Trade Me has released its latest figures from its rental price index this morning.

    They show the median rent in Queenstown Lakes has jumped 12.9 percent since January, making it the most expensive area in the country at $790 a week.

    People looking to rent in Hawke's Bay also face a price jump, with rent rising 12.5 per cent on last year to a record $405.

    But good news for the big cities - rents in Auckland and Wellington stalled in May, with the number of properties available in Auckland going up as well.

    © 2024 Newstalk ZB, NZCity

     Other Lower South Island News
     24 Apr: Otago University students are being urged to secure properties from thieves
     22 Apr: Otago University researchers are pushing for more drug checking services in Aotearoa
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     17 Apr: Police have arrested a 23-year-old man after an alleged car-jacking in Oamaru last night
     16 Apr: Southland remain the only winless side in the National Basketball League after a 100-75 home loss to Wellington
     16 Apr: Fears an Otago town's water supply could be affected, if a bypass isn't formed in the Phoenix Dam
     03 Apr: The return of Warbirds over Wanaka is expected to boost the tourist town by 40-million dollars
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