Unlucky 13 - Auckland weekly rent down on March

The average weekly rent in Auckland fell by $13 during April compared to March, while the average weekly rent stood at $421, according to Barfoot & Thompson.

Friday, May 6th 2011, 12:08PM

by The Landlord

"The decline from March's all time high of $434 was anticipated, as demand for property normally quietens in April," said Barfoot & Thompson managing director Peter Thompson.

He said April's average weekly rent was achieved across 674 new property rentals, and that at $421, the April average weekly rent was $23 higher than a year ago.

« House prices ‘will rise' says BNZFree Investment Property Showcase Events: Auckland, Wellington and Christchurch »

Special Offers

Commenting is closed

www.GoodReturns.co.nz

© Copyright 1997-2024 Tarawera Publishing Ltd. All Rights Reserved