Auckland reclaims top spot as most expensive place to rent
Auckland has reclaimed the top spot as the country's most expensive place to rent after the Bay of Plenty overtook Tāmaki Makaurau in December, according to Trade Me's latest rental price index.
Trade Me's Gavin Lloyd said: "Average median rent in Auckland went up by 3 per cent compared to last month, reaching a high of $680 per week whilst the Bay of Plenty market dropped by 3 per cent to $650 per week.
"The increase in Tāmaki Makaurau was driven by the North Shore City which recorded an uptick of 4.2 per cent to $720 a week and Waitakere City which is up 2.3 per cent to $665 a week."
The data also showed New Zealand rental prices overall have increased for the second month in a row.
The national median weekly rent in New Zealand has jumped to $630 for the month of January, up 0.8% compared to December last year.
Lloyd said the first month of 2024 could be a "telling sign" of the year ahead.
"Renters were for the most part sheltered from any major price increases for rental properties at the end of 2023 but this may change if the Reserve Bank decides to raise the official cash rate next week in their first meeting of the year.
“As borrowing costs rise, landlords may face increased expenses, and some could pass on these costs to tenants through higher rents.
"This change might make it a bit tougher for renters with the rising cost of living and lack of properties available giving them fewer options when searching for a property," Lloyd said.
Southland retains its status as the most affordable place to rent in New Zealand, with a median price of $450 per week, a slight increase of $10 from December.
The report also included rent for townhouses and apartments, which have climbed to "record highs".
The median weekly rent for an apartment in New Zealand peaked at $560 per week in January and townhouses reached $665 per week.
In Auckland specifically, townhouses also reached an all time high of $730, up 5% compared to the same time last year. Units in Christchurch also saw a jump, up 12.5%, making the median rent $450.
"As net migration is almost at an all time high more people are coming into the country looking for entry level rentals like apartments and townhouses — especially as they are more prevalent in our city centres.
"This increase in demand is likely putting pressure on the supply and impacting prices," Lloyd said.
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Live Q&A: Garden maintenance with Crewcut
This Wednesday, we are having another Neighbourly Q&A session. This time with John Bracewell from Crewcut.
John Bracewell, former Black Caps coach turned Franchisee Development Manager and currently the face of Crewcut’s #Movember campaign, knows a thing or two about keeping the grass looking sharp—whether it’s on a cricket pitch or in your backyard!
As a seasoned Crewcut franchisee, John is excited to answer your lawn and gardening questions. After years of perfecting the greens on the field, he's ready to share tips on how to knock your garden out of the park. Let's just say he’s as passionate about lush lawns as he is about a good game of cricket!
John is happy to answer questions about lawn mowing, tree/hedge trimming, tidying your garden, ride on mowing, you name it! He'll be online on Wednesday, 27th of November to answer them all.
Share your question below now ⬇️
Tips on Choosing the Right Mattress Size for Quality Sleep Every Night
When it comes to getting a good night's sleep, the right mattress size plays a crucial role.
You might have heard myths about beds and frames and which size suits you.
Today, we're here to demystify these myths and provide a size-by-size comparison to help you find the perfect fit for your needs.
Finding the Perfect Fit
Selecting the right mattress size is akin to finding the perfect fit in a world of options.
Much like trying on clothes or shoes, your mattress size should cater to your individual needs and preferences.
Let's explore some key factors to consider when finding the perfect fit for your mattress:
1. Personal Preferences.
Consider your sleeping habits and personal space preferences.
Do you like to sprawl out or curl up?
Are you a solo sleeper, or do you share the bed with a partner, kids, or pets?
Understanding your personal preferences is essential in determining the ideal mattress size.
2. Bedroom Size.
Take the dimensions of your bedroom into account when choosing a mattress size.
A spacious bedroom can accommodate larger mattress sizes, whereas smaller bedrooms may require more compact options to ensure ample space for movement and furniture placement.
3. Sleeping Partners.
If you share the bed with a partner, consider their sleeping habits and space requirements.
A larger mattress size, such as a queen or king, provides ample space for both individuals to move comfortably without disturbing each other's sleep.
What Size Should You Get?
Let's break it down size by size:
Single Mattress (91cm x 188cm). Ideal for kids' rooms, guest rooms, or small bedrooms. A single mattress is also a good option for individuals who prefer sleeping alone and value space conservation.
Double Mattress (137cm x 188cm). Also known as a full-size mattress, this option offers more room to stretch out than a single mattress. It's suitable for couples who like to snuggle or for individuals who appreciate extra space.
Queen Mattress (153cm x 203cm). The queen mattress is one of the most popular choices for couples. It provides ample space for two people to sleep comfortably without feeling cramped. It's also a great option for individuals who enjoy sprawling out.
King Mattress (167cm x 203cm). The king mattress offers the most space out of all the standard sizes. It's perfect for couples who want plenty of room to move around or for families who like to co-sleep with young children or pets.
Choosing the Perfect Mattress Size for Your Sleep Needs
Mattress sizes can vary around the world, which can sometimes lead to confusion. In New Zealand, we follow standard sizes such as single, double, queen, and king.
However, it's essential to consider your personal preferences and the dimensions of your bedroom and furniture when choosing a mattress size.
Selecting the right mattress size is crucial for a good night's sleep.
By understanding the differences between single, double, queen, and king mattresses, you can make an informed decision that meets your needs and preferences.
At Beds4U, we're committed to helping you find the perfect mattress size.
Poll: Should all neighbours have to contribute to improvements?
An Auckland court has ruled a woman doesn’t have to contribute towards the cost of fixing a driveway she shares with 10 neighbours.
When thinking about fences, driveways or tree felling, for example, do you think all neighbours should have to pay if the improvements directly benefit them?
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82.3% Yes
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15.1% No
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2.6% Other - I'll share below
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