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2429 days ago

MASSIVE DEMAND FOR WELLINGTON RENTALS

Garry Tranter from Price My House for Free Limited

'Massive' demand for Wellington rentals and shortage won't ease soon, Trademe says

Wellington is bearing the brunt of fierce demand for rentals, and there is no relief on the horizon.

Head of Trade Me Property Nigel Jeffries​ said the demand in Wellington was "massive", with the number of available rentals dropping 70 per cent on December 2016.

January "is likely to be even more extreme", he said.

In one case, a two-bedroom rental in Wellington was listed for 25 hours before it was taken down due to a flood of 55 applications.

The capital also saw the highest rise in median weekly rent over the last two months, up $30, from $450 to $480 in December.

The latest Trade Me Property Rental Index shows fewer listings compared to last year, and the cost of rent was on the rise.

Jeffries said rental availability would only get tighter, and prices higher in 2018.

"Overall the shortage of rental properties isn't going to get easier anytime soon."

"Demand will continue to exceed supply this year and as a result we are predicting that the national median weekly rent will rise between 3 and 5 per cent."

More messages from your neighbours
3 days ago

Poll: Should drivers retake the theory test every 10 years?

The Team from Neighbourly.co.nz

Drivers get where they need to go, but sometimes it seems that we are all abiding by different road rules (for example, the varying ways drivers indicate around a roundabout).
Do you think drivers should be required to take a quick driving theory test every 10 years?

Vote in the poll and share any road rules that you've seen bent! 😱

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Should drivers retake the theory test every 10 years?
  • 49.5% Yes
    49.5% Complete
  • 48.6% No
    48.6% Complete
  • 1.9% Other - I'll share below
    1.9% Complete
2604 votes
12 hours ago

Tai Chi October - December 2024

Andrew from Birchville

Hi, I'm Andrew Hardwick, Tai Chi Instructor and member of NZ National Tai Chi Chuan Association Incorporated (NZNTCCA). The name of my wellness-focussed Tai Chi class is Not Strictly Tai Chi. The quirky name is a humorous twist on the name of shows like "Strictly Come Dancing", and from the fact that (a) I'm not strict and (b) If I see an exercise I think would provide a health benefit to my Tai Chi students, I will add it to my class offerings.

My Upper Hutt venue is Te Kupenga o Rongomai - Maidstone Sports Hub. Classes are in school term times only, and are open to all ages.
So far in 2024 we've had ages ranging from Mums attending while their kids are at school, through to retired people looking for healthy exercise.
No experience necessary. Experienced and beginners equally welcome

School Term 4 classes will be on the following dates

Wednesday evenings, from 7pm - 8pm
October 16th
October 23rd
October 30th
November 6th
November 13th
November 20th
November 27th
December 4th
December 11th
December 18th

Thursday mornings, from 10am - 11am
October 17th
October 24th
October 31st
November 7th
November 14th
November 21st
November 28th
December 5th
December 12th
December 19th

Enquiries welcome on 021 153 2508
Andrew Hardwick - Tai Chi Instructor

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12 hours ago

Here's Thursday's thinker!

Riddler from The Neighbourly Riddler

I am lighter than air, but a hundred people cannot lift me. What am I?

Do you think you know the answer to our daily riddle? Don't spoil it for your neighbours! Simply 'Like' this post and we'll post the answer in the comments below at 2pm.

Want to stop seeing riddles in your newsfeed?
Head here and hover on the Following button on the top right of the page (and it will show Unfollow) and then click it. If it is giving you the option to Follow, then you've successfully unfollowed the Riddles page.

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