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Rental Price Index - July 2021
New Zealand rents saw their biggest year-on-year increase of all-time in July, jumping by 10%
26 August 2021
23 Stewart Rd, Mount Albert
Upper Hutt becomes Wellington’s most expensive spot
| July 2017 | July 2018 | July 2019 | July 2020 | July 2021 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Wellington City | Wellington City | $490 | $490 | $520 | $520 | $560 | $560 | $565 | $565 | $595 | $595 |
| Porirua | Porirua | $460 | $460 | $500 | $500 | $525 | $525 | $590 | $590 | $595 | $595 |
| Upper Hutt | Upper Hutt | $385 | $385 | $410 | $410 | $470 | $470 | $480 | $480 | $625 | $625 |
| Lower Hutt | Lower Hutt | $445 | $445 | $450 | $450 | $530 | $530 | $550 | $550 | $600 | $600 |
Auckland’s median rent increases for the first time this year
| District | Median Weekly Rent | ||
|---|---|---|---|
| Waiheke | Waiheke | $720 | $720 |
| North Shore City | North Shore City | $635 | $635 |
| Papakura | Papakura | $620 | $620 |
Houses of all sizes see rents increase
Units see the biggest rent increase
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