May 21, 2013

Flat Rents and Rentals in Hawkes Bay / East Coast

Hawkes Bay and East Coast weekly rents for unfurnished accommodation. Flats | Hawkes Bay | Gisborne | Napier | Flaxmere | Hastings |
Havelock North | Taradale | Tamatea


Hawkes Bay and East Coast Weekly Rent For 2 Bedroom Flats – Unfurnished

Location One quarter of 2 bedroom flats rent for less than: Average (median) rent for a 2 bedroom flat: One quarter of 2 bedroom flats rent for more than:
Gisborne $180 $207 $230
Gisborne Rural $217 $255 $291
Central Hawke’s Bay District $150 $160 $170
Hasting – Rural Hasting n/a n/a n/a
Hastings – Flaxmere $185 $200 $220
Hastings – Hastings / Clive $210 $230 $250
Hastings – Havelock North $230 $255 $270
Napier $220 $230 $250
Napier – Taradale / Awatoto $220 $240 $260
Wairoa $121 $125 $140

Hawkes Bay and East Coast Weekly Rent For 3 Bedroom Flats – Unfurnished

Location One quarter of 3 bedroom flats rent for less than: Average (median) rent for a 3 bedroom flat: One quarter of 3 bedroom flats rent for more than:
Gisborne $190 $235 $249
Gisborne Rural n/a n/a n/a
Central Hawke’s Bay District n/a n/a n/a
Hasting – Rural Hasting n/a n/a n/a
Hastings – Flaxmere $227 $235 $256
Hastings – Hastings / Clive $215 $260 $280
Hastings – Havelock North n/a n/a n/a
Napier $187 $250 $250
Napier – Taradale / Awatoto n/a n/a n/a
Wairoa n/a n/a n/a

The prices above were recorded during the six months to 31 December 2012.

Data provided by the Tenancy Services Division of the New Zealand Government’s Ministry of Housing.

Market rent is described in the Residential Tenancies Act as the amount of money a willing landlord might reasonably expect to receive, and a willing tenant might reasonably expect to pay for the tenancy, in comparison with rent levels for similar properties in similar areas.

Rental prices from the Tenancy Services Division include rentals for social housing so market rents in the lower quarter of prices are unlikely to be found in the private sector in some suburbs.

Rental properties in New Zealand are typically let from around the beginning of the calendar year for 12 months. Because of this there is generally an increase in rents at the beginning of the year.

From the selection displayed, the Tenancy Services Division figures show that in Hawkes Bay / East Coast the most expensive average rent for a two bedroomed flat is in Havelock North at $255 per week. The cheapest is in Wairoa at $125 per week.

For a three bedroomed flat in Hawkes Bay / East Coast the most expensive average rent is in Hastings / Clive at $260 per week and the cheapest is in Flaxmere at $235 per week.

Return to the Rentals New Zealand Main Page.

What say you?

*