May 21, 2013

Rents and Rentals in Hawkes Bay / East Coast

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

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

Location One quarter of 2 bedroom houses rent for less than: Average (median) rent for a 2 bedroom house: One quarter of 2 bedroom houses rent for more than:
Gisborne $210 $232 $250
Gisborne Rural $196 $235 $272
Central Hawke’s Bay District $150 $180 $195
Hasting – Rural Hasting $250 $285 $340
Hastings – Flaxmere $206 $210 $226
Hastings – Hastings / Clive $240 $250 $270
Hastings – Havelock North $265 $320 $355
Napier $240 $265 $290
Napier – Taradale / Awatoto $250 $265 $280
Wairoa $150 $150 $161

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

Location One quarter of 3 bedroom houses rent for less than: Average (median) rent for a 3 bedroom house: One quarter of 3 bedroom houses rent for more than:
Gisborne $250 $270 $300
Gisborne Rural $180 $250 $300
Central Hawke’s Bay District $180 $200 $230
Hasting – Rural Hasting $250 $300 $330
Hastings – Flaxmere $245 $260 $280
Hastings – Hastings / Clive $290 $310 $335
Hastings – Havelock North $320 $350 $367
Napier $290 $310 $340
Napier – Taradale / Awatoto $310 $330 $350
Wairoa $160 $170 $178

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.

The Tenancy Services Division figures show that in Hawkes Bay / East Coast the most expensive average rent for a two bedroomed house is in Hastings – Havelock North at $320 per week. The cheapest is in Wairoa at $150 per week.

For a three bedroomed house in Hawkes Bay / East Coast the most expensive average rent is in Havelock North at $350 per week and the cheapest is in Wairoa at $170 per week.

Return to the Rentals New Zealand Main Page.

What say you?

*