May 21, 2013

Rents and Rentals in Taranaki

Taranaki weekly rents for unfurnished accommodation.Two Bedroom / Three Bedroom Houses | Taranaki | New Plymouth | Stratford

Taranaki 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:
New Plymouth – New Plymouth Central / Moturoa $260 $280 $300
New Plymouth – Outer New Plymouth $270 $280 $310
New Plymouth – Rural New Plymouth $185 $210 $240
New Plymouth – Waitara / Inglewood $217 $230 $261
South Taranaki – Hawera $185 $200 $220
South Taranaki – Rural South Taranaki $140 $190 $200
Stratford District $175 $185 $212

Taranaki 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:
New Plymouth – New Plymouth Central / Moturoa $300 $330 $350
New Plymouth – Outer New Plymouth $320 $340 $370
New Plymouth – Rural New Plymouth $233 $260 $300
New Plymouth – Waitara / Inglewood $250 $270 $290
South Taranaki – Hawera $220 $240 $250
South Taranaki – Rural South Taranaki $160 $190 $220
Stratford District $200 $230 $250

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 Taranaki the most expensive average rent for a two bedroomed house is in the New Plymouth suburbs of New Plymouth Central / Moturoa at $280 per week. The cheapest is in Rural South Taranaki at $185 per week.

For a three bedroomed house in Taranaki the most expensive average rent is in the Outer New Plymouth suburbs at $340 per week and the cheapest is in Rural South Taranaki at $190 per week.

Return to the Rentals New Zealand Main Page.

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