Following on from the Level 4 lockdown mid-August, the market now appears to be stabilising back to the level of enquiry that we would expect for this time of the year.
For the month of August 2021, our team rented 10 properties within an average of 21 days at an average of $537 per week compared to the usual trend of 22 properties rented in August 2020 at an average of $546 per week and 15 days to rent.
Please note that in 2019 with 25 properties rented and 2018 with 26 properties rented.
There has been an average of 438 properties listed on TradeMe for the month of August.
If you know of anyone thinking of renting their investment property, please feel free to pass on our details as this will result in you receiving 3 months free management fees for any successful referral.
Don't hesitate to get in touch if you are thinking of selling or would just like an update on your property's value.