Median rent was $550 per week in December 2025. The upper quartile was unchanged at $640, the lower quartile decreased 8% year-on-year.

Rental activity increased by 30% with 360 bonds lodged and 219 bonds closed, this was a 460% increase linked to the new bond refund process, further validated by the reported three-month delays in process.

Supply also increased by 22% with an average of 485 TradeMe listings for the month of December 2025.