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...

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For the month of July 2021, our team rented 9 properties within an average of 39 days at an average of $430 per week compared to July 2020 which showed an average of $415 per week and 24 days to rent. There has been an average of 513 properties listed on TradeMe for the month of July. Our team started to advertise student properties with a positive response from those seeking accommodation for 2022. If you know of anyone thinking of renting their investment property please feel free to pass...

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For the month of June 2021, our team rented 10 properties within an average of 28 days at an average of $518 per week compared to June 2020 which showed an average of $480 per week and 39 days to rent. There has been an average of 496 properties listed on TradeMe for the month of June, with more student properties (for 2022) being advertised. 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...

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For the month of May 2021, our team rented 6 properties within an average of 32 days at an average of $430 per week highlighting the lower levels of demand for rental properties at this time of the year.  There has been an average of 318 properties listed on TradeMe for the month of May, with many student properties (for 2022) expected to be advertised during June. If you know of anyone else thinking of renting their investment property or looking at possible renting options, please feel...

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For the month of April 2021, our team rented 9 properties within an average of 27 days at an average of $550 per week. It was observed that levels of enquiry have remained quieter during the Easter Break, ANZAC, and school holidays. This is a trend identified in previous years. There has been an average of 302 properties listed on TradeMe for the month of April which is which is again 25% more than April 2020 during COVID-19. If you know of anyone else thinking of renting their investment...

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For the month of March 2021, our team rented 8 properties within an average of 44 days at an average of $530 per week. It was observed that levels of enquiry were quieter during the week leading up and after Easter which is a trend identified in previous years. There has been an average of 283 properties listed on TradeMe for the month of March which is which is 25% more than 2020 during COVID-19. If you know of anyone else thinking of renting their investment property or looking at possible...

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Dunedin has experienced continued demand for quality rental accommodation for the month of February. We have rented 14 properties within an average of 24 days. There has been an average of 320 properties listed on TradeMe for the month of February which is about the same for February 2020. If you know of anyone else thinking of renting their investment property or looking at possible renting options, please feel free to pass on our details. Don't hesitate to get in touch if you are thinking...

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Dunedin has experienced continued demand for quality rental accommodation for the month of January. We have rented 9 properties within an average of 12 days. There has been an average of 341 properties listed on TradeMe for the month of January which is 10% higher than that in January 2020. An interesting trend that has emerged this past 2 weeks is the high level of enquiry from 18 years olds urgently needing accommodation.  It has been suggested that some first year students have only...

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Happy New Year for 2021 from the team at Nidd Property Management. A strong finish for the month of December 2020, our team rented 16 properties within an average of 25 days at an average of $430 per week.  For the month of December 2020, there was high demand for three-bedroom homes.  There has been a weekly average of 375 properties listed on Trademe for December showing an 8% decrease in available rental accommodation. This is still a 22% increase than that recorded in December...

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For the month of November 2020, our team rented 16 properties within an average of 26 days at an average of $395 per week.  There has been a weekly average of 407 properties listed on Trademe for November showing a decrease in available rental accommodation. This is still higher than that recorded in November 2019 which showed a weekly average on TradeMe of 325. The team will still be available during the festive season, so please do not hesitate to make contact regarding your investment...

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For the month of October 2020, our team rented 14 properties within an average of 28 days at an average of $430 per week.  There is still high demand for three-bedroom residential properties across many suburbs in Dunedin, so if you know of anyone with a rental property seeking management services do not hesitate to pass on our details. There has been a weekly average of 392 properties listed on Trademe for October showing a decrease in available rental accommodation. This is still...

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For the month of September 2020, our team rented 20 properties within an average of 19 days at an average of $442 per week.  We have seen continued demand for three-bedroom residential properties across many suburbs in Dunedin. There has been a weekly average of 417 properties listed on Trademe for September showing a decrease in available rental accommodation. This is still higher than that recorded in September 2019 which showed a weekly average on TradeMe of 348.  

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August proved to be another busy month with our team, renting 22 properties within an average of 15 days at an average of $546 per week. The average price per week is 25% higher than July due to 11 of the rented properties being student flats. There has been an average of 492 properties listed on Trademe for the month of August 2020 showing a continued increase in available rental accommodation, with more being listed within the residential area. This is in comparison to the August 2019...

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For the month of July 2020, our team rented 22 properties within an average of 24 days at an average of $415 per week. This is a 100% increase in properties rented compared to the month of June 2020 and significantly higher than July 2019 where only 8 properties were rented. There has been an average of 561 properties listed on Trademe for the month of July 2020 showing a continued increase in available rental accommodation, particularly in the student market. We do note that there was an...

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For the month of July 2020, our team rented 22 properties within an average of 24 days at an average of $415 per week. This is a 100% increase in properties rented compared to the month of June 2020 and significantly higher than July 2019 where only 8 properties were rented. There has been an average of 561 properties listed on Trademe for the month of July 2020 showing a continued increase in available rental accommodation, particularly in the student market. We do note that there was an...

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