rental applications


PHOTO: SUPPLIED Trade Me says this three-bedroom rental property on Seddon Avenue in Papatoetoe had almost 100 inquiries in the first two days it was listed.

Aucklanders were keen to snap up a three-bedroom Papatoetoe rental for $600 a week in July, Trade Me says.

Trade Me Property sales director Aaron Clancy said rentals in Auckland were in hot demand in the month, with the number of inquiries up 22 per cent on July last year. The number of available properties dipped 2 per cent.

“Auckland’s median weekly rent rose 1.8 per cent or $10 per week to $560 in July. While rents in the region have remained unchanged since February, we think this rising demand and falling supply will put pressure on prices, which means we will likely see some big jumps in the coming months.”