Auckland rents hit new record highs

  • Auckland rental property rents are setting new record highs, according to two of the biggest property management businesses.

A recent newsletter issued by Auckland property management business Crockers showed rents for a two-bedroom Auckland place hit a new all-time high of $467/week and three-bedroom weekly rents set a new $592/week record.

In January, it cost on average $450/week to rent a two-bedroom place and only $580/week for a three-bedroom dwelling. However, national rents for three-bedroom places stayed at a record high of $440/week.

READ MORE VIA NZHERALD

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