Local Govt | National News Video | Parliament Headlines | Politics Headlines | Search


High demand for Wanaka rentals

High demand for Wanaka rentals

Click for big version.
 The only Housemart “to rent” sign in Wanaka – showing the demand for rental properties is unusually high.

According to recent figures from property management specialists Housemart, the demand for rental properties in Wanaka has increased by 30 per cent over the last two months compared with the same period in 2011 and 2012.

“We have rented out three times as many properties in October this year compared with the same month last year,” says Colleen Topping, senior property manager at Housemart. “This increase has put a big squeeze on available properties leading up to Christmas.

“The vacancy time between tenants has also decreased dramatically, with the majority only vacant for about two days. We’re seeing properties snapped up straight after we’ve listed them,” she says.

Hamish and Julianne Osborne of Dunedin have noticed this sudden increase in demand on their two Wanaka rental properties.

Julianne says one of their properties that was vacant for a month in 2011 and vacant for two months in 2012, was only vacant for two days this year. “In fact the tenants will be paying rent before they move in just to secure the property,” she says. “Which as a property owner is the best case scenario so we’re very pleased.

“Our other Wanaka property was vacant for just over a month last year and this year there will be no down time at all between tenants as it has re-rented straight away,” she says.

Colleen says it is great to see growth in the Wanaka rental market. “This is wonderful news for property owners and potential investors. It’s also a positive for Wanaka as a community, with more people desiring to live in one of the most beautiful places in New Zealand – and who can blame them!”


© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Anzac Issue Out Now: Werewolf 47

Hi and welcome to the 47th edition of Werewolf, published on the eve of Anzac Day. Its become a cliché to describe Gallipolli as the crucible of this country’s identity, yet hold on... Isn’t our national identity supposed to be bi-cultural... and wouldn’t that suggest that the New Zealand Wars of the 19th century is a more important crucible of national identity than those fought on foreign soil?

Yet as Alison McCulloch eloquently reveals in this month’s cover story, New Zealand devotes a mere fraction of its attention span and funding resources to commemorating the New Zealand Wars compared to what it devotes to the two world wars, Vietnam and Afghanistan... More>>


Parliament Today:

Crowdsourcing: Green Party Launches Internet Rights And Freedoms Bill

The Green Party has today launched the Internet Rights and Freedoms Bill, New Zealand’s first ever Bill crowdsourced by a political party. More>>


Gordon Campbell: On The Shane Jones Departure

Shane Jones has left Parliament in the manner to which we have become accustomed, with self interest coming in first and second, and with the interests of the Labour Party (under whose banner he served) way, way back down the track. More>>


Multimedia: PM Post-Cabinet Press Conference - April 22 2014

The Prime Minister met with reporters to discuss: • The recent improvement in the economy with a growing job market • Income and wealth inequality • Easter trading laws • The New Zealander killed in a drone strike in Yemen... More>>

Easter Trading: Workers 'Can Kiss Goodbye To Easter Sunday Off'

The Government’s decision to “reprioritise” scarce labour inspector resources by abandoning the enforcement of Easter Sunday Shop Trading laws means workers can kiss goodbye to a guaranteed day off, says Labour’s Associate Labour Issues spokesperson Darien Fenton. More>>


ACT Don't Go For Maximum Penalty: Three Strikes For Burglary, Three Years Jail

Three strikes for burglary was introduced to England and Wales in 1999. As in New Zealand, burglary was out of control and given a low priority by the police and the courts. A Labour government passed a three strikes law whereby a third conviction for burglaries earned a mandatory three years in prison... More>>


Gordon Campbell: On Drone Strikes And Judith Collins‘ Last Stand

The news that a New Zealand citizen was killed last November in a US drone attack in Yemen brings the drones controversy closer to home. More>>


Elections: New Electorate Boundaries Finalised

New boundaries for the country’s 64 General and seven Māori electorates have been finalised – with an additional electorate created in Auckland. More>>


Policies: Labour’s Economic Upgrade For Manufacturing

Labour Leader David Cunliffe has today announced his Economic Upgrade for the manufacturing sector – a plan that will create better jobs and higher wages. More>>


Gordon Campbell: On The Life And ACC Work Of Sir Owen Woodhouse

With the death of Sir Owen Woodhouse, the founding father of the Accident Compensation Scheme, New Zealand has lost one of the titans of its post-war social policy. More>>


Bad Transnationals: Rio Tinto Wins 2013 Roger Award

It won the 2011 Roger Award and was runner up in 2012, 2009 and 08. One 2013 nomination said simply and in its entirety: “Blackmailing country”... More>>


Get More From Scoop



Search Scoop  
Powered by Vodafone
NZ independent news