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26 Jun 2024 21:50
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      Home > News > Business

    Bay of Plenty remains the most expensive region to rent

    Bay of Plenty remains the most expensive region to rent


    Trade Me's latest Rental Price Index shows the median weekly rent reached 690 dollars in April - 40 dollars more than the national average.

    The region overtook Auckland in December 2023, however Tamaki Makaurau returned to be the priciest in the new year.

    Property Sales Director Gavin Lloyd says it's unsettling news for those in the Bay.

    He says it's being driven by there being more larger and newer properties.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     26 Jun: Power has been restored to more than a thousand customers across Wairoa and Tairawhiti -- as flooding subsides around a substation
     26 Jun: A woman's been ordered to pay almost six-million-dollars, for her involvement with a pyramid scheme which saw 83 percent of participants worldwide lose money
     26 Jun: A water pontoon will be installed at Auckland's Viaduct to re-connect it to Wynyard Quarter
     26 Jun: Hopes a spike in global shipping prices won't stay around for long
     25 Jun: A Christchurch businessman is being accused of running a major black-market cigarette factory
     25 Jun: NZ Rugby CEO says further work needed to achieve sustainable model following $8.9m loss
     25 Jun: Unemployment and job insecurity are starting to bite
     Top Stories

    RUGBY RUGBY
    The three New South Wales players under injury clouds have been cleared to play in Game 2 of the State of Origin series in Melbourne tonight More...

    BUSINESS BUSINESS
    Power has been restored to more than a thousand customers across Wairoa and Tairawhiti -- as flooding subsides around a substation More...


     Today's News

    		 Entertainment:
    Arnold Schwarzenegger has insisted people need to do "whatever it takes" to tackle climate change 21:30

     Environment:
    Transpower has restored full security of electricity supply into Northland 21:17

     Entertainment:
    Shania Twain says Glastonbury is a "real wow moment in my career" 21:00

     Entertainment:
    Lily Allen finds the concept of intimacy coordinators "weird" 20:30

     Entertainment:
    Michael Jackson's pet chimpanzee Bubbles is "living the good life" in his later years 20:00

     Entertainment:
    Nicola Peltz-Beckham is "relentlessly investigating" her dog's death 19:30

     Entertainment:
    Kerry Katona is "still struggling" with her recovery after undergoing reconstructive surgery on her nose 19:00

     Environment:
    Hastings' Mayor says residents should stay put tonight - as tonight's 9pm high tide looms 18:57

     Rugby:
    The three New South Wales players under injury clouds have been cleared to play in Game 2 of the State of Origin series in Melbourne tonight 18:37

     Entertainment:
    Jane Lynch channels Anne Robinson when she hosts the American version of 'The Weakest Link' 18:30

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