Hawkes Bay Today
  • Hawke's Bay Today home
  • Latest news
  • Sport
  • Business
  • Opinion
  • Lifestyle
  • Property
  • Video
  • Death notices
  • Classifieds

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • On The Up
  • Sport
  • Business
  • Opinion
  • Lifestyle
  • Property
    • All Property
    • Residential property listings
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology

Locations

  • Napier
  • Hastings
  • Havelock North
  • Central Hawke's Bay
  • Tararua

Media

  • Video
  • Photo galleries
  • Today's Paper - E-Editions
  • Photo sales
  • Classifieds

Weather

  • Napier
  • Hastings
  • Dannevirke
  • Gisborne

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In
Advertisement
Advertise with NZME.
Home / Hawkes Bay Today

Hawke's Bay rents increase average 13.5% in 2018

Hawkes Bay Today
23 Jan, 2019 12:03 AM2 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

Rents for Hawke's Bay houses have risen by 13.5 per cent. Photo / File

Rents for Hawke's Bay houses have risen by 13.5 per cent. Photo / File

Hawke's Bay saw one of the highest rent hikes of anywhere in the country in 2018.

Average rents in Hawke's Bay rose 13.5 per cent from December 2017 to December 2018.

Only Manawatu/Whanganui and the West Cost saw higher increases, according to TradeMe.

Property Manager Dee Penno , from Hawke's Bay Properties, said there had definitely had been a substantial increase in rents, driven by limited rental properties, and relocation to Hawke's Bay from major cities

She said people from Auckland and Tauranga especially, were being driven to Hawke's Bay to escape rising house prices in the big cities.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

Along with that, changes to tenancy laws were making landlords nervous and causing them to sell and invest in other areas, meaning there were fewer rental properties available.

She said it was undeniable that there was a housing shortage in Hawke's Bay.

She had seen rent on a Taradale home go up 15 per cent, and some one bedroom units had rent increases of up to 21 per cent.

Advertisement
Advertise with NZME.

She said it was hard, as a property manager, not being able to provide good tenants with housing.

"Property managers and landlords aren't villains. We are in the business of putting people into houses."

She was trying to help her residents who were not currently on fixed leases, but moving them to a fixed lease, to give people a level of stability.

In Hastings the medium rent per week was $420, up 16.7 per cent from the previous year, with Napier slightly cheaper at $415, up 9.2 per cent from the previous year.

Discover more

Business

Asbestos contamination forces family out of property

31 Jan 05:00 PM
New Zealand

Housing NZ 'ignores' pleas to evict unruly Hastings tenants

10 Feb 07:00 PM

Unruly Hastings neighbours: Twyford and Collins join fracas

14 Feb 05:00 PM

Hawke's Bay's most popular house in December on Trade Me was in Waipureku St, Clive, which received 45 inquiries its first two days online.

Trade Me's head of rentals Aaron Clancy said rents show no signs of slowing down.

"We can expect to see record-breaking rents in Hawke's Bay in 2019."

As a whole, New Zealand saw average rents go up by an average 4.3 per cent, with Wellington overtaking Auckland as the most expensive place to rent in.

One house in the Wellington suburb of Newtown had 137 enquiries in its first two days online.

The only region to see a decrease in rents was Nelson/Tasman. Rents in that area dropped an average 2.4 per cent.

Advertisement
Advertise with NZME.
Save

    Share this article

Latest from Hawkes Bay Today

Premium
Hawkes Bay Today

Asterisks, footnotes and claims of 'weasel words': Inside the battle for region's housing future

02 Jul 07:00 AM
Hawkes Bay Today

From the theatre to a line mechanic: Hastings woman aims to inspire women into electrical trade

02 Jul 04:05 AM
Hawkes Bay Today

'Potential to cause fatal accidents': Close to 1km of copper cabling stolen

02 Jul 03:43 AM

There’s more to Hawai‘i than beaches and buffets – here’s how to see it differently

sponsored
Advertisement
Advertise with NZME.

Latest from Hawkes Bay Today

Premium
Asterisks, footnotes and claims of 'weasel words': Inside the battle for region's housing future

Asterisks, footnotes and claims of 'weasel words': Inside the battle for region's housing future

02 Jul 07:00 AM

The plan is years in the making, but now it's reached a cross-council 'standoff'.

From the theatre to a line mechanic: Hastings woman aims to inspire women into electrical trade

From the theatre to a line mechanic: Hastings woman aims to inspire women into electrical trade

02 Jul 04:05 AM
'Potential to cause fatal accidents': Close to 1km of copper cabling stolen

'Potential to cause fatal accidents': Close to 1km of copper cabling stolen

02 Jul 03:43 AM
MetService concedes Cyclone Gabrielle red weather warning could've come sooner

MetService concedes Cyclone Gabrielle red weather warning could've come sooner

02 Jul 03:10 AM
From early mornings to easy living
sponsored

From early mornings to easy living

NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • Hawke's Bay Today e-edition
  • Manage your print subscription
  • Manage your digital subscription
  • Subscribe to Herald Premium
  • Subscribe to the Hawke's Bay Today
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • Hawke's Bay Today
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • NZME Events
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • © Copyright 2025 NZME Publishing Limited
TOP