Skyrocketing rents push people out of our most expensive city: Porirua
Porirua’s rents are heading north and are now the most expensive in the country, according to new figures published this week.
The latest Trade Me Rental Price Index showed that prices rose 3 per cent around the country in the year to September, from $495 to $510.
But they went through the roof in the area covered by the Porirua City Council, from north of Tawa up to Paekakariki.
Trade Me figures showed the median rent in the city rose 25 per cent in the last year, from $500 to $625, making it the most expensive place to rent in the country.
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