MASSIVE DEMAND FOR WELLINGTON RENTALS
'Massive' demand for Wellington rentals and shortage won't ease soon, Trademe says
Wellington is bearing the brunt of fierce demand for rentals, and there is no relief on the horizon.
Head of Trade Me Property Nigel Jeffries said the demand in Wellington was "massive", with the number of available rentals dropping 70 per cent on December 2016.
January "is likely to be even more extreme", he said.
In one case, a two-bedroom rental in Wellington was listed for 25 hours before it was taken down due to a flood of 55 applications.
The capital also saw the highest rise in median weekly rent over the last two months, up $30, from $450 to $480 in December.
The latest Trade Me Property Rental Index shows fewer listings compared to last year, and the cost of rent was on the rise.
Jeffries said rental availability would only get tighter, and prices higher in 2018.
"Overall the shortage of rental properties isn't going to get easier anytime soon."
"Demand will continue to exceed supply this year and as a result we are predicting that the national median weekly rent will rise between 3 and 5 per cent."
🧩😏 Riddle me this, Neighbours…
I am an odd number. Take away a letter and I become even. What number am I?
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Some Choice News!
DOC is rolling out a new tool to help figure out what to tackle first when it comes to protecting our threatened species and the things putting them at risk.
Why does this matter? As Nikki Macdonald from The Post points out, we’re a country with around 4,400 threatened species. With limited time and funding, conservation has always meant making tough calls about what gets attention first.
For the first time, DOC has put real numbers around what it would take to do everything needed to properly safeguard our unique natural environment. The new BioInvest tool shows the scale of the challenge: 310,177 actions across 28,007 sites.
Now that we can see the full picture, it brings the big question into focus: how much do we, as Kiwis, truly value protecting nature — and what are we prepared to invest to make it happen?
We hope this brings a smile!
Poll: Are you still heading to your local for your caffeine fix, or has the $$ changed your habits? ☕
Wellington’s identity is built on its cafe culture, but with costs climbing, that culture is under pressure. We’ve seen the headlines about recent closures, and it’s a tough pill to swallow along with a $6+ coffee.
We all want our favourite spots to stay open, but we also have to balance our own budgets ⚖️
We want to know: How are you handling the "coffee math" in 2026? Are you still heading to your local for a chat and a caffeine fix, or has the cost of living changed your habits?
Keen to read more about "coffee math"? The Post has you covered.
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42.2% I avoid spending money on coffee
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47.4% I still indulge at my local cafe
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10.4% Irrelevant - coffee is not for me
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