Hamilton Rents Booming!

Hamilton Rents Booming!1 Jul 2019

For all the budding property investors out there, here are a few positive quotes from a recent Stuff.co.nz article about rent growth in Hamilton:

  • “Growing demand for a place to rent means Hamilton has held on to its title of most popular Trade Me rental for a second month.”
  • “Hamilton not only took out the top spot for the most-asked-about rental, it also filled second place.”
  • “this is the second month that Hamilton has topped the charts”
  • “There isn't enough housing to provide for all the people who are asking about it, Trade Me head of property Nigel Jeffries said in a statement.
  • "There's a growing interest for rentals in Hamilton with 15 per cent more enquiries than May last year. Stock on the other hand isn't keeping up and the number of rental listings in the city dipped in May, falling 3 per cent on last year."

Looking forward, it still seems that Hamilton isn’t building enough homes to keep up with demand. This, perhaps, would suggest that rents will continue to climb in the future and property investment will increasingly be a favourable investment strategy. We have a couple of investment options right now where over 6% yield is certainly a possibility. Email [email protected] for a free info pack – while they last.

Link: Here is the full stuff.co.nz story.