14th April 2010
Information on rental rates in a locality can serve two main purposes;
1] assist home buyers moving into the region with their temporary accommodation budgets
2] enable out of town investors to plan/budget/forecast potential returns for an investment property in Nelson
So here is the latest update courtesy of NZ’s Dept of Building & Housing to 31st March 2010.
CHART DATA – NZ Department of Building and Housing (click for hi-res version)
To that end here’s the latest update, up to 31st March 2010, on what people are paying per week, for rental properties locally.
DATA – NZ Department of Building and Housing
At this stage I’ve only been compiling this info for 2 mths so thats why the chart above is so.
More to follow in months to come.