An article yesterday in the New Zealand Herald by Anne Gibson suggests apartment rents in Auckland City will rise due to immigration and the growing economy driving up demand for rental accommodation. At Quinovic Parnell in Auckland, we have seen apartment sale prices increase and rents stay much the same, however agree it is a matter of time before market rents start to catch up.
Are you an Auckland property investor? Get in touch about a consultation so you can explore how we can add value to your Auckland property portfolio.
Get in touch with Quinovic Parnell today:
Contact Quinovic Parnell in Auckland
Talk to Mary or David Vinsen, or speak with our Business Development Manager on 0220 108 005