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Central Otago Lakes District became New Zealand’s priciest rental area in Dec 2025, with rents at $891/week, while national rents fell to $626.
In December 2025, Central Otago Lakes District became New Zealand’s most expensive rental area with average weekly rents of $891, up 11.8% annually and over $200 above any other region.
Nationally, the average rent fell 2.4% to $626, with 13 of 19 regions recording declines.
Rental supply rose sharply, with new listings up 19.8% to 5,349 and total stock increasing 15.9% to 7,577, especially in Wairarapa, Nelson & Bays, and Hawke’s Bay.
This growing inventory may boost renters’ bargaining power in 2026, though high demand in lifestyle areas like Central Otago continues to drive prices.
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El Distrito Central de los Lagos de Otago se convirtió en el área de alquiler más cara de Nueva Zelanda en diciembre de 2025, con alquileres de $ 891 / semana, mientras que los alquileres nacionales cayeron a $ 626.