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flag 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.

flag 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. flag Nationally, the average rent fell 2.4% to $626, with 13 of 19 regions recording declines. flag 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. flag 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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