Bay of Plenty Times
  • Bay of Plenty Times home
  • Latest news
  • Business
  • Opinion
  • Lifestyle
  • Property
  • Sport
  • Video
  • Death notices
  • Classifieds

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • On The Up
  • Business
  • Opinion
  • Lifestyle
  • Property
    • All Property
    • Residential property listings
  • Rural
    • All Rural
    • Dairy farming
    • Sheep & beef farming
    • Horticulture
    • Animal health
    • Rural business
    • Rural life
    • Rural technology
  • Sport

Locations

  • Coromandel & Hauraki
  • Katikati
  • Tauranga
  • Mount Maunganui
  • Pāpāmoa
  • Te Puke
  • Whakatāne
  • Rotorua

Media

  • Video
  • Photo galleries
  • Today's Paper - E-Editions
  • Photo sales
  • Classifieds

Weather

  • Thames
  • Tauranga
  • Whakatāne
  • Rotorua

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In

Advertisement
Advertise with NZME.
Home / Bay of Plenty Times

Rental market swells

By Joseph Aldridge
Bay of Plenty Times·
22 Oct, 2012 01:00 AM3 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save
    Share this article

An exodus of kiwifruit workers fleeing Psa-ravaged orchards has seen the Western Bay of Plenty's rental property market swell, particularly in Te Puke.

According to Trade Me, available rentals in the Western Bay of Plenty (excluding Tauranga) from July to September were 30 per cent higher than during the same period last year.

The average rent of $403 was 11 per cent lower than a year before because of the increase in supply, the Trade Me figures showed.

The first two quarters of the year showed similar patterns as the third quarter.

Chris Campny, owner of The Rental Managers in Te Puke, said he had not seen a price drop in rental prices, but had definitely noticed the increase in listings.

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

The crippling effect of Psa on the kiwifruit industry had caused a lot of people to leave the area, putting their homes on the rental market as they went, he said.

"I've picked up quite a few jobs from people who throw their keys to me and say 'we're off to Australia, look after my house'."

Mr Campny said he had listed five such properties in the past six weeks.

Advertisement
Advertise with NZME.

"That would be the main reason why there's more rentals being made available."

Although people involved in the kiwifruit industry were leaving the area, others were coming in, meaning demand for rental properties hadn't dropped off too much.

Mr Campny said he had noticed people from Papamoa moving into nice houses in good Te Puke suburbs and enjoying the cheaper rent.

He had also noticed couples renting houses in Pukehina or Te Puke as a halfway point between their places of work in Tauranga, Rotorua or Whakatane.

In Tauranga, the number of rental properties listed on Trade Me during the third quarter of the year rose 8 per cent (compared with the same time last year), and the average rent of $347 did not change at all.

Property manager Jenna Shore, of Professionals Tauranga, said the demand for rental houses in Tauranga had cooled down on previous years.

"We're just finding that people aren't moving around so much, they're tending to stay put. We have noticed our tenants are staying longer.

"There's not enough demand and wages aren't great in Tauranga so landlords, if they've got a good tenant, they're tending to keep the rent at a level so as to keep the tenant."

However with summer coming, property managers expected to see more movement and greater demand, especially in the seaside suburbs.

"There's more people in the area over summer and it probably increases the rental prices," Sharyn Woollett from Ray White Mt Maunganui said.

Advertisement
Advertise with NZME.

"It's been a lot easier to rent properties in Papamoa East since the new schools opened there. Eighteen months ago Papamoa East would stick a little bit but not now."

Ms Woollett said her office currently had more applicants than it did rental properties.

Prime Rentals managing director Steve Warburton said good rental properties at the Mount over summer were "slim pickings".

"During the summer everyone wants to live at the Mount."

The supply and demand factor was at a good level and this was displayed by steady prices, Mr Warburton said.

He had noticed tenants had quite rigid price limitations and were unlikely to accept higher rents.

Advertisement
Advertise with NZME.

"We're finding it harder this year, letting properties, than previous years because tenants have higher expectations of what they want."

Save
    Share this article

Latest from Bay of Plenty Times

Premium
Bay of Plenty Times

'Incredible improvement': College to ditch open-plan classes after NCEA trial

Bay of Plenty Times

'Silence ... then the heat hit me': Man saves Harley-Davidson, loses house in blaze

Bay of Plenty Times

Ongoing police presence: Tauranga drug bust leads to arrest


Sponsored

Solar bat monitors uncover secrets of Auckland’s night sky

Advertisement
Advertise with NZME.

Latest from Bay of Plenty Times

Premium
Premium
'Incredible improvement': College to ditch open-plan classes after NCEA trial
Bay of Plenty Times

'Incredible improvement': College to ditch open-plan classes after NCEA trial

Pāpāmoa College was planning the move before the Government called time on open layouts.

25 Jul 12:51 AM
'Silence ... then the heat hit me': Man saves Harley-Davidson, loses house in blaze
Bay of Plenty Times

'Silence ... then the heat hit me': Man saves Harley-Davidson, loses house in blaze

24 Jul 11:31 PM
Ongoing police presence: Tauranga drug bust leads to arrest
Bay of Plenty Times

Ongoing police presence: Tauranga drug bust leads to arrest

24 Jul 08:57 PM


Solar bat monitors uncover secrets of Auckland’s night sky
Sponsored

Solar bat monitors uncover secrets of Auckland’s night sky

06 Jul 09:47 PM
NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • Bay of Plenty Times e-edition
  • Manage your print subscription
  • Manage your digital subscription
  • Subscribe to Herald Premium
  • Subscribe to the Bay of Plenty Times
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • Bay of Plenty Times
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP