Manage My Rental

One of the reports that we follow closely is the monthly Housing Chart Pack from Cotality.

In their September 🈷️ release for the month of August they reported New Zealand’s rental market remains subdued 📊, but their latest commentary suggests rents may be starting to stabilise 〽️.

Stats NZ recorded a 0.9% annual rise 📈 in new rents to August. Separately, MBIE’s bond data 📋showed rents over the three months to July were 0.3% higher than a year earlier—the first annual increases in nearly 18 months.

A sharp rebound 👆still looks unlikely, with migration ✈️ relatively low and housing 🏡 supply having grown in recent years.

For landlords, realistic pricing remains key. Small national increases don’t automatically mean your property can achieve a higher rent—local conditions matter.

Here is an interesting article 📰 about a property manager 👩 who appeared on a well known tv 📺 program; Renters 👨‍👩‍👦.

It talks about properties 🏡 managed that aren't compliant 📝 with healthy homes and practices from the property manager being unlawful 👮.

The law that governs property managers (RTA 1986) is a minefield and is constantly evolving.

If you want to read more, the article is in the comments below 👇

We work hard to deliver high service levels to both owners 👨‍💼and tenants 👩🏻‍💼. When people 👪have a great experience with us we are thrilled 😀.

Here is a nice five star review 🌟🌟🌟🌟🌟 from one of our clients, Mary 👩.

Here is our monthly newsletter. It has updates on the rental market, what is happening on the ground and other useful information if your wanting to elevate your knowledge on what is happening on the ground.

Find it in the comments and if you know of anything that you think will find this useful please share.

Leaving unwanted furniture or appliances in your rental?

It could create an ongoing maintenance responsibility.

If a fridge, washing machine, dryer or other item is included as part of a tenancy, the landlord is generally responsible for keeping it in working order. You can’t simply state that it won’t be repaired or replaced if it breaks down.

We recently rented a two-bedroom apartment in Berhampore that contained several pieces of furniture the owner no longer needed. The owner was planning a special trip to Wellington to remove, donate or dispose of them before the tenancy began.

Instead, our letting agent Carol suggested offering the items to the incoming tenant as a gift.

We photographed each item and made it clear that, if accepted, ownership would transfer to the tenant. The tenant was delighted to receive the furniture, while the owner avoided the time and cost of removing it and had no ongoing responsibility for maintaining or replacing it.

If you have unwanted items in a rental property, your options generally include:

Removing or selling them
Offering them to the tenant to purchase
Gifting them to the tenant, with the transfer clearly documented

If the tenant doesn’t want them, they should be removed before the tenancy begins.

Sometimes a simple conversation can save time, money and future maintenance headaches while creating a positive outcome for everyone.

Everyone say Hi to Sonny Boy.

If you are ever in our office and you want to meet him come say Hi ✋, he is super friendly 😀, relaxed 😌 and lazy 😴

Meet the newest edition to the office: Sonny Boy 🐈.

Highly productive at sleeping 😴.

Whenever your next in the office 🏢and you want to meet him don't hesitate to let us know because he is very friendly 😀.

Data 📉 from OneHub in conjunction with TradeMe have released rental property 🏡data for the month of August 🈷️. You'll see from the report 🗞 that the following metrics except for rental price index have trended down 👇 from the same month last year:

👉Number of searches
👉New listings
👉Rental price index
👉Median days on TradeMe

https://www.managemyrental.co.nz/wp-admin/upload.php?item=2449

Tenancy Services have updated market 🏪 rent values 💵. If you want to get an idea 💡of what rent is doing in your area 🏡, please click the link below 👇🏼:

https://www.tenancy.govt.nz/rent-bond-and-bills/market-rent/

My good tenant has stopped looking after my property. What should I do?

When a previously reliable tenant suddenly stops maintaining a property, it can be tempting to assume the tenancy has run its course.

That’s what appeared to be happening at one of our Johnsonville properties. After the tenant’s partner moved in, routine inspections showed a gradual decline in cleanliness and grounds maintenance, along with damage including marked walls and cracked windows.

However, this tenant had a long history of caring well for the home. Rather than immediately recommending the tenancy be ended, her property manager, Fraser, took the time to understand what had changed and consistently addressed the issues at each inspection.

The partner eventually moved out, and the original tenant took responsibility for putting things right. She paid for the damage to be repaired, and the property has since returned to the clean, tidy condition it was previously maintained in.

The landlord retained a reliable long-term tenant, avoided vacancy and advertising costs, and had the property restored to a good standard.

Every situation is different, but this is a good reminder that effective property management isn’t just about identifying a problem. It’s about understanding what has changed, addressing it consistently and using good judgement to achieve the best outcome for both the owner and the tenancy.