Tauranga
Rental Market
Sections
1. Rental Costs in Tauranga
Rental prices in Tauranga vary depending on the type of property, location, and proximity to amenities. As of 2023, here is a general breakdown of rental costs:
- Apartments/Flats:
- 1-bedroom apartment: NZD 350β450 per week
- 2-bedroom apartment: NZD 450β600 per week
- Houses:
- 2-bedroom house: NZD 500β650 per week
- 3-bedroom house: NZD 600β800 per week
- 4-bedroom house: NZD 750β1,000+ per week
- Shared Accommodation:
- Renting a room in a shared house: NZD 150β250 per week (utilities may or may not be included)
Additional Costs:
- Utilities (electricity, water, internet): NZD 150β250 per month
- Bond (security deposit): Typically 4 weeksβ rent
- Letting fee: This is no longer legal in New Zealand, so tenants should not be charged this fee.
2. Types of Housing Options
Tauranga offers a variety of housing options to suit different needs and budgets:
-
Standalone Houses:
- These are the most common type of housing in Tauranga, often with gardens or outdoor spaces. Ideal for families or those seeking more privacy.
- Found in suburban areas like Bethlehem, Papamoa, and Welcome Bay.
-
Townhouses:
- Compact, modern homes often located closer to the city center or in new developments.
- Suitable for professionals or small families.
-
Apartments:
- Limited compared to larger cities like Auckland, but there are options in the central business district (CBD) and near Mount Maunganui.
- Popular among young professionals or couples.
-
Shared Accommodation:
- Common among students, young professionals, or those on a budget.
- Typically involves renting a room in a house with shared kitchen and bathroom facilities.
-
Lifestyle Properties:
- Larger homes on rural or semi-rural land, often with scenic views. These are more expensive and suited for those seeking a quieter lifestyle.
3. Procedures for Renting
Renting a property in Tauranga involves several steps. Hereβs a guide to the process:
a) Searching for a Rental Property
- Online Platforms: Websites like Trade Me Property (trademe.co.nz/property), Realestate.co.nz, and Facebook Marketplace are popular for finding rentals.
- Local Property Managers: Agencies like Barfoot & Thompson, Harcourts, and Ray White manage many rental properties.
- Word of Mouth: Networking with locals or joining community groups on social media can help uncover rental opportunities.
b) Viewing the Property
- Schedule a viewing with the landlord or property manager. Itβs important to inspect the property for any issues and ensure it meets your needs.
c) Application Process
- Submit a rental application, which typically includes:
- Proof of identity (passport, driverβs license)
- Proof of income (pay slips, employment contract)
- References (from previous landlords or employers)
- Credit check (if required)
- Be prepared to act quickly, as the rental market in Tauranga can be competitive.
d) Signing the Tenancy Agreement
- Once approved, youβll sign a tenancy agreement. This document outlines:
- Rent amount and payment frequency
- Bond amount
- Duration of the tenancy (fixed-term or periodic)
- Responsibilities of both tenant and landlord
- Ensure you read and understand the agreement before signing.
e) Paying the Bond and Rent
- The bond (up to 4 weeksβ rent) is lodged with Tenancy Services, a government agency. Youβll receive a receipt and the bond will be refunded at the end of the tenancy if no damages occur.
- Rent is usually paid weekly or fortnightly.
4. Considerations for Choosing a Location
Tauranga is divided into several suburbs, each with its own character and amenities. Here are some key areas to consider:
-
Mount Maunganui:
- Popular for its beaches, cafes, and vibrant lifestyle.
- Higher rental prices due to its desirability.
- Ideal for young professionals or those who enjoy an active, beach-oriented lifestyle.
-
Papamoa:
- A growing suburb with family-friendly amenities, schools, and shopping centers.
- More affordable than Mount Maunganui but still close to the beach.
-
Bethlehem:
- A suburban area with excellent schools, parks, and shopping facilities.
- Popular with families and retirees.
-
Welcome Bay:
- Offers more affordable housing options and scenic views.
- Slightly further from the city center, so a car is recommended.
-
Tauranga CBD:
- Convenient for professionals working in the city.
- Limited housing options, mostly apartments or townhouses.
-
Otumoetai and Matua:
- Established suburbs with good schools and amenities.
- Suitable for families and those seeking a quieter lifestyle.
5. Regulations and Cultural Aspects
Understanding the legal and cultural aspects of renting in Tauranga is crucial:
a) Tenancy Laws
- Governed by the Residential Tenancies Act 1986.
- Key tenant rights include:
- The right to a warm, dry, and safe home.
- The landlord must maintain the property and carry out necessary repairs.
- Rent increases are limited to once every 12 months.
- Tenants must:
- Pay rent on time.
- Keep the property clean and undamaged.
- Notify the landlord of any issues.
b) Healthy Homes Standards
- Landlords are required to ensure properties meet the Healthy Homes Standards, which include:
- Proper insulation
- Heating in the main living area
- Ventilation
- Moisture and drainage control
- Draught stopping
c) Cultural Considerations
- Punctuality: Be on time for property viewings and meetings with landlords or agents.
- Cleanliness: Properties are expected to be returned in a clean and tidy condition.
- Community Respect: Tauranga residents value a peaceful and respectful neighborhood environment. Be mindful of noise levels and parking.
d) Pets
- Not all landlords allow pets, so check the tenancy agreement. Pet-friendly properties may be harder to find.
e) Flatting Culture
- If youβre sharing accommodation, itβs common to split costs for utilities and groceries. Open communication is key to maintaining harmony.
6. Tips for Navigating the Rental Market
- Act Quickly: Good properties are in high demand, so submit your application promptly.
- Negotiate: While rare, you may be able to negotiate rent or lease terms, especially for long-term tenancies.
- Inspect Thoroughly: Check for issues like dampness, mold, or faulty appliances during the viewing.
- Build a Good Rental History: Paying rent on time and maintaining the property can help secure future rentals.
By understanding the rental market in Tauranga and following these guidelines, youβll be well-prepared to find a suitable home in this beautiful city. If you have further questions or need assistance with specific aspects of renting, feel free to ask!