Median weekly rent in the Rotorua District, New Zealand
All residential property types, Jun 2014–Jun 2024, NZD per week
Month | NZD per week |
---|---|
Jun 2014 | 260 |
Jul 2014 | 255 |
Aug 2014 | 260 |
Sep 2014 | 250 |
Oct 2014 | 260 |
Nov 2014 | 265 |
Dec 2014 | 265 |
Jan 2015 | 270 |
Feb 2015 | 260 |
Mar 2015 | 260 |
Apr 2015 | 270 |
May 2015 | 270 |
Jun 2015 | 270 |
Jul 2015 | 260 |
Aug 2015 | 270 |
Sep 2015 | 270 |
Oct 2015 | 280 |
Nov 2015 | 285 |
Dec 2015 | 290 |
Jan 2016 | 290 |
Feb 2016 | 280 |
Mar 2016 | 298 |
Apr 2016 | 285 |
May 2016 | 295 |
Jun 2016 | 290 |
Jul 2016 | 300 |
Aug 2016 | 290 |
Sep 2016 | 310 |
Oct 2016 | 305 |
Nov 2016 | 310 |
Dec 2016 | 320 |
Jan 2017 | 300 |
Feb 2017 | 320 |
Mar 2017 | 310 |
Apr 2017 | 320 |
May 2017 | 320 |
Jun 2017 | 335 |
Jul 2017 | 320 |
Aug 2017 | 320 |
Sep 2017 | 340 |
Oct 2017 | 340 |
Nov 2017 | 340 |
Dec 2017 | 350 |
Jan 2018 | 350 |
Feb 2018 | 343 |
Mar 2018 | 350 |
Apr 2018 | 350 |
May 2018 | 365 |
Jun 2018 | 360 |
Jul 2018 | 350 |
Aug 2018 | 355 |
Sep 2018 | 360 |
Oct 2018 | 355 |
Nov 2018 | 370 |
Dec 2018 | 370 |
Jan 2019 | 370 |
Feb 2019 | 388 |
Mar 2019 | 380 |
Apr 2019 | 400 |
May 2019 | 388 |
Jun 2019 | 395 |
Jul 2019 | 380 |
Aug 2019 | 410 |
Sep 2019 | 400 |
Oct 2019 | 420 |
Nov 2019 | 420 |
Dec 2019 | 420 |
Jan 2020 | 440 |
Feb 2020 | 440 |
Mar 2020 | 400 |
Apr 2020 | 435 |
May 2020 | 450 |
Jun 2020 | 430 |
Jul 2020 | 425 |
Aug 2020 | 445 |
Sep 2020 | 430 |
Oct 2020 | 450 |
Nov 2020 | 438 |
Dec 2020 | 450 |
Jan 2021 | 450 |
Feb 2021 | 450 |
Mar 2021 | 480 |
Apr 2021 | 470 |
May 2021 | 480 |
Jun 2021 | 480 |
Jul 2021 | 495 |
Aug 2021 | 465 |
Sep 2021 | 478 |
Oct 2021 | 498 |
Nov 2021 | 500 |
Dec 2021 | 500 |
Jan 2022 | 490 |
Feb 2022 | 490 |
Mar 2022 | 500 |
Apr 2022 | 500 |
May 2022 | 495 |
Jun 2022 | 510 |
Jul 2022 | 520 |
Aug 2022 | 520 |
Sep 2022 | 490 |
Oct 2022 | 500 |
Nov 2022 | 520 |
Dec 2022 | 510 |
Jan 2023 | 550 |
Feb 2023 | 530 |
Mar 2023 | 520 |
Apr 2023 | 540 |
May 2023 | 530 |
Jun 2023 | 550 |
Jul 2023 | 510 |
Aug 2023 | 550 |
Sep 2023 | 520 |
Oct 2023 | 550 |
Nov 2023 | 545 |
Dec 2023 | 550 |
Jan 2024 | 560 |
Feb 2024 | 560 |
Mar 2024 | 570 |
Apr 2024 | 570 |
May 2024 | 580 |
Jun 2024 | 560 |
Definitions
Lodged bonds represent the number of tenancy agreements lodged in that month
Active bonds represent the number of tenancy agreements commenced from that month that are still presently active.
Closed bonds represent the number of tenancy agreements from that month that have ended.
Data calculation/treatment
Geometric mean: The geometric mean is calculated by multiplying n values together and taking the nth root of the result. When a variable is log-normally distributed (a common distribution for variables than must be greater than 0) the geometric mean will closely approximate the median.
Synthetic Quartiles (replacing quartiles): The synthetic quartiles are designed to find the 25th percentile (for the lower quartile) and 75th percentile (for the upper quartile) of a set of data, assuming the data is lognormally distributed. The mean and variance of the data are not assumed, but instead are calculated. This approach is consistent with using the geometric mean to approximate the median.
Inclusions
The files include the private bonds, starting from January 1993. 'Private' means private sector landlords.
Data provided by
Dataset name
Rental Bond Data: by Territorial Authority (Monthly) June 2024
Webpage:
https://www.mbie.govt.nz/building-and-energy/tenancy-and-housing/rental-bond-data/
How to find the data
At URL provided, select 'By territorial authority, January 1993 to June 2024 from under the 'Rental bond data, January 1993 to June 2024' heading.
Import & extraction details
File as imported: Rental Bond Data: by Territorial Authority (Monthly) June 2024
From the dataset Rental Bond Data: by Territorial Authority (Monthly) June 2024, this data was extracted:
- Rows: 2-25,129
- Columns: 4-10
- Provided: 175,896 data points
This data forms the table Rent - Bonds and weekly rent for residential properties by territorial authority Feb 1993–Jun 2024.
Dataset originally released on:
August 09, 2024
Method of collection/Data provider
This data comes from MBIE's tenancy bond database, which records all new rental bonds that are lodged each month.