Renting in Wellington now just as expensive as Auckland

Drive 26/02/2018

The latest Trade Me property rental index has revealed that it is now just as expensive to rent in Wellington City as it is to rent in Auckland City after the median weekly rent reached $550 in both cities.

Tenants in Wellington are beginning to look further afield with Lower Hutt proving to be the most popular area for tenants in January.

To look at what is driving up the rental prices in the capital Stephen McIvor speaks to Head of Trade Me Property Nigel Jeffries on RadioLIVE Drive.

Listen to the full interview with Nigel Jeffries above.

Drive with Stephen McIvor, 3pm - 6pm Weekdays and streaming live on 'rova' channel 9 - available on Android and iPhone.