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Hamilton Property Management

Photo: Bridge Street Bridge, Hamilton, New Zealand by russellstreet

Over the last few years Hamilton has experienced its strongest residential housing boom, with an all time high in both the volume of new dwellings and average sale prices. Unfortunately, there is clear evidence of a flattening and there shouldn’t be any surprising highs and lows this year.

With the average price of $550,000, Hamilton affordability has decreased, though the city still remains the most affordable of all major North Island cities.

Demand for rental accommodation remains strong with over 160,000 people continuing to rent. Unfortunately tighter lending restrictions are driving a lack of supply with reported vacancy rates as low as 1%.

If you’re one of 14,000 Hamilton landlords, myRent can help to manage and advertise your property. myRent offers simplified, flexible, intuitive property management for only $10 per month and Hamilton property advertising on myRent, Trade Me, realestate.co.nz, OneRoof, Homes.co.nz and myRent and for a one-off fee of $75.

$10 Property Management Find Tenants for $75

What does the average renter in Hamilton looks like?

Gender

Tenants in Hamilton by gender graph - Hamilton property management

Average age

34 Years Old

Number of renters in each age category

Tenant renter age split graph - Hamilton property management

Ethnicity

Renter tenant ethnicity graph - Property management in Hamilton

Median renters household income

$46,000

Work travel

83% drive to work and it takes on average 16 mins

Number of bedrooms preference

Rental property number of bedrooms graph - Property management in Hamilton

Number of cars per household

Number of cars in rental property graph - Hamilton property management

Number of renters who have access to internet

68%

Number of renters who have access to mobile phone

82%

Average rent in Hamilton

$390

To see how myRent can help you with rental property management in Hamilton and to make your property advert seen by more potential tenants, follow the link below.

$10 Property Management Find Tenants for $75

Sources of stats: Hamilton City Council, Hamilton's Housing Market and Economy: Growth Indicator Report, March 2017. CoreLogic New Zealand Monthly Property Market & Economy Update May-June 2017. REINZ Monthly Property Report May 2017. QV.co.nz. Smallman, E., Stuff (2017). Waikato property market reaching 'inflection point'. Statistics New Zealand. (2013). Profile and summary reports. Hamilton real estate market (2017). Hall, S (2017). 2017 So Far - Sales Data for the Hamilton Property Market'

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