Overall the Wanaka rental market has remained evenly balanced, with supply and demand tracking closely together.

Wanaka Long Term Rental Market
Tenants are continuing to take their time to carefully weigh up their options, with travel distance increasingly factoring into their decision-making. Advertising as early as possible, and having a considered rent amount, are key to securing the best possible tenant.

We are continuing to see new home-owners enter the Wanaka market, with the view rent their home long-term. This is great news for renters in and around Wanaka.

Wanaka Winter Rental Market
There has been good demand for winter rental homes, Home and Co owners have accepted a wide range of good-quality tenants. Some of these tenancies have started earlier than we would typically expect for the winter season. Owners who made the decision to rent their home over winter early, have had the best pick of tenants, while owners making this decision later in the year have had a limited choice.

The median time to secure a long‑term tenant continues to sit consistently at around three to four weeks, reflecting a steady and healthy rental market.