Along with new lambs and fresh spring growth, we have seen a pleasing increase at Home & Co in listing views, enquiries and tenancy agreements signed.

July to August 26 has seen applications increase a whopping 105% which is great news for owners with properties being advertised. Viewings of properties increased 33% and we got 56% more tenancy agreements signed.

The media has reported relatively big rent increases in the Central Otago / Lakes District of 7% year on year for September*. However, this is not backed up by our own data which shows a much more modest increase of just over 2%. The difference is most likely due to higher rents in Queenstown and the fact the media is only reporting on advertised rents, not tenancies being renewed. Many owners value quality long-term tenants and are often willing to forgo maximum market rent in exchange for reliability, property care, and stability.

Some more interesting facts from realestate.co.nz (Jun 26 to Aug 26) -

Home and Co gets 60% more inquiries than our next biggest competitor.
We have 220% more views on realestate.co.nz than other Wanaka agents.
70% more people click on our listings
On average, we rent homes 5 days quicker than other Wanaka agents. This means 5 days extra rent in your hands

* realestate.co.nz