Wellington rental market shifts as vacancy rates increase

Friday 26 September 2025 · 5 outlets · 3 reports · updated Fri 26 Sep 2025, 9:57am

In this story Cotality NZ, Kelvin Davidson, Trade Me

A surplus of vacant rental properties in Wellington has changed the power dynamic between landlords and tenants. Recent data shows Wellington median rents have fallen 8.5 percent year-on-year to $595 a week. Landlords are now offering various incentives to attract potential renters to viewings.

How they headlined it

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1. 1News via RNZFri 26 Sep 2025, 7:57am

   Huge shift between landlords and tenants as Wgtn rentals stay vacant (opens in new tab)

2. Stuff via RNZFri 26 Sep 2025, 9:15am

   The huge shift between landlords and renters as rentals stay vacant in Wellington (opens in new tab)

   Also on RNZ (opens in new tab), NZ Herald (opens in new tab)

3. Otago Daily TimesFri 26 Sep 2025, 9:57am

   Landlords woo tenants with freebies as rentals stay vacant (opens in new tab)