Investor Article

Seasonality at play in latest Hamilton rental data

Image of Michelle Pearson

Author: Michelle Pearson

Managing Director and Property Investor

Aug 9, 2024
Seasonality 1

Seasonality significantly impacts the demand for residential rental properties in Hamilton, with fluctuations typically tied to the academic calendar and holiday seasons.

 

In Hamilton, demand tends to peak in late January and February, as students and professionals seek accommodation before the start of the academic year or new job roles. During this period, competition for rental properties intensifies, often leading to higher rents and limited availability. Additionally, the summer months, when the weather is warmer and more people are relocating, also see increased demand.

 

Conversely, demand tends to decline during the winter months, particularly from June to August, when fewer people are moving due to colder weather and the academic year being well underway.

 

This seasonal winter dip is currently in full effect in Hamilton, as the latest data from Trade Me demonstrates.

 

Source: Trade Me

Image of Michelle Pearson

Michelle Pearson

Managing Director and Property Investor

Image of Michelle Pearson

Michelle Pearson

Managing Director and Property Investor

Michelle Pearson began investing in property in her late twenties and has since bought, renovated, built and developed over 20 properties around the Waikato.

After a decade-long legal career, Michelle is now on the management team at Waikato Real Estate and has contributed to property articles for NZ Herald, Stuff and Property Investor Magazine.

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