Investor Article

Seasonality at play in latest Hamilton rental data

Image of Oliver Pearson

Author: Oliver Pearson

Manager and Property Investor for 20+ years

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 Oliver Pearson

Oliver Pearson

Manager and Property Investor for 20+ years

Image of Oliver Pearson

Oliver Pearson

Manager and Property Investor for 20+ years

Oliver Pearson began investing in property aged 21 and has since bought, developed and sold real estate in the UK, USA, South East Asia and New Zealand. After a career in banking he is now on the management team at Waikato Real Estate and has contributed to property articles for NZ Herald, Stuff and Property Investor Magazine.

Based in Raglan, Oliver's passions extend beyond property to surfing, hydrofoiling, and providing a taxi service for his children.

Multi Award-winning Property Management

We take exceptional care of your property, leaving you free to do what you love