% of income spent on rent???
Jan 25th 2009, 7:03 pm
#16
BE Enthusiast
Joined: Sep 2007
Location: Inglewood in New Plymouth
Posts: 867
Re: % of income spent on rent???
just do what we did, offer to do short term fixed and say if love it after the 3 month will do a longer, we have been lucky they said that was fine after 3 months goes periodic.... means 21 days notice if we want to leave
caz
Mar 3rd 2009, 2:41 am
#17
BE Enthusiast
Joined: Mar 2008
Posts: 968
Re: % of income spent on rent???
Firstly , buying a house in an area you dont know is very risky.
Secondly, there is plenty wrong with many houses in NZ, so do your research first. Plenty of information on that on this site. Watch out.
Thirdly, if you do regret your purchase and decide to sell, NZ real estate agents often charge 3.5% - 4% of the sale price.
Mar 3rd 2009, 11:35 am
#18
Banned
Joined: Mar 2009
Posts: 146
Re: % of income spent on rent???
HI All
We will be arriving at the end of feb if all goes well and we have a hioliday rental house ready for when we arrive. We been looking on trademe for ideas for a rental property. It seems like the average rent a week for a 4 bedroom house is gonna set us back around $600 per week. We are a family of 5 and due to childrfens ages won't be able to share rooms. This is going to eat up half of our income. Is this pretty normal in NZ? how much of a family's income are spent on accommodation in NZ?
We are planning to live in North shore Auckland in the area of albany/pinhill/brownsbay.
We will be arriving at the end of feb if all goes well and we have a hioliday rental house ready for when we arrive. We been looking on trademe for ideas for a rental property. It seems like the average rent a week for a 4 bedroom house is gonna set us back around $600 per week. We are a family of 5 and due to childrfens ages won't be able to share rooms. This is going to eat up half of our income. Is this pretty normal in NZ? how much of a family's income are spent on accommodation in NZ?
We are planning to live in North shore Auckland in the area of albany/pinhill/brownsbay.
