Almost 80,000 international students have enrolled to study in New Zealand in 2014, and Immigration NZ is anticipating that the numbers will be even higher once its marketing campaign gets underway. This is good news for our owners - Auckland's central city apartments are popular with international students.
"In theory we should see more demand for apartments," says Aaron Tunstall. "With around 22,000 apartments in Auckland's CBD, it only takes 1,000 or 1,500 extra tenants to make a real difference. I think we'll see rents start to go up in the second half of 2014."