Author Fraser Coombes, 12th February 2026
When a rental property is vacant, the cost adds up quickly – $104 per day on average.
The length of time that a listing stays live is one of the clearest indicators of how quickly it’s rented. This is measured as Average Days on Site – the average number of days a rental is advertised before a tenant is secured.
Each month, realestate.co.nz publishes Average Days on Site data, and the latest results for Hamilton show that over the past 12 months, rental properties have remained listed for around 27 days on average.
By comparison, properties managed by Ray White Hamilton Property Management have been leased in around 16–17 days on average – meaning our rentals have been leased approximately 10 days faster than the market, consistently across the year.
In December, our performance gap widened even further. =Our rentals were leased around 12 days faster than the market average, despite the added disruption of the holiday period.
That difference has a real financial impact. With vacancy costs sitting at around $104 per day, leasing 12 days faster equates to approximately $1,250 saved per vacancy.
This isn’t a one-off result. It reflects a sustained, hands-on approach to marketing, tenant selection, and follow-up – helping our owners experience less downtime, lower vacancy risk, and more reliable income when timing matters most.
Want deeper insight into how long rental properties really take to find tenants in Hamilton? Our infographic breaks down the data month by month.
