27 May 2020
DOIA 1920-1541
Ed McKnight
[FYI request #12741 email]
Dear Ed
Thank you for your email of 20 April 2020 to the Ministry of Business, Innovation and Employment (the
Ministry) requesting the following information under the Official Information Act 1982:
I am writing to request statistics relating to the distribution of rental properties amongst
landlords.
Based on current (or recent) bond lodgement data and/or other data held by MBIE can
you please supply the following statistics:
1. The proportion of residential rental properties lodged by landlords with only one rental
property and the total number of landlords in this category.
2. The proportion of residential rental properties lodged by landlords with between 2 and
5 rental properties and the total number of landlords in this category.
3. The proportion of residential rental properties lodged by landlords with between 5 and
20 rental properties and the total number of landlords in this category.
4. The proportion of residential rental properties lodged by landlords with between 21 and
50 rental properties and the total number of landlords in this category.
5. The proportion of residential rental properties lodged by landlords with between 50 and
200 rental properties and the total number of landlords in this category.
6. The proportion of residential rental properties lodged by landlords with more than 200
rental properties and the total number of landlords in this category.
If possible, I would like this data broken down regionally and ideally sub-regionally (i.e. the
same suburb-based breakdown that is available for average rents on the Tenancy Services
website).
Finally — if it is possible — a further breakdown of these figures based on the split
between those rented by the owner of the property and those rented by an agent (e.g. a
property management company, a trust or some other non-owner entity).
Please refer to the following table for the data you have requested:
Number of Rental Properties
1
2 to 5
6 to 20 21 to 50 51 to 200 201+
Non Private
92
66
38
19
26
34
Property Management
378
394
322
198
441
284
Type of and Companies
number of Private Companies
7191
3971
834
170
96
25
Landlords Private Owners
43781 14839 1154
60
8
3
Private Trust
5942
2487
378
32
8
4
Private (Old)
37614 3686
3
0
0
0
This data is based on the following:
•
Bonds lodged up to 22 May 2020
•
Bonds with a current bond balance of >$0.00
•
The number of current bonds/properties a landlord has
Regarding this data, please note that:
•
It may include bonds/tenancies that have ended, but a refund claim has not yet been received by
Tenancy Services
•
It may include bonds/tenancies that have ended and a refund claim is being processed or the
bond is being held in dispute
•
The private (Old) type refers to landlord types that are to be updated in the Bond System to
reflect the reclassified landlord type. These may include landlords that are Property Management
Companies, Private Companies, Private Trusts, Private Owners and Non-private Landlords. These
are continuously being updated and do not impact the information provided
Please also note that the Ministry is unable to break down current market rent areas or separate the data
according to location, as this would result in innacurate reporting on landlords who own multiple
properties in different regions.
You have the right to seek an investigation and review by the Ombudsman of this response. Information
about how to make a complaint is available at: www.ombudsman.parliament.nz or freephone: 0800 802
602.
Yours sincerely
Ota Savaiinaea
Operations Manager
Tenancy Bond Services
