When deciding whether to furnish your rental property in Wanaka, it's important to consider your target market and the potential benefits. While furnished rentals are less common, they do attract niche renters such as professionals on short-term contracts, seasonal workers, and those using platforms like Airbnb.

What Does the Market Say?

In Wanaka, the percentage of furnished rentals remains small, but there's steady demand, especially for short-term stays. However, it’s important to assess this carefully, as some listings may cater to seasonal visitors rather than long-term tenants.

Location Matters

Furnished properties tend to be most popular in central Wanaka and areas close to popular attractions like Lake Wanaka and Treble Cone. Outside of these key areas, demand for furnished rentals drops. While these properties can charge higher rents, they often attract short-term tenants, meaning more frequent turnover and additional maintenance costs.

Things to Consider Before Furnishing

Chattels List: Keep a detailed inventory of all furniture and appliances to avoid disputes.
Quality Over Quantity: Focus on essential, high-quality items rather than outdated furniture.
Ongoing Maintenance: Furnished properties require more attention, as all provided items need to be maintained and replaced if faulty.

Is Furnishing the Right Choice for You?

It depends on your property’s location and who you’re looking to attract. If you're targeting professionals, seasonal workers, or Airbnb guests, furnishing could be a great option. However, for long-term tenants, an unfurnished property often offers more stability and less ongoing maintenance.

If you're considering furnishing your Wanaka rental or purchasing one that’s already furnished, feel free to get in touch. We're here to help you make the best decision for your investment.