Allowing pets in rental properties is a hot topic for landlords in New Zealand. With growing demand for pet-friendly rentals, many property owners are rethinking their stance on tenants with pets. However, allowing pets comes with both benefits and challenges.
In this blog, we’ll explore the pros and cons of pet-friendly rentals and how NG Property Management (NGPM) can help you maximize returns while minimizing risks.
1. Pros of Allowing Pets in Rentals ✅
1.1. Higher Tenant Demand 📈
- Pet-friendly properties attract a larger tenant pool, as many renters own pets and struggle to find accommodation that allows them.
- Statistics show that approximately 60% of New Zealand households own pets, highlighting the demand for pet-friendly rentals.
NGPM Insight:
We help landlords market properties as pet-friendly while setting clear expectations through tenancy agreements.
1.2. Higher Rent Potential 💰
- Landlords can often charge higher rents for pet-friendly properties due to limited supply and high demand.
- Tenants may be willing to pay premiums or higher bonds to secure a home for themselves and their pets.
NGPM Insight:
We analyze local market rates and recommend competitive pricing for pet-friendly properties to boost rental yield.
1.3. Longer Tenancies 🏠
- Pet owners are often more stable tenants who stay longer because of the difficulty in finding pet-friendly housing.
- Longer tenancies mean lower turnover costs and fewer vacancy periods.
NGPM Insight:
We conduct thorough tenant screening to ensure pet owners have a positive rental history.
1.4. Broader Market Appeal 🌍
- Accepting pets can broaden your market reach, especially in family-oriented suburbs or areas with parks like Whitby and Paremata in Porirua.
- Pet-friendly rentals appeal to families, professionals, and young couples, expanding your target audience.
NGPM Insight:
We use professional listings to highlight pet-friendly features like fenced yards or easy-to-clean flooring.
2. Cons of Allowing Pets in Rentals ❌
2.1. Potential Property Damage 🔧
- Pets may cause scratches, stains, or chewing damage to walls, floors, and fixtures.
- Odors and hair buildup can be difficult to remove between tenancies.
NGPM’s Solution:
We recommend pet clauses in tenancy agreements that require tenants to cover cleaning costs or repairs caused by pets.
2.2. Noise Complaints 🔊
- Dogs may bark excessively, or pets may create disturbances, leading to neighbor complaints.
NGPM’s Solution:
We include noise-control clauses in tenancy agreements and address disputes promptly.
2.3. Health and Allergy Concerns 🤧
- Future tenants may have allergies to pet hair, which can linger even after deep cleaning.
NGPM’s Solution:
We ensure professional cleaning services handle deep cleans before new tenants move in.
2.4. Liability Risks ⚠️
- Landlords could face liability issues if a tenant’s pet injures someone on the property.
NGPM’s Solution:
We advise landlords to update their insurance policies to include coverage for pets and recommend adding a pet bond when it becomes effective in late 2025.
3. Setting Rules for Pet-Friendly Rentals 📜
Pet Clauses in Tenancy Agreements ✍️
- Specify acceptable pet types (e.g., dogs, cats, fish).
- Limit the number and size of pets allowed.
- Require tenants to:
- Pay for cleaning or repairs related to pet damage.
- Provide references from past landlords about their pets.
- Seek permission before adding new pets.
4. How NG Property Management Makes Pet-Friendly Rentals Easy 🐾
At NG Property Management, we take the stress out of pet-friendly rentals with:
- Tenant Screening: We verify tenant and pet references to minimize risks.
- Custom Agreements: We add pet clauses that protect landlords from damage and liability.
- Property Inspections: We conduct routine inspections to identify and address pet-related issues early.
- Insurance Advice: We guide landlords through insurance options to cover pet-related damages.
- Market Analysis: We assess whether pet-friendly properties fit your investment strategy and offer the best return.
Let us handle the details while you benefit from increased tenant demand and rental returns.
5. Key Takeaways
- Allowing pets in rentals can increase demand, reduce vacancies, and boost rental income.
- Risks include property damage, noise complaints, and liability concerns, but these can be managed with proper agreements.
- NG Property Management simplifies pet-friendly rentals with screening, agreements, and maintenance support to protect your investment.
Disclaimer: This blog is for informational purposes only and does not constitute legal advice. For specific guidance, consult a property management expert.
