April 2024 suburb report: rent, house prices and yield

See a breakdown of average house prices, average weekly rent, and gross yield for three-bedroom properties across Auckland.

For more information contact a property manager or to find out how much rent you can achieve, ask for a rental appraisal.

Suburb breakdown

Auckland average

Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Auckland $1,082,525 $676 3.25%

Central Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Auckland Central $1,530,000 $1,015 3.45%

Central Auckland East

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Epsom $1,529,567 $816 2.78%
Greenlane $1,293,571 $749 3.01%
Lynfield $1,196,400 $662 2.88%
Mount Eden $1,687,286 $789 2.43%
Mount Roskill $1,272,907 $661 2.70%
New Windsor $1,174,250 $641 2.84%
One Tree Hill $1,299,686 $730 2.92%
Onehunga $1,099,235 $697 3.30%
Royal Oak $1,446,063 $732 2.63%
Sandringham $1,304,043 $714 2.85%
Three Kings $1,461,750 $796 2.83%

Central Auckland West

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Freemans Bay $1,485,833 $1,008 3.53%
Grey Lynn $1,852,857 $890 2.50%
Mount Albert $1,196,075 $660 2.87%
Point Chevalier $1,648,333 $832 2.63%
Ponsonby $1,671,000 $990 3.08%
Westmere $1,393,333 $958 3.57%

Eastern Suburbs

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Ellerslie $1,123,800 $732 3.39%
Glen Innes $1,177,923 $690 3.05%
Glendowie $1,783,936 $803 2.34%
Kohimarama $2,102,500 $949 2.35%
Meadowbank $1,394,250 $824 3.07%
Mission Bay $1,704,167 $855 2.61%
Mount Wellington $972,078 $670 3.59%
Panmure $849,500 $648 3.96%
Parnell $1,958,333 $849 2.25%
Point England $1,106,250 $669 3.14%
Remuera $2,398,727 $841 1.82%
Saint Heliers $1,839,000 $866 2.45%
Saint Johns $1,311,000 $758 3.01%

Franklin/Manukau Rural

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Clarks Beach $854,333 $584 3.55%
Pokeno $925,000 $647 3.64%
Pukekohe $837,632 $577 3.58%
Tuakau $740,000 $556 3.91%
Waiuku $843,091 $558 3.44%

North Shore

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Albany $966,306 $698 3.75%
Bayview $958,333 $651 3.53%
Beach Haven $891,375 $639 3.73%
Belmont $1,664,627 $769 2.40%
Birkdale $987,500 $620 3.27%
Browns Bay $1,042,941 $694 3.46%
Castor Bay $1,343,400 $837 3.24%
Devonport $1,839,000 $855 2.42%
Forrest Hill $1,248,524 $726 3.03%
Glenfield $1,056,486 $645 3.18%
Greenhithe $1,316,500 $790 3.12%
Hillcrest $1,134,750 $696 3.19%
Mairangi Bay $1,207,125 $763 3.29%
Milford $1,195,333 $725 3.15%
Northcote $1,026,640 $664 3.36%
Northcross $1,192,000 $803 3.51%
Pinehill $1,013,333 $757 3.88%
Rothesay Bay $1,664,200 $762 2.38%
Sunnynook $1,223,273 $656 2.79%
Takapuna $1,468,857 $796 2.82%
Torbay $1,136,568 $689 3.15%
Totara Vale $968,000 $654 3.51%
Unsworth Heights $1,045,750 $675 3.36%

Pakuranga/Howick

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Botany Downs $1,342,667 $682 2.64%
Bucklands Beach $1,515,909 $691 2.37%
Burswood $1,073,667 $680 3.29%
Cockle Bay $1,293,167 $698 2.81%
Flat Bush $912,439 $690 3.93%
Half Moon Bay $1,096,915 $677 3.21%
Highland Park $1,070,689 $642 3.12%
Howick $1,181,269 $668 2.94%
Northpark $1,241,143 $702 2.94%
Pakuranga $950,849 $645 3.52%
Pakuranga Heights $1,050,000 $638 3.16%
Sunnyhills $1,510,333 $690 2.38%

Rodney

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Gulf Harbour $770,714 $651 4.39%
Helensville $954,714 $603 3.29%
Huapai $1,096,250 $689 3.27%
Kumeu $790,500 $640 4.21%
Manly $1,063,214 $660 3.23%
Orewa $1,142,778 $667 3.03%
Red Beach $1,022,667 $662 3.37%
Silverdale $1,191,000 $705 3.08%
Stanmore Bay $862,464 $626 3.77%
Warkworth $1,035,125 $630 3.17%

South Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Clendon Park $758,577 $585 4.01%
Clover Park $751,625 $613 4.24%
Conifer Grove $911,429 $601 3.43%
Drury $1,130,348 $684 3.15%
East Tamaki $1,083,600 $693 3.32%
Favona $835,800 $635 3.95%
Goodwood Heights $967,250 $678 3.65%
Karaka $1,043,400 $685 3.41%
Mangere $786,333 $601 3.97%
Mangere Bridge $927,153 $650 3.64%
Mangere East $846,095 $629 3.87%
Manurewa $985,475 $618 3.26%
Manurewa East $828,750 $625 3.92%
Opaheke $893,333 $607 3.53%
Otahuhu $749,786 $606 4.20%
Otara $734,273 $578 4.09%
Papakura $834,718 $621 3.87%
Papatoetoe $1,018,819 $639 3.26%
Randwick Park $744,268 $595 4.16%
Rosehill $755,296 $633 4.36%
Takanini $864,105 $639 3.84%
Totara Heights $872,892 $692 4.12%
Wattle Downs $911,400 $646 3.69%
Weymouth $1,376,950 $636 2.40%

West Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Avondale $929,922 $658 3.68%
Blockhouse Bay $1,177,896 $673 2.97%
Glen Eden $853,723 $601 3.66%
Glendene $839,167 $610 3.78%
Green Bay $1,041,500 $637 3.18%
Henderson $892,431 $600 3.50%
Hobsonville $1,378,571 $724 2.73%
Kelston $999,600 $611 3.18%
Laingholm $909,000 $621 3.55%
Massey $885,599 $612 3.59%
New Lynn $927,256 $619 3.47%
Ranui $791,591 $583 3.83%
Sunnyvale $813,563 $608 3.88%
Swanson $879,333 $654 3.87%
Te Atatu Peninsula $1,017,496 $633 3.24%
Te Atatu South $930,398 $619 3.46%
Titirangi $937,000 $637 3.54%
West Harbour $986,852 $624 3.29%
Westgate $890,273 $707 4.13%

Source: Barfoot & Thompson analysis of its tenancies as of 30 April 2024 and its sales over the last six months for three-bedroom properties. Gross yield calculated using average sales price and average rental per week for three-bedroom properties. Suburbs with less than four tenancies or four sales for three-bedroom properties with Barfoot & Thompson are not included. 

For more information contact a property manager or to find out how much rent you can achieve, ask for a rental appraisal.

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