March 2024 Rental report

The average rent for different-sized Auckland properties for March 2024.

Average weekly rent received across Auckland

Number of bedrooms  1 2 3 4 5+
Central Auckland $ 461 $ 651 $ 923 $ 945 $ 1,225
Central Auckland East $ 501 $ 612 $ 801 $ 944 $ 1,315
Central Auckland West $ 444 $ 574 $ 718 $ 927 $ 1,178
Eastern Suburbs $ 452 $ 605 $ 768 $ 977 $ 1,218
Franklin/Manukau Rural $ 390 $ 477 $ 573 $ 678 $ 796
North Shore $ 468 $ 569 $ 698 $ 850 $ 1,031
Pakuranga/Howick $ 447 $ 561 $ 675 $ 819 $ 990
Rodney $ 414 $ 546 $ 646 $ 787 $ 914
South Auckland $ 382 $ 501 $ 624 $ 738 $ 851
West Auckland $ 417 $ 537 $ 625 $ 752 $ 913
Islands of the Gulf     $ 1,100    
Average $ 445 $ 566 $ 673 $ 820 $ 1,005

Number of rental properties by number of rooms

Number of bedrooms 1 2 3 4 5+
Central Auckland 548 418 73 8 2
Central Auckland West 98 268 233 81 27
Central Auckland East 271 703 713 388 121
Eastern Suburbs 231 634 716 374 99
Franklin/Manukau Rural 34 174 500 319 55
North Shore 133 638 958 540 150
Pakuranga/Howick 27 292 650 488 234
Rodney 55 317 450 356 93
South Auckland 173 598 1,056 462 127
West Auckland 133 632 1,204 470 124
Islands of the Gulf        
Total 1,703 4,674 6,554 3,486 1,032

 

Source: Barfoot & Thompson analysis of its tenancies as of 31 March 2024 and its sales over the last six months for three-bedroom properties. Gross yield is calculated using the 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.

Disclaimer: This report is intended for general information purposes only. This report and the information contained herein is under no circumstances intended to be used or considered as legal, financial or investment advice. Barfoot & Thompson does not warrant the accuracy, reliability or completeness of the information provided in this report and does not accept liability for any omissions, inaccuracies or losses incurred, either directly or indirectly, by any person arising from or in connection with the supply, use or misuse of the whole or any part of this report. When referring to this report or any information contained herein, you must cite Barfoot & Thompson as the source of the information. Barfoot & Thompson reserves the right to request that you immediately withdraw from publication any document that fails to cite Barfoot & Thompson as the source. Except as expressly contemplated, you must not copy, reproduce, modify, or distribute any of the contents of the report without the prior written permission of Barfoot & Thompson.

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