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February 2016 rental report

Find out how the average rent for Auckland properties has changed over the past year and which areas are performing the best.

Compared to February 2015, the average weekly rent for one bedroom properties has risen by 4.8% (from $315 to $330), two bedroom by 6.3% (from $395 to $420), three bedroom by 5.6% (from $482 to $509), four bedroom by 5.1% (from $610 to $641) and five or more bedroom by 5.8% (from $756 to $800).

Franklin/Manukau continues to increase at a faster rate than the rest of Auckland. Over the past 12 months, rental prices there have increased by 8.5%.

Across all of our rental properties in Auckland, we saw a 6.3% increase over the past 12 months, with a 0.3% increase in the past month.

Average weekly rent received across Auckland

Please scroll data
Number of bedrooms
1 2 3 4 5+
Central Auckland $368 $525 $856 --
Central Suburbs $326 $444 $580 $752 $951
Eastern Suburbs $334 $459 $608 $788 $1,112
Franklin/Manukau Rural $281 $323 $406 $513 $659
North Shore $354 $432 $544 $689 $807
Pakuranga/Howick $304 $409 $509 $631 $761
Rodney $311 $388 $481 $600 $772
South Auckland $290 $358 $441 $541 $665
West Auckland $293 $377 $460 $563 $708
Auckland average $330 $420 $509 $641 $800

Number of rental properties by number of rooms

Please scroll data
Number of bedrooms
1 2 3 4 5+
Central Auckland 330 206 23 1 2
Central Suburbs 365 937 979 398 97
Eastern Suburbs 166 477 565 243 73
Franklin/Manukau Rural 27 134 365 220 31
North Shore 83 544 856 426 143
Pakuranga/Howick 19 169 404 287 97
Rodney 49 181 369 217 44
South Auckland 170 555 1,050 392 166
West Auckland 105 334 931 256 71
Total 1,314 3,537 5,542 2,440 724

Source: Barfoot & Thompson new and current tenancies as at 1 March 2016 compared to new and current tenancies as at 1 March 2015. Excludes Northland and Commercial. Suburbs with less than four tenancies 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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