February 2016 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 in February 2016.

Compare to last month's figures

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

Please scroll data
Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Auckland average $847,289 $509 3.12%

Central Auckland

Please scroll data
Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Auckland Central $1,857,308 $856 2.40%

Central Suburbs

Please scroll data
Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Avondale $856,033 $464 2.82%
Blockhouse Bay $895,878 $479 2.78%
Epsom $1,521,442 $675 2.31%
Freemans Bay $1,512,500 $710 2.44%
Greenlane $1,120,700 $596 2.77%
Grey Lynn $1,262,523 $707 2.91%
Herne Bay $1,194,800 $786 3.42%
Hillsborough $975,750 $506 2.70%
Mt Albert $957,752 $517 2.81%
Mt Eden $1,359,587 $669 2.56%
Mt Roskill $955,354 $494 2.69%
New Windsor $922,623 $487 2.74%
One Tree Hill $1,039,167 $543 2.71%
Onehunga $955,192 $540 2.94%
Ponsonby $1,492,000 $804 2.80%
Royal Oak $1,250,643 $546 2.27%
Sandringham $1,076,967 $560 2.70%
Three Kings $865,750 $551 3.31%
Waterview $1,150,200 $573 2.59%
Westmere $1,436,000 $720 2.61%

Eastern Suburbs

Please scroll data
Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Ellerslie $907,132 $543 3.11%
Glen Innes $895,344 $534 3.10%
Glendowie $1,292,375 $627 2.52%
Kohimarama $1,527,583 $656 2.23%
Meadowbank $1,047,692 $598 2.97%
Mission Bay $1,101,400 $726 3.43%
Mt Wellington $743,052 $489 3.42%
Orakei $2,465,333 $652 1.37%
Panmure $864,083 $490 2.95%
Parnell $1,191,929 $754 3.29%
Point England $975,860 $524 2.79%
Remuera $1,338,319 $689 2.68%
St Heliers $1,569,421 $709 2.35%
St Johns $1,051,100 $571 2.82%

Franklin/Manukau Rural

Please scroll data
Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Clevedon $1,497,250 $415 1.44%
Pokeno $792,500 $393 2.58%
Pukekohe $634,670 $411 3.37%
Tuakau $477,118 $374 4.07%
Waiuku $531,758 $383 3.75%

North Shore

Please scroll data
Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Albany $758,915 $557 3.82%
Beach Haven $740,318 $480 3.37%
Birkdale $737,097 $473 3.34%
Birkenhead $1,042,865 $539 2.69%
Browns Bay $854,775 $549 3.34%
Castor Bay $1,303,667 $607 2.42%
Devonport $1,242,309 $652 2.73%
Forrest Hill $1,001,011 $552 2.87%
Glenfield $758,165 $487 3.34%
Greenhithe $894,000 $565 3.29%
Mairangi Bay $1,093,944 $570 2.71%
Milford $1,195,083 $617 2.68%
Murrays Bay $1,091,250 $550 2.62%
Northcote Point $1,198,200 $701 3.04%
Rothesay Bay $1,013,833 $608 3.12%
Sunnynook $924,609 $522 2.94%
Takapuna $1,287,160 $627 2.53%
Torbay $846,790 $544 3.34%

Pakuranga/Howick

Please scroll data
Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Beachlands $885,375 $481 2.82%
Bucklands Beach $889,222 $488 2.85%
Dannemora $819,244 $567 3.60%
Highland Park $807,000 $496 3.20%
Howick $853,254 $512 3.12%
Northpark $952,000 $541 2.96%
Pakuranga $869,323 $473 2.83%

Rodney

Please scroll data
Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Arkles Bay $729,857 $499 3.55%
Army Bay $843,900 $482 2.97%
Gulf Harbour $627,168 $481 3.99%
Helensville $653,222 $413 3.29%
Manly $752,824 $491 3.39%
Orewa $814,913 $520 3.32%
Red Beach $802,222 $502 3.25%
Stanmore Bay $641,521 $477 3.87%
Waimauku $1,059,883 $462 2.27%
Warkworth $776,396 $461 3.09%

South Auckland

Please scroll data
Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Clendon Park $496,674 $422 4.41%
Conifer Grove $671,000 $468 3.63%
Favona $662,833 $414 3.24%
Flat Bush $684,081 $501 3.81%
Goodwood Heights $721,583 $518 3.74%
Mangere $555,977 $448 4.19%
Mangere Bridge $1,049,643 $434 2.15%
Manukau Central $597,357 $425 3.70%
Manurewa $563,348 $422 3.89%
Otahuhu $597,114 $433 3.77%
Otara $495,273 $421 4.42%
Papakura $575,139 $422 3.82%
Papatoetoe $670,916 $451 3.50%
Takanini $654,889 $460 3.66%
Wattle Downs $639,474 $487 3.96%
Weymouth $520,545 $444 4.44%

West Auckland

Please scroll data
Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Glen Eden $640,840 $433 3.51%
Glendene $721,158 $445 3.21%
Green Bay $919,667 $463 2.62%
Henderson $660,123 $459 3.61%
Hobsonville $1,050,222 $546 2.70%
Kelston $637,731 $436 3.56%
Massey $660,348 $449 3.54%
New Lynn $756,818 $456 3.13%
Ranui $605,882 $431 3.70%
Royal Heights $705,700 $483 3.56%
Sunnyvale $701,313 $449 3.33%
Swanson $797,143 $441 2.87%
Te Atatu South $728,312 $500 3.57%
Te Atatu Peninsula $775,924 $484 3.24%
Te Atatu South $728,312 $462 3.30%
Titirangi $780,575 $516 3.44%
West Harbour $886,710 $482 2.83%
Whenuapai $1,406,500 $514 1.90%

Source: Barfoot & Thompson analysis of its new and current tenancies as at 1 March 2016 and its sales over the last six months to beginning of March 2016 for three bedroom properties. 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. Excludes Northland and Commercial. Three bedroom homes were chosen for the analysis as they represent the sized house most commonly bought and sold.

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

Not subscribed to our landlords' newsletter, the Property Management Insider? Sign up now