A closer look at the average tenancy in Auckland

Across all Auckland regions, we have seen a steady increase in the average length of tenancy, with Central Auckland and Franklin/Manukau seeing the most stability.

  • Paerata, north of Pukekohe has consistently had the most stable rental tenancies throughout the past five years with a peak in 2012 and 2013 (where average tenancy length was five years)
  • Weymouth, Manukau, Waterview, Coatesville, Wattle Downs and Waiwera have currently all doubled their length of tenancy compared with June 2011
  • Across all of Auckland, there has been an increase of tenancy length of 2% from June 2011
  • City Centre, Pukekohe, Manurewa, Papatoetoe, Mt Eden, Epsom and Henderson all have greater than 300 rental properties as at June 2016
  • Many of the suburbs are relatively new or rapidly expanding suburbs. Their lower average tenancy lengths are expected to settle over time
  • Over the past five years, both Central Auckland and Franklin/Manukau have seen the greatest increase in tenancy stability, with both regions rising over five months
  • With more people entering and staying in the rental market, we are also seeing a wider variety of tenants - ranging from young flatters, to working professionals and families - looking for stability and a home.

*Source: Barfoot & Thompson analysis of its tenancies as at 30 June 2016. Suburbs with less than ten tenancies with Barfoot & Thompson not included in the suburb breakdown but were included in the region breakdown.

Most stable suburbs in Auckland (with an average tenancy of over 30 months) as of June 2016

Chart showing Auckland