May 2016 rental report

Find out how the average rent for different-sized Auckland properties has changed over the past year.

Compared to May 2015, the average weekly rent for one bedroom properties has risen by 5.3% (from $319 to $336), two bedroom by 6.2% (from $403 to $428), three bedroom by 5.3% (from $489 to $515), four bedroom by 4% (from $623 to $648) and five or more bedroom by 4.8% (from $763 to $800).

Average weekly rent received across Auckland

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                                                                Number of bedrooms 
1 2 3 5+ 
Central Auckland $371 $543 $890  -  -
Central Suburbs $334 $452 $583 $753 $963
Eastern Suburbs $340 $462 $618 $811 $1,101
Franklin/Manukau Rural $277 $331 $411 $517 $661
North Shore $360 $440 $551 $694 $816
Pakuranga/Howick $316 $416 $517 $642 $759
Rodney $321 $397 $485 $616 $727
South Auckland $297 $367 $450 $549 $669
West Auckland $295 $384 $466 $565 $713
Auckland average $336 $428 $515 $648 $800

Number of rental properties by number of rooms

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Number of bedrooms
1 2 3 4 5+
Central Auckland 332 198 21 1 2
Central Suburbs 350 948 991 405 99
Eastern Suburbs 167 484 569 247 76
Franklin/Manukau Rural 25 134 380 232 36
North Shore 82 550 871 435 143
Pakuranga/Howick 21 178 419 284 103
Rodney 55 173 363 226 49
South Auckland 176 570 1,079 415 170
West Auckland 113 330 945 262 74
Total 1,309 3,547 5,568 2,462 750

Source: Barfoot & Thompson new and current tenancies as at 1 June 2016 compared to new and current tenancies as at 1 June 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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