November 2016 rental report

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

  • The average rent for a three bedroom property is $525, and the gross yield is 2.92%. 
  • Gross yield for 3 bedroom properties tops 4% in Central Auckland, Clendon Park, Otara and Wattle Downs. 
  • Rental price rises in Auckland have slowed down since June this year, with annual price increases at just over 4%. 
  • Large properties in Franklin/Manukau Rural with 5+ bedrooms have continued to drop in average rent this month, while 1 and 2 bedroom homes are still going up by almost 9% on last year.
  • South Auckland 4 bedroom property rents have risen 90% more than the Auckland average rise of 4.3%, and 3 bedroom properties have risen 70% more. However, they still remain lower than most other areas. 

Average weekly rent received across Auckland

Please scroll data
Number of bedrooms
  1   5+ 
Central Auckland $372 $540 $863 $570 $376
Central Suburbs $350 $462 $592 $768 $983
Eastern Suburbs $353 $472 $631 $818 $1,110
Franklin/Manukau Rural $302 $341 $420 $525 $612
North Shore $364 $447 $559 $703 $848
Pakuranga/Howick $314 $427 $528 $647 $769
Rodney $323 $404 $497 $628 $755
South Auckland $304 $380 $467 $566 $681
West Auckland $304 $393 $474 $576 $725
Auckland average $343 $437 $525 $658 $815

Number of rental properties by number of rooms

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Number of bedrooms
  5+ 
Central Auckland 366 215 22 2 6
Central Suburbs 382 960 1,002 432 112
Eastern Suburbs 174 516 591 243 83
Franklin/Manukau Rural 62 139 411 246 43
North Shore 83 553 909 460 156
Pakuranga/Howick 22 188 448 290 105
Rodney 55 187 407 230 58
South Auckland 190 576 1,184 448 167
West Auckland 115 341 953 270 72
Grand total 1,449 3,675 5,927 2,621 802

Source: Barfoot & Thompson average tenancies as at 1 December 2016 and Barfoot & Thompson average sales over the last six months to beginning December 2016 for three bedroom properties in Auckland. Yield calculated using average sale price and average rental per week.

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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