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March 2017 rental report

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

  • Average rent is up 4.6% over the same quarter last year. It was $508 in Q1, now at $533. 
  • City Centre and Wattle Downs are consistently the suburbs with the highest gross yield at over 4%.
  • There has been a sharp rise in average rent for one bedroom properties in Franklin this past quarter, with average rent going up by $27. 
  • Central Suburbs has surpassed an average rent of $1000 per week for 5+ bedroom properties. Eastern Suburbs reached this milestone in September 2014. 

Average weekly rent received across Auckland

Please scroll data
Number of bedrooms
1 2  3  4  5+ 
Central Auckland $380 $551 $922 $570 $669
Central Suburbs $357 $470 $601 $786 $1,018
Eastern Suburbs $363 $480 $641 $840 $1,135
Franklin/Manukau Rural $308 $349 $425 $532 $637
North Shore $369 $455 $568 $712 $855
Pakuranga/Howick $313 $430 $535 $660 $795
Rodney $328 $409 $506 $636 $765
South Auckland $304 $384 $473 $570 $689
West Auckland $312 $402 $483 $588 $727
Auckland average $350 $444 $533 $669 $834

Number of rental properties by number of rooms

Please scroll data
Number of bedrooms
1  2  3  4  5+ 
Central Auckland 379 216 23 2 4
Central Suburbs 391 981 1018 449 119
Eastern Suburbs 174 522 598 246 85
Franklin/Manukau Rural 60 141 415 251 40
North Shore 91 563 910 480 158
Pakuranga/Howick 20 191 446 295 105
Rodney 60 201 425 251 63
South Auckland 190 603 1235 483 179
West Auckland 119 367 961 282 76
Grand total 1484 3785 6031 2739 829

Source: Barfoot & Thompson average tenancies as at 1 April 2017 and Barfoot & Thompson average sales over the last six months to beginning April 2017 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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