May 2017 rental report

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

  • Average rental has increased in the past 12 months by $25, a percentage increase of 4.9%.
  • South Auckland has shown the greatest overall increase in the past 12 months with a percentage increase of 6.2%. The majority of this increase has come from three bedroom properties, which has increased by 7.0%.
  • Franklin / Manukau Rural still remains the cheapest of the areas we analyse, with a three bedroom property having an average of $426. Over the past few months, this area has been increasing at a greater rate than the other areas, though this month has slowed. 

Average weekly rent received across Auckland

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Number of bedrooms
5+ 
Central Auckland $379 $557 $929 $570 $671
Central Suburbs $363 $474 $606 $785 $1,021
Eastern Suburbs $366 $483 $652 $847 $1,120
Franklin/Manukau Rural $310 $350 $426 $537 $630
North Shore $372 $456 $570 $714 $846
Pakuranga/Howick $318 $434 $535 $661 $768
Rodney $333 $413 $512 $636 $776
South Auckland $303 $388 $479 $576 $699
West Auckland $315 $407 $488 $594 $730
Auckland average $353 $447 $537 $673 $830

Number of rental properties by number of rooms

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Number of bedrooms
3 5+ 
Central Auckland 381 216 23 2 4
Central Suburbs 387 979 1,030 466 126
Eastern Suburbs 168 527 596 261 81
Franklin/Manukau Rural 59 142 427 260 40
North Shore 91 573 906 481 162
Pakuranga/Howick 20 196 451 304 107
Rodney 54 203 418 248 64
South Auckland 191 621 1,264 482 179
West Auckland 120 375 964 286 79
Grand total 1,471 3,832 6,079 2,790 842

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