A closer look at large rental properties

We look back over five years of our rental data to examine trends for properties with 4 or more bedrooms.

  • Properties with 4 or more bedrooms have continued to steadily increase in average rental returns.
  • Currently, Barfoot & Thompson manages 3,500 properties with 4 or more bedrooms, with an average rental price of $708. This has increased by $80 in the past 12 months.
  • Over the past 4 years, Barfoot & Thompson has seen an increase in the number of 4+ bedroom properties that we manage by more than 300 per annum. 
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  • Eastern and Central Suburbs remain the areas that command the highest average rental per week, while Franklin remains the lowest (for the Auckland region). 
  • Northland has an average weekly rental of $452.

Average rent for 4+ bedroom properties by region

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Area Average rent for 4+ bdrm properties
Central Auckland $637.50
Central Suburbs $839.88
Eastern Suburbs $914.05
Franklin / Manukau Rural $555.66 
North Shore $753.48
Pakuranga / Howick $693.22
Rodney $671.30
South Auckland $613.67
West Auckland $627.48
Northland $452.60
Average rent $708.69
  • Nearly a quarter of all rental properties that Barfoot & Thompson manage are 4+ bedroom properties. This has been increasing by about a percent per year for the past 4 years.
  • Central Auckland has very few 4+ rental properties (currently we only manage about 6), while areas further from the city have a higher proportion. Pakuranga / / Howick, Franklin / Manukau and Rodney all have around a third of their rentals as larger properties.
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