Rental hot spots

View the growth trends and rental hot spots across Auckland and Northland over the past five years.

  • Weekly rentals have a much more predictable increase from year to year than property sales, however some areas have a much greater return than others.
  • Over the past 5 years, Northland has seen the greatest increase in weekly rentals, with the majority in the past 3 years. 
  • Between 2013 and 2015, the central city apartment market saw falling prices, but have rebounded since. 
  • All of the areas that have seen the larger increases are areas with typically lower per-week rents.
  • Central Auckland (with the lowest increase in the 5 year period) is also the highest price area for weekly rents, with average rent at $942 for a three bedroom property. 
graph
Chart