November 2018 rental report

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

  • Rents in the greater Auckland region have increased by 3.3% in the last year. 
  • Rents in Franklin Manukau have increased 4.4%, while those in Rodney are up 2%.
  • 5+ bedroom properties in Pakuranga/Howick have increased the most, up by 6%.

Average weekly rent received across Auckland

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Number of bedrooms
5+ 
Central Auckland $409 $581 $1,093 $590 $892
Central Suburbs $376 $507 $645 $813 $1,050
Eastern Suburbs $385 $518 $677 $907 $1,104
Franklin/Manukau Rural $313 $372 $451 $563 $641
North Shore $401 $485 $600 $744 $902
Pakuranga/Howick $345 $458 $563 $681 $806
Rodney $354 $442 $539 $663 $799
South Auckland $309 $415 $503 $606 $730
West Auckland $329 $431 $516 $624 $755
Auckland average $371 $475 $565 $699 $861

Number of rental properties by number of rooms

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Number of bedrooms
1 2 3 4 5+
Central Auckland 379 250 27 2 3
Central Suburbs 407 1,061 1,122 491 163
Eastern Suburbs 200 592 679 321 89
Franklin/Manukau Rural 69 184 606 397 55
North Shore 97 563 968 504 197
Pakuranga/Howick 23 209 496 323 114
Rodney 58 244 488 277 86
South Auckland 201 688 1,283 519 199
West Auckland 111 420 1,083 368 103
Grand total 1,545 4,211 6,752 3,202 1,009

Source: Barfoot & Thompson analysis of its tenancies as at 1 Dec 2018 and its sales over the last six months for three bedroom properties. Gross yield is calculated using the average sales price and average rental per week for three bedroom properties. Suburbs with less than four tenancies or four sales for three bedroom properties with Barfoot & Thompson are not included. 

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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