October 2018 suburb report: rent, house prices and yield

See a breakdown of average house prices, average weekly rent and gross yield for three bedroom properties across Auckland in October 2018.

Compare to last month's figures

For more information contact a property manager or to find out how much rent you can achieve, ask for a rental appraisal.

Suburb breakdown

Auckland average

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Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Auckland average $901,395 $563 3.26%

Central Auckland

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Auckland Central  $1,066,889 $1,117 5.47%

Central Suburbs

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Avondale $774,710 $537 3.62%
Blockhouse Bay $956,599 $542 2.96%
Epsom $1,687,964 $728 2.25%
Freemans Bay $1,230,500 $862 3.66%
Greenlane $1,111,706 $654 3.08%
Grey Lynn $1,595,842 $772 2.53%
Hillsborough $902,708 $547 3.17%
Lynfield $904,300 $559 3.23%
Mt Albert $1,041,357 $581 2.92%
Mt Eden $1,483,850 $747 2.63%
Mt Roskill $902,985 $556 3.22%
New Windsor $933,500 $558 3.12%
One Tree Hill $957,075 $614 3.35%
Onehunga $870,812 $606 3.63%
Ponsonby $1,992,714 $866 2.27%
Royal Oak $1,193,755 $622 2.72%
Sandringham $1,286,917 $620 2.52%
Three Kings $1,115,002 $616 2.89%
Westmere  $2,100,000 $792 1.97%

Eastern Suburbs

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Ellerslie $958,400 $619 3.37%
Glen Innes $1,060,196 $569 2.80%
Glendowie $1,479,343 $704 2.49%
Kohimarama $1,529,375 $874 2.99%
Mission Bay  $1,726,400 $768 2.32%
Mt Wellington $981,498 $549 2.92%
Orakei  $1,490,500 $791 2.77%
Panmure $903,500 $547 3.16%
Parnell $1,333,455 $824 3.23%
Point England $869,208 $565 3.40%
Remuera $1,494,984 $751 2.62%
St Heliers $1,463,591 $781 2.79%
St Johns $1,098,333 $603 2.87%
Stonefields  $1,178,750 $793 3.52%

Franklin/Manukau Rural

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Clarks Beach  $1,004,722 $550 2.86%
Glenbrook  $985,000 $585 3.10%
Pokeno  $702,833 $516 3.84%
Pukekohe $651,402 $447 3.58%
Tuakau $588,737 $415 3.68%
Waiuku $676,143 $456 3.53%

North Shore

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Albany $827,548 $612 3.86%
Bayswater $1,263,500 $678 2.80%
Beach Haven $792,550 $535 3.53%
Birkdale $774,653 $527 3.55%
Birkenhead $945,267 $592 3.27%
Browns Bay $962,235 $571 3.10%
Devonport $1,496,559 $746 2.61%
Forrest Hill $1,138,042 $605 2.78%
Glenfield $819,266 $548 3.50%
Greenhithe  $1,192,400 $672 2.95%
Mairangi Bay $1,099,000 $647 3.07%
Milford $1,309,167 $649 2.59%
 Murrays Bay $1,264,800 $622 2.57%
Sunnynook $900,308 $571 3.31%
Takapuna $1,302,125 $673 2.70%
Torbay $907,095 $575 3.31%

Pakuranga/Howick

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Beachlands $985,875 $603 3.19%
Bucklands Beach $1,064,667 $557 2.73%
Cockle Bay  $1,041,875 $621 3.11%
Dannemora $1,000,167 $615 3.21%
 Half Moon Bay $975,000 $566 3.03%
Highland Park $862,750 $542 3.28%
Howick $965,788 $558 3.02%
Maraetai $1,129,375 $519 2.40%
Northpark $988,333 $588 3.11%
Pakuranga $918,800 $518 2.94%

Rodney

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
 Arkles Bay $876,000.00 $529.29 3.16%
Army Bay $742,900.00 $566.67 3.99%
Gulf Harbour $803,633.33 $522.08 3.39%
Helensville $904,700.00 $471.33 2.72%
Kaukapakapa $971,250 $512.50 2.76%
Manly $960,111.11 $545.17 2.97%
Orewa $903,968.75 $564.15 3.26%
Red Beach $826,937.50 $557.22 3.52%
Silverdale - Whangaparaoa $899,000 $600.59 3.49%
Stanmore Bay $714,433.33 $518.18 3.79%
Waimauku $1,374,000.00 $549.00 2.09%
Warkworth $953,000.00 $527.09 2.89%
Wellsford $626,142.86 $384.44 3.21%

South Auckland

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Clendon Park $565,667 $486 4.49%
Conifer Grove $700,600 $542 4.04%
Favona $720,200 $494 3,59%
Flat Bush $756,500 $552 3.81%
Mangere $640,907 $501 4.08%
Mangere Bridge $919,278 $517 2.94%
Manurewa $621,039 $480 4.04%
Otahuhu $652,840 $490 3.92%
Otara $514,678 $482 4.89%
Papakura $613,272 $474 4.04%
Papatoetoe $757,450 $515 3.55%
Takanini $675,973 $512 3.96%
The Gardens  $950,660 $607 3.34%
Wattle Downs $735,663 $533 3.78%
Weymouth $631,818 $481 3.97%

West Auckland

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Glen Eden $692,898 $492 3.71%
Glendene $708,433 $502 3.70%
Green Bay $910,600 $537 3.08%
Henderson $703,247 $506 3,76%
Hobsonville $1,228,393 $639 2.72%
Kelston $722,184 $514 3.72%
Massey $735,144 $494 3.51%
New Lynn $769,725 $510 3.46%
Ranui $673,950 $475 3.68%
Royal Heights $726,511 $509 3.66%
Sunnyvale $696,805 $502 3.76%
Swanson $737,750 $513 3.63%
Te Atatu Peninsula $847,177 $531 3.28%
Te Atatu South $751,459 $519 3.61%
Titirangi $835,912 $567 3.54%
West Harbour $874,382 $542 3.24%
Whenuapai $1,413,000 $561 2.08%

Source: Barfoot & Thompson analysis of its tenancies as at 1 November 2018 and its sales over the last six months for three bedroom properties. Gross yield calculated using 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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