September 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 September 2018.

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

Please scroll data

Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Auckland average $896,319 $561 3.27%

Central Auckland

Please scroll data
Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Auckland Central  $1,026,875 $1,134 5.77%%

Central Suburbs

Please scroll data
Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Avondale $760,355 $535 3.68%
Blockhouse Bay $949,588 $541 2.97%
Epsom $1,649,300 $728 2.31%
Greenlane $1,267,083 $649 2.68%
Grey Lynn $1,595,842 $771 2.52%
Hillsborough $896,409 $558 3.25%
Lynfield $976,600 $561 3.00%
Mt Albert $1,012,231 $581 3.00%
Mt Eden $1,481,918 $743 2.62%
Mt Roskill $914,800 $556 3.17%
New Windsor $936,545 $557 3.11%
One Tree Hill $890,933 $614 3.60%
Onehunga $884,030 $597 3.53%
Ponsonby $1,834,400 $854 2.43%
Royal Oak $1,217,971 $622 2.67%
Sandringham $1,294,200 $620 2.50%
Three Kings $1,115.002 $665 3.11%
Westmere  $2,100,000 $774 1.92%

Eastern Suburbs

Please scroll data
Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Ellerslie $921,333 $618 3.51%
Glen Innes $1,038,250 $565 2.84%
Glendowie $1,519,233 $700 2.41%
Kohimarama $1,554,286 $860 2.89%
Mission Bay  $1,500,500 $768 2.67%
Mt Wellington $1,041,452 $557 2.80%
Orakei  $1,490,500 $807 2.83%
Panmure $903,500 $540 3.12%
Parnell $1,571,571 $797 2.65%
Point England $869,208 $565 3.40%
Remuera $1,456,722 $750 2.69%
St Heliers $1,433,263 $779 2.84%
St Johns $1,106,000 $601 2.84%
Stonefields  $1,178,750 $792 3.51%

Franklin/Manukau Rural

Please scroll data
Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Clarks Beach  $1,004,722 $553 2.87%
Glenbrook  $985,000 $585 3.10%
Pokeno  $745,000 $511 3.58%
Pukekohe $642,375 $447 3.64%
Tuakau $570,563 $415 3.80%
Waiuku $674,217 $451 3.49%

North Shore

Please scroll data
Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Albany $818,079 $609 3.89%
Bayswater $1,263,500 $658 2.72%
Beach Haven $802,393 $536 3.49%
Birkdale $776,521 $526 3.54%
Birkenhead $945,267 $585 3.24%
Browns Bay $977,000 $571 3.05%
Devonport $1,496,559 $747 2.61%
Forrest Hill $1,167,253 $605 2.71%
Glenfield $813,001 $544 3.50%
Greenhithe  $1,311,250 $688 2.74%
Mairangi Bay $1,089,286 $645 3.09%
Milford $1,312,000 $646 2.57%
Sunnynook $912,091 $562 3.22%
Takapuna $1,222,050 $670 2.87%
Torbay $895,471 $568 3.32%

Pakuranga/Howick

Please scroll data
Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Beachlands $985,875 $604 3.20%
Bucklands Beach $1,064,667 $554 2.72%
Cockle Bay  $1,041,875 $621 3.11%
Dannemora $1,000,167 $610 3.19%
Highland Park $862,750 $537 3.25%
Howick $955,179 $557 3.05%
Maraetai $1,129,375 $527 2.44%
Northpark $971,000 $586 3.15%
Pakuranga $878,727 $517 3.07%

Rodney

Please scroll data
Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Gulf Harbour $803,633 $524 3.41%
Helensville $904,700 $471 2.72%
Kaukapakapa $971,250 $505 2.72%
Manly $960,111 $546 2.97%
Orewa $902,446 $562 3.25%
Red Beach $901,250 $556 3.22%
Silverdale - Whangaparaoa $899,000 $629 3.66%
Stanmore Bay $724,391 $518 3.73%
Waimauku $1,373,750 $549 2.09%
Warkworth $1,006,667 $527 2.73%
Wellsford $626,143 $397 3.31%

South Auckland

Please scroll data
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

Please scroll data
Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Glen Eden $698,341 $490 3.67%
Glendene $688,692 $502 3.81%
Green Bay $886,200 $536 3.16%
Henderson $696,025 $503 3.77%
Hobsonville $1,249,808 $639 2.67%
Kelston $723,154 $489 3.53%
Massey $729,705 $488 3.50%
New Lynn $762,768 $507 3.47%
Ranui $668,667 $471 3.68%
Royal Heights $726,511 $509 3.66%
Sunnyvale $696,805 $501 3.76%
Swanson $741,800 $513 3.61%
Te Atatu Peninsula $841,363 $532 3.30%
Te Atatu South $753,920 $514 3.56%
Titirangi $819,406 $568 3.62%
West Harbour $868,300 $539 3.24%
Whenuapai $1,413,000 $558 2.06%

Source: Barfoot & Thompson analysis of its tenancies as at 1 October 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.

Not subscribed to our landlords' newsletter, the Property Management Insider? Sign up now