April 2019 Rental report

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

  • The average rent for a property with 5 or more bedrooms continues to rise more slowly than other bedroom sizes, only increasing 0.4% (or $3) in the past 12 months.
  • Rent for two properties continues to outperform the other bedroom sizes, increasing 4.3% ($20)  in the past year.
  • Franklin/Manukau is the only region with the average rent of a three bedroom property is less than $500

Average weekly rent received across Auckland

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Number of bedrooms
5+ 
Central Auckland $412 $612 $1,090 $640 $892
Central Suburbs $387 $512 $649 $818 $1,063
Eastern Suburbs $392 $524 $683 $892 $1,086
Franklin/Manukau Rural $318 $380 $457 $564 $675
North Shore $398 $492 $609 $749 $903
Pakuranga/Howick $358 $465 $571 $687 $801
Rodney $356 $453 $547 $672 $826
South Auckland $317 $420 $509 $616 $736
West Auckland $335 $436 $522 $634 $762
Auckland average $377 $483 $572 $702 $865

Number of rental properties by number of rooms

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Number of bedrooms
1 2 3 4 5+
Central Auckland 379 249 33 2 3
Central Suburbs 397 1,023 1,090 474 151
Eastern Suburbs 201 586 657 296 94
Franklin/Manukau Rural 63 175 583 379 54
North Shore 91 545 926 482 180
Pakuranga/Howick 24 224 510 345 113
Rodney 57 247 477 264 87
South Auckland 196 680 1,236 509 203
West Auckland 104 411 1,043 359 104
Grand total 1,512 4,140 6,555 3,110 989

Source: Barfoot & Thompson analysis of its tenancies as at April 2019 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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