February 2019 Rental report

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

  • Average rent in Auckland has increased $20 per week or 3.6% in the 12 months to 28 Feb 2019.
  • The Franklin/Manukau region has seen the strongest growth in rents up 4.9% while the other focus areas have seen growth between 3.2% and 3.9%.
  • Increase in rent for two bedroom properties also continue to outperform other property sizes. 

Average weekly rent received across Auckland

Please scroll data
Number of bedrooms
5+ 
Central Auckland $411 $608 $1,100 $640 $892
Central Suburbs $384 $510 $648 $814 $1,068
Eastern Suburbs $388 $525 $679 $903 $1,114
Franklin/Manukau Rural $315 $376 $455 $566 $660
North Shore $399 $489 $608 $746 $913
Pakuranga/Howick $354 $461 $568 $687 $807
Rodney $360 $449 $546 $668 $824
South Auckland $315 $418 $506 $607 $734
West Auckland $332 $437 $519 $628 $758
Auckland average $375 $481 $569 $701 $872

Number of rental properties by number of rooms

Please scroll data
Number of bedrooms
1 2 3 4 5+
Central Auckland 385 263 32 2 3
Central Suburbs 404 1,056 1,132 496 162
Eastern Suburbs 204 595 673 328 93
Franklin/Manukau Rural 66 181 600 395 54
North Shore 100 556 956 500 188
Pakuranga/Howick 25 211 497 321 110
Rodney 59 243 490 278 88
South Auckland 200 679 1,291 530 199
West Auckland 108 424 1,077 377 107
Grand total 1,551 4,208 6,748 3,227 1,004

Source: Barfoot & Thompson analysis of its tenancies as at 28 Feb 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.

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