February 2021 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.

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  $1,164,461 $602 2.70%

Central Auckland

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
City Centre $2,141,111 $1,021 2.49%

Central Suburbs

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Avondale $1,099,314 $578 2.75%
Blockhouse Bay $1,091,262 $577 2.76%
Epsom $1,676,565 $814 2.54%
Greenlane $1,395,833 $688 2.57%
Grey Lynn $1,901,133 $784 2.16%
Hillsborough $1,213,157 $592 2.55%
Lynfield $1,315,429 $592 2.35%
Mt Albert $1,510,019 $620 2.14%
Mt Eden $1,578,729 $732 2.42%
Mt Roskill $1,127,523 $586 2.72%
New Windsor $1,202,592 $584 2.54%
Newmarket  $1,176,000 $827 3.67%
One Tree Hill $1,651,143 $651 2.06%
Onehunga $1,239,207 $632 2.67%
Ponsonby $1,903,889 $1,015 2.79%
Pt. Chevalier   $1,958,858 $760 2.03%
Royal Oak $1,776,750 $667 1.96%
Sandringham $1,512,000 $651 2.25%
Three Kings  $1,529,000 $661 2.26%
Westmere $2,123,000 $894 2.20%

Eastern Suburbs

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Ellerslie $1,361,000 $677 2.60%
Glen Innes  $1,324,833 $606 2.39%
Glendowie $1,748,750 $772 2.31%
Kohimarama  $1,772,143 $918 2.71%
Meadowbank $1,449,286 $720 2.60%
Mission Bay  $1,893,455 $790 2.18%
Mt Wellington $1,030,951 $598 3.03%
Panmure $1,224,184 $592 2.53%
Parnell $1,703,100 $853 2.62%
Remuera $1,919,969 $805 2.19%
St Heliers $1,866,818 $779 2.18%
St Johns  $1,535,548 $702 2.39%

Franklin/Manukau Rural

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Karaka  $710,875 $623 4.58%
Pokeno  $1,128,750 $540 2.50%
Pukekohe $714,060 $489 3.58%
Tuakau $674,781 $462 3.58%
Waiuku $728,688 $479 3.43%

North Shore

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Albany  $981,178 $627 3.34%
Bayview $992,818 $580 3.05%
Beach Haven $988,656 $568 3.00%
Belmont $1,602,600 $705 2.30%
Birkdale $905,786 $565 3.26%
Birkenhead $1,104,292 $637 3.01%
Browns Bay $1,004,817 $622 3.23%
Castor Bay  $1,326,286 $677 2.67%
Dairy Flat $1,657,013 $680 2.14%
Devonport $1,760,567 $789 2.34%
Forrest Hill $1,127,524 $646 2.99%
Glenfield $1,080,827 $585 2.83%
Greenhithe  $1,383,125 $756 2.86%
Hillcrest  $1,268,919 $614 2.53%
Mairangi Bay $1,401,133 $683 2.55%
Milford $1,862,000 $696 1.95%
Murray's Bay $1,395,857 $651 2.44%
Northcote  $1,620,625 $608 1.96%
Rothesay Bay  $1,771,250 $695 2.05%
Sunnynook $1,304,385 $612 2.45%
Takapuna $1,381,071 $713 2.70%
Torbay $1,064,523 $616 3.02%
Totara Vale $919,985 $595 3.38%
Unsworth Heights $1,101,500 $606 2.87%

Pakuranga/Howick

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Beachlands  $1,061,000 $626 3.09%
Botany Downs $1,171,833 $602 2.68%
Bucklands Beach $1,327,462 $604 2.38%
Dannemora $1,246,333 $654 2.74%
Half Moon Bay $1,518,727 $584 2.01%
Highland Park $1,161,318 $582 2.62%
Howick $1,189,516 $592 2.60%
Mellons Bay  $1,445,000 $611 2.21%
Northpark $1,122,500 $634 2.95%
Pakuranga $1,166,166 $559 2.50%
Pakuranga Heights $1,188,135 $570 2.50%
Somerville $1,228,333 $661 2.81%
Sunnyhills $1,334,800 $590 2.31%

Rodney

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Arkles Bay $846,250 $576 3.56%
Army Bay  $866,600 $599 3.61%
Gulf Harbour $846,071 $584 3.61%
Helensville $952,250 $532 2.92%
Manly $948,615 $579 3.19%
Orewa $1,069,529 $600 2.93%
Red Beach $957,429 $601 3.28%
Silverdale - Whangaparaoa  $942,500 $641 3.55%
Stanmore Bay  $854,950 $556 3.40%
Stillwater $857,900 $594 3.62%
Warkworth  $811,667 $544 3.50%

South Auckland

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Clendon Park $671,000 $506 3.94%
Clover Park  $876,794 $534 3.18%
Conifer Grove $761,957 $563 3.86%
East Tamaki $1,078,500 $634 3.07%
Favona $788,625 $526 3.48%
Flat Bush $873,504 $598 3.58%
Goodwood Heights  $930,750 $608 3.41%
Hill Park $843,200 $582 3.61%
Mangere $797,158 $541 3.55%
Mangere Bridge $1,160,130 $586 2.64%
Mangere East $892,540 $546 3.19%
Manukau  $935,429 $557 3.11%
Manurewa $812,985 $522 3.36%
Opaheke  $784,250 $546 3.64%
Otara $763,150 $501 3.43%
Papakura $782,114 $515 3.44%
Papatoetoe $888,131 $552 3.25%
Randwick Park $723,237 $496 3.59%
Takanini  $668,237 $543 4.25%
The Gardens $1,028,298 $638 3.24%
Wattle Downs $833,000 $585 3.67%
Weymouth $707,200 $543 4.01%

West Auckland

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Glen Eden $810,819 $518 3.34%
Glendene $834,632 $537 3.36%
Green Bay $1,101,333 $566 2.69%
Henderson $947,424 $536 2.96%
Henderson Heights $1,052,000 $583 2.89%
Hobsonville  $965,417 $679 3.68%
Kelston $918,400 $543 3.09%
Massey $851,238 $538 3.30%
New Lynn $994,074 $547 2.88%
Ranui $863,953 $506 3.06%
Sunnyvale $802,630 $535 3.48%
Swanson  $954,038 $578 3.16%
Te Atatu Peninsula $1,097,970 $556 2.65%
Te Atatu South $990,516 $556 2.93%
Titirangi $1,006,825 $581 3.01%
West Harbour $1,042,118 $574 2.88%
Whenuapai $926,300 $629 3.55%

Source: Barfoot & Thompson analysis of its tenancies as at 28 February 2021 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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