July 2022 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

Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Auckland $1,184,928 $630 2.8%

Central Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
City Centre $1,578,333 $977 3.2%

Central Auckland East

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Epsom $2,048,500 $785 2.0%
Greenlane $1,754,111 $706 2.1%
Hillsborough $1,350,833 $654 2.5%
Lynfield $1,219,500 $616 2.6%
Mount Eden $1,721,500 $761 2.3%
Mount Roskill $1,216,275 $612 2.6%
New Windsor $1,300,000 $600 2.4%
One Tree Hill $1,200,000 $675 2.9%
Onehunga $1,290,176 $656 2.6%
Royal Oak $1,666,000 $725 2.3%
Sandringham $1,377,600 $668 2.5%
Three Kings $1,561,571 $689 2.3%

Central Auckland West

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Grey Lynn $2,148,816 $835 2.0%
Mount Albert $1,233,236 $643 2.7%
Point Chevalier $1,788,833 $780 2.3%

Eastern Suburbs

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Ellerslie $1,433,341 $676 2.5%
Glen Innes $1,115,333 $644 3.0%
Glendowie $1,720,176 $749 2.3%
Kohimarama $2,231,500 $922 2.1%
Meadowbank $1,572,500 $759 2.5%
Mission Bay $1,493,750 $780 2.7%
Mount Wellington $1,269,823 $616 2.5%
Panmure $1,093,750 $618 2.9%
Parnell $1,506,143 $863 3.0%
Point England $1,437,500 $616 2.2%
Remuera $2,108,067 $803 2.0%
Saint Heliers $1,918,679 $811 2.2%
St Johns  $1,430,000 $716 2.6%

Franklin/Manukau Rural

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Pukekohe $890,814 $525 3.1%
Tuakau $732,850 $502 3.6%
Waiuku $910,615 $510 2.9%

North Shore

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Albany $1,135,615 $652 3.0%
Bayview $1,161,000 $611 2.7%
Beach Haven $1,195,225 $582 2.5%
Belmont $1,315,000 $737 2.9%
Birkdale $1,082,786 $606 2.9%
Birkenhead $1,125,571 $656 3.0%
Browns Bay $1,210,077 $647 2.8%
Castor Bay $1,650,000 $701 2.2%
Devonport $1,552,111 $813 2.7%
Forrest Hill $1,439,800 $666 2.4%
Glenfield $1,121,318 $605 2.8%
Hillcrest $1,247,250 $655 2.7%
Long Bay $1,190,500 $799 3.5%
Mairangi Bay $1,569,000 $713 2.4%
Milford $1,690,000 $680 2.1%
Murrays Bay $1,282,333 $674 2.7%
Northcote $1,120,737 $637 3.0%
Pinehill $1,188,143 $712 3.1%
Sunnynook $1,352,063 $626 2.4%
Takapuna $1,482,037 $762 2.7%
Torbay $1,187,125 $639 2.8%
Unsworth Heights $1,049,900 $626 3.1%
Totara Vale $975,273 $599 3.21%
Unsworth Heights $1,205,125 $614 2.66%

Pakuranga/Howick

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Beachlands $1,413,135 $748 2.8%
Botany Downs $1,228,738 $634 2.7%
Bucklands Beach $1,441,100 $634 2.3%
Burswood $1,330,000 $637 2.5%
Dannemora $1,640,000 $678 2.1%
East Tamaki Heights $1,705,000 $665 2.0%
Farm Cove $1,032,333 $638 3.2%
Flat Bush $1,022,409 $633 3.2%
Half Moon Bay $1,435,750 $617 2.2%
Highland Park $1,143,250 $598 2.7%
Howick $1,202,938 $616 2.7%
Northpark $1,298,133 $661 2.6%
Pakuranga $964,231 $590 3.2%
Somerville $1,403,960 $668 2.5%

Rodney

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Gulf Harbour $958,350 $619 3.4%
Helensville $1,150,000 $580 2.6%
Manly $1,156,917 $619 2.8%
Orewa $1,326,923 $623 2.4%
Red Beach $1,391,857 $616 2.3%
Silverdale $1,448,833 $647 2.3%
Stanmore Bay $1,067,286 $582 2.8%
Warkworth $1,087,000 $594 2.8%

South Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Clendon Park $787,333 $532 3.5%
Clover Park $893,714 $564 3.3%
Conifer Grove $1,069,900 $566 2.7%
Favona $860,580 $564 3.4%
Goodwood Heights $1,073,167 $628 3.0%
Karaka $1,343,130 $644 2.5%
Mangere $1,111,017 $569 2.7%
Mangere Bridge $1,300,000 $617 2.5%
Mangere East $975,600 $585 3.1%
Manurewa $992,751 $569 3.0%
Otahuhu $913,846 $571 3.2%
Otara $957,000 $530 2.9%
Papakura $889,622 $559 3.3%
Papatoetoe $1,010,990 $595 3.1%
Randwick Park $858,029 $562 3.4%
Takanini $926,393 $580 3.3%
Wattle Downs $1,135,000 $613 2.8%
Weymouth $851,912 $583 3.6%

West Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Avondale $1,232,942 $606 2.6%
Blockhouse Bay $1,244,933 $607 2.5%
Glen Eden $886,493 $555 3.3%
Glendene $1,002,429 $571 3.0%
Green Bay $1,221,875 $596 2.5%
Henderson $978,184 $565 3.0%
Hobsonville $1,268,152 $693 2.8%
Kelston $941,757 $571 3.2%
Massey $1,007,916 $571 2.9%
New Lynn $1,005,261 $565 2.9%
Ranui $887,583 $556 3.3%
Sunnyvale $969,135 $562 3.0%
Swanson $1,324,000 $613 2.4%
Te Atatu Peninsula $1,143,444 $609 2.8%
Te Atatu South $1,161,063 $584 2.6%
Titirangi $1,118,909 $601 2.8%
West Harbour $1,183,167 $592 2.6%
Whenuapai $1,265,000 $665 2.7%

Source: Barfoot & Thompson analysis of its tenancies as of 31 July 2022 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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