June 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 $1,201,595 $628 2.7%

Central Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
City Centre $1,697,500 $975 3.0%

Central Auckland East

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Epsom $2,037,875 $780 2.0%
Greenlane $1,754,111 $704 2.1%
Hillsborough $1,294,222 $654 2.6%
Lynfield $1,219,500 $615 2.6%
Mt Eden $1,845,333 $762 2.1%
Mt Roskill $1,253,935 $611 2.5%
New Windsor $1,357,875 $598 2.3%
One Tree Hill $1,200,000 $679 2.9%
Onehunga $1,351,400 $654 2.5%
Royal Oak $1,574,667 $719 2.4%
Sandringham $1,461,143 $664 2.4%
Three Kings  $1,283,600 $690 2.8%

Central Auckland West

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Grey Lynn $1,950,750 $822 2.2%
Mount Albert $1,255,321 $644 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 $1,380,139 $674 2.5%
Glen Innes $1,152,300 $645 2.9%
Glendowie $1,797,971 $744 2.2%
Kohimarama  $2,231,500 $922 2.1%
Meadowbank $1,572,500 $769 2.5%
Mission Bay  $1,493,750 $784 2.7%
Mt Wellington $1,362,323 $612 2.3%
Panmure $1,371,571 $618 2.3%
Parnell $1,506,143 $859 3.0%
Point England $1,437,500 $614 2.2%
Remuera $2,031,923 $803 2.1%
St Heliers $1,773,536 $816 2.4%
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 $907,966 $523 3.0%
Tuakau $833,955 $496 3.1%
Waiuku $945,071 $507 2.8%

North Shore

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Albany $1,125,154 $650 3.0%
Bayview $1,141,833 $616 2.8%
Beach Haven $1,276,255 $577 2.4%
Belmont $1,315,000 $737 2.9%
Birkdale $1,082,786 $606 2.9%
Birkenhead $1,134,647 $653 3.0%
Browns Bay $1,214,250 $646 2.8%
Castor Bay $1,650,000 $700 2.2%
Devonport $1,524,375 $811 2.8%
Forrest Hill $1,428,467 $664 2.4%
Glenfield $1,165,588 $604 2.7%
Hillcrest $1,248,563 $654 2.7%
Long Bay $1,152,000 $799 3.6%
Mairangi Bay $1,939,333 $706 1.9%
Milford $1,625,000 $679 2.2%
Murrays Bay $1,386,286 $674 2.5%
Northcote $1,115,435 $636 3.0%
Pinehill $1,242,125 $712 3.0%
Sunnynook $1,370,227 $625 2.4%
Takapuna $1,568,759 $760 2.5%
Torbay $1,213,341 $642 2.8%
Unsworth Heights $1,043,000 $627 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 $1,436,158 $746 2.7%
Botany Downs $1,313,771 $634 2.5%
Bucklands Beach $1,590,880 $633 2.1%
Burswood $1,225,000 $631 2.7%
Dannemora $1,546,250 $677 2.3%
East Tamaki Heights $1,856,667 $665 1.9%
Farm Cove $1,011,000 $633 3.3%
Flat Bush $1,025,952 $633 3.2%
Half Moon Bay $1,413,250 $618 2.3%
Highland Park $1,262,000 $598 2.5%
Howick $1,211,400 $614 2.6%
Northpark $1,337,850 $657 2.6%
Pakuranga $991,675 $589 3.1%
Somerville $1,386,633 $668 2.5%

Rodney

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Gulf Harbour $998,500 $621 3.2%
Helensville $1,425,000 $578 2.1%
Manly $1,156,917 $610 2.7%
Orewa $1,356,786 $620 2.4%
Red Beach $1,391,000 $614 2.3%
Silverdale  $1,664,333 $640 2.0%
Stanmore Bay  $1,073,060 $578 2.8%
Warkworth  $1,087,000 $593 2.8%

South Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Clendon Park $816,778 $529 3.4%
Clover Park $895,111 $561 3.3%
Conifer Grove $1,069,900 $566 2.7%
Favona $860,580 $562 3.4%
Goodwood Heights $1,115,265 $622 2.9%
Karaka $1,473,130 $644 2.3%
Mangere $1,147,298 $568 2.6%
Mangere Bridge $1,500,000 $620 2.1%
Mangere East $998,071 $585 3.0%
Manurewa $1,025,757 $565 2.9%
Otahuhu $1,060,769 $569 2.8%
Otara $875,783 $529 3.1%
Papakura $888,111 $556 3.3%
Papatoetoe $1,040,813 $592 3.0%
Randwick Park $854,167 $562 3.4%
Takanini $928,393 $579 3.2%
Wattle Downs $1,145,625 $612 2.8%
Weymouth $852,679 $580 3.5%
Weymouth $808,106 $548 3.54%

West Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Avondale $1,303,576 $600 2.4%
Blockhouse Bay $1,301,188 $604 2.4%
Glen Eden $901,782 $552 3.2%
Glendene $969,722 $565 3.0%
Green Bay $1,238,357 $592 2.5%
Henderson $1,021,573 $564 2.9%
Hobsonville $1,254,359 $692 2.9%
Kelston $941,757 $571 3.2%
Massey $1,048,951 $571 2.8%
New Lynn $996,968 $566 2.9%
Ranui $910,737 $557 3.2%
Sunnyvale $966,668 $561 3.0%
Swanson $1,324,000 $613 2.4%
Te Atatu Peninsula $1,183,028 $611 2.7%
Te Atatu South $1,224,386 $579 2.5%
Titirangi $1,233,167 $600 2.5%
West Harbour $1,183,559 $601 2.6%
Whenuapai $1,265,000 $666 2.7%

Source: Barfoot & Thompson analysis of its tenancies as of 30 June 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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