May 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 | $625 | $1,233,841 | 2.63% |
Central Auckland
| Suburb | Average rent per week (3 bdrm) | Average sale price (3 bdrm) | Gross yield |
|---|---|---|---|
| City Centre | $998 | $1,538,333 | 3.37% |
Central Auckland East
| Suburb | Average rent per week (3 bdrm) | Average sale price (3 bdrm) | Gross yield |
|---|---|---|---|
| Three Kings | $680 | $1,452,900 | 2.43% |
| Lynfield | $611 | $1,250,833 | 2.54% |
| One Tree Hill | $679 | $1,215,833 | 2.90% |
| Sandringham | $659 | $1,927,000 | 1.78% |
| Greenlane | $697 | $1,710,714 | 2.12% |
| New Windsor | $598 | $1,404,643 | 2.21% |
| Royal Oak | $716 | $1,689,222 | 2.20% |
| Hillsborough | $652 | $1,333,000 | 2.54% |
| Mount Eden | $757 | $2,160,909 | 1.82% |
| Epsom | $771 | $2,076,643 | 1.93% |
| Onehunga | $651 | $1,638,941 | 2.07% |
| Mount Roskill | $605 | $1,292,132 | 2.43% |
Central Auckland West
| Suburb | Average rent per week (3 bdrm) | Average sale price (3 bdrm) | Gross yield |
|---|---|---|---|
| Point Chevalier | $788 | $1,826,649 | 2.24% |
| Grey Lynn | $809 | $1,925,750 | 2.18% |
| Mount Albert | $644 | $1,543,714 | 2.17% |
Eastern Suburbs
| Suburb | Average rent per week (3 bdrm) | Average sale price (3 bdrm) | Gross yield |
|---|---|---|---|
| Saint Johns | $722 | $1,436,250 | 2.61% |
| Point England | $608 | $1,281,000 | 2.47% |
| Meadowbank | $753 | $1,580,833 | 2.48% |
| Kohimarama | $891 | $2,144,429 | 2.16% |
| Ellerslie | $675 | $1,459,375 | 2.41% |
| Glendowie | $745 | $2,130,550 | 1.82% |
| Panmure | $613 | $1,571,600 | 2.03% |
| Parnell | $858 | $1,871,818 | 2.38% |
| Saint Heliers | $815 | $1,889,308 | 2.24% |
| Glen Innes | $641 | $1,425,813 | 2.34% |
| Mission Bay | $770 | $1,747,444 | 2.29% |
| Remuera | $809 | $2,080,618 | 2.02% |
| Mount Wellington | $613 | $1,639,848 | 1.94% |
Franklin/Manukau Rural
| Suburb | Average rent per week (3 bdrm) | Average sale price (3 bdrm) | Gross yield |
|---|---|---|---|
| Tuakau | $490 | $871,808 | 2.92% |
| Waiuku | $503 | $1,017,563 | 2.57% |
| Pukekohe | $514 | $901,427 | 2.97% |
North Shore
| Suburb | Average rent per week (3 bdrm) | Average sale price (3 bdrm) | Gross yield |
|---|---|---|---|
| Castor Bay | $715 | $1,946,000 | 1.91% |
| Belmont | $742 | $1,842,333 | 2.09% |
| Unsworth Heights | $625 | $1,289,750 | 2.52% |
| Murrays Bay | $672 | $1,717,500 | 2.03% |
| Milford | $676 | $1,682,143 | 2.09% |
| Pinehill | $700 | $1,235,750 | 2.95% |
| Mairangi Bay | $697 | $1,942,000 | 1.87% |
| Bayview | $613 | $1,151,875 | 2.77% |
| Hillcrest | $655 | $1,315,167 | 2.59% |
| Devonport | $805 | $1,997,700 | 2.10% |
| Birkenhead | $644 | $1,207,000 | 2.77% |
| Takapuna | $756 | $2,191,045 | 1.79% |
| Beach Haven | $577 | $1,269,650 | 2.36% |
| Forrest Hill | $657 | $1,518,750 | 2.25% |
| Albany | $647 | $1,104,914 | 3.04% |
| Birkdale | $596 | $1,174,733 | 2.64% |
| Sunnynook | $625 | $1,434,813 | 2.27% |
| Browns Bay | $643 | $1,403,722 | 2.38% |
| Torbay | $641 | $1,328,886 | 2.51% |
| Northcote | $628 | $1,091,792 | 2.99% |
| Glenfield | $604 | $1,223,303 | 2.57% |
Pakuranga/Howick
| Suburb | Average rent per week (3 bdrm) | Average sale price (3 bdrm) | Gross yield |
|---|---|---|---|
| Beachlands | $735 | $1,595,167 | 2.40% |
| Dannemora | $673 | $1,545,000 | 2.27% |
| Somerville | $668 | $1,445,114 | 2.40% |
| Highland Park | $594 | $1,331,111 | 2.32% |
| Northpark | $657 | $1,418,636 | 2.41% |
| Half Moon Bay | $615 | $1,400,136 | 2.28% |
| Botany Downs | $631 | $1,407,233 | 2.33% |
| Bucklands Beach | $626 | $2,090,253 | 1.56% |
| Howick | $613 | $1,264,625 | 2.52% |
| Pakuranga | $583 | $1,134,440 | 2.67% |
| Flat Bush | $628 | $1,082,302 | 3.02% |
Rodney
| Suburb | Average rent per week (3 bdrm) | Average sale price (3 bdrm) | Gross yield |
|---|---|---|---|
| Silverdale | $636 | $1,746,000 | 1.89% |
| Helensville | $577 | $1,326,000 | 2.26% |
| Red Beach | $610 | $1,207,250 | 2.63% |
| Gulf Harbour | $609 | $1,210,214 | 2.62% |
| Warkworth | $584 | $1,113,900 | 2.73% |
| Manly | $610 | $1,147,964 | 2.76% |
| Orewa | $621 | $1,268,300 | 2.55% |
| Stanmore Bay | $576 | $1,093,278 | 2.74% |
South Auckland
| Suburb | Average rent per week (3 bdrm) | Average sale price (3 bdrm) | Gross yield |
|---|---|---|---|
| Karaka | $644 | $1,946,667 | 1.72% |
| The Gardens | $682 | $1,223,000 | 2.90% |
| Favona | $557 | $935,333 | 3.10% |
| Conifer Grove | $540 | $1,130,250 | 2.48% |
| Mangere | $567 | $1,230,417 | 2.40% |
| Goodwood Heights | $628 | $1,190,265 | 2.74% |
| Wattle Downs | $608 | $1,160,000 | 2.73% |
| Clendon Park | $519 | $896,578 | 3.01% |
| Weymouth | $571 | $1,038,375 | 2.86% |
| Randwick Park | $551 | $912,357 | 3.14% |
| Clover Park | $558 | $914,571 | 3.17% |
| Mangere East | $584 | $1,007,000 | 3.02% |
| Otahuhu | $565 | $1,086,067 | 2.71% |
| Otara | $525 | $1,062,903 | 2.57% |
| Takanini | $571 | $941,919 | 3.15% |
| Manurewa | $555 | $1,069,268 | 2.70% |
| Papatoetoe | $586 | $1,119,126 | 2.72% |
| Papakura | $552 | $971,171 | 2.96% |
West Auckland
| Suburb | Average rent per week (3 bdrm) | Average sale price (3 bdrm) | Gross yield |
|---|---|---|---|
| Whenuapai | $658 | $1,245,000 | 2.75% |
| Swanson | $601 | $1,349,800 | 2.32% |
| Green Bay | $588 | $1,325,143 | 2.31% |
| Glendene | $562 | $1,051,688 | 2.78% |
| Kelston | $568 | $1,026,368 | 2.88% |
| Sunnyvale | $557 | $989,617 | 2.93% |
| West Harbour | $598 | $1,183,469 | 2.63% |
| Blockhouse Bay | $601 | $1,286,000 | 2.43% |
| Titirangi | $603 | $1,298,167 | 2.42% |
| New Lynn | $563 | $1,022,501 | 2.86% |
| Te Atatu Peninsula | $605 | $1,362,768 | 2.31% |
| Te Atatu South | $582 | $1,321,050 | 2.29% |
| Avondale | $598 | $1,286,765 | 2.42% |
| Hobsonville | $692 | $1,260,450 | 2.85% |
| Ranui | $552 | $868,556 | 3.30% |
| Glen Eden | $548 | $974,495 | 2.92% |
| Massey | $563 | $1,110,174 | 2.64% |
| Henderson | $560 | $1,140,853 | 2.55% |
Source: Barfoot & Thompson analysis of its tenancies as of 31 May 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.
Disclaimer: This report is intended for general information purposes only. This report and the information contained herein is under no circumstances intended to be used or considered as legal, financial or investment advice. Barfoot & Thompson does not warrant the accuracy, reliability or completeness of the information provided in this report and does not accept liability for any omissions, inaccuracies or losses incurred, either directly or indirectly, by any person arising from or in connection with the supply, use or misuse of the whole or any part of this report. When referring to this report or any information contained herein, you must cite Barfoot & Thompson as the source of the information. Barfoot & Thompson reserves the right to request that you immediately withdraw from publication any document that fails to cite Barfoot & Thompson as the source. Except as expressly contemplated, you must not copy, reproduce, modify, or distribute any of the contents of the report without the prior written permission of Barfoot & Thompson.
