April 2023 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 | $ 1,066,901.629 | $ 644 | 3.14% |
Central Auckland
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| City Centre | $ 1,480,500 | $ 1,055.41 | 3.71% |
Central Auckland East
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Epsom | $ 1,650,677 | $ 787.84 | 2.48% |
| Greenlane | $ 1,333,750 | $ 718.91 | 2.80% |
| Hillsborough | $ 1,125,500 | $ 669.51 | 3.09% |
| Lynfield | $ 1,000,000 | $ 626.46 | 3.26% |
| Mount Eden | $ 1,754,000 | $ 755.07 | 2.24% |
| Mount Roskill | $ 1,071,401 | $ 626.15 | 3.04% |
| New Windsor | $ 1,133,250 | $ 602.84 | 2.77% |
| Onehunga | $ 1,099,000 | $ 666.74 | 3.15% |
| Royal Oak | $ 1,322,500 | $ 745.13 | 2.93% |
| Sandringham | $ 1,338,000 | $ 673.86 | 2.62% |
| Three Kings | $ 1,075,167 | $ 742.61 | 3.59% |
Central Auckland West
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Herne Bay | $ 1,491,667 | $ 1,041.43 | 3.63% |
| Mount Albert | $ 1,470,000 | $ 643.43 | 2.28% |
| Point Chevalier | $ 1,378,800 | $ 781.75 | 2.95% |
| Ponsonby | $ 1,919,167 | $ 1,005.00 | 2.72% |
| Waterview | $ 1,039,333 | $ 643.08 | 3.22% |
| Westmere | $ 1,826,667 | $ 937.50 | 2.67% |
Eastern Suburbs
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Ellerslie | $ 1,230,400 | $ 690.89 | 2.92% |
| Glen Innes | $ 1,132,200 | $ 659.17 | 3.03% |
| Glendowie | $ 1,459,768 | $ 804.84 | 2.87% |
| Kohimarama | $ 2,057,667 | $ 946.82 | 2.39% |
| Mission Bay | $ 1,683,333 | $ 825.38 | 2.55% |
| Mount Wellington | $ 983,608 | $ 635.39 | 3.36% |
| Panmure | $ 930,333 | $ 630.16 | 3.52% |
| Parnell | $ 1,663,000 | $ 865.96 | 2.71% |
| Point England | $ 958,750 | $ 650.00 | 3.53% |
| Remuera | $ 1,767,500 | $ 801.88 | 2.36% |
| Saint Heliers | $ 1,747,273 | $ 813.81 | 2.42% |
| Saint Johns | $ 1,068,000 | $ 718.88 | 3.50% |
| Stonefields | $ 1,325,000 | $ 830.53 | 3.26% |
Franklin/Manukau Rural
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Pokeno | $ 958,250 | $ 613.65 | 3.33% |
| Pukekohe | $ 851,750 | $ 543.05 | 3.32% |
| Tuakau | $ 713,000 | $ 516.70 | 3.77% |
| Waiuku | $ 786,579 | $ 522.93 | 3.46% |
North Shore
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Albany | $ 1,137,122 | $ 672.08 | 3.07% |
| Bayview | $ 916,800 | $ 626.43 | 3.55% |
| Beach Haven | $ 939,667 | $ 603.04 | 3.34% |
| Birkdale | $ 897,250 | $ 597.12 | 3.46% |
| Birkenhead | $ 1,385,286 | $ 660.75 | 2.48% |
| Browns Bay | $ 1,145,733 | $ 656.75 | 2.98% |
| Devonport | $ 1,396,122 | $ 800.19 | 2.98% |
| Forrest Hill | $ 1,114,858 | $ 682.88 | 3.19% |
| Glenfield | $ 1,058,720 | $ 622.58 | 3.06% |
| Hillcrest | $ 1,006,688 | $ 672.40 | 3.47% |
| Mairangi Bay | $ 1,245,000 | $ 717.79 | 3.00% |
| Milford | $ 1,200,378 | $ 693.51 | 3.00% |
| Northcote | $ 1,037,909 | $ 643.50 | 3.22% |
| Rothesay Bay | $ 1,618,600 | $ 733.33 | 2.36% |
| Sunnynook | $ 1,127,083 | $ 634.21 | 2.93% |
| Takapuna | $ 1,579,467 | $ 763.69 | 2.51% |
| Torbay | $ 1,037,080 | $ 657.78 | 3.30% |
| Unsworth Heights | $ 1,070,000 | $ 644.52 | 3.13% |
Pakuranga/Howick
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Beachlands | $ 1,463,143 | $ 767.50 | 2.73% |
| Botany Downs | $ 1,209,200 | $ 652.31 | 2.81% |
| Bucklands Beach | $ 1,173,735 | $ 653.31 | 2.89% |
| Burswood | $ 1,135,333 | $ 648.82 | 2.97% |
| Cockle Bay | $ 1,023,333 | $ 655.36 | 3.33% |
| Flat Bush | $ 929,000 | $ 647.56 | 3.62% |
| Half Moon Bay | $ 1,223,755 | $ 645.00 | 2.74% |
| Highland Park | $ 1,144,833 | $ 599.39 | 2.72% |
| Howick | $ 1,032,067 | $ 626.29 | 3.16% |
| Northpark | $ 1,191,000 | $ 670.60 | 2.93% |
| Pakuranga | $ 1,057,857 | $ 603.88 | 2.97% |
| Sunnyhills | $ 1,401,875 | $ 628.33 | 2.33% |
Rodney
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Army Bay | $ 1,027,750 | $ 619.17 | 3.13% |
| Gulf Harbour | $ 1,027,917 | $ 637.50 | 3.22% |
| Helensville | $ 1,039,143 | $ 593.08 | 2.97% |
| Huapai | $ 1,125,375 | $ 665.00 | 3.07% |
| Kumeu | $ 945,750 | $ 620.16 | 3.41% |
| Manly | $ 1,906,667 | $ 647.14 | 1.76% |
| Orewa | $ 1,101,447 | $ 638.94 | 3.02% |
| Silverdale | $ 1,058,333 | $ 679.46 | 3.34% |
| Stanmore Bay | $ 898,462 | $ 595.93 | 3.45% |
South Auckland
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Clendon Park | $ 727,167 | $ 567.10 | 4.06% |
| Clover Park | $ 854,600 | $ 577.36 | 3.51% |
| Drury | $ 2,514,167 | $ 660.00 | 1.37% |
| East Tamaki | $ 1,232,667 | $ 661.90 | 2.79% |
| Karaka | $ 988,333 | $ 662.50 | 3.49% |
| Mangere | $ 808,000 | $ 579.90 | 3.73% |
| Mangere East | $ 877,667 | $ 600.81 | 3.56% |
| Manurewa | $ 755,379 | $ 585.54 | 4.03% |
| Pahurehure | $ 892,333 | $ 620.00 | 3.61% |
| Papakura | $ 786,845 | $ 583.07 | 3.85% |
| Papatoetoe | $ 870,355 | $ 603.65 | 3.61% |
| Randwick Park | $ 814,233 | $ 564.59 | 3.61% |
| Takanini | $ 852,063 | $ 598.29 | 3.65% |
| Wattle Downs | $ 904,938 | $ 621.79 | 3.57% |
| Weymouth | $ 830,000 | $ 600.53 | 3.76% |
| Wiri | $ 760,830 | $ 598.50 | 4.09% |
West Auckland
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Avondale | $ 982,203 | $ 628.61 | 3.33% |
| Blockhouse Bay | $ 974,802 | $ 624.16 | 3.33% |
| Glen Eden | $ 833,451 | $ 565.79 | 3.53% |
| Glendene | $ 945,440 | $ 583.72 | 3.21% |
| Henderson | $ 917,603 | $ 572.42 | 3.24% |
| Hobsonville | $ 1,116,600 | $ 692.33 | 3.22% |
| Kelston | $ 881,600 | $ 585.91 | 3.46% |
| Massey | $ 866,618 | $ 580.90 | 3.49% |
| New Lynn | $ 929,980 | $ 583.76 | 3.26% |
| Ranui | $ 771,091 | $ 556.82 | 3.76% |
| Sunnyvale | $ 819,512 | $ 571.22 | 3.62% |
| Te Atatu Peninsula | $ 1,134,385 | $ 611.03 | 2.80% |
| Te Atatu South | $ 864,694 | $ 592.34 | 3.56% |
| Titirangi | $ 976,286 | $ 611.46 | 3.26% |
| West Harbour | $ 1,115,333 | $ 607.12 | 2.83% |
| Massey | $883,817 | $574 | 3.38% |
Source: Barfoot & Thompson analysis of its tenancies as of 30 April 2023 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.