March 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 | $1,085,546 | $642 | 3.08% |
Central Auckland
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| City Centre | $1,602,625 | $1,043 | 3.38% |
Central Auckland East
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Hillsborough | $1,100,667 | $664 | 3.14% |
| Greenlane | $1,333,750 | $713 | 2.78% |
| Onehunga | $1,105,000 | $665 | 3.13% |
| Sandringham | $1,270,000 | $674 | 2.76% |
| Three Kings | $1,188,714 | $740 | 3.24% |
| New Windsor | $1,088,688 | $604 | 2.88% |
| Royal Oak | $1,281,111 | $745 | 3.02% |
| Epsom | $1,842,618 | $782 | 2.21% |
| Mount Eden | $1,705,692 | $753 | 2.30% |
| Mount Roskill | $1,083,524 | $624 | 2.99% |
Central Auckland West
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Grey Lynn | $1,806,667 | $840 | 2.42% |
| Mount Albert | $1,477,500 | $646 | 2.27% |
| Point Chevalier | $1,378,800 | $779 | 2.94% |
Eastern Suburbs
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Meadowbank | $1,346,667 | $783 | 3.02% |
| Panmure | $905,250 | $631 | 3.62% |
| Point England | $958,750 | $648 | 3.51% |
| Kohimarama | $2,123,000 | $942 | 2.31% |
| Parnell | $1,462,000 | $866 | 3.08% |
| Glendowie | $1,458,858 | $791 | 2.82% |
| Glen Innes | $1,132,200 | $659 | 3.03% |
| Ellerslie | $1,249,909 | $686 | 2.85% |
| Saint Heliers | $1,819,583 | $814 | 2.33% |
Franklin/Manukau Rural
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Tuakau | $772,667 | $514 | 3.46% |
| Waiuku | $821,000 | $523 | 3.31% |
| Pukekohe | $878,000 | $542 | 3.21% |
North Shore
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Mairangi Bay | $1,363,750 | $719 | 2.74% |
| Milford | $1,200,378 | $694 | 3.01% |
| Takapuna | $1,579,467 | $762 | 2.51% |
| Beach Haven | $987,000 | $600 | 3.16% |
| Birkenhead | $1,389,714 | $658 | 2.46% |
| Unsworth Heights | $1,074,286 | $644 | 3.12% |
| Birkdale | $881,938 | $597 | 3.52% |
| Devonport | $1,380,638 | $807 | 3.04% |
| Forrest Hill | $1,179,330 | $677 | 2.99% |
| Northcote | $1,015,700 | $641 | 3.28% |
| Bayview | $922,000 | $622 | 3.51% |
| Sunnynook | $1,115,727 | $633 | 2.95% |
| Browns Bay | $1,133,067 | $654 | 3.00% |
| Hillcrest | $1,030,821 | $682 | 3.44% |
| Torbay | $1,048,833 | $649 | 3.22% |
| Albany | $1,160,357 | $667 | 2.99% |
| Glenfield | $1,093,252 | $618 | 2.94% |
Pakuranga/Howick
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Dannemora | $1,425,000 | $695 | 2.54% |
| Burswood | $1,171,500 | $648 | 2.88% |
| Beachlands | $1,485,500 | $759 | 2.66% |
| Botany Downs | $981,249 | $650 | 3.44% |
| Pakuranga | $1,150,000 | $603 | 2.73% |
| Northpark | $1,226,857 | $669 | 2.84% |
| Highland Park | $1,147,375 | $603 | 2.73% |
| Flat Bush | $936,300 | $644 | 3.58% |
| Bucklands Beach | $1,167,941 | $657 | 2.93% |
| Half Moon Bay | $1,223,755 | $639 | 2.72% |
| Howick | $1,013,750 | $626 | 3.21% |
Rodney
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Red Beach | $1,196,667 | $636 | 2.76% |
| Warkworth | $1,126,000 | $610 | 2.82% |
| Gulf Harbour | $1,050,000 | $630 | 3.12% |
| Silverdale | $1,081,667 | $669 | 3.22% |
| Helensville | $1,017,000 | $588 | 3.01% |
| Stanmore Bay | $916,727 | $594 | 3.37% |
| Orewa | $1,131,357 | $638 | 2.93% |
South Auckland
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Otara | $740,367 | $542 | 3.81% |
| Weymouth | $870,000 | $597 | 3.57% |
| Clover Park | $870,500 | $575 | 3.43% |
| Favona | $859,546 | $583 | 3.53% |
| Wattle Downs | $888,813 | $620 | 3.63% |
| Clendon Park | $736,778 | $565 | 3.99% |
| Mangere | $828,889 | $578 | 3.63% |
| Randwick Park | $842,464 | $565 | 3.49% |
| Mangere East | $880,333 | $600 | 3.54% |
| Takanini | $870,333 | $598 | 3.57% |
| Manurewa | $772,607 | $583 | 3.92% |
| Papatoetoe | $864,066 | $604 | 3.63% |
| Papakura | $802,868 | $579 | 3.75% |
West Auckland
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Whenuapai | $1,276,250 | $661 | 2.69% |
| Kelston | $881,600 | $586 | 3.46% |
| Titirangi | $979,000 | $608 | 3.23% |
| Glendene | $926,743 | $582 | 3.27% |
| Ranui | $830,250 | $556 | 3.48% |
| Sunnyvale | $876,610 | $570 | 3.38% |
| Hobsonville | $1,156,385 | $692 | 3.11% |
| Te Atatu Peninsula | $1,170,308 | $610 | 2.71% |
| West Harbour | $1,198,357 | $604 | 2.62% |
| Blockhouse Bay | $1,066,746 | $623 | 3.04% |
| Te Atatu South | $908,675 | $594 | 3.40% |
| Avondale | $970,803 | $630 | 3.37% |
| New Lynn | $928,087 | $581 | 3.26% |
| Henderson | $918,655 | $571 | 3.23% |
| Glen Eden | $856,596 | $566 | 3.44% |
| Massey | $883,817 | $574 | 3.38% |
Source: Barfoot & Thompson analysis of its tenancies as of 31 March 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.