November 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 | $1,055,783 | $663.00 | 3.27% |
Central Auckland
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Auckland Central | $1,295,429 | $1,012.32 | 4.06% |
Central Auckland East
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Epsom | $1,795,300 | $803.90 | 2.33% |
| Greenlane | $1,445,800 | $742.27 | 2.67% |
| Hillsborough | $1,064,143 | $686.31 | 3.35% |
| Lynfield | $1,002,500 | $652.92 | 3.39% |
| Mount Eden | $1,754,846 | $772.01 | 2.29% |
| Mount Roskill | $1,062,511 | $646.50 | 3.16% |
| New Windsor | $1,135,375 | $629.69 | 2.88% |
| Onehunga | $1,086,462 | $678.51 | 3.25% |
| Royal Oak | $1,348,333 | $747.06 | 2.88% |
| Sandringham | $1,340,779 | $694.57 | 2.69% |
| Three Kings | $1,122,214 | $770.42 | 3.57% |
Central Auckland West
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Freemans Bay | $1,691,667 | $980.00 | 3.01% |
| Grey Lynn | $2,176,909 | $861.70 | 2.06% |
| Mount Albert | $1,136,300 | $661.78 | 3.03% |
| Point Chevalier | $1,455,000 | $796.96 | 2.85% |
| Ponsonby | $1,571,000 | $1,013.81 | 3.36% |
| Waterview | $1,002,667 | $668.93 | 3.47% |
| Westmere | $2,076,000 | $953.85 | 2.39% |
Eastern Suburbs
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Ellerslie | $1,222,000 | $719.07 | 3.06% |
| Glen Innes | $1,132,222 | $681.97 | 3.13% |
| Glendowie | $1,506,700 | $790.84 | 2.73% |
| Kohimarama | $2,534,167 | $932.50 | 1.91% |
| Meadowbank | $1,478,000 | $803.24 | 2.83% |
| Mission Bay | $1,677,200 | $843.45 | 2.62% |
| Mount Wellington | $977,389 | $660.35 | 3.51% |
| Orakei | $1,726,200 | $838.80 | 2.53% |
| Panmure | $980,857 | $639.68 | 3.39% |
| Parnell | $2,036,667 | $871.56 | 2.23% |
| Point England | $1,220,000 | $668.57 | 2.85% |
| Remuera | $1,547,809 | $832.48 | 2.80% |
| Saint Heliers | $1,740,857 | $857.35 | 2.56% |
| Saint Johns | $1,320,625 | $751.04 | 2.96% |
| Stonefields | $1,398,750 | $845.83 | 3.14% |
Franklin/Manukau Rural
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Pokeno | $871,625 | $639.05 | 3.81% |
| Pukekohe | $830,843 | $561.79 | 3.52% |
| Tuakau | $778,625 | $534.28 | 3.57% |
| Waiuku | $820,222 | $540.71 | 3.43% |
North Shore
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Albany | $1,028,476 | $686.75 | 3.47% |
| Albany Heights | $1,108,750 | $680.00 | 3.19% |
| Bayswater | $1,346,250 | $762.14 | 2.94% |
| Bayview | $984,626 | $635.96 | 3.36% |
| Beach Haven | $894,200 | $626.79 | 3.64% |
| Birkdale | $1,174,167 | $603.00 | 2.67% |
| Birkenhead | $1,181,900 | $678.22 | 2.98% |
| Browns Bay | $1,045,810 | $676.53 | 3.36% |
| Devonport | $1,650,833 | $844.73 | 2.66% |
| Forrest Hill | $1,293,600 | $706.84 | 2.84% |
| Glenfield | $997,973 | $636.21 | 3.32% |
| Hillcrest | $1,166,450 | $684.17 | 3.05% |
| Mairangi Bay | $1,125,200 | $729.43 | 3.37% |
| Milford | $1,277,000 | $704.74 | 2.87% |
| Murrays Bay | $1,465,600 | $696.88 | 2.47% |
| Northcote | $1,081,155 | $655.92 | 3.15% |
| Rothesay Bay | $1,487,160 | $760.00 | 2.66% |
| Sunnynook | $1,135,125 | $643.77 | 2.95% |
| Takapuna | $1,400,563 | $775.44 | 2.88% |
| Torbay | $1,084,480 | $673.58 | 3.23% |
| Unsworth Heights | $1,142,400 | $661.00 | 3.01% |
Pakuranga/Howick
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Beachlands | $1,281,143 | $765.91 | 3.11% |
| Botany Downs | $1,140,333 | $673.88 | 3.07% |
| Bucklands Beach | $1,607,214 | $673.93 | 2.18% |
| Eastern Beach | $1,955,600 | $661.33 | 1.76% |
| Farm Cove | $1,275,000 | $635.38 | 2.59% |
| Flat Bush | $887,200 | $668.68 | 3.92% |
| Golflands | $964,500 | $671.67 | 3.62% |
| Half Moon Bay | $1,437,889 | $662.68 | 2.40% |
| Highland Park | $1,268,750 | $635.50 | 2.60% |
| Howick | $1,164,667 | $647.42 | 2.89% |
| Pakuranga | $1,082,358 | $628.90 | 3.02% |
| Pakuranga Heights | $1,017,000 | $629.48 | 3.22% |
Rodney
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Arkles Bay | $858,333 | $628.00 | 3.80% |
| Gulf Harbour | $776,667 | $650.68 | 4.36% |
| Helensville | $793,333 | $591.47 | 3.88% |
| Huapai | $1,075,625 | $668.75 | 3.23% |
| Kumeu | $945,519 | $635.14 | 3.49% |
| Manly | $1,415,500 | $650.68 | 2.39% |
| Orewa | $1,237,167 | $657.11 | 2.76% |
| Red Beach | $987,364 | $658.67 | 3.47% |
| Silverdale | $966,607 | $686.29 | 3.69% |
| Stanmore Bay | $871,808 | $605.73 | 3.61% |
| Warkworth | $1,047,500 | $619.00 | 3.07% |
South Auckland
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Clendon Park | $728,385 | $573.48 | 4.09% |
| Clover Park | $767,333 | $601.29 | 4.07% |
| Conifer Grove | $898,167 | $593.18 | 3.43% |
| Drury | $753,833 | $712.86 | 4.92% |
| East Tamaki | $1,013,333 | $680.75 | 3.49% |
| Favona | $781,000 | $617.22 | 4.11% |
| Karaka | $1,304,000 | $666.88 | 2.66% |
| Mangere | $831,110 | $592.63 | 3.71% |
| Mangere Bridge | $1,319,833 | $642.22 | 2.53% |
| Mangere East | $834,725 | $622.30 | 3.88% |
| Manurewa | $887,314 | $607.32 | 3.56% |
| Opaheke | $844,000 | $606.67 | 3.74% |
| Otahuhu | $1,059,167 | $596.80 | 2.93% |
| Otara | $765,000 | $563.56 | 3.83% |
| Pahurehure | $919,200 | $630.00 | 3.56% |
| Papakura | $772,708 | $600.94 | 4.04% |
| Papatoetoe | $970,399 | $625.01 | 3.35% |
| Randwick Park | $737,125 | $581.11 | 4.10% |
| Takanini | $825,944 | $620.14 | 3.90% |
| The Gardens | $1,096,667 | $716.25 | 3.40% |
| Wattle Downs | $903,444 | $638.75 | 3.68% |
| Weymouth | $806,333 | $615.14 | 3.97% |
West Auckland
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Avondale | $972,995 | $643.12 | 3.44% |
| Blockhouse Bay | $1,121,779 | $652.47 | 3.02% |
| Glen Eden | $877,107 | $582.50 | 3.45% |
| Glendene | $864,146 | $606.22 | 3.65% |
| Henderson | $859,398 | $586.12 | 3.55% |
| Hobsonville | $1,053,790 | $718.22 | 3.54% |
| Laingholm | $903,000 | $581.25 | 3.35% |
| Massey | $873,214 | $597.81 | 3.56% |
| New Lynn | $903,350 | $605.71 | 3.49% |
| Ranui | $740,364 | $578.26 | 4.06% |
| Sunnyvale | $850,182 | $594.25 | 3.63% |
| Swanson | $868,550 | $650.00 | 3.89% |
| Te Atatu Peninsula | $955,460 | $624.07 | 3.40% |
| Te Atatu South | $902,820 | $608.61 | 3.51% |
| Titirangi | $955,714 | $633.93 | 3.45% |
| West Harbour | $993,128 | $621.33 | 3.25% |
| Westgate | $940,329 | $687.08 | 3.80% |
Source: Barfoot & Thompson analysis of its tenancies as of 30 November 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.
