October 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 | $ 1,043,674.00 | $660.00 | 3.29% |
Central Auckland
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Auckland Central | $ 1,125,000.00 | $1,047.47 | 4.84% |
Central Auckland East
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Epsom | $1,747,364 | $801.23 | 2.38% |
| Greenlane | $1,506,429 | $742.56 | 2.56% |
| Hillsborough | $1,064,143 | $686.07 | 3.35% |
| Lynfield | $990,000 | $651.46 | 3.42% |
| Mount Eden | $1,537,375 | $769.71 | 2.60% |
| Mount Roskill | $976,176 | $644.72 | 3.43% |
| New Windsor | $1,127,545 | $623.78 | 2.88% |
| Onehunga | $1,062,143 | $674.12 | 3.30% |
| Royal Oak | $1,235,000 | $747.06 | 3.15% |
| Sandringham | $1,376,571 | $693.78 | 2.62% |
| Three Kings | $1,065,000 | $780.63 | 3.81% |
Central Auckland West
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Grey Lynn | $2,076,909 | $848.98 | 2.13% |
| Kingsland | $1,347,500 | $774.23 | 2.99% |
| Mount Albert | $1,150,300 | $660.69 | 2.99% |
| Point Chevalier | $1,517,500 | $796.96 | 2.73% |
| Ponsonby | $1,289,333 | $1,020.79 | 4.12% |
| Waterview | $1,014,500 | $660.00 | 3.38% |
| Westmere | $2,207,500 | $919.09 | 2.17% |
Eastern Suburbs
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Ellerslie | $1,139,375 | $715.42 | 3.27% |
| Glen Innes | $1,134,286 | $681.91 | 3.13% |
| Glendowie | $1,422,200 | $798.37 | 2.92% |
| Kohimarama | $2,243,000 | $960.77 | 2.23% |
| Meadowbank | $1,506,667 | $803.06 | 2.77% |
| Mission Bay | $1,382,000 | $825.80 | 3.11% |
| Mount Wellington | $975,052 | $659.11 | 3.52% |
| Orakei | $1,726,200 | $838.72 | 2.53% |
| Panmure | $1,025,273 | $637.54 | 3.23% |
| Parnell | $2,036,667 | $869.36 | 2.22% |
| Remuera | $1,705,537 | $827.59 | 2.52% |
| Saint Heliers | $1,830,684 | $854.72 | 2.43% |
| Saint Johns | $1,202,143 | $748.22 | 3.24% |
| Stonefields | $1,409,000 | $843.41 | 3.11% |
Franklin/Manukau Rural
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Pokeno | $880,800 | $635.24 | 3.75% |
| Pukekohe | $827,493 | $557.67 | 3.50% |
| Tuakau | $790,964 | $532.69 | 3.50% |
| Waiuku | $786,056 | $536.67 | 3.55% |
North Shore
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Albany | $1,027,567 | $686.69 | 3.48% |
| Albany Heights | $1,108,750 | $680.00 | 3.19% |
| Bayswater | $1,346,250 | $742.86 | 2.87% |
| Bayview | $938,680 | $632.88 | 3.51% |
| Beach Haven | $952,500 | $626.43 | 3.42% |
| Birkdale | $1,174,167 | $601.00 | 2.66% |
| Birkenhead | $1,152,417 | $679.13 | 3.06% |
| Browns Bay | $1,050,196 | $675.16 | 3.34% |
| Devonport | $1,479,100 | $841.62 | 2.96% |
| Forrest Hill | $1,260,368 | $701.35 | 2.89% |
| Glenfield | $978,296 | $635.04 | 3.38% |
| Hillcrest | $1,159,214 | $680.67 | 3.05% |
| Mairangi Bay | $1,137,700 | $728.13 | 3.33% |
| Milford | $1,314,909 | $699.08 | 2.76% |
| Murrays Bay | $1,438,000 | $689.33 | 2.49% |
| Northcote | $1,128,063 | $648.97 | 2.99% |
| Rothesay Bay | $1,270,600 | $760.00 | 3.11% |
| Sunnynook | $1,140,336 | $642.60 | 2.93% |
| Takapuna | $1,474,929 | $769.66 | 2.71% |
| Torbay | $1,053,458 | $670.87 | 3.31% |
| Unsworth Heights | $1,084,517 | $661.00 | 3.17% |
Pakuranga/Howick
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Beachlands | $1,406,167 | $765.91 | 2.83% |
| Botany Downs | $1,160,286 | $673.16 | 3.02% |
| Bucklands Beach | $1,630,600 | $670.00 | 2.14% |
| Cockle Bay | $1,324,667 | $670.63 | 2.63% |
| Eastern Beach | $2,144,500 | $661.33 | 1.60% |
| Flat Bush | $900,556 | $667.92 | 3.86% |
| Golflands | $964,500 | $670.00 | 3.61% |
| Half Moon Bay | $1,485,100 | $658.33 | 2.31% |
| Highland Park | $1,268,313 | $626.29 | 2.57% |
| Howick | $1,159,680 | $641.02 | 2.87% |
| Pakuranga | $1,121,395 | $625.86 | 2.90% |
| Pakuranga Heights | $1,004,571 | $625.60 | 3.24% |
Rodney
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Arkles Bay | $858,333 | $628.13 | 3.81% |
| Gulf Harbour | $933,750 | $649.32 | 3.62% |
| Helensville | $762,000 | $587.81 | 4.01% |
| Huapai | $1,093,571 | $668.75 | 3.18% |
| Kumeu | $945,519 | $635.14 | 3.49% |
| Manly | $1,415,500 | $650.68 | 2.39% |
| Orewa | $1,199,542 | $658.55 | 2.85% |
| Red Beach | $990,000 | $654.89 | 3.44% |
| Silverdale | $955,735 | $685.57 | 3.73% |
| Stanmore Bay | $883,000 | $607.61 | 3.58% |
| Warkworth | $934,123 | $619.02 | 3.45% |
South Auckland
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Clendon Park | $722,455 | $571.97 | 4.12% |
| Clover Park | $764,875 | $600.83 | 4.08% |
| Conifer Grove | $898,167 | $593.18 | 3.43% |
| Drury | $778,875 | $710.00 | 4.74% |
| Favona | $734,200 | $616.75 | 4.37% |
| Karaka | $1,254,250 | $663.13 | 2.75% |
| Mangere | $832,777 | $591.51 | 3.69% |
| Mangere Bridge | $1,124,800 | $641.39 | 2.97% |
| Mangere East | $800,575 | $620.95 | 4.03% |
| Manurewa | $829,604 | $605.37 | 3.79% |
| Opaheke | $804,400 | $606.67 | 3.92% |
| Otahuhu | $1,165,667 | $592.64 | 2.64% |
| Otara | $813,750 | $551.86 | 3.53% |
| Pahurehure | $919,200 | $630.00 | 3.56% |
| Papakura | $770,084 | $597.90 | 4.04% |
| Papatoetoe | $955,927 | $620.20 | 3.37% |
| Randwick Park | $758,471 | $579.69 | 3.97% |
| Takanini | $824,750 | $615.28 | 3.88% |
| The Gardens | $1,057,500 | $712.73 | 3.50% |
| Wattle Downs | $952,222 | $632.96 | 3.46% |
| Weymouth | $819,214 | $612.22 | 3.89% |
West Auckland
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Avondale | $938,811 | $640.90 | 3.55% |
| Blockhouse Bay | $997,918 | $645.22 | 3.36% |
| Glen Eden | $887,013 | $581.62 | 3.41% |
| Glendene | $864,146 | $602.37 | 3.62% |
| Henderson | $850,900 | $582.46 | 3.56% |
| Hobsonville | $1,041,021 | $716.20 | 3.58% |
| Massey | $864,547 | $600.28 | 3.61% |
| New Lynn | $915,000 | $600.25 | 3.41% |
| Ranui | $711,750 | $579.33 | 4.23% |
| Sunnyvale | $853,364 | $593.00 | 3.61% |
| Swanson | $929,463 | $646.54 | 3.62% |
| Te Atatu Peninsula | $997,816 | $620.65 | 3.23% |
| Te Atatu South | $924,317 | $605.56 | 3.41% |
| Titirangi | $1,001,167 | $627.21 | 3.26% |
| West Harbour | $1,005,808 | $618.73 | 3.20% |
| Westgate | $937,418 | $684.23 | 3.80% |
Source: Barfoot & Thompson analysis of its tenancies as of 31 October 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.
