December 2024 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 $1,000,133  $692 3.60%

Central Auckland

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Auckland Central$ $1,355,625 $1,088 4.17%

Central Auckland East

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Epsom $1,606,625 $823 2.66%
Greenlane $1,387,960 $776 2.91%
Hillsborough $1,057,750 $714 3.51%
Lynfield $1,130,881 $677 3.11%
Mount Eden $1,474,538 $797 2.81%
Mount Roskill $958,690 $678 3.68%
New Windsor $1,106,600 $651 3.06%
One Tree Hill $1,091,400 $725 3.46%
Onehunga $1,128,722 $713 3.29%
Royal Oak $833,000 $753 4.70%
Sandringham $1,244,375 $724 3.03%
Three Kings $948,333 $798 4.38%

Central Auckland West

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Grey Lynn $1,848,500 $879 2.47%
Kingsland $1,388,375 $782 2.93%
Mount Albert $1,237,350 $685 2.88%
Ponsonby $1,741,146 $994 2.97%
Waterview $1,102,333 $703 3.31%

Eastern Suburbs

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Glen Innes $1,176,467 $684 3.02%
Glendowie $1,475,000 $821 2.89%
Kohimarama $1,842,500 $899 2.54%
Mission Bay $1,521,111 $838 2.87%
Mount Wellington $917,446 $683 3.87%
Newmarket $1,138,333 $849 3.88%
Panmure $918,000 $649 3.68%
Parnell $628,008 $838 6.94%
Point England $944,500 $688 3.79%
Remuera $1,775,739 $842 2.47%
Saint Heliers $1,633,794 $893 2.84%
Saint Johns  $1,070,000 $777 3.78%
Stonefields $1,348,333 $870 3.36%

Franklin/Manukau Rural

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Pokeno $973,250 $668 3.57%
Pukekohe $794,865 $596 3.90%
Tuakau $850,583 $564 3.45%
Waiuku $729,688 $566 4.03%

North Shore

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Albany $991,902 $719 3.77%
Bayview $900,430 $663 3.83%
Beach Haven $969,668 $643 3.45%
Belmont  $1,092,333 $775 3.69%
Birkdale $888,619 $649 3.79%
Birkenhead $1,077,556 $700 3.38%
Browns Bay $1,055,100 $709 3.50%
Devonport $1,817,250 $867 2.48%
Forrest Hill $1,148,673 $727 3.29%
Glenfield $1,011,862 $666 3.42%
Greenhithe $982,900 $807 4.27%
Hillcrest $1,198,600 $712 3.09%
Long Bay  $1,173,000 $828 3.67%
Mairangi Bay $1,359,333 $774 2.96%
Milford $1,312,500 $752 2.98%
Murrays Bay $1,621,500 $733 2.35%
Northcote $593,650 $684 5.99%
Northcote Point $1,305,250 $859 3.42%
Oteha $952,200 $753 4.11%
Rothesay Bay $1,510,200 $787 2.71%
Sunnynook $1,176,154 $667 2.95%
Takapuna $1,448,133 $801 2.87%
Torbay $1,082,950 $697 3.35%
Totara Vale $920,354 $671 3.79%
Unsworth Heights $1,049,750 $691 3.42%

Pakuranga/Howick

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Beachlands $1,252,667 $770 3.20%
Botany Downs $1,231,615 $693 2.93%
Bucklands Beach $1,473,523 $701 2.47%
Burswood  $997,167 $701 3.65%
Dannemora $1,425,000 $736 2.69%
East Tamaki Heights $1,260,600 $720 2.97%
Farm Cove $1,722,000 $675 2.04%
Flat Bush $855,169 $702 4.27%
Half Moon Bay $1,246,165 $692 2.89%
Highland Park $982,929 $645 3.41%
Howick $1,014,180 $680 3.49%
Maraetai $1,612,500 $663 2.14%
Northpark $1,213,875 $722 3.09%
Pakuranga $924,000 $654 3.68%
Pakuranga Heights $1,088,082 $645 3.08%
Somerville $1,066,667 $718 3.50%
Sunnyhills $1,172,060 $704 3.12%

Rodney

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Gulf Harbour $864,071 $667 4.02%
Hatfields Beach $857,225 $600 3.64%
Huapai $977,500 $692 3.68%
Kumeu $1,764,400 $643 1.89%
Manly $1,217,000 $673 2.87%
Milldale $989,417 $745 3.92%
Millwater $1,015,000 $752 3.85%
Orewa $996,845 $679 3.54%
Red Beach $1,027,750 $681 3.45%
Silverdale $938,333 $712 3.95%
Stanmore Bay $843,280 $645 3.98%
Waimauku $955,000 $692 3.77%
Warkworth $843,833 $636 3.92%

South Auckland

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Clendon Park $687,321 $617 4.67%
Clover Park $794,813 $630 4.12%
Conifer Grove  $985,000 $611 3.23%
Drury $1,290,000 $708 2.85%
East Tamaki $1,080,667 $703 3.38%
Favona $787,429 $648 4.28%
Goodwood Heights $832,125 $701 4.38%
Karaka $754,252 $674 4.65%
Mangere $798,045 $609 3.97%
Mangere Bridge $914,091 $672 3.82%
Mangere East $822,319 $637 4.03%
Manurewa $802,378 $626 4.06%
Manurewa East $707,250 $674 4.95%
Opaheke $822,500 $633 4.00%
Otahuhu $843,756 $627 3.86%
Otara $753,917 $591 4.08%
Pahurehure $910,583 $699 3.99%
Papakura $754,550 $640 4.41%
Papatoetoe $918,966 $662 3.75%
Randwick Park $723,567 $610 4.39%
Red Hill $930,220 $676 3.78%
Rosehill $824,000 $655 4.13%
Takanini $771,702 $656 4.42%
The Gardens $1,060,900 $722 3.54%
Totara Heights  $849,833 $721 4.41%
Wattle Downs $865,357 $640 3.84%
Weymouth $760,701 $655 4.48%

West Auckland

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Avondale $925,112 $669 3.76%
Blockhouse Bay $1,091,400 $677 3.23%
Glen Eden $847,864 $620 3.80%
Glendene $841,395 $620 3.83%
Green Bay $1,216,714 $657 2.81%
Henderson $838,274 $622 3.86%
Hobsonville $1,008,972 $741 3.82%
Kelston $782,700 $630 4.19%
Massey $805,892 $624 4.03%
New Lynn $841,849 $638 3.94%
Ranui $753,963 $597 4.12%
Sunnyvale $832,950 $622 3.88%
Swanson $833,600 $670 4.18%
Te Atatu Peninsula $960,385 $647 3.50%
Te Atatu South $835,829 $649 4.03%
Titirangi $971,355 $651 3.48%
West Harbour $970,000 $647 3.47%
Westgate $863,625 $716 4.31%
Whenuapai  $1,079,750 $699 3.37%

Source: Barfoot & Thompson analysis of its tenancies as of 31 December 2024 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.

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