March 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 | $ 1,076,219 | $ 674 | 3.25% |
Central Auckland
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Auckland Central | $ 1,570,000 | $ 1,015 | 3.36% |
| Eden Terrace | $ 1,203,333 | $ 792 | 3.42% |
Central Auckland East
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Epsom | $ 1,502,094 | $ 815 | 2.82% |
| Greenlane | $ 1,251,000 | $ 751 | 3.12% |
| Hillsborough | $ 1,110,571 | $ 695 | 3.26% |
| Lynfield | $ 1,126,000 | $ 658 | 3.04% |
| Mount Eden | $ 1,655,538 | $ 778 | 2.44% |
| Mount Roskill | $ 1,262,250 | $ 658 | 2.71% |
| New Windsor | $ 1,277,429 | $ 637 | 2.59% |
| One Tree Hill | $ 1,422,200 | $ 729 | 2.66% |
| Onehunga | $ 1,201,333 | $ 694 | 3.00% |
| Royal Oak | $ 1,549,167 | $ 731 | 2.45% |
| Sandringham | $ 1,306,683 | $ 710 | 2.83% |
| Three Kings | $ 1,359,786 | $ 785 | 3.00% |
Central Auckland West
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Freemans Bay | $ 1,555,833 | $ 1,008 | 3.37% |
| Grey Lynn | $ 1,931,800 | $ 872 | 2.35% |
| Mount Albert | $ 1,219,253 | $ 660 | 2.82% |
| Point Chevalier | $ 1,749,286 | $ 832 | 2.47% |
| Ponsonby | $ 1,740,000 | $ 990 | 2.96% |
| Westmere | $ 1,470,000 | $ 945 | 3.34% |
Eastern Suburbs
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Ellerslie | $ 1,085,714 | $ 731 | 3.50% |
| Glen Innes | $ 1,158,900 | $ 685 | 3.07% |
| Glendowie | $ 1,710,317 | $ 804 | 2.44% |
| Kohimarama | $ 1,812,500 | $ 949 | 2.72% |
| Meadowbank | $ 1,496,125 | $ 824 | 2.87% |
| Mission Bay | $ 1,704,167 | $ 853 | 2.60% |
| Mount Wellington | $ 998,313 | $ 671 | 3.49% |
| Orakei | $ 1,552,500 | $ 858 | 2.87% |
| Panmure | $ 905,357 | $ 645 | 3.70% |
| Point England | $ 1,132,857 | $ 664 | 3.05% |
| Remuera | $ 2,405,636 | $ 841 | 1.82% |
| Saint Heliers | $ 1,861,765 | $ 867 | 2.42% |
| Saint Johns | $ 1,330,286 | $ 756 | 2.96% |
Franklin/Manukau Rural
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Clarks Beach | $ 854,333 | $ 584 | 3.55% |
| Pokeno | $ 916,000 | $ 644 | 3.66% |
| Pukekohe | $ 858,109 | $ 573 | 3.47% |
| Tuakau | $ 723,889 | $ 549 | 3.95% |
| Waiuku | $ 828,688 | $ 555 | 3.48% |
North Shore
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Albany | $ 958,342 | $ 696 | 3.78% |
| Bayview | $ 954,375 | $ 648 | 3.53% |
| Beach Haven | $ 911,571 | $ 635 | 3.62% |
| Belmont | $ 1,618,732 | $ 769 | 2.47% |
| Birkdale | $ 1,035,417 | $ 617 | 3.10% |
| Birkenhead | $ 1,043,250 | $ 685 | 3.42% |
| Browns Bay | $ 1,068,938 | $ 692 | 3.36% |
| Castor Bay | $ 1,324,400 | $ 805 | 3.16% |
| Devonport | $ 1,814,083 | $ 855 | 2.45% |
| Forrest Hill | $ 1,277,426 | $ 722 | 2.94% |
| Glenfield | $ 1,043,128 | $ 641 | 3.20% |
| Greenhithe | $ 1,316,500 | $ 790 | 3.12% |
| Hillcrest | $ 1,134,750 | $ 694 | 3.18% |
| Mairangi Bay | $ 1,199,667 | $ 759 | 3.29% |
| Milford | $ 1,195,833 | $ 722 | 3.14% |
| Northcote | $ 1,144,886 | $ 662 | 3.01% |
| Northcross | $ 1,192,000 | $ 834 | 3.64% |
| Pinehill | $ 1,013,333 | $ 757 | 3.88% |
| Rothesay Bay | $ 1,616,360 | $ 760 | 2.44% |
| Sunnynook | $ 1,237,000 | $ 655 | 2.75% |
| Takapuna | $ 1,412,071 | $ 788 | 2.90% |
| Torbay | $ 1,102,250 | $ 689 | 3.25% |
| Totara Vale | $ 971,455 | $ 652 | 3.49% |
| Unsworth Heights | $ 1,093,667 | $ 673 | 3.20% |
Pakuranga/Howick
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Beachlands | $ 1,307,000 | $ 777 | 3.09% |
| Botany Downs | $ 1,276,000 | $ 683 | 2.78% |
| Bucklands Beach | $ 1,469,286 | $ 691 | 2.45% |
| Burswood | $ 1,175,250 | $ 663 | 2.93% |
| Cockle Bay | $ 1,338,000 | $ 690 | 2.68% |
| Farm Cove | $ 1,103,333 | $ 638 | 3.01% |
| Flat Bush | $ 910,703 | $ 685 | 3.91% |
| Golflands | $ 1,009,750 | $ 695 | 3.58% |
| Half Moon Bay | $ 1,054,742 | $ 675 | 3.33% |
| Highland Park | $ 1,153,039 | $ 642 | 2.89% |
| Howick | $ 1,127,625 | $ 666 | 3.07% |
| Northpark | $ 1,241,143 | $ 700 | 2.93% |
| Pakuranga | $ 979,224 | $ 639 | 3.39% |
| Pakuranga Heights | $ 1,052,611 | $ 639 | 3.16% |
| Somerville | $ 1,476,000 | $ 694 | 2.44% |
| Sunnyhills | $ 1,417,424 | $ 693 | 2.54% |
Rodney
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Gulf Harbour | $ 792,857 | $ 648 | 4.25% |
| Helensville | $ 929,000 | $ 603 | 3.38% |
| Huapai | $ 1,020,714 | $ 689 | 3.51% |
| Kumeu | $ 781,571 | $ 640 | 4.26% |
| Manly | $ 1,063,214 | $ 654 | 3.20% |
| Orewa | $ 1,162,300 | $ 665 | 2.97% |
| Red Beach | $ 1,050,857 | $ 663 | 3.28% |
| Silverdale | $ 1,118,250 | $ 694 | 3.23% |
| Stanmore Bay | $ 883,583 | $ 621 | 3.65% |
| Warkworth | $ 1,091,000 | $ 628 | 3.00% |
South Auckland
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Clendon Park | $ 757,179 | $ 584 | 4.01% |
| Clover Park | $ 775,143 | $ 608 | 4.08% |
| Conifer Grove | $ 911,429 | $ 594 | 3.39% |
| Drury | $ 1,051,200 | $ 688 | 3.40% |
| East Tamaki | $ 1,083,600 | $ 691 | 3.32% |
| Favona | $ 835,800 | $ 626 | 3.89% |
| Karaka | $ 1,043,400 | $ 683 | 3.40% |
| Mangere | $ 816,600 | $ 601 | 3.83% |
| Mangere Bridge | $ 927,153 | $ 649 | 3.64% |
| Mangere East | $ 836,583 | $ 628 | 3.90% |
| Manurewa | $ 977,560 | $ 615 | 3.27% |
| Opaheke | $ 916,667 | $ 607 | 3.44% |
| Otahuhu | $ 731,700 | $ 605 | 4.30% |
| Otara | $ 754,923 | $ 573 | 3.95% |
| Papakura | $ 887,742 | $ 616 | 3.61% |
| Papatoetoe | $ 992,561 | $ 637 | 3.34% |
| Randwick Park | $ 749,863 | $ 593 | 4.11% |
| Rosehill | $ 794,722 | $ 639 | 4.18% |
| Takanini | $ 867,172 | $ 636 | 3.82% |
| The Gardens | $ 1,014,750 | $ 718 | 3.68% |
| Totara Heights | $ 872,892 | $ 692 | 4.12% |
| Wattle Downs | $ 888,222 | $ 650 | 3.81% |
| Weymouth | $ 836,375 | $ 629 | 3.91% |
West Auckland
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Avondale | $ 930,982 | $ 656 | 3.66% |
| Blockhouse Bay | $ 1,058,427 | $ 668 | 3.28% |
| Glen Eden | $ 846,983 | $ 600 | 3.69% |
| Glendene | $ 829,000 | $ 609 | 3.82% |
| Green Bay | $ 1,091,000 | $ 638 | 3.04% |
| Henderson | $ 878,273 | $ 595 | 3.52% |
| Hobsonville | $ 1,340,938 | $ 724 | 2.81% |
| Kelston | $ 1,143,333 | $ 606 | 2.75% |
| Massey | $ 893,755 | $ 609 | 3.55% |
| New Lynn | $ 914,837 | $ 615 | 3.50% |
| Ranui | $ 814,778 | $ 582 | 3.72% |
| Sunnyvale | $ 862,591 | $ 608 | 3.66% |
| Swanson | $ 895,143 | $ 654 | 3.80% |
| Te Atatu Peninsula | $ 1,019,043 | $ 635 | 3.24% |
| Te Atatu South | $ 928,264 | $ 617 | 3.46% |
| Titirangi | $ 943,077 | $ 637 | 3.51% |
| West Harbour | $ 972,019 | $ 622 | 3.33% |
| Westgate | $ 904,400 | $ 707 | 4.07% |
Source: Barfoot & Thompson analysis of its tenancies as of 31 March 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.
