May 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 | $1,085,940 | $679 | 3.25% |
Central Auckland
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Auckland Central | $1,093,333 | $1,022 | 4.86% |
| Eden Terrace | $1,293,333 | $798 | 3.21% |
Central Auckland East
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Epsom | $1,529,964 | $820 | 2.79% |
| Greenlane | $1,263,833 | $755 | 3.11% |
| Hillsborough | $1,141,750 | $705 | 3.21% |
| Lynfield | $1,224,400 | $662 | 2.81% |
| Mount Eden | $1,485,467 | $783 | 2.74% |
| Mount Roskill | $1,225,609 | $668 | 2.83% |
| New Windsor | $1,183,100 | $646 | 2.84% |
| One Tree Hill | $1,315,971 | $730 | 2.88% |
| Onehunga | $1,057,571 | $702 | 3.45% |
| Royal Oak | $1,425,500 | $742 | 2.71% |
| Sandringham | $1,276,367 | $716 | 2.92% |
| Three Kings | $1,406,962 | $798 | 2.95% |
Central Auckland West
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Freemans Bay | $1,418,000 | $1,008 | 3.70% |
| Grey Lynn | $1,886,875 | $883 | 2.43% |
| Kingsland | $1,596,667 | $784 | 2.55% |
| Mount Albert | $1,135,218 | $660 | 3.02% |
| Point Chevalier | $1,737,000 | $837 | 2.51% |
| Ponsonby | $1,900,000 | $993 | 2.72% |
| Westmere | $1,838,333 | $942 | 2.66% |
Eastern Suburbs
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Ellerslie | $1,114,300 | $731 | 3.41% |
| Glen Innes | $1,210,572 | $679 | 2.91% |
| Glendowie | $1,714,500 | $808 | 2.45% |
| Kohimarama | $1,703,000 | $951 | 2.90% |
| Meadowbank | $1,380,667 | $804 | 3.03% |
| Mission Bay | $1,485,000 | $849 | 2.97% |
| Mount Wellington | $1,017,466 | $674 | 3.45% |
| Orakei | $1,615,000 | $880 | 2.83% |
| Panmure | $875,500 | $646 | 3.84% |
| Parnell | $1,958,333 | $839 | 2.23% |
| Point England | $1,015,833 | $669 | 3.42% |
| Remuera | $2,919,182 | $840 | 1.50% |
| Saint Heliers | $1,813,263 | $867 | 2.49% |
| Saint Johns | $1,131,000 | $765 | 3.52% |
Franklin/Manukau Rural
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Clarks Beach | $854,333 | $599 | 3.64% |
| Paerata | $1,002,667 | $513 | 2.66% |
| Pokeno | $1,286,500 | $647 | 2.61% |
| Pukekohe | $817,243 | $581 | 3.70% |
| Tuakau | $740,000 | $558 | 3.92% |
| Waiuku | $762,162 | $559 | 3.82% |
North Shore
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Albany | $938,794 | $706 | 3.91% |
| Bayview | $955,000 | $652 | 3.55% |
| Beach Haven | $894,375 | $638 | 3.71% |
| Belmont | $1,664,627 | $772 | 2.41% |
| Birkdale | $924,900 | $627 | 3.53% |
| Birkenhead | $895,000 | $686 | 3.99% |
| Browns Bay | $1,048,905 | $699 | 3.47% |
| Castor Bay | $1,332,000 | $838 | 3.27% |
| Devonport | $1,751,400 | $851 | 2.53% |
| Forrest Hill | $1,187,141 | $731 | 3.20% |
| Glenfield | $1,073,843 | $650 | 3.15% |
| Greenhithe | $1,200,000 | $790 | 3.42% |
| Hillcrest | $1,117,417 | $700 | 3.26% |
| Mairangi Bay | $1,390,875 | $763 | 2.85% |
| Milford | $1,256,182 | $731 | 3.03% |
| Murrays Bay | $1,245,333 | $733 | 3.06% |
| Northcote | $1,111,250 | $666 | 3.12% |
| Oteha | $813,250 | $734 | 4.70% |
| Pinehill | $1,012,250 | $757 | 3.89% |
| Sunnynook | $1,238,444 | $657 | 2.76% |
| Takapuna | $1,410,333 | $798 | 2.94% |
| Torbay | $1,088,975 | $695 | 3.32% |
| Totara Vale | $968,286 | $654 | 3.51% |
| Unsworth Heights | $1,075,600 | $679 | 3.28% |
Pakuranga/Howick
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Botany Downs | $1,221,800 | $684 | 2.91% |
| Bucklands Beach | $1,345,000 | $695 | 2.69% |
| Burswood | $1,073,667 | $682 | 3.30% |
| Cockle Bay | $1,266,625 | $698 | 2.87% |
| Flat Bush | $907,671 | $693 | 3.97% |
| Golflands | $1,076,333 | $695 | 3.36% |
| Half Moon Bay | $1,175,565 | $681 | 3.01% |
| Highland Park | $1,061,210 | $643 | 3.15% |
| Howick | $1,167,500 | $669 | 2.98% |
| Mellons Bay | $1,232,000 | $714 | 3.01% |
| Northpark | $1,274,125 | $697 | 2.85% |
| Pakuranga | $1,679,344 | $646 | 2.00% |
| Pakuranga Heights | $1,037,173 | $639 | 3.21% |
| Sunnyhills | $1,451,714 | $696 | 2.49% |
Rodney
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Gulf Harbour | $795,625 | $658 | 4.30% |
| Helensville | $971,333 | $603 | 3.23% |
| Huapai | $1,145,000 | $689 | 3.13% |
| Kumeu | $813,667 | $640 | 4.09% |
| Manly | $1,022,500 | $661 | 3.36% |
| Orewa | $1,227,500 | $670 | 2.84% |
| Red Beach | $1,012,500 | $660 | 3.39% |
| Silverdale | $1,191,000 | $708 | 3.09% |
| Snells Beach | $971,667 | $577 | 3.09% |
| Stanmore Bay | $895,846 | $629 | 3.65% |
| Waimauku | $1,266,667 | $634 | 2.60% |
| Warkworth | $997,286 | $622 | 3.24% |
South Auckland
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Clendon Park | $747,146 | $587 | 4.09% |
| Clover Park | $757,667 | $616 | 4.23% |
| Conifer Grove | $911,429 | $605 | 3.45% |
| Drury | $1,131,848 | $686 | 3.15% |
| East Tamaki | $1,175,000 | $696 | 3.08% |
| Favona | $804,800 | $640 | 4.14% |
| Goodwood Heights | $967,250 | $678 | 3.65% |
| Karaka | $979,571 | $681 | 3.61% |
| Mangere | $819,688 | $603 | 3.83% |
| Mangere Bridge | $853,511 | $651 | 3.97% |
| Mangere East | $820,542 | $630 | 3.99% |
| Manurewa | $944,664 | $621 | 3.42% |
| Manurewa East | $871,667 | $625 | 3.73% |
| Opaheke | $869,333 | $617 | 3.69% |
| Otahuhu | $769,500 | $607 | 4.10% |
| Otara | $750,700 | $579 | 4.01% |
| Papakura | $880,358 | $623 | 3.68% |
| Papatoetoe | $1,008,945 | $644 | 3.32% |
| Randwick Park | $740,122 | $603 | 4.23% |
| Rosehill | $755,296 | $648 | 4.46% |
| Takanini | $900,195 | $645 | 3.72% |
| The Gardens | $938,000 | $718 | 3.98% |
| Totara Heights | $910,125 | $692 | 3.95% |
| Wattle Downs | $954,833 | $643 | 3.50% |
| Weymouth | $1,623,500 | $638 | 2.04% |
West Auckland
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Avondale | $900,589 | $659 | 3.80% |
| Blockhouse Bay | $1,172,452 | $673 | 2.99% |
| Glen Eden | $859,595 | $606 | 3.66% |
| Glendene | $868,422 | $612 | 3.66% |
| Green Bay | $1,013,200 | $649 | 3.33% |
| Henderson | $902,643 | $604 | 3.48% |
| Hobsonville | $1,383,727 | $731 | 2.75% |
| Kelston | $975,500 | $618 | 3.29% |
| Massey | $878,807 | $614 | 3.64% |
| New Lynn | $942,889 | $621 | 3.43% |
| Ranui | $811,292 | $585 | 3.75% |
| Sunnyvale | $813,050 | $613 | 3.92% |
| Swanson | $935,000 | $654 | 3.64% |
| Te Atatu Peninsula | $1,072,275 | $639 | 3.10% |
| Te Atatu South | $955,644 | $624 | 3.40% |
| Titirangi | $945,857 | $643 | 3.53% |
| West Harbour | $989,049 | $627 | 3.30% |
| Westgate | $858,200 | $718 | 4.35% |
Source: Barfoot & Thompson analysis of its tenancies as of 31 May 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.