September 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 $1,037,070  $687 3.45%

Central Auckland

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Auckland Central $642,556 $1,072 8.68%

Central Auckland East

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Epsom $1,504,063 $817 2.83%
Greenlane $1,434,500 $769 2.79%
Hillsborough $1,109,438 $705 3.30%
Lynfield $1,180,210 $667 2.94%
Mount Eden $1,613,326 $799 2.57%
Mount Roskill $1,070,147 $674 3.27%
New Windsor $1,129,800 $648 2.98%
One Tree Hill $1,252,133 $736 3.06%
Onehunga $1,131,369 $708 3.25%
Royal Oak $1,029,500 $741 3.74%
Sandringham $1,157,643 $714 3.21%
Three Kings $1,096,863 $801 3.80%

Central Auckland West

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Grey Lynn $1,849,600 $885 2.49%
Kingsland $1,363,125 $752 2.87%
Mount Albert $1,268,133 $674 2.76%
Ponsonby $1,946,479 $993 2.65%
Waterview $967,200 $700 3.76%

Eastern Suburbs

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Ellerslie $1,128,222 $735 3.39%
Glen Innes $1,319,455 $690 2.72%
Glendowie $1,366,450 $818 3.11%
Kohimarama $1,975,000 $940 2.48%
Meadowbank $1,743,933 $812 2.42%
Mission Bay $1,483,333 $851 2.98%
Mount Wellington $1,024,438 $679 3.45%
Newmarket $1,032,000 $849 4.28%
Orakei $1,606,250 $871 2.82%
Panmure $991,000 $649 3.41%
Parnell $596,800 $845 7.36%
Point England $1,093,000 $684 3.25%
Remuera $2,144,177 $833 2.02%
Saint Heliers $1,587,269 $ 864 2.83%
Stonefields $1,435,000 $868 3.14%
Wai O Taiki Bay $1,170,000 $776 3.45%

Franklin/Manukau Rural

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Paerata $986,000 $517 2.72%
Pokeno $1,211,571 $659 2.83%
Pukekohe $785,046 $589 3.90%
Tuakau $920,429 $563 3.18%
Waiuku $753,444 $564 3.89%

North Shore

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Albany $1,038,912 $716 3.58%
Bayview $902,857 $663 3.82%
Beach Haven $911,343 $644 3.67%
Birkdale $ 1,117,235 $635 2.96%
Birkenhead $ 807,000 $688 4.43%
Browns Bay $ 1,077,381 $703 3.39%
Devonport $1,713,625 $871 2.64%
Forrest Hill $1,198,853 $726 3.15%
Glenfield $1,059,101  $660 3.24%
Greenhithe $1,156,500 $799 3.59%
Hillcrest $1,152,391 $702 3.17%
Mairangi Bay $1,516,556 $763 2.62%
Milford $1,246,450 $754 3.14%
Murrays Bay $1,312,857 $735 2.91%
Northcote $957,500 $688 3.73%
Northcote Point $1,305,250 $859 3.42%
Oteha $854,800 $751 4.57%
Pinehill $1,035,000 $765 3.84%
Rothesay Bay $1,505,750 $781 2.70%
Sunnynook $1,076,000 $660 3.19%
Takapuna $1,308,000 $799 3.17%
Torbay $1,117,667 $694 3.23%
Totara Vale $927,786 $666 3.73%
Unsworth Heights $1,039,000 $681 3.41%

Pakuranga/Howick

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Beachlands $1,127,000 $768 3.54%
Botany Downs $1,209,667 $689 2.96%
Bucklands Beach $1,623,688 $705 2.26%
East Tamaki Heights $1,409,167 $720 2.66%
Farm Cove $1,579,000 $672 2.21%
Flat Bush $868,349 $700 4.19%
Golflands $1,062,333 $698 3.42%
Half Moon Bay $1,207,768 $690 2.97%
Highland Park $1,061,875 $647 3.17%
Howick $1,052,969 $675 3.33%
Maraetai $1,566,000 $663 2.20%
Mellons Bay $1,109,333 $726 3.41%
Northpark $1,243,000 $715 2.99%
Pakuranga $1,915,619 $656 1.78%
Pakuranga Heights $1,136,782 $641 2.93%
Sunnyhills $1,205,067 $699 3.02%

Rodney

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Gulf Harbour $905,500 $665 3.82%
Helensville $880,139 $626 3.70%
Huapai $988,333 $697 3.67%
Kumeu $1,267,009 $646 2.65%
Manly $1,129,286 $668 3.08%
Orewa $1,194,357 $676 2.94%
Red Beach $998,464 $670 3.49%
Silverdale $808,333 $720 4.63%
Stanmore Bay $885,983 $639 3.75%
Waimauku $1,110,000 $646 3.03%
Warkworth $862,000 $632 3.81%

South Auckland

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Clendon Park $673,777 $608 4.69%
Clover Park $787,167 $624 4.12%
Drury $1,177,862 $693 3.06%
East Tamaki $1,132,250 $706 3.24%
Favona $765,000 $642 4.36%
Goodwood Heights $867,250 $693 4.16%
Karaka $776,700 $680 4.55%
Mangere $809,083 $607 3.90%
Mangere Bridge $823,750 $670 4.23%
Mangere East  $834,530 $634 3.95%
Manurewa $833,767 $630 3.93%
Manurewa East $1,243,833 $657 2.75%
Opaheke $869,667 $633 3.79%
Otahuhu $1,000,816 $623 3.24%
Otara $714,022 $587 4.28%
Pahurehure $840,700 $681 4.21%
Papakura $801,281 $636 4.13%
Papatoetoe $993,271 $654 3.42%
Randwick Park $742,841 $617 4.32%
Red Hill $885,165 $667 3.92%
Rosehill $843,250 $648 3.99%
Takanini $830,735 $651 4.08%
The Gardens $1,150,735 $725 3.28%
Totara Heights $876,500 $727 4.31%
Wattle Downs $888,929 $640 3.74%
Weymouth $1,515,043 $650 2.23%

West Auckland

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Avondale $895,260 $669 3.89%
Blockhouse Bay $1,285,154 $680 2.75%
Glen Eden $852,063 $617 3.76%
Glendene $900,900 $620 3.58%
Green Bay $1,051,800 $660 3.26%
Henderson $849,422 $618 3.78%
Hobsonville $984,371 $732 3.87%
Kelston $795,214 $622 4.07%
Massey $885,057 $619 3.63%
New Lynn $899,595 $633 3.66%
Ranui $738,871 $588 4.14%
Sunnyvale $830,450 $623 3.90%
Swanson $833,600 $654 4.08%
Te Atatu Peninsula $912,495 $642 3.66%
Te Atatu South $809,707 $635 4.08%
Titirangi $945,455 $649 3.57%
West Harbour $1,015,000 $642 3.29%
Westgate $849,556 $715 4.38%

Source: Barfoot & Thompson analysis of its tenancies as of 30 September 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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