November 2022 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 $1,173,791 $636 2.8%

Central Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
City Centre $1,695,500 $999 3.1%

Central Auckland East

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Epsom $2,260,625 $783 1.8%
Greenlane $1,394,375 $710 2.6%
Hillsborough $1,189,250 $660 2.9%
Lynfield $1,152,000 $627 2.8%
Mount Eden $1,709,545 $764 2.3%
Mount Roskill $1,057,500 $617 3.0%
New Windsor $1,101,600 $612 2.9%
One Tree Hill $1,730,000 $687 2.1%
Onehunga $1,131,567 $656 3.0%
Royal Oak $1,558,389 $714 2.4%
Sandringham $1,349,667 $669 2.6%
Three Kings $1,618,000 $720 2.3%

Central Auckland West

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Grey Lynn $2,310,527 $823 1.9%
Mount Albert $1,303,861 $642 2.6%
Point Chevalier $1,447,500 $779 2.8%

Eastern Suburbs

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Ellerslie $1,394,595 $678 2.5%
Glen Innes $1,247,333 $656 2.7%
Glendowie $1,729,679 $761 2.3%
Kohimarama $2,800,000 $939 1.7%
Meadowbank $1,405,000 $759 2.8%
Mission Bay $1,603,333 $796 2.6%
Mount Wellington $1,155,133 $623 2.8%
Panmure $1,140,525 $624 2.8%
Parnell $1,491,000 $843 2.9%
Point England $1,313,750 $611 2.4%
Remuera $2,225,929 $812 1.9%
Saint Heliers $2,141,238 $828 2.0%
Saint Johns $1,085,000 $719 3.4%

Franklin/Manukau Rural

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Pukekohe $890,987 $534 3.1%
Tuakau $1,024,671 $506 2.6%
Waiuku $854,058 $522 3.2%

North Shore

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Albany $1,083,551 $661 3.2%
Bayview $928,333 $615 3.4%
Beach Haven $1,047,333 $592 2.9%
Birkdale $878,611 $599 3.5%
Birkenhead $1,005,700 $656 3.4%
Browns Bay $1,173,000 $647 2.9%
Devonport $2,089,833 $814 2.0%
Forrest Hill $1,317,882 $677 2.7%
Glenfield $1,056,550 $610 3.0%
Hillcrest $1,023,933 $653 3.3%
Long Bay $1,212,000 $798 3.4%
Milford $1,646,167 $694 2.2%
Northcote $1,094,000 $637 3.0%
Sunnynook $1,278,357 $626 2.5%
Takapuna $1,120,267 $754 3.5%
Torbay $1,140,921 $650 3.0%
Unsworth Heights $1,049,900 $638 3.2%

Pakuranga/Howick

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Beachlands $1,532,741 $737 2.5%
Botany Downs $1,084,884 $640 3.1%
Bucklands Beach $1,429,027 $643 2.3%
Burswood $1,305,000 $643 2.6%
Cockle Bay $1,082,000 $650 3.1%
Dannemora $1,297,250 $690 2.8%
East Tamaki Heights $1,304,000 $664 2.6%
Farm Cove $1,005,500 $634 3.3%
Flat Bush $1,001,981 $635 3.3%
Half Moon Bay $1,442,500 $623 2.2%
Highland Park $1,053,364 $600 3.0%
Howick $1,188,091 $621 2.7%
Northpark $1,355,200 $663 2.5%
Pakuranga $1,176,750 $597 2.6%
Somerville $1,174,100 $672 3.0%

Rodney

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Gulf Harbour $942,750 $629 3.5%
Helensville $829,714 $586 3.7%
Manly $999,000 $641 3.3%
Orewa $1,546,750 $635 2.1%
Red Beach $1,181,600 $625 2.7%
Silverdale $1,172,273 $655 2.9%
Stanmore Bay $927,700 $587 3.3%
Warkworth $1,201,000 $596 2.6%

South Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Clendon Park $798,467 $548 3.6%
Clover Park $858,750 $564 3.4%
Conifer Grove $984,750 $591 3.1%
Favona $860,624 $566 3.4%
Goodwood Heights $959,000 $617 3.3%
Karaka $1,772,826 $652 1.9%
Mangere $1,046,000 $572 2.8%
Mangere Bridge $1,290,000 $622 2.5%
Mangere East $907,112 $596 3.4%
Manurewa $837,000 $576 3.6%
Otahuhu $945,309 $579 3.2%
Otara $705,000 $537 4.0%
Papakura $865,239 $574 3.4%
Papatoetoe $894,809 $601 3.5%
Randwick Park $853,050 $562 3.4%
Takanini $888,500 $593 3.5%
Wattle Downs $1,013,813 $615 3.2%
Weymouth $876,714 $591 3.5%

West Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Avondale $1,081,572 $607 2.9%
Blockhouse Bay $1,157,864 $613 2.8%
Glen Eden $884,385 $564 3.3%
Glendene $970,375 $580 3.1%
Green Bay $1,196,400 $597 2.6%
Henderson $907,764 $569 3.3%
Hobsonville $1,180,048 $693 3.1%
Kelston $841,250 $582 3.6%
Massey $937,566 $575 3.2%
New Lynn $900,231 $574 3.3%
Ranui $821,200 $561 3.6%
Sunnyvale $937,215 $568 3.2%
Swanson $1,126,000 $617 2.8%
Te Atatu Peninsula $1,139,895 $612 2.8%
Te Atatu South $1,055,318 $594 2.9%
Titirangi $1,098,167 $601 2.8%
West Harbour $1,212,200 $603 2.6%
Whenuapai $1,325,000 $668 2.6%

Source: Barfoot & Thompson analysis of its tenancies as of 30 November 2022 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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