October 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  $1,135,042  $634 2.9%

Central Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
City Centre  $1,887,571  $1,017 2.8%

Central Auckland East

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Epsom  $2,314,167  $783 1.8%
Greenlane  $1,691,875  $713 2.2%
Hillsborough  $1,160,000  $658 2.9%
Lynfield  $1,213,333  $620 2.7%
Mount Eden  $1,710,727  $761 2.3%
Mount Roskill  $1,065,182  $614 3.0%
New Windsor  $1,050,000  $608 3.0%
Onehunga  $1,122,853  $657 3.0%
Royal Oak  $1,668,188  $722 2.2%
Sandringham  $1,290,500  $668 2.7%
Three Kings  $1,596,571  $697 2.3%

Central Auckland West

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Grey Lynn  $2,242,270  $815 1.9%
Mount Albert  $1,366,765  $643 2.4%

Eastern Suburbs

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Ellerslie  $1,403,262  $677 2.5%
Glendowie  $1,682,857  $759 2.3%
Mission Bay  $1,424,000  $786 2.9%
Mount Wellington  $1,157,781  $623 2.8%
Panmure  $1,238,025  $623 2.6%
Parnell  $1,491,000  $854 3.0%
Point England  $1,425,000  $611 2.2%
Remuera  $2,116,667  $808 2.0%
Saint Heliers  $2,055,225  $830 2.1%

Franklin/Manukau Rural

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Pukekohe  $893,978  $532 3.1%
Tuakau  $990,529  $504 2.6%
Waiuku  $821,758  $518 3.3%

North Shore

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Albany  $1,097,904  $661 3.1%
Bayview  $1,085,000  $610 2.9%
Beach Haven  $1,001,250  $593 3.1%
Birkdale  $976,727  $600 3.2%
Birkenhead  $1,008,615  $657 3.4%
Browns Bay  $1,216,824  $651 2.8%
Devonport  $1,988,000  $813 2.1%
Forrest Hill  $1,339,528  $675 2.6%
Glenfield  $1,042,358  $607 3.0%
Hillcrest  $1,028,250  $654 3.3%
Milford  $1,617,667  $693 2.2%
Murrays Bay  $1,254,400  $679 2.8%
Northcote  $1,265,500  $638 2.6%
Sunnynook  $1,367,125  $625 2.4%
Takapuna  $1,216,073  $734 3.1%
Torbay  $1,152,259  $646 2.9%
Unsworth Heights  $1,047,375  $639 3.2%

Pakuranga/Howick

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Beachlands  $1,298,574  $759 3.0%
Botany Downs  $1,113,093  $639 3.0%
Bucklands Beach  $1,499,000  $646 2.2%
Burswood  $1,305,000  $637 2.5%
Cockle Bay  $1,082,000  $641 3.1%
Dannemora  $1,297,250  $689 2.8%
East Tamaki Heights  $1,323,333  $664 2.6%
Farm Cove  $1,005,500  $634 3.3%
Flat Bush  $1,000,411  $636 3.3%
Half Moon Bay  $1,398,000  $620 2.3%
Highland Park  $1,076,929  $600 2.9%
Howick  $1,151,167  $621 2.8%
Northpark  $1,305,267  $663 2.6%
Pakuranga  $1,166,714  $595 2.7%

Rodney

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Gulf Harbour  $906,700  $628 3.6%
Helensville  $958,000  $585 3.2%
Manly  $1,038,750  $633 3.2%
Orewa  $1,470,400  $634 2.2%
Red Beach  $1,376,425  $626 2.4%
Silverdale  $1,181,250  $656 2.9%
Stanmore Bay  $940,965  $585 3.2%
Warkworth  $1,245,000  $599 2.5%

South Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Clendon Park  $777,706  $546 3.6%
Clover Park  $856,667  $565 3.4%
Conifer Grove  $984,750  $591 3.1%
Favona  $860,611  $566 3.4%
Goodwood Heights  $1,048,250  $615 3.1%
Karaka  $1,458,551  $651 2.3%
Mangere  $1,043,875  $572 2.8%
Mangere Bridge  $1,342,500  $621 2.4%
Mangere East  $932,928  $591 3.3%
Manurewa  $887,065  $575 3.4%
Otahuhu  $884,714  $579 3.4%
Otara  $740,000  $535 3.8%
Papakura  $898,704  $570 3.3%
Papatoetoe  $941,580  $600 3.3%
Randwick Park  $833,786  $562 3.5%
Takanini  $891,500  $587 3.4%
Wattle Downs  $1,072,667  $614 3.0%
Weymouth  $834,235  $592 3.7%

West Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Avondale  $1,116,912  $609 2.8%
Blockhouse Bay  $1,241,045  $611 2.6%
Glen Eden  $900,087  $565 3.3%
Glendene  $942,556  $579 3.2%
Green Bay  $1,204,083  $592 2.6%
Henderson  $909,704  $569 3.3%
Hobsonville  $1,167,500  $690 3.1%
Kelston  $871,667  $581 3.5%
Massey  $966,612  $575 3.1%
New Lynn  $928,536  $572 3.2%
Ranui  $867,375  $558 3.3%
Sunnyvale  $960,988  $568 3.1%
Te Atatu Peninsula  $1,133,267  $611 2.8%
Te Atatu South  $1,077,333  $593 2.9%
Titirangi  $1,119,000  $600 2.8%
West Harbour  $1,265,063  $604 2.5%
Whenuapai  $1,358,750  $665 2.5%

Source: Barfoot & Thompson analysis of its tenancies as of 31 October 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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