September 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 $1,159,923 $633 2.8%

Central Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
City Centre  $1,589,167  $1,029 3.4%

Central Auckland East

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Epsom  $2,351,429  $787 1.7%
Greenlane  $1,657,222  $712 2.2%
Hillsborough  $1,242,500  $656 2.7%
Lynfield  $1,170,000  $618 2.7%
Mount Eden  $1,765,778  $764 2.3%
Mount Roskill  $1,115,834  $615 2.9%
Onehunga  $1,146,382  $655 3.0%
Royal Oak  $1,770,786  $723 2.1%
Sandringham  $1,362,600  $670 2.6%
Three Kings  $1,561,571  $693 2.3%

Central Auckland West

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Grey Lynn  $2,151,816  $821 2.0%
Mount Albert  $1,350,111  $642 2.5%
Point Chevalier  $1,881,600  $780 2.2%

Eastern Suburbs

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Ellerslie  $1,423,605  $678 2.5%
Glen Innes  $1,323,750  $642 2.5%
Glendowie  $1,658,125  $759 2.4%
Mission Bay  $1,415,833  $785 2.9%
Mount Wellington  $1,141,149  $619 2.8%
Panmure  $1,279,275  $621 2.5%
Parnell  $1,717,000  $855 2.6%
Point England  $1,432,857  $611 2.2%
Remuera  $2,196,250  $807 1.9%
Saint Heliers  $2,059,444  $817 2.1%

Franklin/Manukau Rural

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Pukekohe  $899,435  $529 3.1%
Tuakau  $1,035,288  $501 2.5%
Waiuku  $902,621  $514 3.0%

North Shore

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Albany  $1,114,098  $655 3.1%
Bayview  $1,124,000  $612 2.8%
Beach Haven  $966,500  $595 3.2%
Birkdale  $1,044,500  $598 3.0%
Birkenhead  $1,001,000  $654 3.4%
Browns Bay  $1,244,500  $647 2.7%
Devonport  $1,988,000  $817 2.1%
Forrest Hill  $1,312,763  $673 2.7%
Glenfield  $1,049,479  $604 3.0%
Hillcrest  $1,100,875  $654 3.1%
Milford  $1,596,143  $692 2.3%
Murrays Bay  $1,254,400  $675 2.8%
Northcote  $1,357,400  $639 2.4%
Sunnynook  $1,328,100  $626 2.5%
Takapuna  $1,405,671  $734 2.7%
Torbay  $1,159,272  $641 2.9%
Unsworth Heights  $1,047,375  $634 3.1%

Pakuranga/Howick

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Beachlands  $1,397,439  $753 2.8%
Botany Downs  $1,239,357  $639 2.7%
Bucklands Beach  $1,435,908  $641 2.3%
Dannemora  $1,283,000  $685 2.8%
East Tamaki Heights  $1,323,333  $664 2.6%
Farm Cove  $1,005,500  $634 3.3%
Flat Bush  $1,016,125  $635 3.3%
Half Moon Bay  $1,368,200  $620 2.4%
Highland Park  $1,092,077  $600 2.9%
Howick  $1,185,563  $619 2.7%
Northpark  $1,321,700  $663 2.6%
Pakuranga  $1,043,857  $593 3.0%
Somerville  $1,156,150  $672 3.0%

Rodney

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Gulf Harbour  $903,556  $621 3.6%
Helensville  $986,600  $582 3.1%
Manly  $1,030,000  $633 3.2%
Orewa  $1,561,111  $632 2.1%
Red Beach  $1,391,629  $623 2.3%
Silverdale  $1,206,667  $647 2.8%
Stanmore Bay  $998,013  $584 3.0%
Warkworth  $1,152,000  $596 2.7%

South Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Clendon Park  $786,000  $533 3.5%
Clover Park  $873,333  $565 3.4%
Conifer Grove  $1,042,929  $591 2.9%
Favona  $860,580  $566 3.4%
Goodwood Heights  $1,048,250  $628 3.1%
Karaka  $1,343,130  $651 2.5%
Mangere  $1,050,714  $572 2.8%
Mangere Bridge  $1,342,500  $619 2.4%
Mangere East  $948,816  $591 3.2%
Manurewa  $908,667  $572 3.3%
Otahuhu  $884,714  $573 3.4%
Otara  $780,000  $529 3.5%
Papakura  $904,764  $568 3.3%
Papatoetoe  $964,583  $598 3.2%
Randwick Park  $859,231  $560 3.4%
Takanini  $886,278  $584 3.4%
Wattle Downs  $1,135,000  $619 2.8%
Weymouth  $846,917  $574 3.5%

West Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Avondale  $1,185,663  $607 2.7%
Blockhouse Bay  $1,197,192  $611 2.7%
Glen Eden  $879,864  $564 3.3%
Glendene  $957,875  $578 3.1%
Green Bay  $1,252,900  $590 2.4%
Henderson  $916,868  $567 3.2%
Hobsonville  $1,143,407  $692 3.1%
Kelston  $893,500  $581 3.4%
Massey  $975,518  $575 3.1%
New Lynn  $953,180  $570 3.1%
Ranui  $844,700  $557 3.4%
Sunnyvale  $960,239  $565 3.1%
Te Atatu Peninsula  $1,102,789  $609 2.9%
Te Atatu South  $1,073,050  $586 2.8%
Titirangi  $1,109,286  $600 2.8%
West Harbour  $1,133,813  $604 2.8%
Whenuapai  $1,281,667  $667 2.7%

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