February 2023 Rental report

The average rent for different-sized Auckland properties for February 2023.

Average weekly rent received across Auckland

           
Number of bedrooms  1 2 3 4 5+
Central Auckland $416 $598 $931 $800 $1,150
Central Auckland East $419 $546 $686 $865 $1,115
Central Auckland West $478 $580 $786 $873 $1,211
Eastern Suburbs $430 $577 $734 $940 $1,193
Franklin/Manukau Rural $375 $442 $539 $631 $704
North Shore $449 $542 $667 $806 $996
Pakuranga/Howick $412 $528 $643 $770 $912
Rodney $378 $521 $618 $752 $873
South Auckland $362 $472 $589 $696 $809
West Auckland $400 $508 $592 $706 $852
Auckland Average $417 $535 $639 $772 $943

 

Number of rental properties by number of rooms

           
Number of bedrooms 1 2 3 4 5+
Central Auckland 535 426 63 7 1
Central Auckland East 272 701 713 367 115
Central Auckland West 96 258 226 78 26
Eastern Suburbs 224 637 667 336 93
Franklin/Manukau Rural 30 174 519 318 49
North Shore 134 598 925 515 156
Pakuranga/Howick 21 265 583 441 208
Rodney 45 288 422 317 88
South Auckland 194 617 1093 460 153
West Auckland 132 596 1204 411 111
Grand total 1716 4729 6676 3422 1051
 
 
 
 
 
 
 
 

Source: Barfoot & Thompson analysis of its tenancies as of 28 February 2023 and its sales over the last six months for three-bedroom properties. Gross yield is calculated using the 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.

Disclaimer: This report is intended for general information purposes only. This report and the information contained herein is under no circumstances intended to be used or considered as legal, financial or investment advice. Barfoot & Thompson does not warrant the accuracy, reliability or completeness of the information provided in this report and does not accept liability for any omissions, inaccuracies or losses incurred, either directly or indirectly, by any person arising from or in connection with the supply, use or misuse of the whole or any part of this report. When referring to this report or any information contained herein, you must cite Barfoot & Thompson as the source of the information. Barfoot & Thompson reserves the right to request that you immediately withdraw from publication any document that fails to cite Barfoot & Thompson as the source. Except as expressly contemplated, you must not copy, reproduce, modify, or distribute any of the contents of the report without the prior written permission of Barfoot & Thompson.

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