May 2023 Rental report

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

Average weekly rent received across Auckland

           
Number of bedrooms  1 2 3 4 5+
Central Auckland $425 $606 $934 $776 $1,025
Central Auckland East $420 $552 $693 $873 $1,113
Central Auckland West $483 $588 $781 $894 $1,211
Eastern Suburbs $436 $583 $738 $941 $1,181
Franklin/Manukau Rural $380 $446 $546 $641 $712
North Shore $453 $549 $673 $812 $994
Pakuranga/Howick $427 $534 $648 $776 $917
Rodney $390 $527 $623 $756 $886
South Auckland $366 $476 $595 $702 $821
West Auckland $406 $512 $597 $717 $851
Auckland Average $423 $540 $644 $778 $943

 

Number of rental properties by number of rooms

           
Number of bedrooms 1 2 3 4 5+
Central Auckland 535 426 65 7 2
Central Auckland East 267 719 720 377 111
Central Auckland West 92 262 220 78 25
Eastern Suburbs 225 634 690 346 92
Franklin/Manukau Rural 30 172 519 317 48
North Shore 130 604 943 502 154
Pakuranga/Howick 25 266 588 442 209
Rodney 50 299 422 336 95
South Auckland 193 616 1,082 455 149
West Auckland 133 610 1,205 414 113
Auckland Average 1,718 4,839 6,810 3,491 1,057
 
 
 
 
 
 
 
 

Source: Barfoot & Thompson analysis of its tenancies as of 31 May 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.

Not subscribed to our landlords' newsletter, the Property Management Insider? Sign up now