January 2024 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 | $1,049,392 | $668.00 | 3.31% |
Central Auckland
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| City Centre | $1,183,286 | $1,036.43 | 4.55% |
Central Auckland East
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Epsom | $1,504,278 | $813.10 | 2.81% |
| Greenlane | $1,488,250 | $748.52 | 2.62% |
| Hillsborough | $1,065,800 | $690.79 | 3.37% |
| Lynfield | $1,078,000 | $659.35 | 3.18% |
| Mount Eden | $1,738,750 | $772.30 | 2.31% |
| Mount Roskill | $1,150,480 | $649.38 | 2.94% |
| New Windsor | $1,294,857 | $635.00 | 2.55% |
| One Tree Hill | $1,640,333 | $715.48 | 2.27% |
| Onehunga | $1,190,591 | $681.31 | 2.98% |
| Royal Oak | $1,378,750 | $736.07 | 2.78% |
| Sandringham | $1,394,279 | $707.50 | 2.64% |
| Three Kings | $1,122,214 | $782.29 | 3.62% |
Central Auckland West
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Freemans Bay | $1,691,667 | $995.83 | 3.06% |
| Grey Lynn | $2,111,333 | $871.11 | 2.15% |
| Mount Albert | $1,187,222 | $664.65 | 2.91% |
| Westmere | $1,743,333 | $953.85 | 2.85% |
Eastern Suburbs
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Ellerslie | $1,189,667 | $727.29 | 3.18% |
| Glen Innes | $1,117,944 | $682.21 | 3.17% |
| Glendowie | $1,557,753 | $806.69 | 2.69% |
| Kohimarama | $1,858,333 | $949.17 | 2.66% |
| Meadowbank | $1,424,167 | $824.41 | 3.01% |
| Mission Bay | $1,648,000 | $830.18 | 2.62% |
| Mount Wellington | $987,700 | $665.33 | 3.50% |
| Orakei | $1,810,167 | $853.65 | 2.45% |
| Panmure | $929,100 | $641.64 | 3.59% |
| Parnell | $1,792,500 | $847.70 | 2.46% |
| Remuera | $1,570,182 | $841.05 | 2.79% |
| Saint Heliers | $1,729,429 | $861.45 | 2.59% |
| Saint Johns | $1,340,714 | $752.21 | 2.92% |
| Stonefields | $1,399,000 | $848.60 | 3.15% |
Franklin/Manukau Rural
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Pokeno | $896,500 | $642.73 | 3.73% |
| Pukekohe | $836,155 | $565.21 | 3.52% |
| Tuakau | $806,333 | $543.07 | 3.50% |
| Waiuku | $808,611 | $541.56 | 3.48% |
North Shore
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Albany | $1,055,694 | $691.15 | 3.40% |
| Bayswater | $1,346,250 | $762.14 | 2.94% |
| Bayview | $916,429 | $645.00 | 3.66% |
| Beach Haven | $905,857 | $628.53 | 3.61% |
| Belmont | $1,275,800 | $779.44 | 3.18% |
| Birkdale | $1,047,500 | $601.96 | 2.99% |
| Birkenhead | $1,073,600 | $681.82 | 3.30% |
| Browns Bay | $1,075,286 | $691.27 | 3.34% |
| Devonport | $1,662,364 | $850.41 | 2.66% |
| Forrest Hill | $1,273,692 | $712.14 | 2.91% |
| Glenfield | $1,011,390 | $636.75 | 3.27% |
| Hillcrest | $1,144,208 | $688.65 | 3.13% |
| Mairangi Bay | $1,146,267 | $750.85 | 3.41% |
| Milford | $1,172,154 | $715.64 | 3.17% |
| Murrays Bay | $1,117,667 | $721.76 | 3.36% |
| Northcote | $1,089,467 | $655.61 | 3.13% |
| Rothesay Bay | $1,582,950 | $760.00 | 2.50% |
| Sunnynook | $1,122,583 | $650.78 | 3.01% |
| Takapuna | $1,454,583 | $781.74 | 2.79% |
| Torbay | $1,103,000 | $679.32 | 3.20% |
| Unsworth Heights | $1,177,750 | $667.07 | 2.95% |
Pakuranga/Howick
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Beachlands | $1,315,500 | $778.57 | 3.08% |
| Botany Downs | $1,249,500 | $678.13 | 2.82% |
| Bucklands Beach | $1,597,500 | $677.42 | 2.21% |
| Cockle Bay | $1,369,750 | $683.13 | 2.59% |
| Farm Cove | $1,103,333 | $635.38 | 2.99% |
| Flat Bush | $902,318 | $677.52 | 3.90% |
| Golflands | $1,022,500 | $690.59 | 3.51% |
| Half Moon Bay | $1,350,000 | $665.56 | 2.56% |
| Highland Park | $1,167,563 | $641.25 | 2.86% |
| Howick | $1,169,417 | $656.91 | 2.92% |
| Pakuranga | $1,021,926 | $635.59 | 3.23% |
| Pakuranga Heights | $1,038,167 | $635.61 | 3.18% |
| Sunnyhills | $1,388,637 | $688.75 | 2.58% |
Rodney
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Gulf Harbour | $746,000 | $660.00 | 4.60% |
| Helensville | $922,500 | $597.50 | 3.37% |
| Huapai | $1,083,750 | $676.25 | 3.24% |
| Kumeu | $959,345 | $644.64 | 3.49% |
| Manly | $1,165,500 | $643.25 | 2.87% |
| Orewa | $1,165,000 | $661.36 | 2.95% |
| Red Beach | $985,545 | $658.33 | 3.47% |
| Silverdale | $1,103,833 | $691.00 | 3.26% |
| Stanmore Bay | $884,233 | $612.94 | 3.60% |
| Warkworth | $1,048,750 | $627.56 | 3.11% |
South Auckland
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Clendon Park | $730,393 | $579.79 | 4.13% |
| Clover Park | $761,556 | $602.43 | 4.11% |
| Conifer Grove | $825,167 | $599.50 | 3.78% |
| Drury | $780,833 | $694.00 | 4.62% |
| Favona | $801,000 | $614.71 | 3.99% |
| Karaka | $1,177,333 | $668.75 | 2.95% |
| Mangere | $827,475 | $595.66 | 3.74% |
| Mangere Bridge | $928,933 | $641.18 | 3.59% |
| Mangere East | $834,360 | $625.14 | 3.90% |
| Manurewa | $858,853 | $610.42 | 3.70% |
| Opaheke | $847,500 | $606.67 | 3.72% |
| Otahuhu | $961,833 | $603.47 | 3.26% |
| Otara | $729,167 | $571.33 | 4.07% |
| Pahurehure | $881,750 | $630.00 | 3.72% |
| Papakura | $825,782 | $611.31 | 3.85% |
| Papatoetoe | $976,025 | $630.98 | 3.36% |
| Randwick Park | $722,814 | $588.09 | 4.23% |
| Red Hill | $729,000 | $653.33 | 4.66% |
| Takanini | $874,308 | $632.56 | 3.76% |
| The Gardens | $1,061,667 | $712.73 | 3.49% |
| Wattle Downs | $919,889 | $644.69 | 3.64% |
| Weymouth | $815,958 | $619.19 | 3.95% |
West Auckland
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Avondale | $969,243 | $652.86 | 3.50% |
| Blockhouse Bay | $1,088,193 | $654.63 | 3.13% |
| Glen Eden | $879,797 | $588.33 | 3.48% |
| Glendene | $851,420 | $605.69 | 3.70% |
| Henderson | $898,017 | $592.18 | 3.43% |
| Hobsonville | $1,187,814 | $722.67 | 3.16% |
| Massey | $885,530 | $604.06 | 3.55% |
| New Lynn | $914,889 | $609.97 | 3.47% |
| Ranui | $851,833 | $582.73 | 3.56% |
| Sunnyvale | $882,850 | $603.50 | 3.55% |
| Swanson | $924,886 | $650.00 | 3.65% |
| Te Atatu Peninsula | $996,808 | $631.41 | 3.29% |
| Te Atatu South | $949,005 | $612.03 | 3.35% |
| Titirangi | $918,083 | $635.23 | 3.60% |
| West Harbour | $1,005,878 | $622.33 | 3.22% |
| Westgate | $935,782 | $702.08 | 3.90% |
Source: Barfoot & Thompson analysis of its tenancies as of 31 January 2024 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.