June 2017 rental report
Find out how the average rent for different-sized Auckland properties has changed over the past year.
- The average weekly rent across the Auckland region has increased $24 in the past year.
- The largest percentage increase is in one bedroom properties, up 5.8% compared with an increase of 4.7% across all property sizes.
- Central Auckland shows the greatest percentage increase of 6.1%, an increase of $33 per week.
Average weekly rent received across Auckland
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Number of bedrooms | |||||
---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5+ | |
Central Auckland | $385 | $555 | $922 | $570 | $671 |
Central Suburbs | $365 | $477 | $608 | $789 | $1,021 |
Eastern Suburbs | $366 | $483 | $655 | $859 | $1,111 |
Franklin/Manukau Rural | $311 | $352 | $424 | $537 | $627 |
North Shore | $375 | $460 | $572 | $713 | $849 |
Pakuranga/Howick | $334 | $437 | $537 | $663 | $768 |
Rodney | $336 | $421 | $514 | $642 | $776 |
South Auckland | $304 | $390 | $479 | $575 | $701 |
West Auckland | $316 | $405 | $488 | $591 | $738 |
Auckland average | $355 | $449 | $538 | $675 | $832 |
Number of rental properties by number of rooms
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Number of bedrooms | |||||
---|---|---|---|---|---|
1 | 2 | 3 | 4 | 5+ | |
Central Auckland | 373 | 215 | 24 | 2 | 4 |
Central Suburbs | 377 | 980 | 1,048 | 468 | 130 |
Eastern Suburbs | 168 | 528 | 608 | 270 | 81 |
Franklin/Manukau Rural | 59 | 142 | 434 | 260 | 41 |
North Shore | 90 | 575 | 916 | 481 | 165 |
Pakuranga/Howick | 20 | 196 | 455 | 302 | 109 |
Rodney | 48 | 197 | 416 | 244 | 62 |
South Auckland | 190 | 622 | 1,262 | 488 | 176 |
West Auckland | 121 | 376 | 972 | 295 | 79 |
Grand total | 1,446 | 3,831 | 6,135 | 2,810 | 847 |
Source: Barfoot & Thompson average tenancies as at 1 July 2017 and Barfoot & Thompson average sales over the last six months to beginning July 2017 for three bedroom properties in Auckland. Yield calculated using average sale price and average rental per week.
For more information, contact a property manager, or to find out how much rent you can achieve, ask for a rental appraisal.