April 2018 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 in April 2018.

Compare to last month's figures

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

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Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Auckland average $929,937 $554 3.10%

Central Auckland

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
City Centre $1,056,111 $961 4.76%

Central Suburbs

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Avondale $870,363 $517 3.10%
Blockhouse Bay $928,650 $537 3.02%
Epsom $1,685,120 $714 2.21%
Greenlane $1,315,292 $643 2.56%
Grey Lynn $1,496,246 $756 2.64%
Hillsborough $966,625 $548 2.96%
Lynfield $992,100 $554 2.92%
Mt Albert $1,122,571 $565 2.63%
Mt Eden $1,432,200 $737 2.69%
Mt Roskill $908,070 $546 3.14%
New Windsor $927,143 $547 3.08%
Newmarket $1,026,325 $791 4.03%
One Tree Hill $1,110,600 $611 2.87%
Onehunga $933,281 $599 3.35%
Ponsonby $1,856,429 $870 2.45%
Royal Oak $1,200,474 $608 2.64%
Sandringham $1,198,708 $615 2.68%
Three Kings $979,125 $647 3.45%
Waterview $980,000 $562 3.00%
Westmere $2,205,000 $768 1.82%

Eastern Suburbs

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Point England $882,500 $562 3.33%
Panmure $848,000 $536 3.30%
Parnell $1,299,375 $799 3.21%
Ellerslie $1,081,444 $608 2.94%
Kohimarama $1,389,375 $759 2.86%
St Johns $1,079,750 $588 2.85%
Glen Innes $1,065,125 $569 2.79%
Meadowbank $1,279,438 $667 2.72%
Mt Wellington $1,096,341 $546 2.60%
St Heliers $1,596,071 $749 2.45%
Remuera $1,675,697 $747 2.33%
Glendowie $1,534,214 $663 2.26%

Franklin/Manukau Rural

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Tuakau $592,618 $402 3.54%
Waiuku $644,166 $439 3.56%
Pukekohe $638,239 $442 3.62%

North Shore

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Albany $975,813 $595 3.19%
Bayswater $1,480,750 $653 2.30%
Beach Haven $817,888 $537 3.43%
Belmont $1,054,000 $683 3.39%
Birkdale $763,273 $518 3.54%
Birkenhead $1,098,233 $579 2.75%
Browns Bay $950,150 $568 3.12%
Devonport $1,478,533 $791 2.79%
Forrest Hill $1,035,750 $602 3.04%
Glenfield $844,358 $537 3.33%
Greenhithe $1,339,500 $653 2.55%
Mairangi Bay $1,119,400 $637 2.97%
Milford $1,330,550 $637 2.50%
Murrays Bay $1,691,697 $612 1.89%
Rothesay Bay $1,137,400 $658 3.02%
Sunnynook $1,039,000 $568 2.85%
Takapuna $1,605,429 $683 2.22%
Torbay $919,545 $563 3.20%

Pakuranga/Howick

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Maraetai $1,173,000 $528 2.35%
Bucklands Beach $1,106,825 $544 2.57%
Pakuranga $934,385 $515 2.88%
Howick $957,360 $551 3.01%
Half Moon Bay $937,825 $541 3.01%
Northpark $1,022,222 $592 3.03%
Beachlands $1,012,400 $604 3.11%
Dannemora $966,833 $603 3.26%

Rodney

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Kumeu $1,571,750 $548 1.82%
Manly $927,000 $532 3.00%
Warkworth $894,000 $519 3.04%
Orewa $914,455 $551 3.15%
Red Beach $836,125 $549 3.43%
Silverdale $944,750 $637 3.52%
Gulf Harbour $750,250 $521 3.63%
Helensville $663,083 $471 3.71%
Stanmore Bay $702,250 $514 3.82%

South Auckland

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Mangere Bridge $849,400 $506 3.11%
Otahuhu $740,188 $484 3.41%
Takanini $776,046 $509 3.43%
The Gardens $892,000 $586 3.43%
Papatoetoe $764,646 $508 3.47%
Flat Bush $805,819 $537 3.48%
Weymouth $644,300 $479 3.88%
Wattle Downs $697,429 $523 3.92%
Papakura $619,487 $466 3.93%
Mangere $643,315 $495 4.02%
Alfriston $624,700 $500 4.19%
Manurewa $592,237 $479 4.22%
Otara $513,722 $476 4.84%

West Auckland

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Hobsonville $1,676,250 $633 1.97%
Green Bay $985,250 $528 2.80%
Te Atatu Peninsula $925,332 $521 2.94%
Sunnyvale $772,668 $467 3.16%
West Harbour $836,344 $535 3.34%
Swanson $758,000 $503 3.47%
Te Atatu South $755,839 $503 3.48%
Massey $705,756 $476 3.53%
Glen Eden $713,056 $483 3.54%
Titirangi $827,650 $562 3.55%
New Lynn $741,377 $506 3.56%
Glendene $704,067 $485 3.60%
Royal Heights $721,270 $501 3.63%
Kelston $699,857 $489 3.65%
Ranui $644,437 $468 3.80%
Laingholm $773,500 $566 3.83%
Henderson $681,435 $500 3.84%

Source: Barfoot & Thompson analysis of its new and current tenancies as at 1 May 2018 and its sales over the last six months to beginning of May 2018 for three bedroom properties. 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. Excludes Northland and Commercial. Three bedroom homes were chosen for the analysis as they represent the sized house most commonly bought and sold.

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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