December 2021 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	$1,270,059	$616	2.5%

Central Auckland

Suburb	Average sale price (3 bdrm)	Average rent per week (3 bdrm)	Gross yield
Auckland Central	$1,461,600	$960	3.4%

Central Auckland East

Suburb	Average sale price (3 bdrm)	Average rent per week (3 bdrm)	Gross yield
Epsom	$1,930,518	$778	2.1%
Greenlane	$1,850,600	$691	1.9%
Hillsborough	$1,365,714	$617	2.4%
Mount Eden	$2,108,861	$760	1.9%
Mount Roskill	$1,391,410	$603	2.3%
New Windsor	$1,464,500	$597	2.1%
One Tree Hill	$1,253,500	$673	2.8%
Onehunga	$1,853,389	$645	1.8%
Royal Oak	$1,921,875	$714	1.9%
Sandringham	$2,194,250	$651	1.5%
Three Kings	$1,550,250	$686	2.3%

Central Auckland West

Suburb	Average sale price (3 bdrm)	Average rent per week (3 bdrm)	Gross yield
Grey Lynn	$2,093,667	$777	1.9%
Herne Bay	$2,478,750	$954	2.0%
Morningside	$1,081,071	$582	2.8%
Mount Albert	$1,761,444	$632	1.9%

Eastern Suburbs

Suburb	Average sale price (3 bdrm)	Average rent per week (3 bdrm)	Gross yield
Ellerslie	$1,500,688	$679	2.4%
Glen Innes	$1,689,333	$635	2.0%
Glendowie	$2,083,429	$778	1.9%
Mount Wellington	$1,595,405	$612	2.0%
Panmure	$1,462,500	$608	2.2%
Parnell	$1,759,824	$842	2.5%
Point England	$1,242,500	$621	2.6%
Remuera	$2,259,367	$798	1.8%
Saint Heliers	$1,962,194	$817	2.2%
Saint Johns	$1,265,250	$713	2.9%

Franklin/Manukau Rural

Suburb	Average sale price (3 bdrm)	Average rent per week (3 bdrm)	Gross yield
Pukekohe	$868,301	$504	3.0%
Tuakau	$809,719	$478	3.1%
Waiuku	$953,024	$489	2.7%

North Shore

Suburb	Average sale price (3 bdrm)	Average rent per week (3 bdrm)	Gross yield
Albany	$1,071,452	$629	3.1%
Bayview	$1,172,250	$607	2.7%
Beach Haven	$1,031,840	$570	2.9%
Birkdale	$1,232,071	$576	2.4%
Birkenhead	$1,188,920	$638	2.8%
Browns Bay	$1,453,192	$631	2.3%
Castor Bay	$1,946,000	$700	1.9%
Devonport	$2,253,300	$821	1.9%
Forrest Hill	$1,681,222	$655	2.0%
Glenfield	$1,166,352	$596	2.7%
Greenhithe	$1,205,000	$725	3.1%
Hillcrest	$1,204,125	$635	2.7%
Mairangi Bay	$1,933,125	$709	1.9%
Milford	$1,692,833	$667	2.0%
Murrays Bay	$1,942,000	$661	1.8%
Northcote	$1,204,500	$626	2.7%
Sunnynook	$1,383,929	$622	2.3%
Takapuna	$2,393,000	$749	1.6%
Torbay	$1,312,350	$634	2.5%
Unsworth Heights	$1,316,571	$624	2.5%

Pakuranga/Howick

Suburb	Average sale price (3 bdrm)	Average rent per week (3 bdrm)	Gross yield
Beachlands	$1,437,833	$695	2.5%
Botany Downs	$1,416,613	$625	2.3%
Bucklands Beach	$2,006,526	$617	1.6%
Cockle Bay	$1,480,200	$625	2.2%
Dannemora	$ 1,482,143	$669	2.3%
East Tamaki Heights	$1,589,000	$630	2.1%
Flat Bush	$977,654	$621	3.3%
Half Moon Bay	$1,348,000	$601	2.3%
Highland Park	$1,300,375	$585	2.3%
Howick	$1,243,964	$614	2.6%
Northpark	$1,397,909	$650	2.4%
Pakuranga	$1,328,250	$578	2.3%

Rodney

Suburb	Average sale price (3 bdrm)	Average rent per week (3 bdrm)	Gross yield
Gulf Harbour	$1,018,500	$592	3.0%
Manly	$1,065,714	$596	2.9%
Orewa	$1,201,000	$613	2.7%
Red Beach	$1,263,000	$601	2.5%
Silverdale	$1,155,583	$627	2.8%
Stanmore Bay	$1,017,650	$572	2.9%
Warkworth	$1,107,700	$572	2.7%

South Auckland

Suburb	Average sale price (3 bdrm)	Average rent per week (3 bdrm)	Gross yield
Clendon Park	$870,862	$513	3.1%
Clover Park	$915,615	$551	3.1%
Conifer Grove	$971,000	$580	3.1%
Karaka	$827,727	$646	4.1%
Mangere	$1,143,916	$563	2.6%
Mangere Bridge	$1,825,000	$601	1.7%
Mangere East	$924,615	$576	3.2%
Manurewa	$1,020,224	$546	2.8%
Otahuhu	$1,205,000	$554	2.4%
Otara	$1,084,219	$518	2.5%
Papakura	$1,025,115	$544	2.8%
Papatoetoe	$1,159,398	$574	2.6%
Randwick Park	$938,214	$534	3.0%
Takanini	$917,383	$569	3.2%
The Gardens	$1,187,750	$664	2.9%
Wattle Downs	$1,085,456	$589	2.8%
Weymouth	$1,014,386	$561	2.9%

West Auckland

Suburb	Average sale price (3 bdrm)	Average rent per week (3 bdrm)	Gross yield
Avondale	$1,280,943	$594	2.4%
Blockhouse Bay	$1,346,893	$591	2.3%
Glen Eden	$991,246	$537	2.8%
Glendene	$1,123,556	$551	2.6%
Green Bay	$1,522,500	$587	2.0%
Henderson	$1,171,575	$551	2.4%
Hobsonville	$1,218,909	$697	3.0%
Kelston	$1,075,179	$549	2.7%
Massey	$1,132,888	$557	2.6%
New Lynn	$1,141,343	$554	2.5%
Ranui	$890,907	$537	3.1%
Sunnyvale	$964,679	$551	3.0%
Te Atatu Peninsula	$1,445,065	$590	2.1%
Te Atatu South	$1,291,075	$569	2.3%
Titirangi	$1,310,238	$604	2.4%
West Harbour	$1,339,357	$598	2.3%

Source: Barfoot & Thompson analysis of its tenancies as at end of December 2021 and it's 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 not included. Due to a database change, the grouping of the properties that Barfoot and Thompson manage have changed slightly from the reports in the past. Any enquiries in regards to this data should be forwarded to gcampbell@barfoot.co.nz