December 2022 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 $1,119,667 $637 3.0%

Central Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
City Centre $1,629,667 $1,014 3.2%

Central Auckland East

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Epsom $2,124,867 $785 1.9%
Greenlane $1,357,857 $710 2.7%
Hillsborough $1,138,000 $667 3.0%
Lynfield $1,153,333 $626 2.8%
Mount Eden $1,689,231 $757 2.3%
Mount Roskill $1,084,750 $617 3.0%
New Windsor $1,101,600 $611 2.9%
Onehunga $1,054,350 $656 3.2%
Royal Oak $1,443,188 $717 2.6%
Sandringham $1,258,333 $670 2.8%
Three Kings $1,464,556 $722 2.6%

Central Auckland West

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Grey Lynn $2,340,433 $835 1.9%
Mount Albert $1,505,000 $642 2.2%
Point Chevalier $1,433,667 $779 2.8%

Eastern Suburbs

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Ellerslie $1,463,250 $678 2.4%
Glen Innes $1,164,400 $655 2.9%
Glendowie $1,727,905 $754 2.3%
Mission Bay $1,604,000 $793 2.6%
Mount Wellington $1,118,482 $626 2.9%
Panmure $1,140,525 $623 2.8%
Parnell $1,542,500 $844 2.8%
Point England $1,210,000 $627 2.7%
Remuera $2,105,412 $816 2.0%
Saint Heliers $2,133,300 $825 2.0%

Franklin/Manukau Rural

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Pukekohe $883,321 $537 3.2%
Tuakau $1,052,138 $508 2.5%
Waiuku $833,234 $523 3.3%

North Shore

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Albany $1,137,044 $663 3.0%
Bayview $929,167 $619 3.5%
Beach Haven $986,000 $594 3.1%
Birkdale $868,750 $601 3.6%
Birkenhead $999,833 $656 3.4%
Browns Bay $1,184,175 $648 2.8%
Devonport $2,038,850 $809 2.1%
Forrest Hill $1,359,071 $677 2.6%
Glenfield $1,057,800 $612 3.0%
Hillcrest $1,039,206 $654 3.3%
Milford $1,496,222 $696 2.4%
Murrays Bay $1,330,629 $673 2.6%
Northcote $1,038,200 $638 3.2%
Sunnynook $1,214,000 $627 2.7%
Takapuna $1,896,667 $757 2.1%
Torbay $1,149,359 $649 2.9%
Unsworth Heights $1,062,583 $643 3.1%

Pakuranga/Howick

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Beachlands $1,440,500 $738 2.7%
Botany Downs $1,044,863 $645 3.2%
Bucklands Beach $1,382,032 $644 2.4%
Dannemora $1,297,250 $690 2.8%
Farm Cove $1,003,667 $635 3.3%
Flat Bush $1,017,412 $634 3.2%
Half Moon Bay $1,318,333 $624 2.5%
Highland Park $1,068,538 $600 2.9%
Howick $1,179,636 $627 2.8%
Northpark $1,236,500 $664 2.8%
Pakuranga $1,118,000 $597 2.8%

Rodney

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Gulf Harbour $1,065,833 $627 3.1%
Helensville $914,125 $586 3.3%
Manly $1,625,250 $637 2.0%
Orewa $1,392,833 $638 2.4%
Silverdale $1,161,500 $656 2.9%
Stanmore Bay $897,953 $587 3.4%

South Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Clendon Park $803,786 $549 3.6%
Clover Park $821,667 $567 3.6%
Conifer Grove $1,016,000 $585 3.0%
Favona $860,624 $573 3.5%
Goodwood Heights $885,000 $625 3.7%
Mangere $944,400 $573 3.2%
Mangere Bridge $1,290,000 $622 2.5%
Mangere East $898,096 $598 3.5%
Manurewa $811,014 $577 3.7%
Otahuhu $891,630 $582 3.4%
Otara $705,000 $538 4.0%
Papakura $852,626 $577 3.5%
Papatoetoe $877,225 $601 3.6%
Randwick Park $861,864 $564 3.4%
Takanini $889,589 $595 3.5%
Wattle Downs $975,071 $616 3.3%
Weymouth $845,875 $591 3.6%

West Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Avondale $1,045,302 $612 3.0%
Blockhouse Bay $1,132,458 $614 2.8%
Glen Eden $877,449 $564 3.3%
Glendene $974,857 $581 3.1%
Green Bay $1,056,400 $598 2.9%
Henderson $905,617 $571 3.3%
Hobsonville $1,153,389 $696 3.1%
Kelston $841,250 $582 3.6%
Massey $923,303 $575 3.2%
New Lynn $946,920 $575 3.2%
Ranui $834,333 $561 3.5%
Sunnyvale $933,400 $570 3.2%
Te Atatu Peninsula $1,102,529 $615 2.9%
Te Atatu South $981,600 $591 3.1%
Titirangi $1,051,556 $601 3.0%
West Harbour $1,212,400 $607 2.6%
Whenuapai $1,328,750 $668 2.6%

Source: Barfoot & Thompson analysis of its tenancies as of 31 December 2022 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.

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