January 2023 Rental report

The average rent for different-sized Auckland properties for January 2023.

Average weekly rent received across Auckland

           
Number of bedrooms  1 2 3 4 5+
Central Auckland $ 413 $ 581 $ 897 $ 876 $ 1,150
Central Auckland East $ 419 $ 544 $ 687 $ 868 $ 1,113
Central Auckland West $ 475 $ 585 $ 783 $ 879 $ 1,192
Eastern Suburbs $ 430 $ 574 $ 731 $ 942 $ 1,197
Franklin/Manukau Rural $ 375 $ 440 $ 538 $ 629 $ 702
North Shore $ 446 $ 541 $ 665 $ 809 $ 993
Pakuranga/Howick $ 414 $ 525 $ 642 $ 769 $ 906
Rodney $ 375 $ 517 $ 618 $ 751 $ 873
South Auckland $ 357 $ 470 $ 588 $ 696 $ 808
West Auckland $ 398 $ 506 $ 592 $ 707 $ 846
Auckland Average $ 415 $ 532 $ 637 $ 772 $ 939

 

Number of rental properties by number of rooms

           
Number of bedrooms 1 2 3 4 5+
Central Auckland 536 420 59 9 1
Central Auckland East 267 708 716 364 111
Central Auckland West 96 253 233 79 26
Eastern Suburbs 224 631 665 333 91
Franklin/Manukau Rural 30 170 521 316 48
North Shore 134 598 937 515 154
Pakuranga/Howick 21 264 578 436 201
Rodney 45 283 414 315 88
South Auckland 187 591 1076 457 153
West Auckland 130 573 1159 400 110
Grand total 1709 4692 6655 3396 1035
 
 
 
 
 
 
 
 

Source: Barfoot & Thompson analysis of its tenancies as of 31 January 2023 and its sales over the last six months for three-bedroom properties. Gross yield is calculated using the 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.

Disclaimer: This report is intended for general information purposes only. This report and the information contained herein is under no circumstances intended to be used or considered as legal, financial or investment advice. Barfoot & Thompson does not warrant the accuracy, reliability or completeness of the information provided in this report and does not accept liability for any omissions, inaccuracies or losses incurred, either directly or indirectly, by any person arising from or in connection with the supply, use or misuse of the whole or any part of this report. When referring to this report or any information contained herein, you must cite Barfoot & Thompson as the source of the information. Barfoot & Thompson reserves the right to request that you immediately withdraw from publication any document that fails to cite Barfoot & Thompson as the source. Except as expressly contemplated, you must not copy, reproduce, modify, or distribute any of the contents of the report without the prior written permission of Barfoot & Thompson.

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