April 2015 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 2015.

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 bdrm) Average rent per week (3 bdrm) Gross yield
Auckland average $758,960 $486 3.33%

Central Auckland

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Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Auckland Central $761,629 $863 5.89%

Central Suburbs

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Avondale - Auckland $694,988 $449 3.36%
Blockhouse Bay $844,197 $474 2.92%
Epsom $1,296,105 $654 2.62%
Freemans Bay $1,076,250 $694 3.35%
Grafton $721,550 $696 5.02%
Greenlane $969,682 $553 2.96%
Grey Lynn $1,153,250 $663 2.99%
Herne Bay $1,550,200 $801 2.69%
Hillsborough - Auckland City $876,592 $492 2.92%
Lynfield $748,500 $461 3.20%
Mt Albert $926,950 $492 2.76%
Mt Eden $1,263,019 $642 2.64%
Mt Roskill $830,030 $458 2.87%
New Windsor $752,233 $457 3.16%
Newmarket $775,000 $765 5.13%
One Tree Hill $826,409 $529 3.33%
Onehunga $794,719 $524 3.43%
Ponsonby $1,425,824 $775 2.83%
Point Chevalier $1,092,857 $587 2.79%
Royal Oak $972,625 $507 2.71%
Sandringham $1,049,950 $530 2.62%
Three Kings $914,650 $538 3.06%
Waterview $794,544 $546 3.57%
Westmere  $1,451,750  $740  2.65% 

Eastern Suburbs

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Ellerslie $904,118 $526 3.02%
Glen Innes $858,796 $518 3.14%
Glendowie $1,081,581 $653 3.14%
Kohimarama $919,167 $698 3.95%
Meadowbank $1,086,636 $596 2.85%
Mission Bay $1,322,722 $683 2.68%
Mt Wellington $702,694 $461 3.41%
Panmure $628,091 $468 3.87%
Parnell $1,014,850 $721 3.69%
Point England $674,286 $541 4.17%
Remuera $1,184,557 $674 2.96%
St Heliers $1,281,366 $689 2.79%
St Johns $739,300 $500 3.51%

Franklin/Manukau Rural

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Pukekohe $566,332 $386 3.54%
Tuakau $514,185 $358 3.62%
Waiuku $425,692 $358 4.37%

North Shore

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Albany $768,846 $529 3.57%
Beach Haven $708,713 $465 3.41%
Birkdale $613,854 $449 3.80%
Birkenhead $754,237 $519 3.58%
Browns Bay $773,485 $523 3.51%
Castor Bay $953,857 $565 3.08%
Dairy Flat $2,082,500 $524 1.31%
Devonport $1,234,553 $649 2.73%
Forrest Hill $932,368 $535 2.98%
Glenfield $682,964 $466 3.55%
Greenhithe $973,000 $662 3.54%
Mairangi Bay $1,147,737 $562 2.55%
Milford $1,273,670 $574 2.35%
Murrays Bay $1,027,700 $538 2.72%
Northcote Point $1,037,500 $563 2.82%
Rothesay Bay $803,714 $592 3.83%
Sunnynook $795,444 $512 3.35%
Takapuna $1,031,906 $632 3.19%
Torbay $742,277 $512 3.58%

Pakuranga/Howick

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Beachlands $780,167 $453 3.02%
Bucklands Beach $925,938 $494 2.78%
Cockle Bay $831,000 $475 2.97%
Dannemora $779,296 $540 3.60%
Highland Park $768,429 $454 3.07%
Howick $805,684 $492 3.18%
Maraetai $847,000 $491 3.02%
Northpark $799,571 $526 3.42%
Pakuranga $723,342 $458 3.29%

Rodney

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Arkles Bay $624,744 $485 4.04%
Army Bay $748,750 $472 3.28%
Gulf Harbour $556,111 $448 4.19%
Helensville $643,308 $381 3.08%
Kumeu $2,034,688 $505 1.29%
Manly $599,471 $468 4.06%
Orewa $686,864 $491 3.71%
Red Beach $718,813 $479 3.47%
Stanmore Bay $635,250 $463 3.79%
Waimauku $965,000 $425 2.29%
Warkworth $734,683 $420 2.97%

South Auckland

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Alfriston $630,000 $454 3.75%
Clendon Park $387,600 $409 5.48%
Conifer Grove $533,864 $430 4.19%
Favona $434,750 $394 4.72%
Flat Bush $545,094 $479 4.56%
Mangere $494,594 $405 4.26%
Mangere Bridge $771,182 $456 3.07%
Manukau Central $546,250 $424 4.04%
Manurewa $457,199 $396 4.50%
Otahuhu $531,458 $410 4.01%
Otara $403,446 $416 5.36%
Papakura $439,110 $381 4.51%
Papatoetoe $609,651 $418 3.57%
Takanini $734,429 $420 2.98%
Wattle Downs $522,625 $442 4.40%
Weymouth $426,462 $407 4.96%

West Auckland

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Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Glen Eden $589,327 $415 3.66%
Glendene $606,341 $423 3.63%
Green Bay $723,000 $424 3.05%
Henderson $556,647 $443 4.13%
Kelston $579,780 $410 3.68%
Massey $566,535 $437 4.01%
New Lynn $640,625 $428 3.48%
Ranui $513,483 $418 4.24%
Royal Heights $641,368 $474 3.84%
Sunnyvale $515,118 $417 4.21%
Swanson $628,833 $454 3.75%
Te Atatu South $671,612 $458 3.55%
Te Atatu Peninsula $726,397 $470 3.37%
Te Atatu South $671,612 $439 3.40%
Titirangi $696,912 $488 3.64%
Waitakere $643,583 $493 3.98%
West Harbour $717,825 $475 3.44%

Source: Barfoot & Thompson analysis of its new and current tenancies as at 1 May 2015 and its sales over the last six months to beginning of May 2015 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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