February 2017 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 February 2017.
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
Please scroll data
| Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield | |
|---|---|---|---|
| Auckland average | $940,188 | $531 | 2.96% |
Central Auckland
Please scroll data
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Auckland Central | $1,069,339 | $899 | 4.39% |
Central Suburbs
Please scroll data
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Avondale | $863,821 | $491 | 2.97% |
| Blockhouse Bay | $974,880 | $516 | 2.77% |
| Epsom | $1,781,938 | $701 | 2.06% |
| Freemans Bay | $1,423,750 | $656 | 2.41% |
| Greenlane | $1,346,667 | $627 | 2.43% |
| Grey Lynn | $1,390,625 | $741 | 2.78% |
| Mt Albert | $1,086,333 | $537 | 2.58% |
| Mt Eden | $1,564,823 | $691 | 2.31% |
| Mt Roskill | $925,465 | $519 | 2.93% |
| New Windsor | $973,700 | $510 | 2.73% |
| One Tree Hill | $1,232,235 | $576 | 2.44% |
| Onehunga | $1,046,450 | $579 | 2.89% |
| Ponsonby | $1,513,714 | $852 | 2.94% |
| Pt Chevalier | $1,513,714 | $660 | 2.28% |
| Royal Oak | $1,210,800 | $565 | 2.44% |
| Sandringham | $1,375,861 | $584 | 2.22% |
| Three Kings | $1,162,333 | $601 | 2.70% |
| Three Kings | $1,081,375 | $603 | 2.91% |
| Westmere | $1,365,400 | $700 | 2.68% |
Eastern Suburbs
Please scroll data
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Ellerslie | $1,096,222 | $576 | 2.74% |
| Glen Innes | $1,016,542 | $553 | 2.84% |
| Glendowie | $1,584,722 | $641 | 2.11% |
| Meadowbank | $1,220,500 | $646 | 2.76% |
| Mt Wellington | $1,009,119 | $519 | 2.69% |
| Panmure | $1,175,900 | $518 | 2.30% |
| Parnell | $1,780,625 | $760 | 2.23% |
| Pt England | $1,126,500 | $538 | 2.49% |
| Remuera | $1,447,958 | $744 | 2.68% |
| St Heliers | $1,555,125 | $730 | 2.45% |
| St Johns | $1,351,250 | $585 | 2.26% |
Franklin/Manukau Rural
Please scroll data
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Pukekohe | $805,177 | $431 | 2.80% |
| Tuakau | $551,350 | $394 | 3.74% |
| Waiuku | $595,300 | $420 | 3.69% |
North Shore
Please scroll data
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Albany | $945,611 | $577 | 3.19% |
| Beach Haven | $879,292 | $518 | 3.08% |
| Birkdale | $764,994 | $492 | 3.36% |
| Birkenhead | $1,069,267 | $555 | 2.71% |
| Browns Bay | $960,364 | $552 | 3.00% |
| Castor Bay | $1,767,000 | $619 | 1.83% |
| Devonport | $1,349,000 | $692 | 2.68% |
| Forrest Hill | $985,583 | $580 | 3.08% |
| Glenfield | $859,187 | $506 | 3.08% |
| Greenhithe | $1,266,250 | $601 | 2.48% |
| Mairangi Bay | $1,267,050 | $607 | 2.50% |
| Milford | $1,462,600 | $634 | 2.26% |
| Murrays Bay | $1,360,500 | $581 | 2.23% |
| Sunnynook | $1,008,563 | $554 | 2.87% |
| Takapuna | $1,190,471 | $633 | 2.78% |
| Torbay | $934,636 | $555 | 3.10% |
Pakuranga/Howick
Please scroll data
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Beachlands | $1,598,333 | $571 | 1.87% |
| Bucklands Beach | $1,127,167 | $522 | 2.42% |
| Dannemora | $942,000 | $592 | 3.29% |
| Half Moon Bay | $959,972 | $525 | 2.86% |
| Howick | $894,550 | $533 | 3.11% |
| Maraetai | $1,166,590 | $515 | 2.31% |
| Northpark | $1,040,513 | $575 | 2.89% |
| Pakuranga | $1,097,158 | $495 | 2.36% |
Rodney
Please scroll data
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Arkles Bay | $772,143 | $508 | 3.44% |
| Gulf Harbour | $805,111 | $487 | 3.16% |
| Helensville | $814,000 | $442 | 2.84% |
| Manly | $752,889 | $522 | 3.63% |
| Orewa | $938,357 | $529 | 2.95% |
| Red Beach | $861,056 | $533 | 3.24% |
| Stanmore Bay | $788,895 | $492 | 3.26% |
| Warkworth | $1,283,875 | $480 | 1.96% |
South Auckland
Please scroll data
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Clendon Park | $558,400 | $439 | 4.10% |
| Favona | $652,583 | $466 | 3.73% |
| Flat Bush | $765,714 | $528 | 3.60% |
| Mangere | $645,955 | $463 | 3.75% |
| Mangere Bridge | $917,500 | $485 | 2.76% |
| Manurewa | $637,567 | $453 | 3.71% |
| Otahuhu | $954,292 | $460 | 2.52% |
| Otara | $590,389 | $455 | 4.02% |
| Papakura | $633,517 | $451 | 3.72% |
| Papatoetoe | $760,058 | $474 | 3.26% |
| Takanini | $668,250 | $493 | 3.86% |
| The Gardens | $925,375 | $577 | 3.26% |
| Totara Heights | $686,600 | $496 | 3.78% |
| Wattle Downs | $683,423 | $521 | 3.99% |
| Weymouth | $676,400 | $456 | 3.53% |
West Auckland
Please scroll data
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Glen Eden | $708,549 | $456 | 3.37% |
| Glendene | $750,464 | $477 | 3.32% |
| Henderson | $760,510 | $476 | 3.27% |
| Hobsonville | $811,195 | $582 | 3.75% |
| Kelston | $727,000 | $477 | 3.43% |
| Massey | $735,808 | $459 | 3.26% |
| New Lynn | $748,240 | $478 | 3.33% |
| Ranui | $645,854 | $452 | 3.66% |
| Royal Heights | $806,438 | $514 | 3.33% |
| Sunnyvale | $716,067 | $472 | 3.44% |
| Swanson | $793,364 | $443 | 2.92% |
| Te Atatu Peninsula | $902,905 | $501 | 2.90% |
| Te Atatu South | $869,571 | $485 | 2.91% |
| Titirangi | $848,850 | $541 | 3.33% |
| Waitakere | $823,750 | $471 | 2.99% |
| West Harbour | $882,235 | $502 | 2.98% |
Source: Barfoot & Thompson analysis of its new and current tenancies as at 1 March 2017 and its sales over the last six months to beginning of March 2017 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.