November 2017 rental report
Find out how the average rent for different-sized Auckland properties has changed over the past year.
- Auckland average rents have increased $24 per week, or 4.7%, in the 12 months since December 2016.
- Rodney, Central Auckland and West Auckland have seen the largest percentage increases in rent over the last 12 months, with increases of 5.9%, 5.8% and 5.7% respectively.
- The largest increase in one bedroom properties is seen in Rodney, with an increase of $80 per week in the last 12 months.
- The largest increase in large properties with 5 or more bedrooms was in the Central Suburbs, with $60.
Average weekly rent received across Auckland
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| Number of bedrooms | |||||
|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5+ | |
| Central Auckland | $392 | $555 | $917 | ||
| Central Suburbs | $372 | $485 | $619 | $799 | $1,038 |
| Eastern Suburbs | $377 | $495 | $652 | $872 | $1,117 |
| Franklin/Manukau Rural | $307 | $360 | $433 | $551 | $635 |
| North Shore | $380 | $465 | $585 | $730 | $894 |
| Pakuranga/Howick | $343 | $446 | $548 | $671 | $771 |
| Rodney | $353 | $427 | $523 | $651 | $795 |
| South Auckland | $309 | $398 | $487 | $584 | $710 |
| West Auckland | $327 | $409 | $501 | $606 | $752 |
| Auckland average | $365 | $456 | $548 | $687 | $849 |
Number of rental properties by number of rooms
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| Number of bedrooms | |||||
|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5+ | |
| Central Auckland | 373 | 222 | 22 | ||
| Central Suburbs | 396 | 993 | 1,115 | 483 | 143 |
| Eastern Suburbs | 185 | 564 | 663 | 293 | 83 |
| Franklin/Manukau Rural | 60 | 146 | 449 | 268 | 44 |
| North Shore | 90 | 564 | 936 | 485 | 170 |
| Pakuranga/Howick | 21 | 213 | 479 | 305 | 107 |
| Rodney | 59 | 205 | 461 | 269 | 64 |
| South Auckland | 207 | 652 | 1,281 | 493 | 185 |
| West Auckland | 100 | 405 | 1017 | 329 | 97 |
| Grand total | 1,491 | 3,964 | 6,423 | 2,927 | 897 |
Source: Barfoot & Thompson average tenancies as at 1 January 2018 and Barfoot & Thompson average sales over the last six months to beginning January 2018 for three bedroom properties in Auckland. Yield calculated using average sale price and average rental per week.
For more information, contact a property manager, or to find out how much rent you can achieve, ask for a rental appraisal.