August 2018 rental report
Find out how the average rent for different-sized Auckland properties has changed over the past year.
- Rents in the greater Auckland region continue to increase at a steady pace of 3.5% per annum.
- One and two bedroom properties have seen sharper increases in the past 12 months than properties with more than four bedrooms.
- Eastern suburbs remain the highest priced area for rentals, with Franklin/Manukau rental being the lowest, though Franklin/Manukau are still seeing the greatest gains.
Average weekly rent received across Auckland
Please scroll data
| Number of bedrooms | |||||
|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5+ | |
| Central Auckland | $410 | $566 | $1,103 | $590 | $883 |
| Central Suburbs | $379 | $501 | $636 | $815 | $1,051 |
| Eastern Suburbs | $379 | $512 | $666 | $907 | $1,058 |
| Franklin/Manukau Rural | $310 | $365 | $448 | $559 | $652 |
| North Shore | $396 | $478 | $595 | $737 | $924 |
| Pakuranga/Howick | $345 | $456 | $558 | $678 | $785 |
| Rodney | $346 | $439 | $534 | $666 | $813 |
| South Auckland | $311 | $408 | $499 | $598 | $725 |
| West Auckland | $331 | $425 | $512 | $620 | $751 |
| Auckland average | $371 | $469 | $559 | $696 | $859 |
Number of rental properties by number of rooms
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| Number of bedrooms | |||||
|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5+ | |
| Central Auckland | 387 | 237 | 27 | ||
| Central Suburbs | 402 | 1,041 | 1,117 | 492 | 158 |
| Eastern Suburbs | 202 | 599 | 677 | 307 | 87 |
| Franklin/Manukau Rural | 68 | 181 | 600 | 386 | 55 |
| North Shore | 91 | 561 | 955 | 497 | 190 |
| Pakuranga/Howick | 20 | 220 | 490 | 317 | 107 |
| Rodney | 58 | 224 | 472 | 266 | 80 |
| South Auckland | 201 | 690 | 1,329 | 509 | 197 |
| West Auckland | 109 | 426 | 1,087 | 370 | 101 |
| Grand total | 1,538 | 4,179 | 6,754 | 3,146 | 978 |
Source: Barfoot & Thompson average tenancies as at 1 October 2018 and Barfoot & Thompson average sales over the last six months to beginning October 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.