August 2022 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.

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

Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Auckland $1,173,791.00 $631.00 2.8%

Central Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
City Centre $1,525,714.29 $1,026.71 3.5%

Central Auckland East

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Epsom $2,148,500.00 $784.69 1.9%
Greenlane $1,665,000.00 $710.36 2.2%
Hillsborough $1,350,833.33 $655.24 2.5%
Lynfield $1,243,600.00 $617.95 2.6%
Mount Eden $1,673,000.00 $764.04 2.4%
Mount Roskill $1,128,611.28 $612.53 2.8%
New Windsor $1,300,000.00 $605.69 2.4%
One Tree Hill $1,575,000.00 $686.04 2.3%
Onehunga $1,321,500.00 $654.36 2.6%
Royal Oak $1,872,583.33 $719.09 2.0%
Sandringham $1,362,600.00 $668.18 2.5%
Three Kings $1,561,571.43 $689.44 2.3%

Central Auckland West

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Grey Lynn $2,148,816.25 $831.00 2.0%
Mount Albert $1,207,722.00 $641.62 2.8%
Point Chevalier $1,811,600.00 $780.25 2.2%

Eastern Suburbs

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Ellerslie $1,457,131.58 $675.00 2.4%
Glen Innes $1,304,000.00 $647.14 2.6%
Glendowie $1,718,312.50 $751.12 2.3%
Kohimarama $2,495,333.33 $920.00 1.9%
Meadowbank $1,572,500.00 $760.25 2.5%
Mission Bay $1,407,500.00 $786.40 2.9%
Mount Wellington $1,230,625.60 $617.50 2.6%
Panmure $1,103,750.00 $619.32 2.9%
Parnell $1,540,500.00 $849.67 2.9%
Point England $1,482,142.86 $610.00 2.1%
Remuera $2,169,647.06 $805.33 1.9%
Saint Heliers $1,952,000.00 $809.93 2.2%
Saint Johns $1,085,000.00 $723.68 3.5%

Franklin/Manukau Rural

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Pukekohe $913,854.17 $527.60 3.0%
Tuakau $734,540.00 $499.48 3.5%
Waiuku $898,504.69 $511.91 3.0%

North Shore

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Albany $1,141,000.00 $656.48 3.0%
Bayview $1,231,666.67 $612.10 2.6%
Beach Haven $1,155,180.00 $588.36 2.6%
Birkdale $1,043,846.15 $606.46 3.0%
Birkenhead $1,076,307.69 $658.21 3.2%
Browns Bay $1,201,307.69 $648.03 2.8%
Castor Bay $1,650,000.00 $701.11 2.2%
Devonport $1,821,900.00 $814.00 2.3%
Forrest Hill $1,385,323.53 $672.90 2.5%
Glenfield $1,076,806.88 $605.00 2.9%
Greenhithe $1,267,500.00 $767.14 3.1%
Hillcrest $1,235,800.00 $655.00 2.8%
Long Bay $1,190,500.00 $799.00 3.5%
Mairangi Bay $1,633,000.00 $712.75 2.3%
Milford $1,682,888.89 $694.76 2.1%
Murrays Bay $1,292,428.57 $680.31 2.7%
Northcote $1,240,285.71 $638.53 2.7%
Pinehill $1,114,333.33 $712.00 3.3%
Sunnynook $1,326,642.86 $626.15 2.5%
Takapuna $1,405,670.88 $731.30 2.7%
Torbay $1,157,724.95 $639.92 2.9%
Unsworth Heights $1,047,375.00 $633.33 3.1%

Pakuranga/Howick

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Beachlands $1,397,438.50 $740.59 2.8%
Botany Downs $1,232,266.67 $634.86 2.7%
Bucklands Beach $1,478,755.56 $634.52 2.2%
Burswood $1,330,000.00 $637.00 2.5%
Dannemora $1,367,250.00 $681.90 2.6%
East Tamaki Heights $1,323,333.33 $665.33 2.6%
Farm Cove $1,032,333.33 $629.23 3.2%
Flat Bush $1,020,861.11 $635.21 3.2%
Half Moon Bay $1,437,550.00 $621.21 2.2%
Highland Park $1,133,312.50 $602.19 2.8%
Howick $1,197,125.00 $619.44 2.7%
Northpark $1,298,133.33 $662.73 2.7%
Pakuranga $1,042,000.00 $589.18 2.9%
Somerville $1,393,666.67 $675.50 2.5%

Rodney

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Gulf Harbour $1,005,863.64 $621.36 3.2%
Helensville $986,600.00 $581.25 3.1%
Manly $1,110,333.33 $627.37 2.9%
Orewa $1,302,500.00 $627.67 2.5%
Red Beach $1,462,333.33 $617.88 2.2%
Silverdale $1,343,666.67 $646.50 2.5%
Stanmore Bay $1,027,072.00 $583.58 3.0%
Warkworth $1,087,000.00 $594.87 2.8%

South Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Clendon Park $784,066.67 $532.42 3.5%
Clover Park $904,000.00 $563.33 3.2%
Conifer Grove $1,034,937.50 $575.00 2.9%
Favona $860,579.71 $565.28 3.4%
Goodwood Heights $1,073,166.67 $628.00 3.0%
Karaka $1,343,130.43 $644.29 2.5%
Mangere $1,019,166.67 $571.39 2.9%
Mangere Bridge $1,300,000.00 $619.00 2.5%
Mangere East $923,888.89 $585.38 3.3%
Manurewa $928,833.29 $570.23 3.2%
Otahuhu $915,333.33 $571.85 3.2%
Otara $939,333.33 $529.33 2.9%
Papakura $891,641.69 $565.00 3.3%
Papatoetoe $987,164.62 $594.92 3.1%
Randwick Park $865,033.33 $561.94 3.4%
Takanini $898,564.77 $582.78 3.4%
Wattle Downs $1,067,000.00 $614.07 3.0%
Weymouth $846,916.67 $585.90 3.6%

West Auckland

Suburb Average sale price (3 bdrm) Average rent per week (3 bdrm) Gross yield
Avondale $1,215,823.72 $607.79 2.6%
Blockhouse Bay $1,244,875.00 $607.11 2.5%
Glen Eden $883,671.43 $559.95 3.3%
Glendene $982,555.56 $573.25 3.0%
Green Bay $1,236,875.00 $596.67 2.5%
Henderson $956,202.04 $566.37 3.1%
Hobsonville $1,258,257.14 $692.13 2.9%
Kelston $911,317.88 $577.95 3.3%
Massey $995,499.11 $573.17 3.0%
New Lynn $989,310.34 $567.68 3.0%
Ranui $861,909.09 $554.88 3.3%
Sunnyvale $978,569.53 $562.56 3.0%
Swanson $1,120,000.00 $612.73 2.8%
Te Atatu Peninsula $1,113,764.71 $608.10 2.8%
Te Atatu South $1,111,652.17 $582.84 2.7%
Titirangi $1,149,818.18 $598.82 2.7%
West Harbour $1,189,842.11 $599.13 2.6%
Whenuapai $1,265,000.00 $670.00 2.8%

Source: Barfoot & Thompson analysis of its tenancies as of 31 August 2022 and its sales over the last six months for three-bedroom properties. Gross 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. 

For more information contact a property manager or to find out how much rent you can achieve, ask for a rental appraisal.

Not subscribed to our landlords' newsletter, the Property Management Insider? Sign up now