August 2023 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 | $1,040,351 | $651 | 3.25% |
Central Auckland
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Auckland Central | $1,167,000 | $1,039.91 | 4.63% |
Central Auckland East
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Sandringham | $1,383,200 | $695.57 | 2.61% |
| Greenlane | $1,444,000 | $735.94 | 2.65% |
| Royal Oak | $1,267,857 | $748.13 | 3.07% |
| Hillsborough | $1,037,000 | $685.70 | 3.44% |
| Epsom | $1,671,708 | $797.50 | 2.48% |
| New Windsor | $1,093,962 | $616.51 | 2.93% |
| Mount Eden | $1,604,469 | $764.58 | 2.48% |
| Onehunga | $971,000 | $670.77 | 3.59% |
| Mount Roskill | $897,372 | $638.91 | 3.70% |
Central Auckland West
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Westmere | $2,451,667 | $946.67 | 2.01% |
| Kingsland | $1,347,500 | $783.59 | 3.02% |
| Ponsonby | $1,571,667 | $1,009.76 | 3.34% |
| Waterview | $1,011,000 | $656.00 | 3.37% |
| Grey Lynn | $1,982,600 | $831.43 | 2.18% |
| Mount Albert | $1,131,333 | $655.48 | 3.01% |
Eastern Suburbs
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Meadowbank | $1,280,000 | $794.50 | 3.23% |
| Mission Bay | $1,316,667 | $837.41 | 3.31% |
| Saint Johns | $1,100,000 | $730.92 | 3.46% |
| Stonefields | $1,348,750 | $835.13 | 3.22% |
| Parnell | $2,220,000 | $874.09 | 2.05% |
| Kohimarama | $2,196,833 | $970.00 | 2.30% |
| Ellerslie | $1,172,188 | $695.27 | 3.08% |
| Panmure | $994,300 | $637.00 | 3.33% |
| Glendowie | $1,448,571 | $792.12 | 2.84% |
| Glen Innes | $1,141,857 | $677.43 | 3.08% |
| Remuera | $1,742,508 | $808.24 | 2.41% |
| Saint Heliers | $1,771,824 | $846.34 | 2.48% |
| Mount Wellington | $950,855 | $651.60 | 3.56% |
Franklin/Manukau Rural
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Pokeno | $879,667 | $629.85 | 3.72% |
| Tuakau | $816,389 | $530.19 | 3.38% |
| Waiuku | $786,650 | $533.81 | 3.53% |
| Pukekohe | $792,674 | $551.65 | 3.62% |
North Shore
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Campbells Bay | $1,268,333 | $771.25 | 3.16% |
| Rothesay Bay | $1,232,000 | $766.82 | 3.24% |
| Bayswater | $1,287,000 | $735.71 | 2.97% |
| Murrays Bay | $1,438,000 | $696.88 | 2.52% |
| Mairangi Bay | $1,119,500 | $726.83 | 3.38% |
| Milford | $1,343,981 | $701.43 | 2.71% |
| Beach Haven | $932,571 | $617.19 | 3.44% |
| Takapuna | $1,445,475 | $762.74 | 2.74% |
| Hillcrest | $1,103,188 | $678.09 | 3.20% |
| Unsworth Heights | $1,060,510 | $661.56 | 3.24% |
| Northcote | $1,074,227 | $644.63 | 3.12% |
| Sunnynook | $1,107,762 | $641.02 | 3.01% |
| Birkenhead | $1,141,083 | $668.44 | 3.05% |
| Devonport | $1,457,923 | $842.70 | 3.01% |
| Bayview | $934,078 | $630.38 | 3.51% |
| Forrest Hill | $1,136,015 | $700.00 | 3.20% |
| Browns Bay | $1,043,925 | $668.58 | 3.33% |
| Albany | $1,010,154 | $678.44 | 3.49% |
| Torbay | $1,051,636 | $670.02 | 3.31% |
| Glenfield | $974,812 | $632.13 | 3.37% |
Pakuranga/Howick
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Farm Cove | $1,525,333 | $641.33 | 2.19% |
| Cockle Bay | $1,149,750 | $667.33 | 3.02% |
| Beachlands | $1,500,750 | $765.91 | 2.65% |
| Eastern Beach | $2,074,800 | $683.20 | 1.71% |
| Golflands | $998,000 | $668.75 | 3.48% |
| Northpark | $1,240,400 | $693.50 | 2.91% |
| Highland Park | $1,261,583 | $614.22 | 2.53% |
| Botany Downs | $1,148,686 | $663.08 | 3.00% |
| Bucklands Beach | $1,703,250 | $664.59 | 2.03% |
| Half Moon Bay | $1,314,150 | $652.32 | 2.58% |
| Pakuranga Heights | $999,717 | $620.00 | 3.22% |
| Howick | $1,111,447 | $635.47 | 2.97% |
| Pakuranga | $1,097,421 | $620.46 | 2.94% |
| Flat Bush | $885,800 | $657.55 | 3.86% |
Rodney
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Huapai | $1,195,000 | $668.75 | 2.91% |
| Kumeu | $1,238,000 | $630.53 | 2.65% |
| Helensville | $806,000 | $587.81 | 3.79% |
| Manly | $1,338,400 | $646.00 | 2.51% |
| Warkworth | $946,899 | $610.44 | 3.35% |
| Red Beach | $1,005,800 | $654.78 | 3.39% |
| Gulf Harbour | $960,357 | $647.27 | 3.50% |
| Stanmore Bay | $860,727 | $605.15 | 3.66% |
| Silverdale | $960,214 | $680.62 | 3.69% |
| Orewa | $1,104,833 | $653.25 | 3.07% |
South Auckland
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Conifer Grove | $898,167 | $593.18 | 3.43% |
| Weymouth | $723,167 | $607.92 | 4.37% |
| East Tamaki | $1,138,250 | $674.50 | 3.08% |
| Favona | $756,500 | $604.29 | 4.15% |
| Mangere Bridge | $1,098,500 | $628.62 | 2.98% |
| Clover Park | $790,200 | $592.63 | 3.90% |
| Otahuhu | $1,188,800 | $588.10 | 2.57% |
| Karaka | $1,657,417 | $659.38 | 2.07% |
| Mangere | $870,286 | $589.42 | 3.52% |
| Drury | $997,222 | $693.33 | 3.62% |
| Clendon Park | $713,700 | $571.83 | 4.17% |
| Wattle Downs | $919,583 | $629.26 | 3.56% |
| Randwick Park | $764,340 | $575.67 | 3.92% |
| Mangere East | $817,184 | $613.71 | 3.91% |
| Takanini | $807,857 | $607.50 | 3.91% |
| Manurewa | $816,425 | $595.61 | 3.79% |
| Papakura | $766,079 | $590.51 | 4.01% |
| Papatoetoe | $979,087 | $615.39 | 3.27% |
West Auckland
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Laingholm | $866,333 | $576.25 | 3.46% |
| Kelston | $842,000 | $587.73 | 3.63% |
| Titirangi | $1,010,000 | $626.00 | 3.22% |
| Sunnyvale | $736,500 | $582.93 | 4.12% |
| Glendene | $903,582 | $596.67 | 3.43% |
| Westgate | $964,750 | $682.69 | 3.68% |
| West Harbour | $979,962 | $611.17 | 3.24% |
| Ranui | $686,929 | $567.16 | 4.29% |
| Te Atatu Peninsula | $1,048,417 | $618.53 | 3.07% |
| Blockhouse Bay | $945,524 | $643.60 | 3.54% |
| Hobsonville | $1,010,039 | $709.19 | 3.65% |
| Henderson | $849,308 | $577.99 | 3.54% |
| Te Atatu South | $887,125 | $601.48 | 3.53% |
| Glen Eden | $878,297 | $578.61 | 3.43% |
| New Lynn | $910,876 | $591.46 | 3.38% |
| Avondale | $964,519 | $634.69 | 3.42% |
| Massey | $853,522 | $597.65 | 3.64% |
Source: Barfoot & Thompson analysis of its tenancies as of 31 August 2023 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.