June 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 | $1,041,749 | $648.00 | 3.23% |
Central Auckland
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| City Centre | $1,443,600 | $1,039.33 | 3.74% |
Central Auckland East
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Greenlane | $1,566,667 | $722.50 | 2.40% |
| Sandringham | $1,490,250 | $679.24 | 2.37% |
| Royal Oak | $1,298,571 | $746.80 | 2.99% |
| Hillsborough | $1,064,571 | $681.59 | 3.33% |
| Onehunga | $946,111 | $665.49 | 3.66% |
| New Windsor | $1,072,150 | $606.83 | 2.94% |
| Mount Eden | $1,608,433 | $759.67 | 2.46% |
| Epsom | $1,731,438 | $788.06 | 2.37% |
| Mount Roskill | $944,658 | $630.68 | 3.47% |
Central Auckland West
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Mount Albert | $ 1,150,000 | $ 645.43 | 2.92% |
| Point Chevalier | $ 1,398,250 | $ 788.10 | 2.93% |
| Grey Lynn | $ 1,642,500 | $ 833.60 | 2.64% |
| Waterview | $ 1,011,000 | $ 645.00 | 3.32% |
| Ponsonby | $ 1,920,000 | $ 1,013.00 | 2.74% |
Eastern Suburbs
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Mission Bay | $1,226,667 | $823.46 | 3.49% |
| Stonefields | $1,378,333 | $832.11 | 3.14% |
| Saint Johns | $1,100,000 | $732.00 | 3.46% |
| Parnell | $1,766,250 | $867.78 | 2.55% |
| Panmure | $920,000 | $634.18 | 3.58% |
| Kohimarama | $2,131,571 | $972.00 | 2.37% |
| Glendowie | $1,379,722 | $790.40 | 2.98% |
| Ellerslie | $1,171,944 | $689.64 | 3.06% |
| Glen Innes | $1,121,800 | $663.55 | 3.08% |
| Saint Heliers | $1,688,833 | $825.32 | 2.54% |
| Remuera | $1,816,318 | $801.39 | 2.29% |
| Mount Wellington | $947,974 | $643.06 | 3.53% |
Franklin/Manukau Rural
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Tuakau | $786,400 | $521.10 | 3.45% |
| Waiuku | $786,789 | $529.18 | 3.50% |
| Pukekohe | $842,514 | $547.32 | 3.38% |
North Shore
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Oteha | $726,671 | $690.00 | 4.94% |
| Birkdale | $1,053,333 | $597.00 | 2.95% |
| Milford | $1,589,296 | $698.76 | 2.29% |
| Hillcrest | $972,333 | $676.50 | 3.62% |
| Rothesay Bay | $1,228,600 | $745.77 | 3.16% |
| Mairangi Bay | $1,159,286 | $724.22 | 3.25% |
| Unsworth Heights | $1,020,443 | $655.45 | 3.34% |
| Takapuna | $1,469,114 | $783.21 | 2.77% |
| Beach Haven | $976,857 | $606.75 | 3.23% |
| Devonport | $1,471,222 | $822.20 | 2.91% |
| Northcote | $1,059,700 | $645.38 | 3.17% |
| Birkenhead | $1,280,727 | $667.20 | 2.71% |
| Sunnynook | $1,133,106 | $638.16 | 2.93% |
| Browns Bay | $1,120,107 | $660.48 | 3.07% |
| Forrest Hill | $1,097,287 | $687.31 | 3.26% |
| Bayview | $909,977 | $633.70 | 3.62% |
| Albany | $1,036,589 | $676.64 | 3.39% |
| Torbay | $1,064,680 | $662.27 | 3.23% |
| Glenfield | $981,271 | $628.68 | 3.33% |
Pakuranga/Howick
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Farm Cove | $1,525,333 | $635.00 | 2.16% |
| Burswood | $1,135,333 | $648.89 | 2.97% |
| Cockle Bay | $1,073,500 | $667.33 | 3.23% |
| Beachlands | $1,500,750 | $759.52 | 2.63% |
| Northpark | $1,240,400 | $683.67 | 2.87% |
| Botany Downs | $1,191,133 | $658.97 | 2.88% |
| Highland Park | $1,179,929 | $602.26 | 2.65% |
| Bucklands Beach | $1,292,250 | $658.17 | 2.65% |
| Pakuranga | $1,131,125 | $612.53 | 2.82% |
| Pakuranga Heights | $997,733 | $618.27 | 3.22% |
| Half Moon Bay | $1,265,100 | $645.00 | 2.65% |
| Flat Bush | $879,625 | $650.41 | 3.84% |
| Howick | $1,014,430 | $632.85 | 3.24% |
Rodney
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Kumeu | $886,667 | $620.16 | 3.64% |
| Red Beach | $1,112,500 | $647.56 | 3.03% |
| Warkworth | $912,373 | $603.72 | 3.44% |
| Helensville | $857,333 | $587.81 | 3.57% |
| Huapai | $1,076,857 | $665.00 | 3.21% |
| Gulf Harbour | $960,357 | $643.41 | 3.48% |
| Stanmore Bay | $847,444 | $598.38 | 3.67% |
| Silverdale | $958,500 | $679.46 | 3.69% |
| Orewa | $1,106,947 | $649.35 | 3.05% |
South Auckland
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Conifer Grove | $895,333 | $593.18 | 3.45% |
| East Tamaki | $1,232,667 | $665.91 | 2.81% |
| Otara | $760,367 | $546.04 | 3.73% |
| Pahurehure | $903,500 | $620.00 | 3.57% |
| Favona | $764,250 | $585.79 | 3.99% |
| Otahuhu | $1,011,000 | $583.89 | 3.00% |
| Karaka | $1,621,500 | $660.71 | 2.12% |
| Drury | $1,195,000 | $682.22 | 2.97% |
| Drury | $1,195,000 | $682.22 | 4.28% |
| Clendon Park | $651,857 | $568.83 | 4.54% |
| Clover Park | $826,286 | $585.14 | 3.68% |
| Wattle Downs | $933,375 | $625.93 | 3.49% |
| Mangere East | $829,200 | $607.65 | 3.81% |
| Mangere | $824,455 | $580.00 | 3.66% |
| Randwick Park | $797,256 | $571.05 | 3.72% |
| Takanini | $817,882 | $600.00 | 3.81% |
| Manurewa | $741,651 | $589.52 | 4.13% |
| Papakura | $777,379 | $586.74 | 3.92% |
| Papatoetoe | $905,550 | $607.79 | 3.49% |
West Auckland
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Kelston | $842,000 | $586.96 | 3.62% |
| Glendene | $883,050 | $588.16 | 3.46% |
| Titirangi | $1,010,000 | $617.38 | 3.18% |
| Westgate | $1,020,200 | $680.00 | 3.47% |
| Sunnyvale | $760,014 | $577.88 | 3.95% |
| West Harbour | $1,007,550 | $612.50 | 3.16% |
| Ranui | $686,929 | $560.60 | 4.24% |
| Te Atatu Peninsula | $1,074,767 | $613.82 | 2.97% |
| New Lynn | $888,269 | $587.99 | 3.44% |
| Hobsonville | $1,015,468 | $698.11 | 3.57% |
| Avondale | $944,551 | $631.85 | 3.48% |
| Te Atatu South | $869,500 | $597.82 | 3.58% |
| Henderson | $859,229 | $574.35 | 3.48% |
| Blockhouse Bay | $968,518 | $629.51 | 3.38% |
| Glen Eden | $844,238 | $569.11 | 3.51% |
| Massey | $863,527 | $593.64 | 3.57% |
Source: Barfoot & Thompson analysis of its tenancies as of 30 June 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.