September 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 | $1,035,922.00 | $657.00 | 3.30% |
Central Auckland
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Auckland Central | $1,099,000.00 | $1,039.91 | 4.92% |
Central Auckland East
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Three Kings | $1,062,333.33 | $777.40 | 3.81% |
| Royal Oak | $1,235,000.00 | $751.63 | 3.16% |
| Sandringham | $1,392,666.67 | $693.11 | 2.59% |
| Greenlane | $1,506,428.57 | $739.11 | 2.55% |
| New Windsor | $1,086,666.67 | $615.58 | 2.95% |
| Hillsborough | $1,021,100.00 | $686.02 | 3.49% |
| Epsom | $1,755,545.45 | $798.36 | 2.36% |
| Mount Eden | $1,570,708.33 | $770.55 | 2.55% |
| Onehunga | $963,823.53 | $674.08 | 3.64% |
| Mount Roskill | $931,385.00 | $640.48 | 3.58% |
Central Auckland West
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Kingsland | $1,347,500.00 | $780.83 | 3.01% |
| Waterview | $1,024,000.00 | $656.00 | 3.33% |
| Ponsonby | $1,289,333.33 | $1,016.25 | 4.10% |
| Westmere | $2,338,750.00 | $946.67 | 2.10% |
| Mount Albert | $1,112,166.67 | $658.15 | 3.08% |
| Grey Lynn | $2,062,250.00 | $839.52 | 2.12% |
Eastern Suburbs
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Orakei | $2,023,666.67 | $807.63 | 2.08% |
| Mission Bay | $1,416,500.00 | $834.79 | 3.06% |
| Ellerslie | $1,169,875.00 | $706.78 | 3.14% |
| Kohimarama | $2,356,200.00 | $970.00 | 2.14% |
| Stonefields | $1,359,000.00 | $840.83 | 3.22% |
| Parnell | $2,047,000.00 | $878.48 | 2.23% |
| Saint Johns | $1,109,750.00 | $746.96 | 3.50% |
| Panmure | $1,002,700.00 | $636.98 | 3.30% |
| Glendowie | $1,439,833.33 | $791.22 | 2.86% |
| Glen Innes | $1,108,833.33 | $681.47 | 3.20% |
| Remuera | $1,720,596.08 | $814.95 | 2.46% |
| Saint Heliers | $1,782,150.00 | $853.24 | 2.49% |
| Mount Wellington | $925,017.24 | $654.04 | 3.68% |
Franklin/Manukau Rural
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Pokeno | $887,250.00 | $626.25 | 3.67% |
| Tuakau | $802,576.92 | $533.07 | 3.45% |
| Waiuku | $767,550.00 | $535.16 | 3.63% |
| Pukekohe | $803,608.70 | $554.53 | 3.59% |
North Shore
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Bayswater | $1,346,250.00 | $742.86 | 2.87% |
| Rothesay Bay | $1,232,000.00 | $766.50 | 3.24% |
| Milford | $1,404,400.00 | $703.63 | 2.61% |
| Takapuna | $1,555,400.00 | $768.72 | 2.57% |
| Beach Haven | $950,000.00 | $618.95 | 3.39% |
| Murrays Bay | $1,438,000.00 | $688.57 | 2.49% |
| Mairangi Bay | $1,111,800.00 | $727.70 | 3.40% |
| Unsworth Heights | $1,078,157.14 | $664.67 | 3.21% |
| Northcote | $1,057,642.86 | $648.00 | 3.19% |
| Hillcrest | $1,159,214.29 | $680.65 | 3.05% |
| Devonport | $1,477,100.00 | $837.81 | 2.95% |
| Birkenhead | $1,137,727.27 | $673.33 | 3.08% |
| Sunnynook | $1,109,025.13 | $643.24 | 3.02% |
| Bayview | $931,467.25 | $632.41 | 3.53% |
| Torbay | $1,068,473.68 | $671.20 | 3.27% |
| Forrest Hill | $1,182,238.10 | $698.87 | 3.07% |
| Browns Bay | $1,041,928.57 | $672.50 | 3.36% |
| Albany | $1,019,288 | $681.32 | 3.48% |
| Glenfield | $963,905.13 | $633.36 | 3.42% |
Pakuranga/Howick
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Cockle Bay | $1,219,666.67 | $668.67 | 2.85% |
| Eastern Beach | $2,144,500.00 | $661.33 | 1.60% |
| Golflands | $971,600.00 | $670.00 | 3.59% |
| Beachlands | $1,437,666.67 | $765.91 | 2.77% |
| Highland Park | $1,280,083.33 | $620.81 | 2.52% |
| Bucklands Beach | $1,773,000.00 | $666.58 | 1.95% |
| Botany Downs | $1,162,100.00 | $666.67 | 2.98% |
| Half Moon Bay | $1,550,111.11 | $656.30 | 2.20% |
| Pakuranga Heights | $959,166.67 | $622.98 | 3.38% |
| Pakuranga | $1,086,894.74 | $623.28 | 2.98% |
| Howick | $1,144,266.67 | $638.10 | 2.90% |
| Flat Bush | $906,863.64 | $662.46 | 3.80% |
Rodney
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Warkworth | $934,123.25 | $616.52 | 3.43% |
| Huapai | $1,189,000.00 | $668.75 | 2.92% |
| Helensville | $806,000.00 | $587.81 | 3.79% |
| Manly | $1,338,400.00 | $646.00 | 2.51% |
| Gulf Harbour | $937,500.00 | $650.00 | 3.61% |
| Red Beach | $964,444.44 | $655.53 | 3.53% |
| Stanmore Bay | $826,111.11 | $606.36 | 3.82% |
| Kumeu | $1,031,979.00 | $642.24 | 3.24% |
| Orewa | $1,159,500.00 | $656.92 | 2.95% |
| Silverdale | $939,000.00 | $684.46 | 3.79% |
South Auckland
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Conifer Grove | $898,166.67 | $593.18 | 3.43% |
| East Tamaki | $1,108,333 | $674.50 | 3.16% |
| Weymouth | $776,875.00 | $611.62 | 4.09% |
| Favona | $734,200.00 | $608.81 | 4.31% |
| Mangere Bridge | $1,124,800.00 | $629.93 | 2.91% |
| Karaka | $1,100,333.33 | $659.38 | 3.12% |
| Otahuhu | $1,165,666.67 | $588.61 | 2.63% |
| Clover Park | $760,571.43 | $596.39 | 4.08% |
| Drury | $787,333.33 | $701.25 | 4.63% |
| Clendon Park | $717,300.00 | $571.83 | 4.15% |
| Mangere | $837,865.30 | $591.51 | 3.67% |
| Wattle Downs | $963,181.82 | $629.26 | 3.40% |
| Randwick Park | $757,117.65 | $576.50 | 3.96% |
| Mangere East | $807,184.21 | $619.58 | 3.99% |
| Takanini | $824,739.13 | $608.65 | 3.84% |
| Manurewa | $835,280.73 | $600.02 | 3.74% |
| Papakura | $760,511.72 | $595.85 | 4.07% |
| Papatoetoe | $975,871.55 | $617.82 | 3.29% |
West Auckland
| Suburb | Average sale price (3 bedroom) | Average rent per week (3 bedroom) | Gross yield |
|---|---|---|---|
| Glendene | $864,146.17 | $600.26 | 3.61% |
| Titirangi | $975,333.33 | $625.68 | 3.34% |
| Westgate | $944,000.00 | $682.69 | 3.76% |
| Sunnyvale | $789,888.78 | $587.44 | 3.87% |
| West Harbour | $1,007,178.57 | $612.25 | 3.16% |
| Ranui | $707,400.00 | $571.25 | 4.20% |
| Te Atatu Peninsula | $1,006,775.00 | $620.41 | 3.20% |
| Blockhouse Bay | $982,300.00 | $641.19 | 3.39% |
| Hobsonville | $1,021,956.00 | $713.70 | 3.63% |
| Te Atatu South | $925,874.19 | $605.16 | 3.40% |
| Henderson | $847,531.25 | $580.00 | 3.56% |
| New Lynn | $912,121.18 | $592.44 | 3.38% |
| Glen Eden | $889,071.91 | $579.01 | 3.39% |
| Avondale | $945,270.00 | $637.53 | 3.51% |
| Massey | $861,642.86 | $598.80 | 3.61% |
Source: Barfoot & Thompson analysis of its tenancies as of 30 September 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.