February 2024 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 | |
|---|---|---|---|
| All Auckland | $1,033,282 | $670 | 3.37% |
Central Auckland
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Auckland Central | $955,714 | $1,012 | 5.51% |
| Eden Terrace | $1,203,333 | $791 | 3.42% |
Central Auckland East
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Epsom | $1,528,955 | $814 | 2.77% |
| Greenlane | $1,382,500 | $747 | 2.81% |
| Hillsborough | $1,073,625 | $691 | 3.35% |
| Lynfield | $1,071,000 | $663 | 3.22% |
| Mount Eden | $1,669,545 | $775 | 2.41% |
| Mount Roskill | $1,301,022 | $653 | 2.61% |
| New Windsor | $1,362,800 | $639 | 2.44% |
| One Tree Hill | $1,640,333 | $725 | 2.30% |
| Onehunga | $1,219,368 | $688 | 2.93% |
| Royal Oak | $1,386,250 | $731 | 2.74% |
| Sandringham | $1,379,351 | $709 | 2.67% |
| Three Kings | $1,123,188 | $782 | 3.62% |
Central Auckland West
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Freemans Bay | $1,455,833 | $1,008 | 3.60% |
| Grey Lynn | $2,006,500 | $873 | 2.26% |
| Morningside | $805,000 | $603 | 3.90% |
| Mount Albert | $1,178,600 | $666 | 2.94% |
| Point Chevalier | $1,636,429 | $828 | 2.63% |
| Ponsonby | $1,530,750 | $1,026 | 3.49% |
| Westmere | $1,576,000 | $973 | 3.21% |
Eastern Suburbs
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Ellerslie | $1,189,667 | $726 | 3.18% |
| Glen Innes | $1,127,813 | $684 | 3.15% |
| Glendowie | $1,683,073 | $805 | 2.49% |
| Kohimarama | $1,855,000 | $949 | 2.66% |
| Meadowbank | $1,467,000 | $824 | 2.92% |
| Mission Bay | $1,706,000 | $848 | 2.58% |
| Mount Wellington | $1,007,903 | $669 | 3.45% |
| Orakei | $1,645,000 | $851 | 2.69% |
| Panmure | $927,625 | $644 | 3.61% |
| Parnell | $1,568,333 | $837 | 2.77% |
| Point England | $1,097,857 | $662 | 3.13% |
| Remuera | $1,827,250 | $838 | 2.38% |
| Saint Heliers | $1,831,800 | $866 | 2.46% |
| Saint Johns | $1,340,714 | $755 | 2.93% |
| Stonefields | $1,393,333 | $851 | 3.18% |
Franklin/Manukau Rural
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Pokeno | $910,000 | $645 | 3.69% |
| Pukekohe | $827,921 | $568 | 3.56% |
| Tuakau | $749,462 | $546 | 3.79% |
| Waiuku | $811,056 | $544 | 3.49% |
North Shore
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Albany | $1,017,447 | $690 | 3.53% |
| Bayview | $945,000 | $645 | 3.55% |
| Beach Haven | $892,625 | $632 | 3.68% |
| Belmont | $1,263,750 | $779 | 3.21% |
| Birkdale | $1,001,500 | $615 | 3.19% |
| Birkenhead | $1,077,667 | $684 | 3.30% |
| Browns Bay | $1,093,438 | $691 | 3.29% |
| Castor Bay | $1,310,667 | $805 | 3.19% |
| Devonport | $1,782,818 | $850 | 2.48% |
| Forrest Hill | $1,349,261 | $717 | 2.76% |
| Glenfield | $1,019,134 | $639 | 3.26% |
| Greenhithe | $1,316,500 | $790 | 3.12% |
| Hillcrest | $1,097,000 | $693 | 3.29% |
| Mairangi Bay | $1,146,267 | $755 | 3.43% |
| Milford | $1,207,273 | $720 | 3.10% |
| Northcote | $1,144,600 | $655 | 2.98% |
| Rothesay Bay | $1,582,950 | $760 | 2.50% |
| Sunnynook | $1,178,083 | $652 | 2.88% |
| Takapuna | $1,454,583 | $785 | 2.80% |
| Torbay | $1,102,741 | $682 | 3.21% |
| Totara Vale | $935,375 | $646 | 3.59% |
| Unsworth Heights | $1,100,333 | $666 | 3.15% |
Pakuranga/Howick
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Beachlands | $1,315,500 | $773 | 3.05% |
| Botany Downs | $1,249,500 | $683 | 2.84% |
| Bucklands Beach | $1,455,714 | $683 | 2.44% |
| Cockle Bay | $1,338,000 | $681 | 2.65% |
| Farm Cove | $1,103,333 | $637 | 3.00% |
| Flat Bush | $919,661 | $678 | 3.83% |
| Golflands | $982,800 | $691 | 3.65% |
| Half Moon Bay | $1,140,833 | $667 | 3.04% |
| Highland Park | $1,200,944 | $640 | 2.77% |
| Howick | $1,135,767 | $656 | 3.00% |
| Northpark | $1,171,333 | $696 | 3.09% |
| Pakuranga | $976,322 | $635 | 3.38% |
| Pakuranga Heights | $1,052,500 | $636 | 3.14% |
| Somerville | $1,476,000 | $692 | 2.44% |
| Sunnyhills | $1,388,637 | $689 | 2.58% |
Rodney
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Gulf Harbour | $746,000 | $653 | 4.55% |
| Helensville | $878,000 | $594 | 3.52% |
| Huapai | $1,030,000 | $689 | 3.48% |
| Kumeu | $799,279 | $638 | 4.15% |
| Manly | $1,063,214 | $655 | 3.20% |
| Orewa | $1,207,500 | $661 | 2.85% |
| Red Beach | $996,200 | $664 | 3.47% |
| Silverdale | $1,055,417 | $683 | 3.36% |
| Stanmore Bay | $885,833 | $618 | 3.63% |
| Warkworth | $1,048,750 | $628 | 3.11% |
South Auckland
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Clendon Park | $751,433 | $583 | 4.03% |
| Clover Park | $761,556 | $600 | 4.10% |
| Conifer Grove | $786,667 | $605 | 4.00% |
| Drury | $922,875 | $694 | 3.91% |
| East Tamaki | $1,038,250 | $688 | 3.44% |
| Favona | $797,000 | $621 | 4.05% |
| Karaka | $945,400 | $667 | 3.67% |
| Mangere | $812,644 | $599 | 3.83% |
| Mangere Bridge | $898,519 | $647 | 3.74% |
| Mangere East | $838,650 | $626 | 3.88% |
| Manurewa | $1,007,105 | $612 | 3.16% |
| Opaheke | $916,667 | $607 | 3.44% |
| Otahuhu | $784,750 | $604 | 4.01% |
| Otara | $729,286 | $573 | 4.09% |
| Pahurehure | $881,750 | $642 | 3.78% |
| Papakura | $880,580 | $612 | 3.62% |
| Papatoetoe | $989,166 | $634 | 3.33% |
| Randwick Park | $747,326 | $591 | 4.11% |
| Red Hill | $729,000 | $653 | 4.66% |
| Rosehill | $805,578 | $633 | 4.09% |
| Takanini | $880,615 | $636 | 3.75% |
| The Gardens | $1,061,667 | $713 | 3.49% |
| Wattle Downs | $937,167 | $651 | 3.61% |
| Weymouth | $848,292 | $623 | 3.82% |
West Auckland
| Suburb | Average sale price (3 bdrm) | Average rent per week (3 bdrm) | Gross yield |
|---|---|---|---|
| Avondale | $925,740 | $653 | 3.67% |
| Blockhouse Bay | $1,097,993 | $663 | 3.14% |
| Glen Eden | $867,973 | $599 | 3.59% |
| Glendene | $847,400 | $611 | 3.75% |
| Henderson | $888,867 | $594 | 3.48% |
| Hobsonville | $1,182,205 | $722 | 3.17% |
| Massey | $899,415 | $606 | 3.50% |
| New Lynn | $933,567 | $613 | 3.41% |
| Ranui | $838,150 | $581 | 3.61% |
| Sunnyvale | $865,708 | $607 | 3.65% |
| Swanson | $924,886 | $653 | 3.67% |
| Te Atatu Peninsula | $1,009,400 | $632 | 3.25% |
| Te Atatu South | $955,154 | $613 | 3.34% |
| Titirangi | $909,727 | $635 | 3.63% |
| West Harbour | $986,715 | $623 | 3.28% |
| Westgate | $906,277 | $704 | 4.04% |
Source: Barfoot & Thompson analysis of its tenancies as of 29 February 2024 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.