July 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.

Suburb breakdown

Auckland average

Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Auckland $1,084,204 $683 3.28%

Central Auckland

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Auckland Central $1,203,125 $1,023 4.42%
Eden Terrace $1,293,333 $801 3.22%

Central Auckland East

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Epsom $1,478,316 $824 2.90%
Greenlane $1,326,143 $765 3.00%
Hillsborough $1,203,250 $705 3.05%
Lynfield $1,143,833 $666 3.03%
Mount Eden $1,609,941 $793 2.56%
Mount Roskill $1,079,829 $669 3.22%
New Windsor $1,114,667 $648 3.02%
One Tree Hill $1,180,300 $730 3.21%
Onehunga $1,071,483 $701 3.40%
Royal Oak $1,446,417 $744 2.68%
Sandringham $1,166,250 $717 3.20%
Three Kings $1,342,419 $783 3.03%

Central Auckland West

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Freemans Bay $1,452,500 $1,008 3.61%
Grey Lynn $1,934,556 $883 2.37%
Kingsland $1,502,500 $775 2.68%
Mount Albert $1,336,653 $662 2.57%
Point Chevalier $1,846,250 $797 2.25%
Ponsonby $1,775,484 $978 2.86%
Waterview $936,667 $696 3.87%

Eastern Suburbs

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Ellerslie $1,080,111 $733 3.53%
Glen Innes $1,278,000 $691 2.81%
Glendowie $1,424,955 $814 2.97%
Kohimarama $1,886,250 $950 2.62%
Meadowbank $1,644,300 $818 2.59%
Mission Bay $1,423,125 $830 3.03%
Mount Wellington $1,033,813 $677 3.40%
Newmarket $1,059,333 $853 4.19%
Orakei $1,670,000 $883 2.75%
Panmure $1,022,750 $649 3.30%
Parnell $1,650,000 $848 2.67%
Point England $1,105,571 $682 3.21%
Remuera $2,922,900 $837 1.49%
Saint Heliers $1,744,711 $857 2.55%
Saint Johns $1,131,000 $770 3.54%
Stonefields $1,558,333 $865 2.89%
Wai O Taiki Bay $1,170,000 $778 3.46%

Franklin/Manukau Rural

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Pokeno $1,233,833 $657 2.77%
Pukekohe $799,398 $586 3.81%
Tuakau $823,909 $556 3.51%
Waiuku $784,006 $567 3.76%

North Shore

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Albany $943,750 $714 3.93%
Bayswater $1,416,667 $783 2.87%
Bayview $935,000 $661 3.67%
Beach Haven $926,380 $641 3.60%
Belmont $1,918,098 $762 2.07%
Birkdale $1,210,818 $632 2.71%
Birkenhead $887,667 $688 4.03%
Browns Bay $1,071,250 $706 3.43%
Castor Bay $1,410,000 $849 3.13%
Devonport $1,694,000 $860 2.64%
Forrest Hill $1,209,304 $731 3.14%
Glenfield $1,101,159 $652 3.08%
Greenhithe $1,386,667 $799 2.99%
Hillcrest $1,172,353 $694 3.08%
Mairangi Bay $1,471,364 $763 2.70%
Milford $1,253,111 $743 3.08%
Murrays Bay $1,306,167 $736 2.93%
Northcote $1,008,750 $674 3.47%
Northcote Point $1,306,000 $859 3.42%
Oteha $828,760 $751 4.71%
Pinehill $1,065,833 $765 3.73%
Rothesay Bay $1,921,667 $761 2.06%
Sunnynook $1,165,143 $660 2.95%
Takapuna $1,424,400 $799 2.92%
Torbay $1,127,278 $696 3.21%
Totara Vale $965,125 $659 3.55%
Unsworth Heights $1,046,714 $685 3.40%

Pakuranga/Howick

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Botany Downs $1,214,400 $688 2.94%
Bucklands Beach $1,411,833 $701 2.58%
East Tamaki Heights $1,409,167 $726 2.68%
Flat Bush $889,048 $699 4.09%
Golflands $1,092,000 $698 3.32%
Half Moon Bay $1,187,223 $690 3.02%
Highland Park $1,110,484 $643 3.01%
Howick $1,127,050 $672 3.10%
Maraetai $1,671,667 $647 2.01%
Mellons Bay $1,232,000 $721 3.04%
Northpark $1,288,250 $715 2.89%
Pakuranga $2,062,883 $656 1.65%
Pakuranga Heights $1,037,964 $638 3.19%
Sunnyhills $1,372,833 $696 2.64%

Rodney

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Gulf Harbour $944,167 $659 3.63%
Helensville $924,179 $608 3.42%
Huapai $1,126,250 $697 3.22%
Kumeu $964,100 $636 3.43%
Manly $1,109,167 $662 3.10%
Orewa $1,221,143 $671 2.86%
Red Beach $991,682 $670 3.51%
Silverdale $808,333 $708 4.55%
Snells Beach $911,667 $591 3.37%
Stanmore Bay $884,425 $635 3.73%
Waimauku $1,266,667 $658 2.70%
Warkworth $953,583 $636 3.47%

South Auckland

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Clendon Park $698,462 $603 4.49%
Clover Park $771,333 $619 4.18%
Conifer Grove $928,600 $609 3.41%
Drury $1,156,834 $696 3.13%
East Tamaki $1,128,500 $700 3.23%
Favona $770,500 $642 4.33%
Goodwood Heights $925,800 $687 3.86%
Karaka $869,833 $679 4.06%
Mangere $797,300 $600 3.92%
Mangere Bridge $943,015 $662 3.65%
Mangere East $832,318 $632 3.95%
Manurewa $878,561 $625 3.70%
Manurewa East $1,360,600 $645 2.47%
Opaheke $898,000 $630 3.65%
Otahuhu $1,239,750 $617 2.59%
Otara $735,798 $586 4.14%
Papakura $826,408 $630 3.96%
Papatoetoe $1,012,873 $651 3.34%
Randwick Park $762,000 $616 4.20%
Rosehill $788,600 $648 4.27%
Takanini $847,368 $648 3.97%
The Gardens $1,081,551 $721 3.47%
Totara Heights $870,167 $723 4.32%
Wattle Downs $912,563 $644 3.67%
Weymouth $1,600,186 $647 2.10%

West Auckland

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Avondale $917,643 $664 3.77%
Blockhouse Bay $1,235,417 $676 2.85%
Glen Eden $835,533 $610 3.80%
Glendene $869,436 $619 3.70%
Green Bay $1,013,200 $649 3.33%
Henderson $855,114 $612 3.72%
Hobsonville $1,220,395 $737 3.14%
Kelston $953,071 $622 3.39%
Massey $938,815 $617 3.42%
New Lynn $907,463 $626 3.59%
Ranui $760,917 $585 4.00%
Sunnyvale $820,136 $621 3.94%
Te Atatu Peninsula $987,050 $641 3.38%
Te Atatu South $835,313 $629 3.92%
Titirangi $983,654 $644 3.40%
West Harbour $1,014,952 $637 3.26%
Westgate $858,750 $720 4.36%

Source: Barfoot & Thompson analysis of its tenancies as of 31 July 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.

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