June 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 $1,092,349 $680 3.24%

Central Auckland

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Auckland Central $1,203,125 $1,000 4.32%
Eden Terrace $1,293,333 $798 3.21%

Central Auckland East

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Epsom $1,477,263 $822 2.89%
Greenlane $1,263,833 $759 3.12%
Hillsborough $1,148,900 $705 3.19%
Lynfield $1,168,833 $663 2.95%
Mount Eden $1,524,049 $785 2.68%
Mount Roskill $1,101,182 $667 3.15%
New Windsor $1,161,636 $648 2.90%
One Tree Hill $1,180,300 $727 3.20%
Onehunga $1,082,557 $701 3.37%
Royal Oak $1,446,417 $744 2.68%
Sandringham $1,212,500 $710 3.04%
Three Kings $1,353,971 $794 3.05%

Central Auckland West

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Freemans Bay $1,418,000 $1,008 3.70%
Grey Lynn $1,761,800 $890 2.63%
Kingsland $1,596,667 $784 2.55%
Mount Albert $1,132,755 $660 3.03%
Point Chevalier $1,846,250 $834 2.35%
Ponsonby $1,900,000 $977 2.67%
Westmere $1,913,333 $954 2.59%

Eastern Suburbs

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Ellerslie $1,088,600 $731 3.49%
Glen Innes $1,223,533 $681 2.89%
Glendowie $1,476,450 $812 2.86%
Kohimarama $1,745,000 $943 2.81%
Meadowbank $1,644,300 $816 2.58%
Mission Bay $1,411,667 $831 3.06%
Mount Wellington $1,029,479 $676 3.42%
Orakei $1,795,000 $869 2.52%
Panmure $1,035,300 $648 3.25%
Point England $1,105,571 $677 3.19%
Remuera $3,008,545 $838 1.45%
Saint Heliers $1,819,529 $859 2.46%
Saint Johns $1,131,000 $765 3.52%
Saint Johns $1,340,714 $754 2.92%
Stonefields $1,399,000 $846 3.15%

Franklin/Manukau Rural

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Pokeno $1,293,600 $647 2.60%
Pukekohe $801,488 $583 3.78%
Tuakau $707,222 $555 4.08%
Waiuku $790,140 $561 3.69%
Waiuku $802,444 $542 3.51%

North Shore

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Albany $992,324 $709 3.71%
Bayview $944,167 $657 3.62%
Beach Haven $896,250 $639 3.71%
Belmont $1,918,098 $758 2.05%
Birkdale $1,200,818 $627 2.72%
Birkenhead $895,000 $683 3.97%
Browns Bay $1,063,727 $702 3.43%
Castor Bay $1,332,000 $849 3.31%
Devonport $1,794,400 $858 2.49%
Forrest Hill $1,172,376 $730 3.24%
Glenfield $1,102,597 $650 3.06%
Greenhithe $1,362,500 $799 3.05%
Hillcrest $1,132,769 $696 3.20%
Mairangi Bay $1,378,556 $755 2.85%
Milford $1,246,800 $732 3.05%
Murrays Bay $1,245,333 $736 3.07%
Northcote $1,059,000 $666 3.27%
Oteha $784,333 $751 4.98%
Pinehill $1,081,000 $757 3.64%
Rothesay Bay $1,776,000 $761 2.23%
Sunnynook $1,213,273 $657 2.82%
Takapuna $1,424,400 $798 2.91%
Torbay $1,095,600 $696 3.30%
Totara Vale $962,214 $654 3.54%
Unsworth Heights $1,081,750 $685 3.29%

Pakuranga/Howick

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Botany Downs $1,207,250 $685 2.95%
Bucklands Beach $1,459,286 $695 2.48%
Burswood $1,073,667 $682 3.30%
Flat Bush $902,029 $696 4.01%
Golflands $1,076,333 $695 3.36%
Half Moon Bay $1,177,531 $685 3.02%
Highland Park $1,110,484 $639 2.99%
Howick $1,164,947 $671 2.99%
Mellons Bay $1,232,000 $721 3.04%
Northpark $1,265,889 $704 2.89%
Pakuranga $2,014,549 $653 1.69%
Pakuranga Heights $1,034,467 $641 3.22%
Sunnyhills $1,417,400 $696 2.55%
Pakuranga Heights $1,029,437 $632 3.19%
Somerville $1,476,000 $691 2.43%
Sunnyhills $1,310,909 $668 2.65%

Rodney

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Gulf Harbour $926,429 $658 3.70%
Helensville $988,000 $606 3.19%
Huapai $1,145,000 $689 3.13%
Kumeu $922,510 $646 3.64%
Manly $1,042,750 $662 3.30%
Orewa $1,224,538 $670 2.84%
Red Beach $1,020,600 $667 3.40%
Silverdale $1,082,000 $708 3.40%
Stanmore Bay $889,143 $631 3.69%
Waimauku $1,266,667 $634 2.60%
Warkworth $997,286 $634 3.30%

South Auckland

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Clendon Park $711,542 $598 4.37%
Clover Park $762,167 $618 4.22%
Conifer Grove $897,500 $605 3.51%
Drury $1,131,848 $686 3.15%
East Tamaki $1,155,600 $696 3.13%
Favona $770,500 $640 4.32%
Goodwood Heights $967,250 $680 3.66%
Karaka $926,250 $687 3.85%
Mangere $769,625 $600 4.06%
Mangere Bridge $838,874 $654 4.06%
Mangere East $827,667 $632 3.97%
Manurewa $886,714 $622 3.65%
Manurewa East $1,608,750 $625 2.02%
Opaheke $901,600 $617 3.56%
Otahuhu $1,345,700 $613 2.37%
Otara $757,200 $583 4.00%
Papakura $876,214 $626 3.71%
Papatoetoe $995,453 $648 3.38%
Randwick Park $746,460 $604 4.21%
Rosehill $796,972 $648 4.22%
Takanini $901,250 $648 3.74%
The Gardens $928,735 $718 4.02%
Totara Heights $910,125 $696 3.98%
Wattle Downs $956,214 $644 3.50%
Weymouth $1,581,829 $647 2.13%

West Auckland

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Avondale $918,566 $661 3.74%
Blockhouse Bay $1,202,310 $673 2.91%
Glen Eden $837,655 $606 3.76%
Glendene $891,080 $615 3.59%
Green Bay $1,013,200 $651 3.34%
Henderson $842,402 $609 3.76%
Hobsonville $1,265,600 $734 3.01%
Kelston $975,500 $619 3.30%
Massey $947,298 $616 3.38%
New Lynn $914,503 $626 3.56%
Ranui $772,375 $586 3.94%
Sunnyvale $802,000 $616 3.99%
Swanson $931,667 $655 3.66%
Te Atatu Peninsula $1,039,210 $638 3.19%
Te Atatu South $901,841 $625 3.61%
Titirangi $991,200 $644 3.38%
West Harbour $1,031,429 $634 3.20%
Westgate $853,818 $718 4.37%

Source: Barfoot & Thompson analysis of its tenancies as of 30 June 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.

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