October 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
Auckland $1,021,267  $688 3.50%

Central Auckland

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Auckland Central $686,000 $1,084 8.22%

Central Auckland East

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Epsom $1,525,000 $824 2.81%
Greenlane $1,351,960 $771 2.97%
Hillsborough $1,109,438 $708 3.32%
Lynfield $1,078,079 $671 3.24%
Mount Eden $1,518,659 $796 2.72%
Mount Roskill $1,026,200 $677 3.43%
New Windsor $1,174,714 $653 2.89%
One Tree Hill $1,297,750 $729 2.92%
Onehunga $1,185,436 $711 3.12%
Royal Oak $858,750 $743 4.50%
Sandringham $1,152,143 $722 3.26%
Three Kings $1,060,221 $794 3.90%

Central Auckland West

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Grey Lynn $1,893,727 $867 2.38%
Kingsland $1,420,500 $787 2.88%
Mount Albert $1,252,000 $677 2.81%
Ponsonby $1,903,646 $993 2.71%
Waterview $989,333 $700 3.68%

Eastern Suburbs

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Ellerslie $1,132,600 $738 3.39%
Glen Innes $1,333,091 $681 2.66%
Glendowie $1,304,375 $818 3.26%
Kohimarama $1,845,769 $900 2.54%
Meadowbank $1,743,933 $812 2.42%
Mission Bay $1,483,333 $846 2.97%
Mount Wellington $977,120 $678 3.61%
Newmarket $1,009,333 $849 4.37%
Orakei $1,606,250 $882 2.85%
Panmure $1,005,286 $646 3.34%
Parnell $629,833 $837 6.91%
Point England $1,136,250 $687 3.14%
Remuera $2,201,620 $837 1.98%
Saint Heliers $1,572,059 $874 2.89%
Saint Johns  $1,033,667 $780 3.93%
Stonefields $1,435,000 $868 3.15%
Wai O Taiki Bay $1,170,000 $764 3.40%

Franklin/Manukau Rural

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Paerata $986,000 $517 2.72%
Pokeno $1,217,286 $666 2.84%
Pukekohe $787,058 $592 3.91%
Tuakau $910,071 $563 3.21%
Waiuku $750,353 $566 3.92%

North Shore

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Albany $987,720 $718 3.78%
Bayview $862,143 $653 3.94%
Beach Haven $954,393 $641 3.49%
Birkdale $ 1,109,254 $642 3.01%
Birkenhead $807,000 $693 4.46%
Browns Bay $ 1,072,683 $710 3.44%
Devonport $1,713,625 $862 2.62%
Forrest Hill $1,157,816 $723 3.25%
Glenfield $1,037,201  $662 3.32%
Greenhithe $1,104,083 $807 3.80%
Hillcrest $1,148,208 $706 3.20%
Kensington $699,000 $561 4.18%
Long Bay  $1,153,000 $830 3.74%
Mairangi Bay $1,486,400 $767 2.68%
Milford $1,284,688 $753 3.05%
Millwater  $1,000,000 $751 3.91%
Murrays Bay $1,506,250 $743 2.56%
Northcote $957,500 $686 3.73%
Northcote Point $1,305,250 $859 3.42%
Oteha $854,760 $751 4.54%
Pinehill $1,035,000 $765 3.84%
Rothesay Bay $1,505,750 $783 2.71%
Sunnynook $1,051,667 $664 3.28%
Takapuna $1,198,760 $795 3.45%
Torbay $1,116,028 $694 3.23%
Totara Vale $927,867 $669 3.75%
Unsworth Heights $1,052,700 $687 3.39%

Pakuranga/Howick

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Beachlands $1,225,833 $759 3.22%
Botany Downs $1,158,000 $694 3.12%
Bucklands Beach $1,553,950 $704 2.36%
East Tamaki Heights $1,348,000 $720 2.78%
Farm Cove $1,579,000 $675 2.22%
Flat Bush $873,875 $701 4.17%
Golflands $1,062,333 $698 3.42%
Half Moon Bay $1,267,468 $690 2.83%
Highland Park $1,220,000 $649 2.77%
Howick $1,008,276 $678 3.50%
Maraetai $1,580,000 $663 2.18%
Mellons Bay $1,109,333 $726 3.41%
Northpark $1,229,875 $718 3.03%
Pakuranga $1,883,333 $655 1.81%
Pakuranga Heights $1,154,700 $643 2.90%
Sunnyhills $1,119,192 $701 3.26%

Rodney

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Gulf Harbour $959,929 $661 3.58%
Helensville $873,906 $625 3.72%
Huapai $997,500 $697 3.63%
Kumeu $1,445,513 $646 2.32%
Manly $1,094,000 $668 3.18%
Orewa $1,087,543 $676 3.23%
Red Beach $1,008,147 $680 3.51%
Silverdale $806,000 $721 4.65%
Snells BEACH  $1,030,000 $591 2.98%
Stanmore Bay $875,369 $643 3.82%
Waimauku $1,110,000 $646 3.03%
Warkwor$th $830,600 $634 3.97%

South Auckland

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Clendon Park $673,196 $613 4.73%
Clover Park $809,200 $624 4.01%
Drury $1,003,750 $708 3.67%
East Tamaki  $1,114,929 $709 3.31%
Favona $758,125 $644 4.41%
Goodwood Heights $819,500 $693 4.40%
Hill Park  $868,429 $672 4.02%
Karaka $732,823 $674 4.78%
Mangere $806,107 $605 3.90%
Mangere Bridge $830,769 $670 4.20%
Mangere East $825,545 $637 4.01%
Manurewa $824,357 $627 3.96%
Manurewa East $1,136,857 $657 3.00%
Opaheke $866,333 $633 3.80%
Otahuhu $1,017,413 $626 3.20%
Otara $714,417 $589 4.29%
Pahurehure $912,643 $693 3.95%
Papakura $806,694 $639 4.12%
Papatoetoe $991,018 $654 3.45%
Randwick Park $744,086 $616 4.31%
Red Hill $885,165 $660 3.88%
Rosehill $843,250 $648 3.99%
Takanini $817,729 $652 4.15%
The Gardens $1,079,541 $726 3.50%
Totara Heights $876,500 $727 4.31%
Wattle Downs $838,056 $640 3.97%
Weymouth $740,069 $654 4.60%

West Auckland

Suburb Average sale price (3 bedroom) Average rent per week (3 bedroom) Gross yield
Avondale $ 891,314 $672 3.92%
Blockhouse Bay $ 1,106,875 $681 3.20%
Glen Eden $ 850,875 $619 3.78%
Glendene $ 874,858 $619 3.68%
Green Bay $ 1,191,200 $661 2.88%
Henderson $ 842,881 $618 3.81%
Hobsonville $ 986,759 $736 3.88%
Kelston $ 794,750 $630 4.12%
Massey $ 872,612 $621 3.70%
New Lynn $ 864,961 $637 3.83%
Ranui $ 751,415 $590 4.09%
Sunnyvale $ 833,500 $624 3.89%
Swanson $ 833,600 $658 4.11%
Te Atatu Peninsula $ 924,745 $642 3.61%
Te Atatu South $ 802,204 $647 4.20%
Titirangi $ 930,000 $650 3.63%
West Harbour $ 984,542 $643 3.40%
Westgate $855,111 $716 4.35%
Whenuapai  $1,088,000 $695 3.32%

Source: Barfoot & Thompson analysis of its tenancies as of 31 October 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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