April 2023

REINZ Residential Rent Review

April 2023

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1 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $399 $394 -1%
Browns Bay / Torbay / Albany $423 $450 6%
East Coast Bays $429 $434 1%
Glenfield (Sunnynook, Northcote & Birkdale) $370 $420 13%
Birkenhead (Northcote Point) $418 $438 5%
Takapuna/ Milford $502 $529 5%
Devonport $461 $465 1%
West AKL (Glendene, Glen Eden & Massey) $389 $373 -4%
Te Atatu (Westgate & West Harbour) $438 $424 -3%
Waterview (Avondale & Titirangi) $375 $405 8%
City Centre (Parnell, Grafton & Newton) $392 $411 5%
Ponsonby (St Marys & Herne Bay) $530 $518 -2%
Grey Lynn / Westmere $499 $492 -1%
Mt Albert/ Pt Chev $418 $414 -1%
Sandringham (Three Kings & Hillsborough) $440 $434 -1%
Mt Roskill (Owairaka & Lynfield) $348 $393 13%
Mt Eden (Kingsland & Balmoral) $422 $445 5%
Epsom (Newmarket & Royal Oak) $436 $432 -1%
One Tree Hill / Ellerslie $435 $445 2%
City Bays (Mission Bay to St Heliers) $474 $443 -7%
Remuera $393 $469 19%
Meadowbank (Remuera South & Glendowie) $378 $436 15%
Glen Innes / Panmure / Mt Wellington $407 $423 4%
Howick (Bucklands Beach & Botany) $421 $401 -5%
Pakuranga $392 $410 5%
Mangere / Otahuhu / Otara $371 $436 18%
Papatoetoe $383 $378 -1%
Manukau / Manurewa $406 $382 -6%
Papakura $373 $368 -2%
Pukekohe (Tuakau & Waiuku) $358 $408 14%

 

2 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $518 $540 4%
Browns Bay / Torbay / Albany $540 $537 -1%
East Coast Bays $567 $569 0%
Glenfield (Sunnynook, Northcote & Birkdale) $536 $541 1%
Birkenhead (Northcote Point) $553 $551 0%
Takapuna/ Milford $593 $651 10%
Devonport $576 $632 10%
West AKL (Glendene, Glen Eden & Massey) $509 $520 2%
Te Atatu (Westgate & West Harbour) $539 $577 7%
Waterview (Avondale & Titirangi) $521 $526 1%
City Centre (Parnell, Grafton & Newton) $509 $545 7%
Ponsonby (St Marys & Herne Bay) $704 $702 0%
Grey Lynn / Westmere $677 $690 2%
Mt Albert/ Pt Chev $541 $561 4%
Sandringham (Three Kings & Hillsborough) $532 $532 0%
Mt Roskill (Owairaka & Lynfield) $518 $529 2%
Mt Eden (Kingsland & Balmoral) $574 $578 1%
Epsom (Newmarket & Royal Oak) $562 $574 2%
One Tree Hill / Ellerslie $541 $543 0%
City Bays (Mission Bay to St Heliers) $639 $637 0%
Remuera $607 $639 5%
Meadowbank (Remuera South & Glendowie) $579 $574 -1%
Glen Innes / Panmure / Mt Wellington $524 $525 0%
Howick (Bucklands Beach & Botany) $552 $564 2%
Pakuranga $517 $531 3%
Mangere / Otahuhu / Otara $483 $493 2%
Papatoetoe $509 $526 3%
Manukau / Manurewa $508 $518 2%
Papakura $485 $499 3%
Pukekohe (Tuakau & Waiuku) $453 $469 4%

 

3 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $637 $656 3%
Browns Bay / Torbay / Albany $667 $680 2%
East Coast Bays $726 $748 3%
Glenfield (Sunnynook, Northcote & Birkdale) $640 $651 2%
Birkenhead (Northcote Point) $691 $716 4%
Takapuna/ Milford $754 $750 0%
Devonport $774 $870 12%
West AKL (Glendene, Glen Eden & Massey) $595 $613 3%
Te Atatu (Westgate & West Harbour) $624 $651 4%
Waterview (Avondale & Titirangi) $630 $638 1%
City Centre (Parnell, Grafton & Newton) $736 $782 6%
Ponsonby (St Marys & Herne Bay) $1,010 $988 -2%
Grey Lynn / Westmere $897 $887 -1%
Mt Albert/ Pt Chev $693 $711 2%
Sandringham (Three Kings & Hillsborough) $679 $678 0%
Mt Roskill (Owairaka & Lynfield) $632 $645 2%
Mt Eden (Kingsland & Balmoral) $747 $749 0%
Epsom (Newmarket & Royal Oak) $754 $770 2%
One Tree Hill / Ellerslie $691 $696 1%
City Bays (Mission Bay to St Heliers) $877 $870 -1%
Remuera $793 $809 2%
Meadowbank (Remuera South & Glendowie) $781 $797 2%
Glen Innes / Panmure / Mt Wellington $653 $669 3%
Howick (Bucklands Beach & Botany) $673 $684 2%
Pakuranga $621 $634 2%
Mangere / Otahuhu / Otara $629 $636 1%
Papatoetoe $635 $648 2%
Manukau / Manurewa $623 $635 2%
Papakura $605 $621 3%
Pukekohe (Tuakau & Waiuku) $574 $591 3%

 

4 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $773 $786 2%
Browns Bay / Torbay / Albany $801 $817 2%
East Coast Bays $835 $895 7%
Glenfield (Sunnynook, Northcote & Birkdale) $770 $770 0%
Birkenhead (Northcote Point) $823 $841 2%
Takapuna/ Milford $1,083 $967 -11%
Devonport $954 $1,079 13%
West AKL (Glendene, Glen Eden & Massey) $717 $730 2%
Te Atatu (Westgate & West Harbour) $778 $779 0%
Waterview (Avondale & Titirangi) $781 $781 0%
City Centre (Parnell, Grafton & Newton) $959 $931 -3%
Ponsonby (St Marys & Herne Bay) $1,273 $1,448 14%
Grey Lynn / Westmere $1,085 $991 -9%
Mt Albert/ Pt Chev $849 $922 9%
Sandringham (Three Kings & Hillsborough) $817 $813 -1%
Mt Roskill (Owairaka & Lynfield) $770 $789 2%
Mt Eden (Kingsland & Balmoral) $960 $938 -2%
Epsom (Newmarket & Royal Oak) $986 $1,043 6%
One Tree Hill / Ellerslie $836 $853 2%
City Bays (Mission Bay to St Heliers) $1,088 $1,076 -1%
Remuera $1,132 $1,142 1%
Meadowbank (Remuera South & Glendowie) $938 $1,008 7%
Glen Innes / Panmure / Mt Wellington $808 $815 1%
Howick (Bucklands Beach & Botany) $787 $801 2%
Pakuranga $720 $784 9%
Mangere / Otahuhu / Otara $718 $733 2%
Papatoetoe $705 $744 6%
Manukau / Manurewa $720 $750 4%
Papakura $687 $726 6%
Pukekohe (Tuakau & Waiuku) $657 $680 3%

 

NOTE: The way MBIE is reporting rental data changed. The most recent month’s data was incomplete due to the time taken between a bond being lodged (23 working days to lodge a bond with Tenancy Services) and the details being recorded. Using this incomplete information could result in incorrect conclusions being made about changes in the rental market. Going forward, the report will be two months in arrears, as per the data provided by MBIE.

 

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