April 2024

REINZ Residential Rent Review

April 2024

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1 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $394 $425 8%
Browns Bay / Torbay / Albany $450 $472 5%
East Coast Bays $434 $454 5%
Glenfield (Sunnynook, Northcote & Birkdale) $420 $424 1%
Birkenhead (Northcote Point) $440 $486 10%
Takapuna/ Milford $529 $526 -1%
Devonport $478 $573 20%
West AKL (Glendene, Glen Eden & Massey) $373 $431 16%
Te Atatu (Westgate & West Harbour) $424 $502 18%
Waterview (Avondale & Titirangi) $391 $463 19%
City Centre (Parnell, Grafton & Newton) $411 $452 10%
Ponsonby (St Marys & Herne Bay) $518 $558 8%
Grey Lynn / Westmere $492 $555 13%
Mt Albert/ Pt Chev $414 $447 8%
Sandringham (Three Kings & Hillsborough) $434 $466 7%
Mt Roskill (Owairaka & Lynfield) $393 $463 18%
Mt Eden (Kingsland & Balmoral) $445 $496 12%
Epsom (Newmarket & Royal Oak) $432 $518 20%
One Tree Hill / Ellerslie $445 $490 10%
City Bays (Mission Bay to St Heliers) $450 $464 3%
Remuera $469 $502 7%
Meadowbank (Remuera South & Glendowie) $436 $463 6%
Glen Innes / Panmure / Mt Wellington $423 $463 9%
Howick (Bucklands Beach & Botany) $401 $465 16%
Pakuranga $410 $418 2%
Mangere / Otahuhu / Otara $436 $386 -12%
Papatoetoe $378 $412 9%
Manukau / Manurewa $384 $422 10%
Papakura $368 $380 3%
Pukekohe (Tuakau & Waiuku) $408 $428 5%

 

2 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $540 $573 6%
Browns Bay / Torbay / Albany $537 $575 7%
East Coast Bays $569 $619 9%
Glenfield (Sunnynook, Northcote & Birkdale) $541 $591 9%
Birkenhead (Northcote Point) $551 $606 10%
Takapuna/ Milford $651 $661 1%
Devonport $632 $640 1%
West AKL (Glendene, Glen Eden & Massey) $520 $580 12%
Te Atatu (Westgate & West Harbour) $577 $610 6%
Waterview (Avondale & Titirangi) $526 $587 12%
City Centre (Parnell, Grafton & Newton) $545 $593 9%
Ponsonby (St Marys & Herne Bay) $702 $755 8%
Grey Lynn / Westmere $690 $771 12%
Mt Albert/ Pt Chev $561 $620 10%
Sandringham (Three Kings & Hillsborough) $532 $591 11%
Mt Roskill (Owairaka & Lynfield) $529 $584 10%
Mt Eden (Kingsland & Balmoral) $578 $625 8%
Epsom (Newmarket & Royal Oak) $574 $635 11%
One Tree Hill / Ellerslie $543 $610 12%
City Bays (Mission Bay to St Heliers) $637 $677 6%
Remuera $639 $717 12%
Meadowbank (Remuera South & Glendowie) $574 $647 13%
Glen Innes / Panmure / Mt Wellington $525 $601 14%
Howick (Bucklands Beach & Botany) $564 $596 6%
Pakuranga $531 $570 7%
Mangere / Otahuhu / Otara $493 $578 17%
Papatoetoe $526 $565 7%
Manukau / Manurewa $518 $575 11%
Papakura $499 $553 11%
Pukekohe (Tuakau & Waiuku) $469 $533 14%

 

3 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $656 $695 6%
Browns Bay / Torbay / Albany $680 $733 8%
East Coast Bays $748 $790 6%
Glenfield (Sunnynook, Northcote & Birkdale) $651 $703 8%
Birkenhead (Northcote Point) $716 $792 10%
Takapuna/ Milford $750 $828 10%
Devonport $870 $881 1%
West AKL (Glendene, Glen Eden & Massey) $613 $665 8%
Te Atatu (Westgate & West Harbour) $651 $681 5%
Waterview (Avondale & Titirangi) $638 $710 11%
City Centre (Parnell, Grafton & Newton) $782 $840 7%
Ponsonby (St Marys & Herne Bay) $988 $1,056 7%
Grey Lynn / Westmere $887 $977 10%
Mt Albert/ Pt Chev $711 $804 13%
Sandringham (Three Kings & Hillsborough) $678 $721 6%
Mt Roskill (Owairaka & Lynfield) $645 $719 12%
Mt Eden (Kingsland & Balmoral) $749 $812 8%
Epsom (Newmarket & Royal Oak) $770 $843 9%
One Tree Hill / Ellerslie $696 $651 -7%
City Bays (Mission Bay to St Heliers) $870 $895 3%
Remuera $809 $886 9%
Meadowbank (Remuera South & Glendowie) $797 $815 2%
Glen Innes / Panmure / Mt Wellington $669 $731 9%
Howick (Bucklands Beach & Botany) $684 $741 8%
Pakuranga $634 $701 11%
Mangere / Otahuhu / Otara $636 $691 9%
Papatoetoe $648 $704 9%
Manukau / Manurewa $635 $679 7%
Papakura $621 $675 9%
Pukekohe (Tuakau & Waiuku) $591 $625 6%

 

 4 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $786 $831 6%
Browns Bay / Torbay / Albany $817 $896 10%
East Coast Bays $895 $1,038 16%
Glenfield (Sunnynook, Northcote & Birkdale) $770 $851 11%
Birkenhead (Northcote Point) $841 $890 6%
Takapuna/ Milford $967 $1,005 4%
Devonport $1,079 $1,032 -4%
West AKL (Glendene, Glen Eden & Massey) $730 $779 7%
Te Atatu (Westgate & West Harbour) $779 $826 6%
Waterview (Avondale & Titirangi) $781 $853 9%
City Centre (Parnell, Grafton & Newton) $931 $1,117 20%
Ponsonby (St Marys & Herne Bay) $1,448 $1,401 -3%
Grey Lynn / Westmere $991 $1,153 16%
Mt Albert/ Pt Chev $921 $893 -3%
Sandringham (Three Kings & Hillsborough) $813 $899 11%
Mt Roskill (Owairaka & Lynfield) $789 $862 9%
Mt Eden (Kingsland & Balmoral) $938 $1,000 7%
Epsom (Newmarket & Royal Oak) $1,043 $1,103 6%
One Tree Hill / Ellerslie $853 $946 11%
City Bays (Mission Bay to St Heliers) $1,076 $1,167 8%
Remuera $1,142 $1,209 6%
Meadowbank (Remuera South & Glendowie) $1,008 $1,039 3%
Glen Innes / Panmure / Mt Wellington $815 $902 11%
Howick (Bucklands Beach & Botany) $801 $884 10%
Pakuranga $784 $832 6%
Mangere / Otahuhu / Otara $733 $784 7%
Papatoetoe $744 $798 7%
Manukau / Manurewa $750 $807 8%
Papakura $726 $773 7%
Pukekohe (Tuakau & Waiuku) $680 $716 5%

 

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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