August 2023

REINZ Residential Rent Review

August 2023

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1 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $397 $418 5%
Browns Bay / Torbay / Albany $426 $460 8%
East Coast Bays $435 $428 -2%
Glenfield (Sunnynook, Northcote & Birkdale) $383 $439 15%
Birkenhead (Northcote Point) $402 $497 24%
Takapuna/ Milford $506 $560 11%
Devonport $448 $495 10%
West AKL (Glendene, Glen Eden & Massey) $377 $399 6%
Te Atatu (Westgate & West Harbour) $418 $454 9%
Waterview (Avondale & Titirangi) $378 $404 7%
City Centre (Parnell, Grafton & Newton) $383 $443 16%
Ponsonby (St Marys & Herne Bay) $498 $571 15%
Grey Lynn / Westmere $486 $520 7%
Mt Albert/ Pt Chev $401 $419 5%
Sandringham (Three Kings & Hillsborough) $422 $453 7%
Mt Roskill (Owairaka & Lynfield) $327 $403 23%
Mt Eden (Kingsland & Balmoral) $420 $461 10%
Epsom (Newmarket & Royal Oak) $411 $440 7%
One Tree Hill / Ellerslie $427 $454 6%
City Bays (Mission Bay to St Heliers) $446 $482 8%
Remuera $420 $460 10%
Meadowbank (Remuera South & Glendowie) $400 $451 13%
Glen Innes / Panmure / Mt Wellington $410 $454 11%
Howick (Bucklands Beach & Botany) $421 $441 5%
Pakuranga $368 $408 11%
Mangere / Otahuhu / Otara $347 $431 24%
Papatoetoe $391 $400 2%
Manukau / Manurewa $392 $408 4%
Papakura $368 $385 5%
Pukekohe (Tuakau & Waiuku) $373 $397 6%

 

2 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $518 $551 6%
Browns Bay / Torbay / Albany $535 $566 6%
East Coast Bays $571 $611 7%
Glenfield (Sunnynook, Northcote & Birkdale) $542 $571 5%
Birkenhead (Northcote Point) $548 $580 6%
Takapuna/ Milford $602 $711 18%
Devonport $583 $622 7%
West AKL (Glendene, Glen Eden & Massey) $513 $526 3%
Te Atatu (Westgate & West Harbour) $538 $595 11%
Waterview (Avondale & Titirangi) $526 $564 7%
City Centre (Parnell, Grafton & Newton) $508 $584 15%
Ponsonby (St Marys & Herne Bay) $710 $770 8%
Grey Lynn / Westmere $693 $744 7%
Mt Albert/ Pt Chev $542 $588 8%
Sandringham (Three Kings & Hillsborough) $528 $573 9%
Mt Roskill (Owairaka & Lynfield) $522 $537 3%
Mt Eden (Kingsland & Balmoral) $574 $609 6%
Epsom (Newmarket & Royal Oak) $568 $606 7%
One Tree Hill / Ellerslie $553 $574 4%
City Bays (Mission Bay to St Heliers) $644 $679 5%
Remuera $619 $638 3%
Meadowbank (Remuera South & Glendowie) $553 $615 11%
Glen Innes / Panmure / Mt Wellington $530 $544 3%
Howick (Bucklands Beach & Botany) $546 $572 5%
Pakuranga $518 $554 7%
Mangere / Otahuhu / Otara $487 $520 7%
Papatoetoe $515 $537 4%
Manukau / Manurewa $502 $538 7%
Papakura $499 $510 2%
Pukekohe (Tuakau & Waiuku) $455 $480 5%

 

3 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $635 $663 4%
Browns Bay / Torbay / Albany $664 $697 5%
East Coast Bays $717 $774 8%
Glenfield (Sunnynook, Northcote & Birkdale) $639 $674 5%
Birkenhead (Northcote Point) $682 $773 13%
Takapuna/ Milford $766 $726 -5%
Devonport $781 $864 11%
West AKL (Glendene, Glen Eden & Massey) $599 $634 6%
Te Atatu (Westgate & West Harbour) $641 $658 3%
Waterview (Avondale & Titirangi) $645 $671 4%
City Centre (Parnell, Grafton & Newton) $760 $778 2%
Ponsonby (St Marys & Herne Bay) $943 $1,034 10%
Grey Lynn / Westmere $901 $933 4%
Mt Albert/ Pt Chev $718 $743 4%
Sandringham (Three Kings & Hillsborough) $676 $715 6%
Mt Roskill (Owairaka & Lynfield) $650 $672 3%
Mt Eden (Kingsland & Balmoral) $742 $787 6%
Epsom (Newmarket & Royal Oak) $744 $779 5%
One Tree Hill / Ellerslie $695 $717 3%
City Bays (Mission Bay to St Heliers) $835 $921 10%
Remuera $818 $864 6%
Meadowbank (Remuera South & Glendowie) $796 $811 2%
Glen Innes / Panmure / Mt Wellington $650 $689 6%
Howick (Bucklands Beach & Botany) $675 $697 3%
Pakuranga $637 $659 4%
Mangere / Otahuhu / Otara $626 $654 4%
Papatoetoe $642 $661 3%
Manukau / Manurewa $632 $652 3%
Papakura $614 $638 4%
Pukekohe (Tuakau & Waiuku) $583 $596 2%

 

4 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $776 $813 5%
Browns Bay / Torbay / Albany $814 $858 5%
East Coast Bays $847 $829 -2%
Glenfield (Sunnynook, Northcote & Birkdale) $765 $802 5%
Birkenhead (Northcote Point) $857 $882 3%
Takapuna/ Milford $987 $919 -7%
Devonport $910 $973 7%
West AKL (Glendene, Glen Eden & Massey) $708 $756 7%
Te Atatu (Westgate & West Harbour) $796 $810 2%
Waterview (Avondale & Titirangi) $745 $815 9%
City Centre (Parnell, Grafton & Newton) $958 $960 0%
Ponsonby (St Marys & Herne Bay) $1,456 $1,500 3%
Grey Lynn / Westmere $1,120 $1,067 -5%
Mt Albert/ Pt Chev $870 $903 4%
Sandringham (Three Kings & Hillsborough) $831 $876 5%
Mt Roskill (Owairaka & Lynfield) $777 $852 10%
Mt Eden (Kingsland & Balmoral) $983 $1,022 4%
Epsom (Newmarket & Royal Oak) $1,007 $1,058 5%
One Tree Hill / Ellerslie $872 $879 1%
City Bays (Mission Bay to St Heliers) $1,181 $1,159 -2%
Remuera $1,121 $1,147 2%
Meadowbank (Remuera South & Glendowie) $933 $1,069 15%
Glen Innes / Panmure / Mt Wellington $793 $841 6%
Howick (Bucklands Beach & Botany) $788 $829 5%
Pakuranga $744 $789 6%
Mangere / Otahuhu / Otara $729 $754 3%
Papatoetoe $725 $777 7%
Manukau / Manurewa $731 $763 4%
Papakura $711 $741 4%
Pukekohe (Tuakau & Waiuku) $666 $693 4%

 

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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