December 2022

REINZ Residential Rent Review

December 2022

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1 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $400 $381 -5%
Browns Bay / Torbay / Albany $361 $458 27%
East Coast Bays $449 $448 0%
Glenfield (Sunnynook, Northcote & Birkdale) $390 $386 -1%
Birkenhead (Northcote Point) $398 $426 7%
Takapuna/ Milford $480 $513 7%
Devonport $438 $478 9%
West AKL (Glendene, Glen Eden & Massey) $371 $369 -1%
Te Atatu (Westgate & West Harbour) $447 $429 -4%
Waterview (Avondale & Titirangi) $371 $376 1%
City Centre (Parnell, Grafton & Newton) $395 $393 -1%
Ponsonby (St Marys & Herne Bay) $516 $496 -4%
Grey Lynn / Westmere $504 $471 -7%
Mt Albert/ Pt Chev $390 $406 4%
Sandringham (Three Kings & Hillsborough) $433 $419 -3%
Mt Roskill (Owairaka & Lynfield) $375 $363 -3%
Mt Eden (Kingsland & Balmoral) $430 $427 -1%
Epsom (Newmarket & Royal Oak) $440 $444 1%
One Tree Hill / Ellerslie $405 $419 4%
City Bays (Mission Bay to St Heliers) $465 $460 -1%
Remuera $418 $410 -2%
Meadowbank (Remuera South & Glendowie) $399 $405 1%
Glen Innes / Panmure / Mt Wellington $362 $400 10%
Howick (Bucklands Beach & Botany) $353 $380 7%
Pakuranga $415 $398 -4%
Mangere / Otahuhu / Otara $394 $397 1%
Papatoetoe $366 $412 12%
Manukau / Manurewa $410 $387 -5%
Papakura $336 $369 10%
Pukekohe (Tuakau & Waiuku) $374 $416 11%


2 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $518 $524 1%
Browns Bay / Torbay / Albany $522 $520 0%
East Coast Bays $576 $563 -2%
Glenfield (Sunnynook, Northcote & Birkdale) $531 $529 0%
Birkenhead (Northcote Point) $506 $558 10%
Takapuna/ Milford $593 $584 -2%
Devonport $575 $627 9%
West AKL (Glendene, Glen Eden & Massey) $491 $500 2%
Te Atatu (Westgate & West Harbour) $531 $547 3%
Waterview (Avondale & Titirangi) $529 $508 -4%
City Centre (Parnell, Grafton & Newton) $503 $512 2%
Ponsonby (St Marys & Herne Bay) $730 $697 -5%
Grey Lynn / Westmere $676 $707 5%
Mt Albert/ Pt Chev $541 $544 1%
Sandringham (Three Kings & Hillsborough) $525 $523 0%
Mt Roskill (Owairaka & Lynfield) $506 $510 1%
Mt Eden (Kingsland & Balmoral) $578 $568 -2%
Epsom (Newmarket & Royal Oak) $568 $569 0%
One Tree Hill / Ellerslie $533 $539 1%
City Bays (Mission Bay to St Heliers) $609 $606 -1%
Remuera $590 $604 2%
Meadowbank (Remuera South & Glendowie) $566 $553 -2%
Glen Innes / Panmure / Mt Wellington $512 $515 1%
Howick (Bucklands Beach & Botany) $525 $549 5%
Pakuranga $507 $521 3%
Mangere / Otahuhu / Otara $493 $493 0%
Papatoetoe $502 $513 2%
Manukau / Manurewa $508 $508 0%
Papakura $486 $500 3%
Pukekohe (Tuakau & Waiuku) $462 $468 1%

 

3 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $621 $645 4%
Browns Bay / Torbay / Albany $653 $663 2%
East Coast Bays $727 $726 0%
Glenfield (Sunnynook, Northcote & Birkdale) $626 $643 3%
Birkenhead (Northcote Point) $688 $682 -1%
Takapuna/ Milford $743 $736 -1%
Devonport $802 $794 -1%
West AKL (Glendene, Glen Eden & Massey) $584 $598 2%
Te Atatu (Westgate & West Harbour) $614 $637 4%
Waterview (Avondale & Titirangi) $618 $633 3%
City Centre (Parnell, Grafton & Newton) $761 $763 0%
Ponsonby (St Marys & Herne Bay) $1,013 $965 -5%
Grey Lynn / Westmere $843 $889 5%
Mt Albert/ Pt Chev $709 $714 1%
Sandringham (Three Kings & Hillsborough) $658 $658 0%
Mt Roskill (Owairaka & Lynfield) $622 $641 3%
Mt Eden (Kingsland & Balmoral) $745 $749 1%
Epsom (Newmarket & Royal Oak) $748 $740 -1%
One Tree Hill / Ellerslie $686 $688 0%
City Bays (Mission Bay to St Heliers) $798 $812 2%
Remuera $797 $821 3%
Meadowbank (Remuera South & Glendowie) $783 $790 1%
Glen Innes / Panmure / Mt Wellington $652 $646 -1%
Howick (Bucklands Beach & Botany) $656 $675 3%
Pakuranga $617 $637 3%
Mangere / Otahuhu / Otara $606 $636 5%
Papatoetoe $641 $643 0%
Manukau / Manurewa $608 $626 3%
Papakura $608 $613 1%
Pukekohe (Tuakau & Waiuku) $557 $581 4%

 

4 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $750 $772 3%
Browns Bay / Torbay / Albany $794 $827 4%
East Coast Bays $841 $843 0%
Glenfield (Sunnynook, Northcote & Birkdale) $758 $753 -1%
Birkenhead (Northcote Point) $756 $850 13%
Takapuna/ Milford $902 $944 5%
Devonport $980 $972 -1%
West AKL (Glendene, Glen Eden & Massey) $698 $716 3%
Te Atatu (Westgate & West Harbour) $737 $774 5%
Waterview (Avondale & Titirangi) $754 $751 0%
City Centre (Parnell, Grafton & Newton) $779 $927 19%
Ponsonby (St Marys & Herne Bay) $1,276 $1,312 3%
Grey Lynn / Westmere $1,019 $1,120 10%
Mt Albert/ Pt Chev $746 $877 17%
Sandringham (Three Kings & Hillsborough) $797 $828 4%
Mt Roskill (Owairaka & Lynfield) $775 $800 3%
Mt Eden (Kingsland & Balmoral) $968 $945 -2%
Epsom (Newmarket & Royal Oak) $944 $1,008 7%
One Tree Hill / Ellerslie $842 $838 0%
City Bays (Mission Bay to St Heliers) $1,160 $1,140 -2%
Remuera $1,118 $1,118 0%
Meadowbank (Remuera South & Glendowie) $963 $945 -2%
Glen Innes / Panmure / Mt Wellington $799 $792 -1%
Howick (Bucklands Beach & Botany) $770 $791 3%
Pakuranga $735 $745 1%
Mangere / Otahuhu / Otara $694 $741 7%
Papatoetoe $710 $728 3%
Manukau / Manurewa $692 $728 5%
Papakura $703 $701 0%
Pukekohe (Tuakau & Waiuku) $635 $666 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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