December 2023

REINZ Residential Rent Review

December 2023

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1 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $395 $423 7%
Browns Bay / Torbay / Albany $450 $469 4%
East Coast Bays $454 $422 -7%
Glenfield (Sunnynook, Northcote & Birkdale) $377 $446 18%
Birkenhead (Northcote Point) $443 $479 8%
Takapuna/ Milford $529 $515 -3%
Devonport $485 $500 3%
West AKL (Glendene, Glen Eden & Massey) $370 $416 12%
Te Atatu (Westgate & West Harbour) $432 $472 9%
Waterview (Avondale & Titirangi) $380 $428 13%
City Centre (Parnell, Grafton & Newton) $390 $456 17%
Ponsonby (St Marys & Herne Bay) $500 $556 11%
Grey Lynn / Westmere $477 $558 17%
Mt Albert/ Pt Chev $396 $460 16%
Sandringham (Three Kings & Hillsborough) $418 $472 13%
Mt Roskill (Owairaka & Lynfield) $369 $395 7%
Mt Eden (Kingsland & Balmoral) $425 $472 11%
Epsom (Newmarket & Royal Oak) $439 $465 6%
One Tree Hill / Ellerslie $421 $464 10%
City Bays (Mission Bay to St Heliers) $460 $470 2%
Remuera $416 $449 8%
Meadowbank (Remuera South & Glendowie) $409 $463 13%
Glen Innes / Panmure / Mt Wellington $395 $480 21%
Howick (Bucklands Beach & Botany) $393 $469 19%
Pakuranga $384 $395 3%
Mangere / Otahuhu / Otara $357 $384 8%
Papatoetoe $406 $410 1%
Manukau / Manurewa $390 $442 13%
Papakura $382 $384 1%
Pukekohe (Tuakau & Waiuku) $409 $415 2%

 

2 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $524 $559 7%
Browns Bay / Torbay / Albany $520 $575 11%
East Coast Bays $563 $617 10%
Glenfield (Sunnynook, Northcote & Birkdale) $529 $590 12%
Birkenhead (Northcote Point) $558 $602 8%
Takapuna/ Milford $584 $692 18%
Devonport $627 $619 -1%
West AKL (Glendene, Glen Eden & Massey) $500 $551 10%
Te Atatu (Westgate & West Harbour) $547 $601 10%
Waterview (Avondale & Titirangi) $508 $577 14%
City Centre (Parnell, Grafton & Newton) $512 $597 17%
Ponsonby (St Marys & Herne Bay) $697 $771 11%
Grey Lynn / Westmere $707 $749 6%
Mt Albert/ Pt Chev $544 $601 10%
Sandringham (Three Kings & Hillsborough) $523 $590 13%
Mt Roskill (Owairaka & Lynfield) $510 $566 11%
Mt Eden (Kingsland & Balmoral) $568 $618 9%
Epsom (Newmarket & Royal Oak) $569 $625 10%
One Tree Hill / Ellerslie $539 $598 11%
City Bays (Mission Bay to St Heliers) $606 $671 11%
Remuera $604 $695 15%
Meadowbank (Remuera South & Glendowie) $553 $627 14%
Glen Innes / Panmure / Mt Wellington $515 $576 12%
Howick (Bucklands Beach & Botany) $549 $585 7%
Pakuranga $521 $562 8%
Mangere / Otahuhu / Otara $493 $556 13%
Papatoetoe $513 $560 9%
Manukau / Manurewa $508 $555 9%
Papakura $500 $540 8%
Pukekohe (Tuakau & Waiuku) $468 $507 8%

 

3 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $645 $686 6%
Browns Bay / Torbay / Albany $663 $713 8%
East Coast Bays $726 $778 7%
Glenfield (Sunnynook, Northcote & Birkdale) $643 $688 7%
Birkenhead (Northcote Point) $682 $761 12%
Takapuna/ Milford $736 $822 12%
Devonport $794 $882 11%
West AKL (Glendene, Glen Eden & Massey) $598 $649 9%
Te Atatu (Westgate & West Harbour) $637 $672 5%
Waterview (Avondale & Titirangi) $633 $686 8%
City Centre (Parnell, Grafton & Newton) $763 $841 10%
Ponsonby (St Marys & Herne Bay) $965 $964 0%
Grey Lynn / Westmere $889 $971 9%
Mt Albert/ Pt Chev $714 $756 6%
Sandringham (Three Kings & Hillsborough) $658 $713 8%
Mt Roskill (Owairaka & Lynfield) $641 $698 9%
Mt Eden (Kingsland & Balmoral) $749 $784 5%
Epsom (Newmarket & Royal Oak) $740 $793 7%
One Tree Hill / Ellerslie $688 $631 -8%
City Bays (Mission Bay to St Heliers) $812 $893 10%
Remuera $821 $898 9%
Meadowbank (Remuera South & Glendowie) $790 $814 3%
Glen Innes / Panmure / Mt Wellington $646 $701 9%
Howick (Bucklands Beach & Botany) $675 $725 7%
Pakuranga $637 $680 7%
Mangere / Otahuhu / Otara $636 $671 6%
Papatoetoe $643 $685 7%
Manukau / Manurewa $626 $668 7%
Papakura $613 $663 8%
Pukekohe (Tuakau & Waiuku) $581 $613 6%

 

4 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $772 $819 6%
Browns Bay / Torbay / Albany $827 $864 4%
East Coast Bays $843 $941 12%
Glenfield (Sunnynook, Northcote & Birkdale) $753 $840 12%
Birkenhead (Northcote Point) $850 $863 1%
Takapuna/ Milford $944 $952 1%
Devonport $980 $963 -2%
West AKL (Glendene, Glen Eden & Massey) $716 $767 7%
Te Atatu (Westgate & West Harbour) $774 $813 5%
Waterview (Avondale & Titirangi) $751 $855 14%
City Centre (Parnell, Grafton & Newton) $927 $1,077 16%
Ponsonby (St Marys & Herne Bay) $1,294 $1,217 -6%
Grey Lynn / Westmere $1,123 $1,111 -1%
Mt Albert/ Pt Chev $877 $839 -4%
Sandringham (Three Kings & Hillsborough) $828 $901 9%
Mt Roskill (Owairaka & Lynfield) $800 $889 11%
Mt Eden (Kingsland & Balmoral) $945 $1,039 10%
Epsom (Newmarket & Royal Oak) $1,008 $1,082 7%
One Tree Hill / Ellerslie $838 $934 11%
City Bays (Mission Bay to St Heliers) $1,140 $1,128 -1%
Remuera $1,118 $1,200 7%
Meadowbank (Remuera South & Glendowie) $945 $1,064 13%
Glen Innes / Panmure / Mt Wellington $792 $871 10%
Howick (Bucklands Beach & Botany) $791 $843 7%
Pakuranga $745 $802 8%
Mangere / Otahuhu / Otara $741 $772 4%
Papatoetoe $728 $750 3%
Manukau / Manurewa $728 $777 7%
Papakura $701 $765 9%
Pukekohe (Tuakau & Waiuku) $666 $698 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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