February 2022

REINZ Residential Rent Review

February 2022

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1 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $367 $399 9%
Browns Bay / Torbay / Albany $363 $400 10%
East Coast Bays $442 $442 0%
Glenfield (Sunnynook, Northcote & Birkdale) $382 $391 2%
Birkenhead (Northcote Point) $414 $413 0%
Takapuna/ Milford $504 $483 -4%
Devonport $477 $457 -4%
West AKL (Glendene, Glen Eden & Massey) $346 $376 9%
Te Atatu (Westgate & West Harbour) $396 $429 8%
Waterview (Avondale & Titirangi) $309 $375 21%
City Centre (Parnell, Grafton & Newton) $391 $396 1%
Ponsonby (St Marys & Herne Bay) $507 $542 7%
Grey Lynn / Westmere $441 $498 13%
Mt Albert/ Pt Chev $461 $396 -14%
Sandringham (Three Kings & Hillsborough) $388 $442 14%
Mt Roskill (Owairaka & Lynfield) $378 $400 6%
Mt Eden (Kingsland & Balmoral) $415 $437 5%
Epsom (Newmarket & Royal Oak) $407 $442 9%
One Tree Hill / Ellerslie $371 $434 17%
City Bays (Mission Bay to St Heliers) $433 $485 12%
Remuera $385 $396 3%
Meadowbank (Remuera South & Glendowie) $407 $400 -2%
Glen Innes / Panmure / Mt Wellington $376 $394 5%
Howick (Bucklands Beach & Botany) $403 $419 4%
Pakuranga $400 $415 4%
Mangere / Otahuhu / Otara $361 $404 12%
Papatoetoe $357 $359 1%
Manukau / Manurewa $410 $403 -2%
Papakura $311 $372 20%
Pukekohe (Tuakau & Waiuku) $366 $373 2%

 

2 Bedroom 

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $491 $521 6%
Browns Bay / Torbay / Albany $506 $534 6%
East Coast Bays $534 $579 8%
Glenfield (Sunnynook, Northcote & Birkdale) $505 $531 5%
Birkenhead (Northcote Point) $522 $504 -3%
Takapuna/ Milford $622 $592 -5%
Devonport $566 $569 1%
West AKL (Glendene, Glen Eden & Massey) $463 $496 7%
Te Atatu (Westgate & West Harbour) $493 $538 9%
Waterview (Avondale & Titirangi) $480 $519 8%
City Centre (Parnell, Grafton & Newton) $519 $509 -2%
Ponsonby (St Marys & Herne Bay) $694 $718 4%
Grey Lynn / Westmere $666 $690 4%
Mt Albert/ Pt Chev $546 $538 -2%
Sandringham (Three Kings & Hillsborough) $516 $526 2%
Mt Roskill (Owairaka & Lynfield) $496 $510 3%
Mt Eden (Kingsland & Balmoral) $564 $580 3%
Epsom (Newmarket & Royal Oak) $553 $573 3%
One Tree Hill / Ellerslie $518 $546 5%
City Bays (Mission Bay to St Heliers) $627 $611 -3%
Remuera $613 $596 -3%
Meadowbank (Remuera South & Glendowie) $547 $579 6%
Glen Innes / Panmure / Mt Wellington $501 $517 3%
Howick (Bucklands Beach & Botany) $529 $541 2%
Pakuranga $486 $512 5%
Mangere / Otahuhu / Otara $465 $496 7%
Papatoetoe $490 $504 3%
Manukau / Manurewa $470 $518 10%
Papakura $455 $483 6%
Pukekohe (Tuakau & Waiuku) $419 $473 13%

 

3 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $590 $627 6%
Browns Bay / Torbay / Albany $638 $666 4%
East Coast Bays $693 $734 6%
Glenfield (Sunnynook, Northcote & Birkdale) $608 $635 5%
Birkenhead (Northcote Point) $699 $698 0%
Takapuna/ Milford $706 $733 4%
Devonport $779 $786 1%
West AKL (Glendene, Glen Eden & Massey) $558 $592 6%
Te Atatu (Westgate & West Harbour) $593 $618 4%
Waterview (Avondale & Titirangi) $608 $624 3%
City Centre (Parnell, Grafton & Newton) $765 $739 -3%
Ponsonby (St Marys & Herne Bay) $1,013 $1,029 2%
Grey Lynn / Westmere $874 $855 -2%
Mt Albert/ Pt Chev $698 $705 1%
Sandringham (Three Kings & Hillsborough) $657 $671 2%
Mt Roskill (Owairaka & Lynfield) $607 $619 2%
Mt Eden (Kingsland & Balmoral) $755 $751 0%
Epsom (Newmarket & Royal Oak) $718 $750 5%
One Tree Hill / Ellerslie $677 $691 2%
City Bays (Mission Bay to St Heliers) $826 $859 4%
Remuera $833 $785 -6%
Meadowbank (Remuera South & Glendowie) $746 $784 5%
Glen Innes / Panmure / Mt Wellington $630 $657 4%
Howick (Bucklands Beach & Botany) $648 $664 2%
Pakuranga $597 $616 3%
Mangere / Otahuhu / Otara $584 $618 6%
Papatoetoe $595 $633 6%
Manukau / Manurewa $573 $615 7%
Papakura $558 $613 10%
Pukekohe (Tuakau & Waiuku) $497 $568 14%

 

4 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $695 $766 10%
Browns Bay / Torbay / Albany $765 $801 5%
East Coast Bays $855 $821 -4%
Glenfield (Sunnynook, Northcote & Birkdale) $725 $768 6%
Birkenhead (Northcote Point) $814 $796 -2%
Takapuna/ Milford $883 $989 12%
Devonport $1,050 $976 -7%
West AKL (Glendene, Glen Eden & Massey) $653 $713 9%
Te Atatu (Westgate & West Harbour) $704 $756 7%
Waterview (Avondale & Titirangi) $724 $751 4%
City Centre (Parnell, Grafton & Newton) $974 $846 -13%
Ponsonby (St Marys & Herne Bay) $1,596 $1,269 -20%
Grey Lynn / Westmere $1,128 $1,039 -8%
Mt Albert/ Pt Chev $852 $760 -11%
Sandringham (Three Kings & Hillsborough) $761 $805 6%
Mt Roskill (Owairaka & Lynfield) $724 $787 9%
Mt Eden (Kingsland & Balmoral) $892 $967 8%
Epsom (Newmarket & Royal Oak) $903 $957 6%
One Tree Hill / Ellerslie $824 $825 0%
City Bays (Mission Bay to St Heliers) $1,131 $1,154 2%
Remuera $1,140 $1,132 -1%
Meadowbank (Remuera South & Glendowie) $967 $966 0%
Glen Innes / Panmure / Mt Wellington $750 $794 6%
Howick (Bucklands Beach & Botany) $746 $781 5%
Pakuranga $717 $738 3%
Mangere / Otahuhu / Otara $664 $711 7%
Papatoetoe $682 $719 5%
Manukau / Manurewa $659 $697 6%
Papakura $654 $688 5%
Pukekohe (Tuakau & Waiuku) $595 $653 10%

 

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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