January 2022

REINZ Residential Rent Review

January 2022

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1 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $363 $403 11%
Browns Bay / Torbay / Albany $375 $371 -1%
East Coast Bays $434 $446 3%
Glenfield (Sunnynook, Northcote & Birkdale) $377 $392 4%
Birkenhead (Northcote Point) $413 $391 -5%
Takapuna/ Milford $491 $472 -4%
Devonport $477 $445 -7%
West AKL (Glendene, Glen Eden & Massey) $348 $373 7%
Te Atatu (Westgate & West Harbour) $397 $430 8%
Waterview (Avondale & Titirangi) $322 $376 17%
City Centre (Parnell, Grafton & Newton) $390 $394 1%
Ponsonby (St Marys & Herne Bay) $516 $526 2%
Grey Lynn / Westmere $460 $510 11%
Mt Albert/ Pt Chev $460 $393 -15%
Sandringham (Three Kings & Hillsborough) $392 $434 11%
Mt Roskill (Owairaka & Lynfield) $383 $388 2%
Mt Eden (Kingsland & Balmoral) $410 $435 6%
Epsom (Newmarket & Royal Oak) $403 $439 9%
One Tree Hill / Ellerslie $380 $418 10%
City Bays (Mission Bay to St Heliers) $440 $475 8%
Remuera $376 $410 9%
Meadowbank (Remuera South & Glendowie) $396 $409 3%
Glen Innes / Panmure / Mt Wellington $379 $370 -3%
Howick (Bucklands Beach & Botany) $404 $401 -1%
Pakuranga $389 $390 0%
Mangere / Otahuhu / Otara $363 $383 6%
Papatoetoe $354 $365 3%
Manukau / Manurewa $411 $417 1%
Papakura $315 $354 12%
Pukekohe (Tuakau & Waiuku) $364 $377 3%

 

2 Bedroom

SUBURB 2021 2022 Variance %

Orewa (Silverdale to Wellsford)

$485

$513

6%

Browns Bay / Torbay / Albany $499 $526 5%
East Coast Bays $538 $576 7%
Glenfield (Sunnynook, Northcote & Birkdale) $501 $533 6%
Birkenhead (Northcote Point) $515 $510 -1%
Takapuna/ Milford $622 $599 -4%
Devonport $560 $574 2%
West AKL (Glendene, Glen Eden & Massey) $458 $493 8%
Te Atatu (Westgate & West Harbour) $486 $535 10%
Waterview (Avondale & Titirangi) $480 $533 11%
City Centre (Parnell, Grafton & Newton) $521 $508 -3%
Ponsonby (St Marys & Herne Bay) $686 $718 5%
Grey Lynn / Westmere $666 $678 2%
Mt Albert/ Pt Chev $564 $538 -5%
Sandringham (Three Kings & Hillsborough) $512 $519 1%
Mt Roskill (Owairaka & Lynfield) $500 $505 1%
Mt Eden (Kingsland & Balmoral) $569 $578 2%
Epsom (Newmarket & Royal Oak) $552 $573 4%
One Tree Hill / Ellerslie $516 $536 4%
City Bays (Mission Bay to St Heliers) $624 $614 -1%
Remuera $606 $589 -3%
Meadowbank (Remuera South & Glendowie) $549 $577 5%
Glen Innes / Panmure / Mt Wellington $497 $513 3%
Howick (Bucklands Beach & Botany) $528 $535 1%
Pakuranga $484 $505 4%
Mangere / Otahuhu / Otara $457 $499 9%
Papatoetoe $488 $503 3%
Manukau / Manurewa $464 $514 11%
Papakura $452 $488 8%
Pukekohe (Tuakau & Waiuku) $410 $470 15%

 

3 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $594 $629 6%
Browns Bay / Torbay / Albany $641 $668 4%
East Coast Bays $695 $739 6%
Glenfield (Sunnynook, Northcote & Birkdale) $611 $635 4%
Birkenhead (Northcote Point) $696 $713 2%
Takapuna/ Milford $713 $729 2%
Devonport $788 $776 -1%
West AKL (Glendene, Glen Eden & Massey) $562 $591 5%
Te Atatu (Westgate & West Harbour) $593 $628 6%
Waterview (Avondale & Titirangi) $607 $620 2%
City Centre (Parnell, Grafton & Newton) $765 $746 -2%
Ponsonby (St Marys & Herne Bay) $1,000 $1,006 1%
Grey Lynn / Westmere $879 $851 -3%
Mt Albert/ Pt Chev $700 $708 1%
Sandringham (Three Kings & Hillsborough) $659 $676 3%
Mt Roskill (Owairaka & Lynfield) $607 $620 2%
Mt Eden (Kingsland & Balmoral) $745 $760 2%
Epsom (Newmarket & Royal Oak) $729 $743 2%
One Tree Hill / Ellerslie $682 $680 0%
City Bays (Mission Bay to St Heliers) $833 $847 2%
Remuera $836 $763 -9%
Meadowbank (Remuera South & Glendowie) $747 $790 6%
Glen Innes / Panmure / Mt Wellington $638 $648 2%
Howick (Bucklands Beach & Botany) $647 $661 2%
Pakuranga $600 $621 4%
Mangere / Otahuhu / Otara $585 $615 5%
Papatoetoe $594 $641 8%
Manukau / Manurewa $576 $620 8%
Papakura $565 $620 10%
Pukekohe (Tuakau & Waiuku) $500 $570 14%

 

4 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $695 $755 9%
Browns Bay / Torbay / Albany $770 $795 3%
East Coast Bays $848 $819 -3%
Glenfield (Sunnynook, Northcote & Birkdale) $726 $772 6%
Birkenhead (Northcote Point) $821 $786 -4%
Takapuna/ Milford $887 $951 7%
Devonport $1,060 $978 -8%
West AKL (Glendene, Glen Eden & Massey) $653 $708 9%
Te Atatu (Westgate & West Harbour) $707 $746 6%
Waterview (Avondale & Titirangi) $718 $743 4%
City Centre (Parnell, Grafton & Newton) $918 $695 -24%
Ponsonby (St Marys & Herne Bay) $1,508 $1,300 -14%
Grey Lynn / Westmere $1,087 $1,042 -4%
Mt Albert/ Pt Chev $861 $730 -15%
Sandringham (Three Kings & Hillsborough) $737 $808 10%
Mt Roskill (Owairaka & Lynfield) $737 $778 6%
Mt Eden (Kingsland & Balmoral) $904 $966 7%
Epsom (Newmarket & Royal Oak) $880 $940 7%
One Tree Hill / Ellerslie $829 $822 -1%
City Bays (Mission Bay to St Heliers) $1,119 $1,164 4%
Remuera $1,140 $1,100 -3%
Meadowbank (Remuera South & Glendowie) $968 $979 1%
Glen Innes / Panmure / Mt Wellington $742 $801 8%
Howick (Bucklands Beach & Botany) $747 $774 4%
Pakuranga $708 $738 4%
Mangere / Otahuhu / Otara $639 $706 11%
Papatoetoe $681 $714 5%
Manukau / Manurewa $703 $701 0%
Papakura $656 $691 5%
Pukekohe (Tuakau & Waiuku) $592 $643 9%

 

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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