January 2024

REINZ Residential Rent Review

January 2024

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1 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $376 $428 14%
Browns Bay / Torbay / Albany $446 $478 7%
East Coast Bays $450 $421 -7%
Glenfield (Sunnynook, Northcote & Birkdale) $392 $441 12%
Birkenhead (Northcote Point) $419 $475 13%
Takapuna/ Milford $510 $509 0%
Devonport $482 $500 4%
West AKL (Glendene, Glen Eden & Massey) $368 $414 13%
Te Atatu (Westgate & West Harbour) $425 $487 15%
Waterview (Avondale & Titirangi) $369 $437 19%
City Centre (Parnell, Grafton & Newton) $395 $457 16%
Ponsonby (St Marys & Herne Bay) $500 $558 12%
Grey Lynn / Westmere $482 $572 19%
Mt Albert/ Pt Chev $413 $454 10%
Sandringham (Three Kings & Hillsborough) $421 $475 13%
Mt Roskill (Owairaka & Lynfield) $366 $408 12%
Mt Eden (Kingsland & Balmoral) $423 $474 12%
Epsom (Newmarket & Royal Oak) $439 $493 12%
One Tree Hill / Ellerslie $422 $481 14%
City Bays (Mission Bay to St Heliers) $453 $454 0%
Remuera $420 $459 9%
Meadowbank (Remuera South & Glendowie) $405 $458 13%
Glen Innes / Panmure / Mt Wellington $398 $479 20%
Howick (Bucklands Beach & Botany) $385 $466 21%
Pakuranga $390 $401 3%
Mangere / Otahuhu / Otara $418 $382 -9%
Papatoetoe $388 $405 4%
Manukau / Manurewa $391 $442 13%
Papakura $366 $385 5%
Pukekohe (Tuakau & Waiuku) $413 $419 1%

 

2 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $522 $559 7%
Browns Bay / Torbay / Albany $521 $571 10%
East Coast Bays $558 $620 11%
Glenfield (Sunnynook, Northcote & Birkdale) $529 $592 12%
Birkenhead (Northcote Point) $556 $599 8%
Takapuna/ Milford $585 $663 13%
Devonport $630 $615 -2%
West AKL (Glendene, Glen Eden & Massey) $499 $557 12%
Te Atatu (Westgate & West Harbour) $554 $602 9%
Waterview (Avondale & Titirangi) $505 $580 15%
City Centre (Parnell, Grafton & Newton) $515 $596 16%
Ponsonby (St Marys & Herne Bay) $690 $769 11%
Grey Lynn / Westmere $706 $760 8%
Mt Albert/ Pt Chev $548 $608 11%
Sandringham (Three Kings & Hillsborough) $523 $585 12%
Mt Roskill (Owairaka & Lynfield) $514 $571 11%
Mt Eden (Kingsland & Balmoral) $565 $621 10%
Epsom (Newmarket & Royal Oak) $566 $616 9%
One Tree Hill / Ellerslie $531 $602 13%
City Bays (Mission Bay to St Heliers) $611 $669 10%
Remuera $617 $709 15%
Meadowbank (Remuera South & Glendowie) $558 $617 11%
Glen Innes / Panmure / Mt Wellington $517 $582 13%
Howick (Bucklands Beach & Botany) $555 $587 6%
Pakuranga $525 $560 7%
Mangere / Otahuhu / Otara $493 $566 15%
Papatoetoe $513 $560 9%
Manukau / Manurewa $507 $557 10%
Papakura $500 $547 9%
Pukekohe (Tuakau & Waiuku) $468 $521 11%

 

3 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $645 $688 7%
Browns Bay / Torbay / Albany $667 $723 8%
East Coast Bays $726 $777 7%
Glenfield (Sunnynook, Northcote & Birkdale) $646 $689 7%
Birkenhead (Northcote Point) $690 $768 11%
Takapuna/ Milford $733 $843 15%
Devonport $818 $874 7%
West AKL (Glendene, Glen Eden & Massey) $598 $652 9%
Te Atatu (Westgate & West Harbour) $636 $672 6%
Waterview (Avondale & Titirangi) $631 $692 10%
City Centre (Parnell, Grafton & Newton) $774 $871 13%
Ponsonby (St Marys & Herne Bay) $984 $998 1%
Grey Lynn / Westmere $871 $973 12%
Mt Albert/ Pt Chev $693 $766 11%
Sandringham (Three Kings & Hillsborough) $663 $714 8%
Mt Roskill (Owairaka & Lynfield) $641 $701 9%
Mt Eden (Kingsland & Balmoral) $739 $782 6%
Epsom (Newmarket & Royal Oak) $747 $801 7%
One Tree Hill / Ellerslie $686 $626 -9%
City Bays (Mission Bay to St Heliers) $817 $877 7%
Remuera $818 $904 10%
Meadowbank (Remuera South & Glendowie) $776 $810 4%
Glen Innes / Panmure / Mt Wellington $646 $708 10%
Howick (Bucklands Beach & Botany) $675 $732 8%
Pakuranga $631 $683 8%
Mangere / Otahuhu / Otara $639 $676 6%
Papatoetoe $643 $689 7%
Manukau / Manurewa $629 $668 6%
Papakura $607 $665 10%
Pukekohe (Tuakau & Waiuku) $582 $619 6%

 

4 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $804 $819 2%
Browns Bay / Torbay / Albany $831 $870 5%
East Coast Bays $810 $943 16%
Glenfield (Sunnynook, Northcote & Birkdale) $786 $845 8%
Birkenhead (Northcote Point) $844 $849 1%
Takapuna/ Milford $962 $964 0%
Devonport $1,024 $963 -6%
West AKL (Glendene, Glen Eden & Massey) $724 $767 6%
Te Atatu (Westgate & West Harbour) $771 $816 6%
Waterview (Avondale & Titirangi) $756 $860 14%
City Centre (Parnell, Grafton & Newton) $953 $1,166 22%
Ponsonby (St Marys & Herne Bay) $1,279 $1,219 -5%
Grey Lynn / Westmere $1,053 $1,130 7%
Mt Albert/ Pt Chev $848 $849 0%
Sandringham (Three Kings & Hillsborough) $821 $898 9%
Mt Roskill (Owairaka & Lynfield) $800 $877 10%
Mt Eden (Kingsland & Balmoral) $938 $1,014 8%
Epsom (Newmarket & Royal Oak) $1,033 $1,078 4%
One Tree Hill / Ellerslie $840 $931 11%
City Bays (Mission Bay to St Heliers) $1,107 $1,160 5%
Remuera $1,109 $1,192 8%
Meadowbank (Remuera South & Glendowie) $939 $1,056 12%
Glen Innes / Panmure / Mt Wellington $796 $893 12%
Howick (Bucklands Beach & Botany) $789 $855 8%
Pakuranga $748 $814 9%
Mangere / Otahuhu / Otara $731 $776 6%
Papatoetoe $726 $765 5%
Manukau / Manurewa $731 $783 7%
Papakura $702 $768 9%
Pukekohe (Tuakau & Waiuku) $669 $705 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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