July 2023

REINZ Residential Rent Review

July 2023

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1 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $396 $402 1%
Browns Bay / Torbay / Albany $427 $463 8%
East Coast Bays $421 $429 2%
Glenfield (Sunnynook, Northcote & Birkdale) $379 $434 14%
Birkenhead (Northcote Point) $402 $494 23%
Takapuna / Milford         $508 $556 9%
Devonport $448 $492 10%
West AKL (Glendene, Glen Eden & Massey) $381 $390 3%
Te Atatu (Westgate & West Harbour) $427 $448 5%
Waterview (Avondale & Titirangi) $381 $408 7%
City Centre (Parnell, Grafton & Newton) $386 $439 14%
Ponsonby (St Marys & Herne Bay) $501 $551 10%
Grey Lynn / Westmere $481 $511 6%
Mt Albert / Pt Chev $397 $409 3%
Sandringham (Three Kings & Hillsborough) $428 $437 2%
Mt Roskill (Owairaka & Lynfield) $312 $416 33%
Mt Eden (Kingsland & Balmoral) $418 $460 10%
Epsom (Newmarket & Royal Oak) $421 $434 3%
One Tree Hill / Ellerslie $440 $455 3%
City Bays (Mission Bay to St Heliers) $448 $472 5%
Remuera $418 $492 18%
Meadowbank (Remuera South & Glendowie) $387 $448 16%
Glen Innes / Panmure / Mt Wellington $415 $441 6%
Howick (Bucklands Beach & Botany) $427 $433 1%
Pakuranga $360 $411 14%
Mangere / Otahuhu / Otara $344 $427 24%
Papatoetoe $388 $388 0%
Manukau / Manurewa $390 $394 1%
Papakura $369 $383 4%
Pukekohe (Tuakau & Waiuku) $365 $396 8%


2 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $522 $553 6%
Browns Bay / Torbay / Albany $541 $560 3%
East Coast Bays $571 $601 5%
Glenfield (Sunnynook, Northcote & Birkdale) $542 $563 4%
Birkenhead (Northcote Point) $553 $568 3%
Takapuna / Milford         $602 $706 17%
Devonport $581 $629 8%
West AKL (Glendene, Glen Eden & Massey) $517 $527 2%
Te Atatu (Westgate & West Harbour) $537 $592 10%
Waterview (Avondale & Titirangi) $529 $548 4%
City Centre (Parnell, Grafton & Newton) $508 $578 14%
Ponsonby (St Marys & Herne Bay) $704 $746 6%
Grey Lynn / Westmere $698 $722 4%
Mt Albert / Pt Chev $544 $578 6%
Sandringham (Three Kings & Hillsborough) $535 $567 6%
Mt Roskill (Owairaka & Lynfield) $527 $530 1%
Mt Eden (Kingsland & Balmoral) $579 $594 3%
Epsom (Newmarket & Royal Oak) $563 $602 7%
One Tree Hill / Ellerslie $559 $569 2%
City Bays (Mission Bay to St Heliers) $645 $665 3%
Remuera $621 $628 1%
Meadowbank (Remuera South & Glendowie) $553 $613 11%
Glen Innes / Panmure / Mt Wellington $531 $540 2%
Howick (Bucklands Beach & Botany) $546 $569 4%
Pakuranga $522 $551 6%
Mangere / Otahuhu / Otara $482 $511 6%
Papatoetoe $513 $536 4%
Manukau / Manurewa $505 $534 6%
Papakura $493 $504 2%
Pukekohe (Tuakau & Waiuku) $453 $468 3%

 

3 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $636 $661 4%
Browns Bay / Torbay / Albany $665 $699 5%
East Coast Bays $722 $770 7%
Glenfield (Sunnynook, Northcote & Birkdale) $639 $670 5%
Birkenhead (Northcote Point) $684 $762 11%
Takapuna / Milford         $783 $736 -6%
Devonport $771 $865 12%
West AKL (Glendene, Glen Eden & Massey) $599 $629 5%
Te Atatu (Westgate & West Harbour) $633 $661 5%
Waterview (Avondale & Titirangi) $645 $666 3%
City Centre (Parnell, Grafton & Newton) $748 $776 4%
Ponsonby (St Marys & Herne Bay) $964 $1,016 5%
Grey Lynn / Westmere $923 $926 0%
Mt Albert / Pt Chev $734 $736 0%
Sandringham (Three Kings & Hillsborough) $679 $719 6%
Mt Roskill (Owairaka & Lynfield) $647 $657 2%
Mt Eden (Kingsland & Balmoral) $747 $778 4%
Epsom (Newmarket & Royal Oak) $747 $773 3%
One Tree Hill / Ellerslie $696 $717 3%
City Bays (Mission Bay to St Heliers) $851 $932 9%
Remuera $819 $847 3%
Meadowbank (Remuera South & Glendowie) $794 $796 0%
Glen Innes / Panmure / Mt Wellington $655 $686 5%
Howick (Bucklands Beach & Botany) $675 $691 2%
Pakuranga $635 $654 3%
Mangere / Otahuhu / Otara $627 $643 3%
Papatoetoe $637 $661 4%
Manukau / Manurewa $627 $650 4%
Papakura $616 $638 4%
Pukekohe (Tuakau & Waiuku) $578 $594 3%

 

4 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $779 $813 4%
Browns Bay / Torbay / Albany $819 $841 3%
East Coast Bays $848 $838 -1%
Glenfield (Sunnynook, Northcote & Birkdale) $765 $798 4%
Birkenhead (Northcote Point) $852 $895 5%
Takapuna / Milford         $1,001 $956 -4%
Devonport $931 $994 7%
West AKL (Glendene, Glen Eden & Massey) $713 $754 6%
Te Atatu (Westgate & West Harbour) $796 $798 0%
Waterview (Avondale & Titirangi) $757 $808 7%
City Centre (Parnell, Grafton & Newton) $959 $948 -1%
Ponsonby (St Marys & Herne Bay) $1,418 $1,521 7%
Grey Lynn / Westmere $1,074 $1,096 2%
Mt Albert / Pt Chev $877 $923 5%
Sandringham (Three Kings & Hillsborough) $826 $859 4%
Mt Roskill (Owairaka & Lynfield) $778 $838 8%
Mt Eden (Kingsland & Balmoral) $974 $1,012 4%
Epsom (Newmarket & Royal Oak) $982 $1,050 7%
One Tree Hill / Ellerslie $880 $866 -2%
City Bays (Mission Bay to St Heliers) $1,169 $1,149 -2%
Remuera $1,133 $1,158 2%
Meadowbank (Remuera South & Glendowie) $931 $1,036 11%
Glen Innes / Panmure / Mt Wellington $796 $839 5%
Howick (Bucklands Beach & Botany) $794 $822 4%
Pakuranga $738 $796 8%
Mangere / Otahuhu / Otara $716 $753 5%
Papatoetoe $723 $768 6%
Manukau / Manurewa $721 $759 5%
Papakura $708 $736 4%
Pukekohe (Tuakau & Waiuku) $666 $692 4%

 

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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