July 2024

REINZ Residential Rent Review

July 2024

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1 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $402 $447 11%
Browns Bay / Torbay / Albany $461 $486 5%
East Coast Bays $427 $471 10%
Glenfield (Sunnynook, Northcote & Birkdale) $434 $430 -1%
Birkenhead (Northcote Point) $491 $494 1%
Takapuna/ Milford $557 $537 -4%
Devonport $492 $557 13%
West AKL (Glendene, Glen Eden & Massey) $390 $423 8%
Te Atatu (Westgate & West Harbour) $448 $483 8%
Waterview (Avondale & Titirangi) $408 $473 16%
City Centre (Parnell, Grafton & Newton) $439 $456 4%
Ponsonby (St Marys & Herne Bay) $551 $583 6%
Grey Lynn / Westmere $511 $536 5%
Mt Albert/ Pt Chev $409 $476 16%
Sandringham (Three Kings & Hillsborough) $437 $480 10%
Mt Roskill (Owairaka & Lynfield) $410 $464 13%
Mt Eden (Kingsland & Balmoral) $460 $500 9%
Epsom (Newmarket & Royal Oak) $434 $498 15%
One Tree Hill / Ellerslie $455 $484 6%
City Bays (Mission Bay to St Heliers) $472 $449 -5%
Remuera $485 $504 4%
Meadowbank (Remuera South & Glendowie) $448 $516 15%
Glen Innes / Panmure / Mt Wellington $441 $465 6%
Howick (Bucklands Beach & Botany) $433 $460 6%
Pakuranga $411 $424 3%
Mangere / Otahuhu / Otara $427 $388 -9%
Papatoetoe $388 $410 6%
Manukau / Manurewa $394 $424 8%
Papakura $385 $398 3%
Pukekohe (Tuakau & Waiuku) $398 $434 9%

 

2 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $553 $571 3%
Browns Bay / Torbay / Albany $560 $580 4%
East Coast Bays $601 $620 3%
Glenfield (Sunnynook, Northcote & Birkdale) $563 $594 5%
Birkenhead (Northcote Point) $568 $626 10%
Takapuna/ Milford $706 $695 -1%
Devonport $629 $668 6%
West AKL (Glendene, Glen Eden & Massey) $527 $586 11%
Te Atatu (Westgate & West Harbour) $592 $619 5%
Waterview (Avondale & Titirangi) $548 $599 9%
City Centre (Parnell, Grafton & Newton) $578 $599 4%
Ponsonby (St Marys & Herne Bay) $746 $766 3%
Grey Lynn / Westmere $722 $782 8%
Mt Albert/ Pt Chev $578 $634 10%
Sandringham (Three Kings & Hillsborough) $567 $598 6%
Mt Roskill (Owairaka & Lynfield) $530 $591 12%
Mt Eden (Kingsland & Balmoral) $594 $646 9%
Epsom (Newmarket & Royal Oak) $602 $636 6%
One Tree Hill / Ellerslie $569 $624 10%
City Bays (Mission Bay to St Heliers) $665 $714 7%
Remuera $629 $659 5%
Meadowbank (Remuera South & Glendowie) $613 $649 6%
Glen Innes / Panmure / Mt Wellington $540 $605 12%
Howick (Bucklands Beach & Botany) $569 $604 6%
Pakuranga $551 $584 6%
Mangere / Otahuhu / Otara $511 $581 14%
Papatoetoe $536 $571 7%
Manukau / Manurewa $534 $587 10%
Papakura $504 $556 10%
Pukekohe (Tuakau & Waiuku) $468 $530 13%

 

3 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $661 $703 6%
Browns Bay / Torbay / Albany $699 $741 6%
East Coast Bays $770 $809 5%
Glenfield (Sunnynook, Northcote & Birkdale) $670 $711 6%
Birkenhead (Northcote Point) $762 $785 3%
Takapuna/ Milford $736 $838 14%
Devonport $865 $879 2%
West AKL (Glendene, Glen Eden & Massey) $629 $669 6%
Te Atatu (Westgate & West Harbour) $661 $691 5%
Waterview (Avondale & Titirangi) $666 $705 6%
City Centre (Parnell, Grafton & Newton) $776 $875 13%
Ponsonby (St Marys & Herne Bay) $1,016 $1,111 9%
Grey Lynn / Westmere $926 $997 8%
Mt Albert/ Pt Chev $736 $816 11%
Sandringham (Three Kings & Hillsborough) $719 $734 2%
Mt Roskill (Owairaka & Lynfield) $657 $733 12%
Mt Eden (Kingsland & Balmoral) $778 $842 8%
Epsom (Newmarket & Royal Oak) $773 $863 12%
One Tree Hill / Ellerslie $717 $780 9%
City Bays (Mission Bay to St Heliers) $932 $918 -2%
Remuera $847 $865 2%
Meadowbank (Remuera South & Glendowie) $796 $827 4%
Glen Innes / Panmure / Mt Wellington $686 $741 8%
Howick (Bucklands Beach & Botany) $691 $747 8%
Pakuranga $654 $713 9%
Mangere / Otahuhu / Otara $643 $699 9%
Papatoetoe $661 $720 9%
Manukau / Manurewa $650 $688 6%
Papakura $638 $684 7%
Pukekohe (Tuakau & Waiuku) $594 $633 7%

 

4 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $813 $841 4%
Browns Bay / Torbay / Albany $841 $898 7%
East Coast Bays $838 $1,042 24%
Glenfield (Sunnynook, Northcote & Birkdale) $798 $858 8%
Birkenhead (Northcote Point) $895 $910 2%
Takapuna/ Milford $956 $990 4%
Devonport $994 $1,175 18%
West AKL (Glendene, Glen Eden & Massey) $754 $793 5%
Te Atatu (Westgate & West Harbour) $798 $856 7%
Waterview (Avondale & Titirangi) $808 $869 8%
City Centre (Parnell, Grafton & Newton) $942 $1,052 12%
Ponsonby (St Marys & Herne Bay) $1,497 $1,347 -10%
Grey Lynn / Westmere $1,067 $1,221 14%
Mt Albert/ Pt Chev $922 $995 8%
Sandringham (Three Kings & Hillsborough) $859 $876 2%
Mt Roskill (Owairaka & Lynfield) $838 $854 2%
Mt Eden (Kingsland & Balmoral) $1,012 $1,037 2%
Epsom (Newmarket & Royal Oak) $1,050 $1,104 5%
One Tree Hill / Ellerslie $866 $948 10%
City Bays (Mission Bay to St Heliers) $1,149 $1,205 5%
Remuera $1,158 $1,178 2%
Meadowbank (Remuera South & Glendowie) $1,036 $1,065 3%
Glen Innes / Panmure / Mt Wellington $839 $863 3%
Howick (Bucklands Beach & Botany) $822 $876 7%
Pakuranga $796 $836 5%
Mangere / Otahuhu / Otara $753 $790 5%
Papatoetoe $758 $802 6%
Manukau / Manurewa $759 $812 7%
Papakura $736 $785 7%
Pukekohe (Tuakau & Waiuku) $692 $732 6%

 

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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