June 2021

REINZ Residential Rent Review - May 2021 Data

June 2021

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1 Bedroom

SUBURB 2020 2021 Variance %
Orewa (Silverdale to Wellsford) $357 $352 -1%
Browns Bay / Torbay / Albany $408 $411 1%
East Coast Bays $385 $447 16%
Glenfield (Sunnynook, Northcote & Birkdale) $377 $400 6%
Birkenhead (Northcote Point) $386 $401 4%
Takapuna/ Milford $507 $505 0%
Devonport $434 $490 13%
West AKL (Glendene, Glen Eden & Massey) $347 $377 9%
Te Atatu (Westgate & West Harbour) $366 $398 9%
Waterview (Avondale & Titirangi) $343 $338 -1%
City Centre (Parnell, Grafton & Newton) $423 $387 -9%
Ponsonby (St Marys & Herne Bay) $514 $519 1%
Grey Lynn / Westmere $437 $431 -1%
Mt Albert/ Pt Chev $365 $411 13%
Sandringham (Three Kings & Hillsborough) $361 $405 12%
Mt Roskill (Owairaka & Lynfield) $368 $374 2%
Mt Eden (Kingsland & Balmoral) $409 $426 4%
Epsom (Newmarket & Royal Oak) $420 $434 3%
One Tree Hill / Ellerslie $408 $384 -6%
City Bays (Mission Bay to St Heliers) $463 $462 0%
Remuera $408 $412 1%
Meadowbank (Remuera South & Glendowie) $399 $400 0%
Glen Innes / Panmure / Mt Wellington $365 $391 7%
Howick (Bucklands Beach & Botany) $393 $409 4%
Pakuranga $334 $432 29%
Mangere / Otahuhu / Otara $409 $337 -18%
Papatoetoe $344 $359 5%
Manukau / Manurewa $381 $406 6%
Papakura $259 $285 10%
Pukekohe (Tuakau & Waiuku) $314 $363 16%

 

2 Bedroom

SUBURB 2020 2021 Variance %
Orewa (Silverdale to Wellsford) $477 $506 6%
Browns Bay / Torbay / Albany $504 $511 1%
East Coast Bays $555 $548 -1%
Glenfield (Sunnynook, Northcote & Birkdale) $505 $525 4%
Birkenhead (Northcote Point) $533 $530 0%
Takapuna/ Milford $615 $584 -5%
Devonport $582 $579 0%
West AKL (Glendene, Glen Eden & Massey) $443 $474 7%
Te Atatu (Westgate & West Harbour) $485 $518 7%
Waterview (Avondale & Titirangi) $478 $496 4%
City Centre (Parnell, Grafton & Newton) $565 $512 -9%
Ponsonby (St Marys & Herne Bay) $733 $721 -2%
Grey Lynn / Westmere $686 $676 -1%
Mt Albert / Pt Chev $520 $544 5%
Sandringham (Three Kings & Hillsborough) $513 $513 0%
Mt Roskill (Owairaka & Lynfield) $492 $505 3%
Mt Eden (Kingsland & Balmoral) $568 $577 2%
Epsom (Newmarket & Royal Oak) $566 $561 -1%
One Tree Hill / Ellerslie $518 $528 2%
City Bays (Mission Bay to St Heliers) $605 $626 3%
Remuera $612 $608 -1%
Meadowbank (Remuera South & Glendowie) $550 $555 1%
Glen Innes / Panmure / Mt Wellington $494 $504 2%
Howick (Bucklands Beach & Botany) $512 $539 5%
Pakuranga $488 $501 3%
Mangere / Otahuhu / Otara $454 $473 4%
Papatoetoe $470 $498 6%
Manukau / Manurewa $458 $485 6%
Papakura $437 $479 10%
Pukekohe (Tuakau & Waiuku) $412 $437 6%

 

3 Bedroom

SUBURB 2020 2021 Variance %
Orewa (Silverdale to Wellsford) $568 $608 7%
Browns Bay / Torbay / Albany $625 $645 3%
East Coast Bays $672 $698 4%
Glenfield (Sunnynook, Northcote & Birkdale) $599 $622 4%
Birkenhead (Northcote Point) $662 $664 0%
Takapuna/ Milford $760 $756 0%
Devonport $742 $761 3%
West AKL (Glendene, Glen Eden & Massey) $543 $570 5%
Te Atatu (Westgate & West Harbour) $564 $600 6%
Waterview (Avondale & Titirangi) $587 $622 6%
City Centre (Parnell, Grafton & Newton) $793 $785 -1%
Ponsonby (St Marys & Herne Bay) $967 $1,023 6%
Grey Lynn / Westmere $926 $859 -7%
Mt Albert/ Pt Chev $703 $735 5%
Sandringham (Three Kings & Hillsborough) $658 $646 -2%
Mt Roskill (Owairaka & Lynfield) $590 $622 5%
Mt Eden (Kingsland & Balmoral) $685 $726 6%
Epsom (Newmarket & Royal Oak) $750 $735 -2%
One Tree Hill / Ellerslie $654 $686 5%
City Bays (Mission Bay to St Heliers) $818 $852 4%
Remuera $762 $813 7%
Meadowbank (Remuera South & Glendowie) $774 $760 -2%
Glen Innes / Panmure / Mt Wellington $597 $633 6%
Howick (Bucklands Beach & Botany) $627 $655 4%
Pakuranga $578 $600 4%
Mangere / Otahuhu / Otara $552 $593 8%
Papatoetoe $565 $610 8%
Manukau / Manurewa $550 $588 7%
Papakura $527 $588 12%
Pukekohe (Tuakau & Waiuku) $485 $522 8%

 

4 Bedroom

SUBURB 2020 2021 Variance %
Orewa (Silverdale to Wellsford) $692 $729 5%
Browns Bay / Torbay / Albany $757 $774 2%
East Coast Bays $855 $859 1%
Glenfield (Sunnynook, Northcote & Birkdale) $722 $752 4%
Birkenhead (Northcote Point) $787 $789 0%
Takapuna/ Milford $857 $957 12%
Devonport $1,017 $1,100 8%
West AKL (Glendene, Glen Eden & Massey) $634 $672 6%
Te Atatu (Westgate & West Harbour) $745 $707 -5%
Waterview (Avondale & Titirangi) $706 $620 -12%
City Centre (Parnell, Grafton & Newton) $979 $977 0%
Ponsonby (St Marys & Herne Bay) $1,574 $1,229 -22%
Grey Lynn / Westmere $985 $992 1%
Mt Albert/ Pt Chev $832 $863 4%
Sandringham (Three Kings & Hillsborough) $755 $797 6%
Mt Roskill (Owairaka & Lynfield) $695 $756 9%
Mt Eden (Kingsland & Balmoral) $934 $913 -2%
Epsom (Newmarket & Royal Oak) $943 $964 2%
One Tree Hill / Ellerslie $808 $798 -1%
City Bays (Mission Bay to St Heliers) $1,117 $1,125 1%
Remuera $1,065 $1,151 8%
Meadowbank (Remuera South & Glendowie) $890 $895 1%
Glen Innes / Panmure / Mt Wellington $753 $772 3%
Howick (Bucklands Beach & Botany) $737 $749 2%
Pakuranga $689 $756 10%
Mangere / Otahuhu / Otara $643 $676 5%
Papatoetoe $654 $693 6%
Manukau / Manurewa $637 $691 8%
Papakura $612 $642 5%
Pukekohe (Tuakau & Waiuku) $585 $618 6%

 

NOTE: The way MBIE is reporting rental data to REINZ has changed. They will no longer be providing rental data from the previous month, with the intention of providing a more complete and accurate picture of all bonds lodged by tenancy start date. 

Previously, 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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