June 2022

REINZ Residential Rent Review

June 2022

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1 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $352 $391 11%
Browns Bay / Torbay / Albany $407 $427 5%
East Coast Bays $447 $414 -7%
Glenfield (Sunnynook, Northcote & Birkdale) $400 $378 -6%
Birkenhead (Northcote Point) $401 $388 -3%
Takapuna/ Milford $505 $497 -2%
Devonport $456 $448 -2%
West AKL (Glendene, Glen Eden & Massey) $377 $384 2%
Te Atatu (Westgate & West Harbour) $428 $420 -2%
Waterview (Avondale & Titirangi) $338 $379 12%
City Centre (Parnell, Grafton & Newton) $387 $389 1%
Ponsonby (St Marys & Herne Bay) $519 $516 -1%
Grey Lynn / Westmere $426 $494 16%
Mt Albert/ Pt Chev $411 $408 -1%
Sandringham (Three Kings & Hillsborough) $405 $429 6%
Mt Roskill (Owairaka & Lynfield) $374 $323 -14%
Mt Eden (Kingsland & Balmoral) $426 $417 -2%
Epsom (Newmarket & Royal Oak) $434 $418 -4%
One Tree Hill / Ellerslie $384 $440 15%
City Bays (Mission Bay to St Heliers) $462 $462 0%
Remuera $418 $380 -9%
Meadowbank (Remuera South & Glendowie) $400 $380 -5%
Glen Innes / Panmure / Mt Wellington $391 $421 8%
Howick (Bucklands Beach & Botany) $409 $428 5%
Pakuranga $432 $351 -19%
Mangere / Otahuhu / Otara $337 $348 3%
Papatoetoe $359 $376 5%
Manukau / Manurewa $406 $404 0%
Papakura $285 $372 31%
Pukekohe (Tuakau & Waiuku) $363 $358 -1%

 

2 Bedroom

Suburb 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $506 $516 2%
Browns Bay / Torbay / Albany $511 $542 6%
East Coast Bays $548 $565 3%
Glenfield (Sunnynook, Northcote & Birkdale) $525 $540 3%
Birkenhead (Northcote Point) $530 $553 4%
Takapuna/ Milford $584 $602 3%
Devonport $579 $564 -3%
West AKL (Glendene, Glen Eden & Massey) $474 $511 8%
Te Atatu (Westgate & West Harbour) $518 $540 4%
Waterview (Avondale & Titirangi) $496 $526 6%
City Centre (Parnell, Grafton & Newton) $512 $510 0%
Ponsonby (St Marys & Herne Bay) $721 $691 -4%
Grey Lynn / Westmere $682 $695 2%
Mt Albert/ Pt Chev $544 $549 1%
Sandringham (Three Kings & Hillsborough) $513 $533 4%
Mt Roskill (Owairaka & Lynfield) $505 $528 4%
Mt Eden (Kingsland & Balmoral) $577 $579 0%
Epsom (Newmarket & Royal Oak) $561 $564 1%
One Tree Hill / Ellerslie $528 $554 5%
City Bays (Mission Bay to St Heliers) $626 $650 4%
Remuera $609 $618 2%
Meadowbank (Remuera South & Glendowie) $555 $562 1%
Glen Innes / Panmure / Mt Wellington $504 $532 6%
Howick (Bucklands Beach & Botany) $539 $550 2%
Pakuranga $501 $520 4%
Mangere / Otahuhu / Otara $473 $486 3%
Papatoetoe $498 $511 3%
Manukau / Manurewa $485 $510 5%
Papakura $479 $491 3%
Pukekohe (Tuakau & Waiuku) $437 $455 4%

 

3 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $608 $635 4%
Browns Bay / Torbay / Albany $645 $669 4%
East Coast Bays $698 $722 4%
Glenfield (Sunnynook, Northcote & Birkdale) $622 $642 3%
Birkenhead (Northcote Point) $664 $681 3%
Takapuna/ Milford $823 $770 -6%
Devonport $767 $771 1%
West AKL (Glendene, Glen Eden & Massey) $570 $598 5%
Te Atatu (Westgate & West Harbour) $600 $636 6%
Waterview (Avondale & Titirangi) $622 $642 3%
City Centre (Parnell, Grafton & Newton) $785 $764 -3%
Ponsonby (St Marys & Herne Bay) $1,023 $991 -3%
Grey Lynn / Westmere $859 $909 6%
Mt Albert/ Pt Chev $735 $722 -2%
Sandringham (Three Kings & Hillsborough) $646 $679 5%
Mt Roskill (Owairaka & Lynfield) $622 $640 3%
Mt Eden (Kingsland & Balmoral) $726 $739 2%
Epsom (Newmarket & Royal Oak) $735 $744 1%
One Tree Hill / Ellerslie $686 $695 1%
City Bays (Mission Bay to St Heliers) $852 $876 3%
Remuera $813 $806 -1%
Meadowbank (Remuera South & Glendowie) $760 $779 3%
Glen Innes / Panmure / Mt Wellington $633 $655 4%
Howick (Bucklands Beach & Botany) $655 $672 3%
Pakuranga $600 $631 5%
Mangere / Otahuhu / Otara $593 $628 6%
Papatoetoe $610 $637 4%
Manukau / Manurewa $588 $627 7%
Papakura $588 $611 4%
Pukekohe (Tuakau & Waiuku) $522 $574 10%

 

 4 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $738 $774 5%
Browns Bay / Torbay / Albany $781 $811 4%
East Coast Bays $867 $846 -2%
Glenfield (Sunnynook, Northcote & Birkdale) $750 $773 3%
Birkenhead (Northcote Point) $746 $855 15%
Takapuna/ Milford $911 $1,022 12%
Devonport $994 $943 -5%
West AKL (Glendene, Glen Eden & Massey) $688 $711 3%
Te Atatu (Westgate & West Harbour) $727 $794 9%
Waterview (Avondale & Titirangi) $755 $762 1%
City Centre (Parnell, Grafton & Newton) $850 $1,050 24%
Ponsonby (St Marys & Herne Bay) $1,146 $1,444 26%
Grey Lynn / Westmere $1,046 $1,011 -3%
Mt Albert/ Pt Chev $842 $889 6%
Sandringham (Three Kings & Hillsborough) $811 $827 2%
Mt Roskill (Owairaka & Lynfield) $782 $759 -3%
Mt Eden (Kingsland & Balmoral) $940 $980 4%
Epsom (Newmarket & Royal Oak) $1,032 $1,001 -3%
One Tree Hill / Ellerslie $842 $884 5%
City Bays (Mission Bay to St Heliers) $1,108 $1,223 10%
Remuera $1,103 $1,136 3%
Meadowbank (Remuera South & Glendowie) $958 $921 -4%
Glen Innes / Panmure / Mt Wellington $782 $803 3%
Howick (Bucklands Beach & Botany) $751 $793 5%
Pakuranga $720 $738 2%
Mangere / Otahuhu / Otara $676 $704 4%
Papatoetoe $713 $717 1%
Manukau / Manurewa $688 $731 6%
Papakura $668 $708 6%
Pukekohe (Tuakau & Waiuku) $623 $663 7%

 

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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