March 2024

REINZ Residential Rent Review

March 2024

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1 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $394 $403 2%
Browns Bay / Torbay / Albany $448 $473 6%
East Coast Bays $441 $439 0%
Glenfield (Sunnynook, Northcote & Birkdale) $402 $432 7%
Birkenhead (Northcote Point) $429 $492 15%
Takapuna/ Milford $508 $519 2%
Devonport $481 $559 16%
West AKL (Glendene, Glen Eden & Massey) $365 $425 16%
Te Atatu (Westgate & West Harbour) $413 $501 21%
Waterview (Avondale & Titirangi) $381 $443 16%
City Centre (Parnell, Grafton & Newton) $406 $452 11%
Ponsonby (St Marys & Herne Bay) $508 $555 9%
Grey Lynn / Westmere $484 $567 17%
Mt Albert/ Pt Chev $407 $455 12%
Sandringham (Three Kings & Hillsborough) $430 $456 6%
Mt Roskill (Owairaka & Lynfield) $363 $431 19%
Mt Eden (Kingsland & Balmoral) $437 $495 13%
Epsom (Newmarket & Royal Oak) $440 $515 17%
One Tree Hill / Ellerslie $447 $484 8%
City Bays (Mission Bay to St Heliers) $440 $463 5%
Remuera $455 $480 6%
Meadowbank (Remuera South & Glendowie) $436 $453 4%
Glen Innes / Panmure / Mt Wellington $413 $469 14%
Howick (Bucklands Beach & Botany) $391 $458 17%
Pakuranga $401 $408 2%
Mangere / Otahuhu / Otara $429 $386 -10%
Papatoetoe $373 $412 10%
Manukau / Manurewa $387 $433 12%
Papakura $370 $381 3%
Pukekohe (Tuakau & Waiuku) $413 $427 3%

 

 2 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $535 $570 6%
Browns Bay / Torbay / Albany $528 $572 8%
East Coast Bays $561 $624 11%
Glenfield (Sunnynook, Northcote & Birkdale) $536 $592 10%
Birkenhead (Northcote Point) $556 $609 10%
Takapuna/ Milford $639 $658 3%
Devonport $637 $629 -1%
West AKL (Glendene, Glen Eden & Massey) $510 $579 13%
Te Atatu (Westgate & West Harbour) $568 $603 6%
Waterview (Avondale & Titirangi) $524 $581 11%
City Centre (Parnell, Grafton & Newton) $528 $596 13%
Ponsonby (St Marys & Herne Bay) $677 $760 12%
Grey Lynn / Westmere $698 $778 12%
Mt Albert/ Pt Chev $553 $614 11%
Sandringham (Three Kings & Hillsborough) $526 $588 12%
Mt Roskill (Owairaka & Lynfield) $523 $579 11%
Mt Eden (Kingsland & Balmoral) $570 $623 9%
Epsom (Newmarket & Royal Oak) $568 $631 11%
One Tree Hill / Ellerslie $540 $607 13%
City Bays (Mission Bay to St Heliers) $620 $668 8%
Remuera $640 $721 13%
Meadowbank (Remuera South & Glendowie) $566 $639 13%
Glen Innes / Panmure / Mt Wellington $525 $594 13%
Howick (Bucklands Beach & Botany) $558 $596 7%
Pakuranga $528 $569 8%
Mangere / Otahuhu / Otara $488 $575 18%
Papatoetoe $525 $563 7%
Manukau / Manurewa $513 $571 11%
Papakura $499 $550 10%
Pukekohe (Tuakau & Waiuku) $463 $528 14%


3 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $654 $694 6%
Browns Bay / Torbay / Albany $673 $733 9%
East Coast Bays $740 $773 4%
Glenfield (Sunnynook, Northcote & Birkdale) $648 $698 8%
Birkenhead (Northcote Point) $708 $798 13%
Takapuna/ Milford $740 $851 15%
Devonport $849 $877 3%
West AKL (Glendene, Glen Eden & Massey) $606 $662 9%
Te Atatu (Westgate & West Harbour) $647 $680 5%
Waterview (Avondale & Titirangi) $632 $702 11%
City Centre (Parnell, Grafton & Newton) $775 $880 14%
Ponsonby (St Marys & Herne Bay) $977 $1,028 5%
Grey Lynn / Westmere $887 $981 11%
Mt Albert/ Pt Chev $703 $799 14%
Sandringham (Three Kings & Hillsborough) $678 $716 6%
Mt Roskill (Owairaka & Lynfield) $638 $711 11%
Mt Eden (Kingsland & Balmoral) $744 $797 7%
Epsom (Newmarket & Royal Oak) $762 $816 7%
One Tree Hill / Ellerslie $695 $646 -7%
City Bays (Mission Bay to St Heliers) $838 $889 6%
Remuera $820 $901 10%
Meadowbank (Remuera South & Glendowie) $786 $815 4%
Glen Innes / Panmure / Mt Wellington $662 $722 9%
Howick (Bucklands Beach & Botany) $678 $737 9%
Pakuranga $634 $699 10%
Mangere / Otahuhu / Otara $631 $688 9%
Papatoetoe $647 $701 8%
Manukau / Manurewa $632 $677 7%
Papakura $616 $674 9%
Pukekohe (Tuakau & Waiuku) $587 $625 6%

 

4 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $782 $830 6%
Browns Bay / Torbay / Albany $814 $893 10%
East Coast Bays $874 $1,026 17%
Glenfield (Sunnynook, Northcote & Birkdale) $760 $858 13%
Birkenhead (Northcote Point) $838 $873 4%
Takapuna/ Milford $975 $988 1%
Devonport $1,102 $1,009 -8%
West AKL (Glendene, Glen Eden & Massey) $726 $783 8%
Te Atatu (Westgate & West Harbour) $771 $827 7%
Waterview (Avondale & Titirangi) $777 $857 10%
City Centre (Parnell, Grafton & Newton) $897 $1,129 26%
Ponsonby (St Marys & Herne Bay) $1,356 $1,367 1%
Grey Lynn / Westmere $966 $1,158 20%
Mt Albert/ Pt Chev $919 $853 -7%
Sandringham (Three Kings & Hillsborough) $811 $898 11%
Mt Roskill (Owairaka & Lynfield) $797 $871 9%
Mt Eden (Kingsland & Balmoral) $948 $1,012 7%
Epsom (Newmarket & Royal Oak) $1,041 $1,129 8%
One Tree Hill / Ellerslie $842 $934 11%
City Bays (Mission Bay to St Heliers) $1,056 $1,155 9%
Remuera $1,154 $1,203 4%
Meadowbank (Remuera South & Glendowie) $954 $1,064 11%
Glen Innes / Panmure / Mt Wellington $821 $911 11%
Howick (Bucklands Beach & Botany) $801 $873 9%
Pakuranga $769 $827 7%
Mangere / Otahuhu / Otara $726 $796 10%
Papatoetoe $739 $788 7%
Manukau / Manurewa $736 $807 10%
Papakura $714 $773 8%
Pukekohe (Tuakau & Waiuku) $675 $715 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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