May 2020

REINZ Residential Rent Review

May 2020

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Average of 6 Month Rolling Median Prices

1 Bedroom

Suburb 2019 2020 Variance %
Orewa (Silverdale to Wellsford) $343 $365 6%
Browns Bay/ Torbay/ Albany $390 $398 2%
East Coast Bays $378 $361 -5%
Glenfield (Sunnynook, Northcote & Birkdale) $358 $375 5%
Birkenhead (Northcote Point) $391 $379 -3%
Takapuna/ Milford $454 $505 11%
Devonport $462 $430 -7%
West AKL (Glendene, Glen Eden & Massey) $343 $351 2%
Te Atatu (Westgate & West Harbour) $337 $361 7%
Waterview (Avondale & Titirangi) $341 $346 1%
City Centre (Parnell, Grafton & Newton) $418 $424 1%
Ponsonby (St Marys & Herne Bay) $513 $517 1%
Grey Lynn/ Westmere $460 $443 -4%
Mt Albert/ Pt Chev $365 $360 -2%
Sandringham (Three Kings & Hillsborough) $376 $363 -3%
Mt Roskill (Owairaka & Lynfield) $342 $378 10%
Mt Eden (Kingsland & Balmoral) $423 $405 -4%
Epsom (Newmarket & Royal Oak) $425 $418 -2%
One Tree Hill/ Ellerslie $398 $404 1%
City Bays (Mission Bay to St Heliers) $405 $445 10%
Remuera $374 $423 13%
Meadowbank (Remuera South & Glendowie) $375 $400 7%
Glen Innes/ Panmure/ Mt Wellington $349 $376 8%
Howick (Bucklands Beach & Botany) $367 $385 5%
Pakuranga $325 $327 1%
Mangere/ Otahuhu/ Otara $340 $403 18%
Papatoetoe $353 $346 -2%
Manukau/ Manurewa $349 $383 10%
Papakura $309 $248 -20%
Pukekohe (Tuakau & Waiuku) $308 $306 -1%


2 Bedroom

Suburb 2019 2020 Variance %
Orewa (Silverdale to Wellsford) $461 $473 3%
Browns Bay/ Torbay/ Albany $489 $503 3%
East Coast Bays $517 $561 9%
Glenfield (Sunnynook, Northcote & Birkdale) $490 $500 2%
Birkenhead (Northcote Point) $508 $526 4%
Takapuna/ Milford $575 $617 7%
Devonport $550 $587 7%
West AKL (Glendene, Glen Eden & Massey) $433 $442 2%
Te Atatu (Westgate & West Harbour) $463 $488 5%
Waterview (Avondale & Titirangi) $469 $476 1%
City Centre (Parnell, Grafton & Newton) $563 $562 0%
Ponsonby (St Marys & Herne Bay) $706 $735 4%
Grey Lynn/ Westmere $669 $694 4%
Mt Albert/ Pt Chev $512 $522 2%
Sandringham (Three Kings & Hillsborough) $492 $512 4%
Mt Roskill (Owairaka & Lynfield) $474 $490 3%
Mt Eden (Kingsland & Balmoral) $549 $573 4%
Epsom (Newmarket & Royal Oak) $554 $574 4%
One Tree Hill/ Ellerslie $495 $509 3%
City Bays (Mission Bay to St Heliers) $605 $602 0%
Remuera $598 $600 0%
Meadowbank (Remuera South & Glendowie) $525 $540 3%
Glen Innes/ Panmure/ Mt Wellington $472 $496 5%
Howick (Bucklands Beach & Botany) $495 $508 3%
Pakuranga $460 $484 5%
Mangere/ Otahuhu/ Otara $433 $452 4%
Papatoetoe $450 $472 5%
Manukau/ Manurewa $445 $458 3%
Papakura $424 $436 3%
Pukekohe (Tuakau & Waiuku) $407 $413 2%


3 Bedroom

Suburb 2019 2020 Variance %
Orewa (Silverdale to Wellsford) $553 $568 3%
Browns Bay/ Torbay/ Albany $602 $622 3%
East Coast Bays $674 $664 -2%
Glenfield (Sunnynook, Northcote & Birkdale) $591 $599 1%
Birkenhead (Northcote Point) $636 $661 4%
Takapuna/ Milford $801 $743 -7%
Devonport $758 $752 -1%
West AKL (Glendene, Glen Eden & Massey) $524 $538 3%
Te Atatu (Westgate & West Harbour) $563 $567 1%
Waterview (Avondale & Titirangi) $570 $586 3%
City Centre (Parnell, Grafton & Newton) $763 $779 2%
Ponsonby (St Marys & Herne Bay) $934 $966 3%
Grey Lynn/ Westmere $855 $899 5%
Mt Albert/ Pt Chev $681 $690 1%
Sandringham (Three Kings & Hillsborough) $632 $644 2%
Mt Roskill (Owairaka & Lynfield) $590 $587 0%
Mt Eden (Kingsland & Balmoral) $699 $703 0%
Epsom (Newmarket & Royal Oak) $739 $760 3%
One Tree Hill/ Ellerslie $644 $652 1%
City Bays (Mission Bay to St Heliers) $758 $834 10%
Remuera $776 $780 0%
Meadowbank (Remuera South & Glendowie) $729 $756 4%
Glen Innes/ Panmure/ Mt Wellington $584 $597 2%
Howick (Bucklands Beach & Botany) $611 $623 2%
Pakuranga $565 $575 2%
Mangere/ Otahuhu/ Otara $539 $553 3%
Papatoetoe $558 $562 1%
Manukau/ Manurewa $527 $550 4%
Papakura $511 $521 2%
Pukekohe (Tuakau & Waiuku) $476 $484 2%


4 Bedroom

Suburb 2019 2020 Variance %
Orewa (Silverdale to Wellsford) $706 $693 -2%
Browns Bay/ Torbay/ Albany $755 $753 0%
East Coast Bays $821 $846 3%
Glenfield (Sunnynook, Northcote & Birkdale) $700 $725 4%
Birkenhead (Northcote Point) $789 $791 0%
Takapuna/ Milford $847 $848 0%
Devonport $901 $1,150 28%
West AKL (Glendene, Glen Eden & Massey) $635 $634 0%
Te Atatu (Westgate & West Harbour) $708 $756 7%
Waterview (Avondale & Titirangi) $675 $704 4%
City Centre (Parnell, Grafton & Newton) $986 $966 -2%
Ponsonby (St Marys & Herne Bay) $1,324 $1,622 22%
Grey Lynn/ Westmere $969 $978 1%
Mt Albert/ Pt Chev $799 $824 3%
Sandringham (Three Kings & Hillsborough) $748 $781 4%
Mt Roskill (Owairaka & Lynfield) $706 $701 -1%
Mt Eden (Kingsland & Balmoral) $881 $920 4%
Epsom (Newmarket & Royal Oak) $919 $941 2%
One Tree Hill/ Ellerslie $790 $776 -2%
City Bays (Mission Bay to St Heliers) $1,115 $1,108 -1%
Remuera $1,001 $1,049 5%
Meadowbank (Remuera South & Glendowie) $911 $889 -2%
Glen Innes/ Panmure/ Mt Wellington $736 $772 5%
Howick (Bucklands Beach & Botany) $710 $737 4%
Pakuranga $648 $689 6%
Mangere/ Otahuhu/ Otara $619 $630 2%
Papatoetoe $618 $648 5%
Manukau/ Manurewa $623 $641 3%
Papakura $601 $617 3%
Pukekohe (Tuakau & Waiuku) $561 $579 3%

 

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