May 2021

REINZ Residential Rent Review

May 2021

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1 Bedroom

SUBURB 2020 2021 Variance %
Orewa (Silverdale to Wellsford) $365 $358 -2%
Browns Bay / Torbay / Albany $398 $403 1%
East Coast Bays $361 $441 22%
Glenfield (Sunnynook, Northcote & Birkdale) $375 $396 6%
Birkenhead (Northcote Point) $379 $414 9%
Takapuna / Milford $505 $490 -3%
Devonport $430 $490 14%
West AKL (Glendene, Glen Eden & Massey) $351 $373 6%
Te Atatu (Westgate & West Harbour) $361 $392 9%
Waterview (Avondale & Titirangi) $346 $338 -2%
City Centre (Parnell, Grafton & Newton) $424 $385 -9%
Ponsonby (St Marys & Herne Bay) $517 $515 0%
Grey Lynn / Westmere $443 $423 -5%
Mt Albert / Pt Chev $361 $415 15%
Sandringham (Three Kings & Hillsborough) $363 $388 7%
Mt Roskill (Owairaka & Lynfield) $376 $382 2%
Mt Eden (Kingsland & Balmoral) $405 $429 6%
Epsom (Newmarket & Royal Oak) $418 $424 1%
One Tree Hill / Ellerslie $404 $378 -6%
City Bays (Mission Bay to St Heliers) $452 $458 1%
Remuera $420 $408 -3%
Meadowbank (Remuera South & Glendowie) $400 $432 8%
Glen Innes / Panmure/ Mt Wellington $376 $388 3%
Howick (Bucklands Beach & Botany) $385 $404 5%
Pakuranga $327 $436 33%
Mangere / Otahuhu/ Otara $403 $357 -12%
Papatoetoe $347 $360 4%
Manukau / Manurewa $383 $414 8%
Papakura $248 $294 19%
Pukekohe (Tuakau & Waiuku) $308 $371 20%

 
2 Bedroom

SUBURB 2020 2021 Variance %
Orewa (Silverdale to Wellsford) $473 $507 7%
Browns Bay / Torbay / Albany $503 $505 0%
East Coast Bays $561 $545 -3%
Glenfield (Sunnynook, Northcote & Birkdale) $500 $517 3%
Birkenhead (Northcote Point) $526 $525 0%
Takapuna / Milford $617 $611 -1%
Devonport $587 $566 -4%
West AKL (Glendene, Glen Eden & Massey) $442 $474 7%
Te Atatu (Westgate & West Harbour) $488 $510 5%
Waterview (Avondale & Titirangi) $476 $488 3%
City Centre (Parnell, Grafton & Newton) $562 $515 -8%
Ponsonby (St Marys & Herne Bay) $735 $698 -5%
Grey Lynn / Westmere $694 $679 -2%
Mt Albert / Pt Chev $522 $549 5%
Sandringham (Three Kings & Hillsborough) $512 $514 0%
Mt Roskill (Owairaka & Lynfield) $490 $500 2%
Mt Eden (Kingsland & Balmoral) $573 $576 1%
Epsom (Newmarket & Royal Oak) $574 $558 -3%
One Tree Hill / Ellerslie $509 $527 4%
City Bays (Mission Bay to St Heliers) $602 $625 4%
Remuera $600 $607 1%
Meadowbank (Remuera South & Glendowie) $540 $563 4%
Glen Innes / Panmure / Mt Wellington $496 $508 2%
Howick (Bucklands Beach & Botany) $508 $541 7%
Pakuranga $484 $501 3%
Mangere / Otahuhu/ Otara $452 $471 4%
Papatoetoe $472 $498 6%
Manukau / Manurewa $458 $480 5%
Papakura $436 $476 9%
Pukekohe (Tuakau & Waiuku) $413 $432 5%


3 Bedroom

SUBURB 2020 2021 Variance %
Orewa (Silverdale to Wellsford) $568 $605 6%
Browns Bay / Torbay / Albany $622 $643 3%
East Coast Bays $664 $689 4%
Glenfield (Sunnynook, Northcote & Birkdale) $599 $622 4%
Birkenhead (Northcote Point) $661 $669 1%
Takapuna / Milford $743 $732 -2%
Devonport $752 $769 2%
West AKL (Glendene, Glen Eden & Massey) $538 $569 6%
Te Atatu (Westgate & West Harbour) $567 $598 6%
Waterview (Avondale & Titirangi) $586 $615 5%
City Centre (Parnell, Grafton & Newton) $779 $785 1%
Ponsonby (St Marys & Herne Bay) $966 $1,027 6%
Grey Lynn / Westmere $899 $877 -2%
Mt Albert / Pt Chev $690 $732 6%
Sandringham (Three Kings & Hillsborough) $644 $651 1%
Mt Roskill (Owairaka & Lynfield) $587 $618 5%
Mt Eden (Kingsland & Balmoral) $703 $725 3%
Epsom (Newmarket & Royal Oak) $760 $724 -5%
One Tree Hill / Ellerslie $652 $691 6%
City Bays (Mission Bay to St Heliers) $834 $854 2%
Remuera $780 $813 4%
Meadowbank (Remuera South & Glendowie) $756 $753 0%
Glen Innes / Panmur e/ Mt Wellington $597 $638 7%
Howick (Bucklands Beach & Botany) $623 $655 5%
Pakuranga $575 $600 4%
Mangere / Otahuhu / Otara $553 $592 7%
Papatoetoe $562 $609 8%
Manukau / Manurewa $550 $587 7%
Papakura $521 $578 11%
Pukekohe (Tuakau & Waiuku) $484 $516 7%


4 Bedroom

SUBURB 2020 2021 Variance %
Orewa (Silverdale to Wellsford) $693 $723 4%
Browns Bay / Torbay / Albany $753 $774 3%
East Coast Bays $846 $865 2%
Glenfield (Sunnynook, Northcote & Birkdale) $725 $741 2%
Birkenhead (Northcote Point) $798 $775 -3%
Takapuna / Milford $848 $927 9%
Devonport $1,025 $1,100 7%
West AKL (Glendene, Glen Eden & Massey) $634 $664 5%
Te Atatu (Westgate & West Harbour) $756 $697 -8%
Waterview (Avondale & Titirangi) $704 $612 -13%
City Centre (Parnell, Grafton & Newton) $966 $998 3%
Ponsonby (St Marys & Herne Bay) $1,576 $1,313 -17%
Grey Lynn / Westmere $973 $1,002 3%
Mt Albert / Pt Chev $824 $855 4%
Sandringham (Three Kings & Hillsborough) $781 $806 3%
Mt Roskill (Owairaka & Lynfield) $701 $745 6%
Mt Eden (Kingsland & Balmoral) $920 $915 -1%
Epsom (Newmarket & Royal Oak) $941 $968 3%
One Tree Hill / Ellerslie $776 $811 4%
City Bays (Mission Bay to St Heliers) $1,108 $1,123 1%
Remuera $1,049 $1,167 11%
Meadowbank (Remuera South & Glendowie) $889 $918 3%
Glen Innes / Panmure / Mt Wellington $772 $759 -2%
Howick (Bucklands Beach & Botany) $737 $749 2%
Pakuranga $689 $745 8%
Mangere / Otahuhu / Otara $630 $664 5%
Papatoetoe $648 $689 6%
Manukau / Manurewa $641 $685 7%
Papakura $617 $641 4%
Pukekohe (Tuakau & Waiuku) $579 $614 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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