May 2022

REINZ Residential Rent Review

May 2022

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1 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $359 $394 10%
Browns Bay / Torbay / Albany $403 $424 5%
East Coast Bays $449 $427 -5%
Glenfield (Sunnynook, Northcote & Birkdale) $396 $379 -4%
Birkenhead (Northcote Point) $407 $391 -4%
Takapuna/ Milford $490 $501 2%
Devonport $465 $455 -2%
West AKL (Glendene, Glen Eden & Massey) $373 $389 4%
Te Atatu (Westgate & West Harbour) $411 $435 6%
Waterview (Avondale & Titirangi) $336 $378 12%
City Centre (Parnell, Grafton & Newton) $385 $391 2%
Ponsonby (St Marys & Herne Bay) $515 $522 1%
Grey Lynn / Westmere $419 $491 17%
Mt Albert/ Pt Chev $415 $414 0%
Sandringham (Three Kings & Hillsborough) $388 $438 13%
Mt Roskill (Owairaka & Lynfield) $382 $320 -16%
Mt Eden (Kingsland & Balmoral) $429 $422 -1%
Epsom (Newmarket & Royal Oak) $424 $433 2%
One Tree Hill / Ellerslie $379 $440 16%
City Bays (Mission Bay to St Heliers) $454 $468 3%
Remuera $411 $381 -7%
Meadowbank (Remuera South & Glendowie) $419 $384 -8%
Glen Innes / Panmure / Mt Wellington $388 $412 6%
Howick (Bucklands Beach & Botany) $404 $429 6%
Pakuranga $436 $370 -15%
Mangere / Otahuhu / Otara $357 $370 4%
Papatoetoe $360 $383 7%
Manukau / Manurewa $414 $407 -2%
Papakura $294 $373 27%
Pukekohe (Tuakau & Waiuku) $367 $361 -2%

 

 2 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $507 $518 2%
Browns Bay / Torbay / Albany $505 $540 7%
East Coast Bays $545 $572 5%
Glenfield (Sunnynook, Northcote & Birkdale) $517 $537 4%
Birkenhead (Northcote Point) $525 $552 5%
Takapuna/ Milford $611 $602 -2%
Devonport $566 $574 1%
West AKL (Glendene, Glen Eden & Massey) $474 $511 8%
Te Atatu (Westgate & West Harbour) $510 $540 6%
Waterview (Avondale & Titirangi) $488 $522 7%
City Centre (Parnell, Grafton & Newton) $515 $509 -1%
Ponsonby (St Marys & Herne Bay) $698 $688 -1%
Grey Lynn / Westmere $683 $679 -1%
Mt Albert/ Pt Chev $549 $544 -1%
Sandringham (Three Kings & Hillsborough) $514 $534 4%
Mt Roskill (Owairaka & Lynfield) $500 $522 4%
Mt Eden (Kingsland & Balmoral) $576 $576 0%
Epsom (Newmarket & Royal Oak) $558 $559 0%
One Tree Hill / Ellerslie $527 $546 4%
City Bays (Mission Bay to St Heliers) $625 $648 4%
Remuera $607 $625 3%
Meadowbank (Remuera South & Glendowie) $563 $569 1%
Glen Innes / Panmure / Mt Wellington $508 $529 4%
Howick (Bucklands Beach & Botany) $541 $552 2%
Pakuranga $501 $520 4%
Mangere / Otahuhu / Otara $471 $482 2%
Papatoetoe $498 $513 3%
Manukau / Manurewa $480 $510 6%
Papakura $476 $487 2%
Pukekohe (Tuakau & Waiuku) $432 $453 5%

 

3 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $605 $637 5%
Browns Bay / Torbay / Albany $643 $668 4%
East Coast Bays $689 $721 5%
Glenfield (Sunnynook, Northcote & Birkdale) $622 $643 3%
Birkenhead (Northcote Point) $669 $691 3%
Takapuna/ Milford $765 $759 -1%
Devonport $769 $771 0%
West AKL (Glendene, Glen Eden & Massey) $569 $598 5%
Te Atatu (Westgate & West Harbour) $598 $634 6%
Waterview (Avondale & Titirangi) $615 $637 3%
City Centre (Parnell, Grafton & Newton) $785 $758 -3%
Ponsonby (St Marys & Herne Bay) $1,027 $1,002 -2%
Grey Lynn / Westmere $877 $908 3%
Mt Albert/ Pt Chev $732 $698 -5%
Sandringham (Three Kings & Hillsborough) $651 $675 4%
Mt Roskill (Owairaka & Lynfield) $618 $637 3%
Mt Eden (Kingsland & Balmoral) $725 $754 4%
Epsom (Newmarket & Royal Oak) $724 $757 5%
One Tree Hill / Ellerslie $691 $699 1%
City Bays (Mission Bay to St Heliers) $854 $875 2%
Remuera $813 $802 -1%
Meadowbank (Remuera South & Glendowie) $753 $780 4%
Glen Innes / Panmure / Mt Wellington $638 $657 3%
Howick (Bucklands Beach & Botany) $655 $675 3%
Pakuranga $600 $626 4%
Mangere / Otahuhu / Otara $592 $631 6%
Papatoetoe $609 $636 4%
Manukau / Manurewa $587 $626 7%
Papakura $578 $605 5%
Pukekohe (Tuakau & Waiuku) $516 $576 12%

 

4 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $723 $777 7%
Browns Bay / Torbay / Albany $774 $809 5%
East Coast Bays $865 $838 -3%
Glenfield (Sunnynook, Northcote & Birkdale) $741 $772 4%
Birkenhead (Northcote Point) $775 $830 7%
Takapuna/ Milford $910 $1,090 20%
Devonport $1,020 $953 -7%
West AKL (Glendene, Glen Eden & Massey) $664 $723 9%
Te Atatu (Westgate & West Harbour) $697 $789 13%
Waterview (Avondale & Titirangi) $732 $765 4%
City Centre (Parnell, Grafton & Newton) $993 $989 0%
Ponsonby (St Marys & Herne Bay) $1,346 $1,286 -4%
Grey Lynn / Westmere $1,071 $1,058 -1%
Mt Albert/ Pt Chev $848 $861 1%
Sandringham (Three Kings & Hillsborough) $806 $822 2%
Mt Roskill (Owairaka & Lynfield) $745 $777 4%
Mt Eden (Kingsland & Balmoral) $929 $960 3%
Epsom (Newmarket & Royal Oak) $985 $998 1%
One Tree Hill / Ellerslie $804 $866 8%
City Bays (Mission Bay to St Heliers) $1,129 $1,165 3%
Remuera $1,149 $1,140 -1%
Meadowbank (Remuera South & Glendowie) $949 $946 0%
Glen Innes / Panmure / Mt Wellington $759 $799 5%
Howick (Bucklands Beach & Botany) $749 $787 5%
Pakuranga $728 $724 0%
Mangere / Otahuhu / Otara $664 $715 8%
Papatoetoe $698 $702 1%
Manukau / Manurewa $685 $721 5%
Papakura $644 $690 7%
Pukekohe (Tuakau & Waiuku) $614 $657 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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