May 2023

REINZ Residential Rent Review

May 2023

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1 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $395 $409 3%
Browns Bay / Torbay / Albany $424 $449 6%
East Coast Bays $427 $437 2%
Glenfield (Sunnynook, Northcote & Birkdale) $379 $426 12%
Birkenhead (Northcote Point) $391 $456 17%
Takapuna/ Milford $501 $544 9%
Devonport $455 $465 2%
West AKL (Glendene, Glen Eden & Massey) $389 $373 -4%
Te Atatu (Westgate & West Harbour) $435 $433 0%
Waterview (Avondale & Titirangi) $378 $389 3%
City Centre (Parnell, Grafton & Newton) $391 $422 8%
Ponsonby (St Marys & Herne Bay) $522 $532 2%
Grey Lynn / Westmere $491 $498 1%
Mt Albert/ Pt Chev $414 $407 -2%
Sandringham (Three Kings & Hillsborough) $438 $439 0%
Mt Roskill (Owairaka & Lynfield) $334 $409 23%
Mt Eden (Kingsland & Balmoral) $422 $448 6%
Epsom (Newmarket & Royal Oak) $433 $437 1%
One Tree Hill / Ellerslie $440 $447 2%
City Bays (Mission Bay to St Heliers) $470 $470 0%
Remuera $399 $482 21%
Meadowbank (Remuera South & Glendowie) $384 $434 13%
Glen Innes / Panmure / Mt Wellington $412 $428 4%
Howick (Bucklands Beach & Botany) $429 $404 -6%
Pakuranga $382 $414 9%
Mangere / Otahuhu / Otara $370 $432 17%
Papatoetoe $383 $379 -1%
Manukau / Manurewa $406 $382 -6%
Papakura $373 $369 -1%
Pukekohe (Tuakau & Waiuku) $361 $402 11%


2 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $518 $540 4%
Browns Bay / Torbay / Albany $540 $541 0%
East Coast Bays $572 $578 1%
Glenfield (Sunnynook, Northcote & Birkdale) $537 $550 2%
Birkenhead (Northcote Point) $552 $551 0%
Takapuna/ Milford $602 $671 12%
Devonport $574 $634 11%
West AKL (Glendene, Glen Eden & Massey) $511 $520 2%
Te Atatu (Westgate & West Harbour) $540 $580 7%
Waterview (Avondale & Titirangi) $522 $524 0%
City Centre (Parnell, Grafton & Newton) $509 $555 9%
Ponsonby (St Marys & Herne Bay) $688 $715 4%
Grey Lynn / Westmere $679 $711 5%
Mt Albert/ Pt Chev $544 $568 5%
Sandringham (Three Kings & Hillsborough) $534 $542 2%
Mt Roskill (Owairaka & Lynfield) $522 $524 0%
Mt Eden (Kingsland & Balmoral) $576 $588 2%
Epsom (Newmarket & Royal Oak) $559 $579 3%
One Tree Hill / Ellerslie $546 $552 1%
City Bays (Mission Bay to St Heliers) $648 $638 -1%
Remuera $625 $634 2%
Meadowbank (Remuera South & Glendowie) $569 $582 2%
Glen Innes / Panmure / Mt Wellington $529 $532 1%
Howick (Bucklands Beach & Botany) $552 $568 3%
Pakuranga $520 $544 5%
Mangere / Otahuhu / Otara $482 $499 4%
Papatoetoe $513 $525 2%
Manukau / Manurewa $510 $518 2%
Papakura $487 $499 2%
Pukekohe (Tuakau & Waiuku) $453 $459 1%

 

3 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $637 $653 3%
Browns Bay / Torbay / Albany $668 $683 2%
East Coast Bays $721 $753 4%
Glenfield (Sunnynook, Northcote & Birkdale) $643 $654 2%
Birkenhead (Northcote Point) $691 $733 6%
Takapuna/ Milford $759 $741 -2%
Devonport $773 $879 14%
West AKL (Glendene, Glen Eden & Massey) $598 $617 3%
Te Atatu (Westgate & West Harbour) $634 $653 3%
Waterview (Avondale & Titirangi) $637 $647 2%
City Centre (Parnell, Grafton & Newton) $758 $776 2%
Ponsonby (St Marys & Herne Bay) $1,002 $1,003 0%
Grey Lynn / Westmere $908 $914 1%
Mt Albert/ Pt Chev $698 $710 2%
Sandringham (Three Kings & Hillsborough) $675 $691 2%
Mt Roskill (Owairaka & Lynfield) $637 $649 2%
Mt Eden (Kingsland & Balmoral) $754 $752 0%
Epsom (Newmarket & Royal Oak) $757 $776 2%
One Tree Hill / Ellerslie $699 $696 -1%
City Bays (Mission Bay to St Heliers) $875 $882 1%
Remuera $802 $823 3%
Meadowbank (Remuera South & Glendowie) $780 $789 1%
Glen Innes / Panmure / Mt Wellington $657 $672 2%
Howick (Bucklands Beach & Botany) $675 $688 2%
Pakuranga $626 $639 2%
Mangere / Otahuhu / Otara $631 $640 1%
Papatoetoe $636 $652 2%
Manukau / Manurewa $626 $640 2%
Papakura $605 $624 3%
Pukekohe (Tuakau & Waiuku) $576 $589 2%

 

4 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $777 $793 2%
Browns Bay / Torbay / Albany $809 $826 2%
East Coast Bays $838 $909 8%
Glenfield (Sunnynook, Northcote & Birkdale) $772 $786 2%
Birkenhead (Northcote Point) $830 $848 2%
Takapuna/ Milford $1,090 $942 -14%
Devonport $953 $1,053 11%
West AKL (Glendene, Glen Eden & Massey) $723 $742 3%
Te Atatu (Westgate & West Harbour) $789 $787 0%
Waterview (Avondale & Titirangi) $765 $783 2%
City Centre (Parnell, Grafton & Newton) $977 $947 -3%
Ponsonby (St Marys & Herne Bay) $1,307 $1,475 13%
Grey Lynn / Westmere $1,058 $1,029 -3%
Mt Albert/ Pt Chev $861 $913 6%
Sandringham (Three Kings & Hillsborough) $822 $841 2%
Mt Roskill (Owairaka & Lynfield) $777 $803 3%
Mt Eden (Kingsland & Balmoral) $960 $964 0%
Epsom (Newmarket & Royal Oak) $998 $1,058 6%
One Tree Hill / Ellerslie $866 $870 1%
City Bays (Mission Bay to St Heliers) $1,165 $1,119 -4%
Remuera $1,140 $1,142 0%
Meadowbank (Remuera South & Glendowie) $946 $1,024 8%
Glen Innes / Panmure / Mt Wellington $799 $821 3%
Howick (Bucklands Beach & Botany) $787 $809 3%
Pakuranga $724 $787 9%
Mangere / Otahuhu / Otara $715 $736 3%
Papatoetoe $702 $748 7%
Manukau / Manurewa $721 $753 4%
Papakura $690 $726 5%
Pukekohe (Tuakau & Waiuku) $657 $683 4%

 

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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