November 2022

REINZ Residential Rent Review

November 2022

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1 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $386 $386 0%
Browns Bay / Torbay / Albany $359 $449 25%
East Coast Bays $444 $442 -1%
Glenfield (Sunnynook, Northcote & Birkdale) $386 $382 -1%
Birkenhead (Northcote Point) $403 $438 9%
Takapuna/ Milford $488 $504 3%
Devonport $433 $474 10%
West AKL (Glendene, Glen Eden & Massey) $366 $371 1%
Te Atatu (Westgate & West Harbour) $450 $418 -7%
Waterview (Avondale & Titirangi) $369 $375 1%
City Centre (Parnell, Grafton & Newton) $399 $387 -3%
Ponsonby (St Marys & Herne Bay) $514 $504 -2%
Grey Lynn / Westmere $507 $478 -6%
Mt Albert/ Pt Chev $392 $401 2%
Sandringham (Three Kings & Hillsborough) $428 $418 -2%
Mt Roskill (Owairaka & Lynfield) $365 $355 -3%
Mt Eden (Kingsland & Balmoral) $426 $427 0%
Epsom (Newmarket & Royal Oak) $437 $426 -2%
One Tree Hill / Ellerslie $399 $420 5%
City Bays (Mission Bay to St Heliers) $461 $453 -2%
Remuera $427 $416 -3%
Meadowbank (Remuera South & Glendowie) $384 $407 6%
Glen Innes / Panmure / Mt Wellington $367 $399 9%
Howick (Bucklands Beach & Botany) $356 $396 11%
Pakuranga $405 $390 -4%
Mangere / Otahuhu / Otara $365 $364 0%
Papatoetoe $357 $403 13%
Manukau / Manurewa $405 $386 -5%
Papakura $320 $378 18%
Pukekohe (Tuakau & Waiuku) $373 $403 8%

 

2 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $513 $524 2%
Browns Bay / Torbay / Albany $519 $524 1%
East Coast Bays $567 $565 0%
Glenfield (Sunnynook, Northcote & Birkdale) $533 $533 0%
Birkenhead (Northcote Point) $506 $561 11%
Takapuna/ Milford $586 $588 0%
Devonport $582 $596 2%
West AKL (Glendene, Glen Eden & Massey) $487 $498 2%
Te Atatu (Westgate & West Harbour) $531 $547 3%
Waterview (Avondale & Titirangi) $529 $515 -3%
City Centre (Parnell, Grafton & Newton) $503 $511 1%
Ponsonby (St Marys & Herne Bay) $746 $702 -6%
Grey Lynn / Westmere $683 $718 5%
Mt Albert/ Pt Chev $544 $541 -1%
Sandringham (Three Kings & Hillsborough) $523 $524 0%
Mt Roskill (Owairaka & Lynfield) $509 $513 1%
Mt Eden (Kingsland & Balmoral) $583 $565 -3%
Epsom (Newmarket & Royal Oak) $570 $575 1%
One Tree Hill / Ellerslie $536 $544 2%
City Bays (Mission Bay to St Heliers) $624 $616 -1%
Remuera $581 $614 6%
Meadowbank (Remuera South & Glendowie) $558 $553 -1%
Glen Innes / Panmure / Mt Wellington $509 $517 2%
Howick (Bucklands Beach & Botany) $522 $546 5%
Pakuranga $507 $515 2%
Mangere / Otahuhu / Otara $496 $490 -1%
Papatoetoe $497 $512 3%
Manukau / Manurewa $508 $507 0%
Papakura $485 $501 3%
Pukekohe (Tuakau & Waiuku) $460 $468 2%

 

3 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $617 $639 3%
Browns Bay / Torbay / Albany $653 $665 2%
East Coast Bays $729 $714 -2%
Glenfield (Sunnynook, Northcote & Birkdale) $623 $641 3%
Birkenhead (Northcote Point) $670 $686 2%
Takapuna/ Milford $780 $733 -6%
Devonport $803 $777 -3%
West AKL (Glendene, Glen Eden & Massey) $580 $598 3%
Te Atatu (Westgate & West Harbour) $610 $636 4%
Waterview (Avondale & Titirangi) $622 $633 2%
City Centre (Parnell, Grafton & Newton) $769 $760 -1%
Ponsonby (St Marys & Herne Bay) $1,009 $970 -4%
Grey Lynn / Westmere $853 $889 4%
Mt Albert/ Pt Chev $714 $732 2%
Sandringham (Three Kings & Hillsborough) $653 $668 2%
Mt Roskill (Owairaka & Lynfield) $618 $641 4%
Mt Eden (Kingsland & Balmoral) $745 $741 -1%
Epsom (Newmarket & Royal Oak) $746 $733 -2%
One Tree Hill / Ellerslie $681 $685 1%
City Bays (Mission Bay to St Heliers) $811 $809 0%
Remuera $801 $820 2%
Meadowbank (Remuera South & Glendowie) $775 $788 2%
Glen Innes / Panmure / Mt Wellington $647 $645 0%
Howick (Bucklands Beach & Botany) $650 $672 3%
Pakuranga $613 $642 5%
Mangere / Otahuhu / Otara $598 $631 6%
Papatoetoe $633 $643 1%
Manukau / Manurewa $601 $628 4%
Papakura $606 $617 2%
Pukekohe (Tuakau & Waiuku) $549 $580 6%

 

4 Bedroom

SUBURB 2021 2022 Variance %
Orewa (Silverdale to Wellsford) $748 $770 3%
Browns Bay / Torbay / Albany $793 $819 3%
East Coast Bays $852 $828 -3%
Glenfield (Sunnynook, Northcote & Birkdale) $765 $747 -2%
Birkenhead (Northcote Point) $765 $875 14%
Takapuna/ Milford $873 $921 5%
Devonport $981 $944 -4%
West AKL (Glendene, Glen Eden & Massey) $693 $710 2%
Te Atatu (Westgate & West Harbour) $736 $778 6%
Waterview (Avondale & Titirangi) $749 $755 1%
City Centre (Parnell, Grafton & Newton) $776 $886 14%
Ponsonby (St Marys & Herne Bay) $1,263 $1,387 10%
Grey Lynn / Westmere $1,018 $1,101 8%
Mt Albert/ Pt Chev $750 $855 14%
Sandringham (Three Kings & Hillsborough) $796 $824 3%
Mt Roskill (Owairaka & Lynfield) $777 $799 3%
Mt Eden (Kingsland & Balmoral) $956 $986 3%
Epsom (Newmarket & Royal Oak) $979 $1,003 2%
One Tree Hill / Ellerslie $852 $856 0%
City Bays (Mission Bay to St Heliers) $1,176 $1,133 -4%
Remuera $1,103 $1,094 -1%
Meadowbank (Remuera South & Glendowie) $981 $928 -5%
Glen Innes / Panmure / Mt Wellington $801 $792 -1%
Howick (Bucklands Beach & Botany) $763 $793 4%
Pakuranga $737 $745 1%
Mangere / Otahuhu / Otara $684 $743 9%
Papatoetoe $724 $732 1%
Manukau / Manurewa $684 $723 6%
Papakura $697 $705 1%
Pukekohe (Tuakau & Waiuku) $632 $671 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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