November 2023

REINZ Residential Rent Review

November 2023

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1 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $398 $423 6%
Browns Bay / Torbay / Albany $438 $469 7%
East Coast Bays $440 $423 -4%
Glenfield (Sunnynook, Northcote & Birkdale) $376 $446 19%
Birkenhead (Northcote Point) $432 $479 11%
Takapuna/ Milford $531 $522 -2%
Devonport $466 $500 7%
West AKL (Glendene, Glen Eden & Massey) $375 $405 8%
Te Atatu (Westgate & West Harbour) $427 $472 10%
Waterview (Avondale & Titirangi) $388 $430 11%
City Centre (Parnell, Grafton & Newton) $382 $456 19%
Ponsonby (St Marys & Herne Bay) $507 $560 10%
Grey Lynn / Westmere $479 $547 14%
Mt Albert/ Pt Chev $398 $453 14%
Sandringham (Three Kings & Hillsborough) $418 $466 12%
Mt Roskill (Owairaka & Lynfield) $369 $388 5%
Mt Eden (Kingsland & Balmoral) $425 $460 8%
Epsom (Newmarket & Royal Oak) $414 $469 13%
One Tree Hill / Ellerslie $411 $454 10%
City Bays (Mission Bay to St Heliers) $460 $453 -1%
Remuera $426 $453 6%
Meadowbank (Remuera South & Glendowie) $418 $461 10%
Glen Innes / Panmure / Mt Wellington $404 $465 15%
Howick (Bucklands Beach & Botany) $400 $469 17%
Pakuranga $380 $393 4%
Mangere / Otahuhu / Otara $341 $402 18%
Papatoetoe $398 $403 1%
Manukau / Manurewa $385 $433 12%
Papakura $379 $383 1%
Pukekohe (Tuakau & Waiuku) $391 $411 5%

 

2 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $519 $556 7%
Browns Bay / Torbay / Albany $525 $578 10%
East Coast Bays $570 $621 9%
Glenfield (Sunnynook, Northcote & Birkdale) $539 $588 9%
Birkenhead (Northcote Point) $549 $596 9%
Takapuna/ Milford $601 $676 12%
Devonport $586 $627 7%
West AKL (Glendene, Glen Eden & Massey) $500 $543 9%
Te Atatu (Westgate & West Harbour) $544 $599 10%
Waterview (Avondale & Titirangi) $511 $582 14%
City Centre (Parnell, Grafton & Newton) $506 $598 18%
Ponsonby (St Marys & Herne Bay) $705 $774 10%
Grey Lynn / Westmere $709 $749 6%
Mt Albert/ Pt Chev $537 $595 11%
Sandringham (Three Kings & Hillsborough) $525 $585 11%
Mt Roskill (Owairaka & Lynfield) $508 $559 10%
Mt Eden (Kingsland & Balmoral) $568 $614 8%
Epsom (Newmarket & Royal Oak) $578 $616 7%
One Tree Hill / Ellerslie $548 $591 8%
City Bays (Mission Bay to St Heliers) $606 $683 13%
Remuera $600 $656 9%
Meadowbank (Remuera South & Glendowie) $547 $631 15%
Glen Innes / Panmure / Mt Wellington $518 $571 10%
Howick (Bucklands Beach & Botany) $541 $579 7%
Pakuranga $514 $556 8%
Mangere / Otahuhu / Otara $490 $549 12%
Papatoetoe $508 $555 9%
Manukau / Manurewa $505 $548 8%
Papakura $500 $533 7%
Pukekohe (Tuakau & Waiuku) $464 $497 7%

 

3 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $633 $681 8%
Browns Bay / Torbay / Albany $663 $712 7%
East Coast Bays $721 $788 9%
Glenfield (Sunnynook, Northcote & Birkdale) $639 $688 8%
Birkenhead (Northcote Point) $689 $770 12%
Takapuna/ Milford $752 $820 9%
Devonport $787 $869 10%
West AKL (Glendene, Glen Eden & Massey) $598 $642 7%
Te Atatu (Westgate & West Harbour) $638 $670 5%
Waterview (Avondale & Titirangi) $641 $687 7%
City Centre (Parnell, Grafton & Newton) $751 $849 13%
Ponsonby (St Marys & Herne Bay) $973 $974 0%
Grey Lynn / Westmere $874 $938 7%
Mt Albert/ Pt Chev $738 $752 2%
Sandringham (Three Kings & Hillsborough) $666 $728 9%
Mt Roskill (Owairaka & Lynfield) $643 $694 8%
Mt Eden (Kingsland & Balmoral) $737 $784 6%
Epsom (Newmarket & Royal Oak) $727 $775 7%
One Tree Hill / Ellerslie $680 $628 -8%
City Bays (Mission Bay to St Heliers) $811 $913 12%
Remuera $828 $901 9%
Meadowbank (Remuera South & Glendowie) $793 $818 3%
Glen Innes / Panmure / Mt Wellington $641 $698 9%
Howick (Bucklands Beach & Botany) $675 $713 6%
Pakuranga $643 $676 5%
Mangere / Otahuhu / Otara $633 $666 5%
Papatoetoe $639 $683 7%
Manukau / Manurewa $629 $665 6%
Papakura $618 $660 7%
Pukekohe (Tuakau & Waiuku) $580 $606 5%

 

4 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $776 $824 6%
Browns Bay / Torbay / Albany $821 $868 6%
East Coast Bays $827 $924 12%
Glenfield (Sunnynook, Northcote & Birkdale) $751 $833 11%
Birkenhead (Northcote Point) $869 $872 0%
Takapuna/ Milford $890 $970 9%
Devonport $866 $963 11%
West AKL (Glendene, Glen Eden & Massey) $713 $767 8%
Te Atatu (Westgate & West Harbour) $789 $820 4%
Waterview (Avondale & Titirangi) $743 $847 14%
City Centre (Parnell, Grafton & Newton) $942 $1,092 16%
Ponsonby (St Marys & Herne Bay) $1,481 $1,238 -16%
Grey Lynn / Westmere $1,165 $1,101 -5%
Mt Albert/ Pt Chev $821 $830 1%
Sandringham (Three Kings & Hillsborough) $839 $890 6%
Mt Roskill (Owairaka & Lynfield) $795 $881 11%
Mt Eden (Kingsland & Balmoral) $993 $1,050 6%
Epsom (Newmarket & Royal Oak) $994 $1,060 7%
One Tree Hill / Ellerslie $862 $903 5%
City Bays (Mission Bay to St Heliers) $1,156 $1,103 -5%
Remuera $1,091 $1,192 9%
Meadowbank (Remuera South & Glendowie) $911 $1,061 16%
Glen Innes / Panmure / Mt Wellington $773 $856 11%
Howick (Bucklands Beach & Botany) $787 $838 7%
Pakuranga $759 $798 5%
Mangere / Otahuhu / Otara $753 $765 2%
Papatoetoe $728 $736 1%
Manukau / Manurewa $733 $770 5%
Papakura $713 $763 7%
Pukekohe (Tuakau & Waiuku) $674 $698 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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