October 2021

REINZ Residential Rent Review - September 2021 Data

October 2021

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1 Bedroom

SUBURB 2020 2021 Variance %
Orewa (Silverdale to Wellsford) $351 $362 3%
Browns Bay / Torbay / Albany $408 $364 -11%
East Coast Bays $409 $437 7%
Glenfield (Sunnynook, Northcote & Birkdale) $374 $381 2%
Birkenhead (Northcote Point) $367 $385 5%
Takapuna/ Milford $502 $488 -3%
Devonport $460 $429 -7%
West AKL (Glendene, Glen Eden & Massey) $357 $383 7%
Te Atatu (Westgate & West Harbour) $388 $472 22%
Waterview (Avondale & Titirangi) $327 $358 10%
City Centre (Parnell, Grafton & Newton) $411 $391 -5%
Ponsonby (St Marys & Herne Bay) $531 $518 -3%
Grey Lynn / Westmere $465 $490 5%
Mt Albert/ Pt Chev $411 $386 -6%
Sandringham (Three Kings & Hillsborough) $395 $414 5%
Mt Roskill (Owairaka & Lynfield) $343 $353 3%
Mt Eden (Kingsland & Balmoral) $404 $432 7%
Epsom (Newmarket & Royal Oak) $420 $440 5%
One Tree Hill / Ellerslie $410 $385 -6%
City Bays (Mission Bay to St Heliers) $467 $464 -1%
Remuera $369 $440 19%
Meadowbank (Remuera South & Glendowie) $389 $386 -1%
Glen Innes / Panmure / Mt Wellington $364 $370 2%
Howick (Bucklands Beach & Botany) $392 $367 -6%
Pakuranga $350 $412 18%
Mangere / Otahuhu / Otara $411 $355 -14%
Papatoetoe $348 $359 3%
Manukau / Manurewa $391 $401 3%
Papakura $302 $283 -6%
Pukekohe (Tuakau & Waiuku) $338 $371 10%

  

2 Bedroom

SUBURB 2020 2021 Variance %
Orewa (Silverdale to Wellsford) $484 $513 6%
Browns Bay / Torbay / Albany $501 $512 2%
East Coast Bays $543 $571 5%
Glenfield (Sunnynook, Northcote & Birkdale) $504 $533 6%
Birkenhead (Northcote Point) $526 $553 5%
Takapuna/ Milford $615 $586 -5%
Devonport $560 $582 4%
West AKL (Glendene, Glen Eden & Massey) $455 $485 7%
Te Atatu (Westgate & West Harbour) $489 $523 7%
Waterview (Avondale & Titirangi) $490 $523 7%
City Centre (Parnell, Grafton & Newton) $545 $500 -8%
Ponsonby (St Marys & Herne Bay) $697 $731 5%
Grey Lynn / Westmere $670 $696 4%
Mt Albert/ Pt Chev $552 $545 -1%
Sandringham (Three Kings & Hillsborough) $504 $519 3%
Mt Roskill (Owairaka & Lynfield) $497 $508 2%
Mt Eden (Kingsland & Balmoral) $571 $584 2%
Epsom (Newmarket & Royal Oak) $551 $570 3%
One Tree Hill / Ellerslie $524 $535 2%
City Bays (Mission Bay to St Heliers) $609 $631 4%
Remuera $620 $578 -7%
Meadowbank (Remuera South & Glendowie) $542 $546 1%
Glen Innes / Panmure / Mt Wellington $493 $508 3%
Howick (Bucklands Beach & Botany) $516 $521 1%
Pakuranga $477 $503 5%
Mangere / Otahuhu / Otara $452 $490 8%
Papatoetoe $475 $497 5%
Manukau / Manurewa $464 $508 9%
Papakura $441 $488 11%
Pukekohe (Tuakau & Waiuku) $404 $461 14%

 

3 Bedroom

SUBURB 2020 2021 Variance %
Orewa (Silverdale to Wellsford) $581 $614 6%
Browns Bay / Torbay / Albany $621 $643 3%
East Coast Bays $686 $715 4%
Glenfield (Sunnynook, Northcote & Birkdale) $598 $623 4%
Birkenhead (Northcote Point) $683 $658 -4%
Takapuna/ Milford $762 $826 8%
Devonport $748 $793 6%
West AKL (Glendene, Glen Eden & Massey) $550 $575 5%
Te Atatu (Westgate & West Harbour) $576 $606 5%
Waterview (Avondale & Titirangi) $594 $623 5%
City Centre (Parnell, Grafton & Newton) $777 $801 3%
Ponsonby (St Marys & Herne Bay) $957 $1,009 5%
Grey Lynn / Westmere $870 $848 -3%
Mt Albert/ Pt Chev $700 $729 4%
Sandringham (Three Kings & Hillsborough) $676 $638 -6%
Mt Roskill (Owairaka & Lynfield) $594 $626 5%
Mt Eden (Kingsland & Balmoral) $726 $723 -1%
Epsom (Newmarket & Royal Oak) $706 $737 4%
One Tree Hill / Ellerslie $647 $685 6%
City Bays (Mission Bay to St Heliers) $832 $823 -1%
Remuera $790 $798 1%
Meadowbank (Remuera South & Glendowie) $748 $765 2%
Glen Innes / Panmure / Mt Wellington $608 $641 5%
Howick (Bucklands Beach & Botany) $635 $655 3%
Pakuranga $590 $610 3%
Mangere / Otahuhu / Otara $558 $598 7%
Papatoetoe $602 $635 5%
Manukau / Manurewa $566 $594 5%
Papakura $536 $594 11%
Pukekohe (Tuakau & Waiuku) $499 $542 9%

 

4 Bedroom

SUBURB 2020 2021 Variance %
Orewa (Silverdale to Wellsford) $699 $746 7%
Browns Bay / Torbay / Albany $759 $794 5%
East Coast Bays $845 $849 1%
Glenfield (Sunnynook, Northcote & Birkdale) $711 $758 7%
Birkenhead (Northcote Point) $813 $731 -10%
Takapuna/ Milford $859 $863 0%
Devonport $1,053 $987 -6%
West AKL (Glendene, Glen Eden & Massey) $655 $692 6%
Te Atatu (Westgate & West Harbour) $722 $730 1%
Waterview (Avondale & Titirangi) $697 $747 7%
City Centre (Parnell, Grafton & Newton) $767 $770 0%
Ponsonby (St Marys & Herne Bay) $1,400 $1,189 -15%
Grey Lynn / Westmere $1,051 $1,040 -1%
Mt Albert/ Pt Chev $848 $757 -11%
Sandringham (Three Kings & Hillsborough) $724 $783 8%
Mt Roskill (Owairaka & Lynfield) $710 $788 11%
Mt Eden (Kingsland & Balmoral) $929 $960 3%
Epsom (Newmarket & Royal Oak) $906 $1,001 10%
One Tree Hill / Ellerslie $826 $859 4%
City Bays (Mission Bay to St Heliers) $1,118 $1,206 8%
Remuera $1,094 $1,089 0%
Meadowbank (Remuera South & Glendowie) $942 $989 5%
Glen Innes / Panmure / Mt Wellington $742 $795 7%
Howick (Bucklands Beach & Botany) $743 $757 2%
Pakuranga $692 $727 5%
Mangere / Otahuhu / Otara $649 $672 4%
Papatoetoe $679 $723 7%
Manukau / Manurewa $704 $681 -3%
Papakura $638 $691 8%
Pukekohe (Tuakau & Waiuku) $586 $628 7%

 

NOTE: The way MBIE is reporting rental data to REINZ has changed. They will no longer be providing rental data from the previous month, with the intention of providing a more complete and accurate picture of all bonds lodged by tenancy start date. 

Previously, 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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