September 2023

REINZ Residential Rent Review

September 2023

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1 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $395 $423 7%
Browns Bay / Torbay / Albany $426 $458 8%
East Coast Bays $441 $430 -3%
Glenfield (Sunnynook, Northcote & Birkdale) $388 $454 17%
Birkenhead (Northcote Point) $382 $499 30%
Takapuna/ Milford $500 $559 12%
Devonport $439 $498 13%
West AKL (Glendene, Glen Eden & Massey) $375 $401 7%
Te Atatu (Westgate & West Harbour) $406 $460 13%
Waterview (Avondale & Titirangi) $386 $405 5%
City Centre (Parnell, Grafton & Newton) $381 $454 19%
Ponsonby (St Marys & Herne Bay) $493 $560 13%
Grey Lynn / Westmere $482 $539 12%
Mt Albert/ Pt Chev $396 $421 6%
Sandringham (Three Kings & Hillsborough) $430 $459 7%
Mt Roskill (Owairaka & Lynfield) $320 $417 30%
Mt Eden (Kingsland & Balmoral) $416 $458 10%
Epsom (Newmarket & Royal Oak) $416 $449 8%
One Tree Hill / Ellerslie $433 $456 5%
City Bays (Mission Bay to St Heliers) $435 $486 12%
Remuera $429 $447 4%
Meadowbank (Remuera South & Glendowie) $413 $447 8%
Glen Innes / Panmure / Mt Wellington $410 $455 11%
Howick (Bucklands Beach & Botany) $413 $450 9%
Pakuranga $372 $400 8%
Mangere / Otahuhu / Otara $339 $413 22%
Papatoetoe $376 $404 7%
Manukau / Manurewa $390 $418 7%
Papakura $370 $380 3%
Pukekohe (Tuakau & Waiuku) $371 $395 6%

 

2 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $516 $554 7%
Browns Bay / Torbay / Albany $538 $567 6%
East Coast Bays $577 $619 7%
Glenfield (Sunnynook, Northcote & Birkdale) $543 $578 6%
Birkenhead (Northcote Point) $553 $587 6%
Takapuna/ Milford $601 $679 13%
Devonport $592 $631 7%
West AKL (Glendene, Glen Eden & Massey) $510 $527 3%
Te Atatu (Westgate & West Harbour) $536 $594 11%
Waterview (Avondale & Titirangi) $535 $564 5%
City Centre (Parnell, Grafton & Newton) $509 $594 17%
Ponsonby (St Marys & Herne Bay) $693 $789 14%
Grey Lynn / Westmere $703 $736 5%
Mt Albert/ Pt Chev $540 $592 10%
Sandringham (Three Kings & Hillsborough) $525 $583 11%
Mt Roskill (Owairaka & Lynfield) $523 $545 4%
Mt Eden (Kingsland & Balmoral) $575 $613 7%
Epsom (Newmarket & Royal Oak) $567 $608 7%
One Tree Hill / Ellerslie $559 $586 5%
City Bays (Mission Bay to St Heliers) $635 $690 9%
Remuera $643 $644 0%
Meadowbank (Remuera South & Glendowie) $552 $619 12%
Glen Innes / Panmure / Mt Wellington $530 $553 4%
Howick (Bucklands Beach & Botany) $546 $573 5%
Pakuranga $518 $557 8%
Mangere / Otahuhu / Otara $479 $528 10%
Papatoetoe $516 $540 5%
Manukau / Manurewa $503 $539 7%
Papakura $498 $518 4%
Pukekohe (Tuakau & Waiuku) $461 $490 6%

 

3 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $640 $666 4%
Browns Bay / Torbay / Albany $663 $700 6%
East Coast Bays $730 $776 6%
Glenfield (Sunnynook, Northcote & Birkdale) $634 $678 7%
Birkenhead (Northcote Point) $678 $749 11%
Takapuna/ Milford $781 $765 -2%
Devonport $773 $883 14%
West AKL (Glendene, Glen Eden & Massey) $599 $636 6%
Te Atatu (Westgate & West Harbour) $640 $658 3%
Waterview (Avondale & Titirangi) $643 $679 6%
City Centre (Parnell, Grafton & Newton) $767 $786 2%
Ponsonby (St Marys & Herne Bay) $921 $985 7%
Grey Lynn / Westmere $916 $946 3%
Mt Albert/ Pt Chev $734 $735 0%
Sandringham (Three Kings & Hillsborough) $680 $726 7%
Mt Roskill (Owairaka & Lynfield) $652 $682 5%
Mt Eden (Kingsland & Balmoral) $747 $787 5%
Epsom (Newmarket & Royal Oak) $749 $779 4%
One Tree Hill / Ellerslie $696 $723 4%
City Bays (Mission Bay to St Heliers) $853 $934 10%
Remuera $829 $858 4%
Meadowbank (Remuera South & Glendowie) $809 $810 0%
Glen Innes / Panmure / Mt Wellington $651 $691 6%
Howick (Bucklands Beach & Botany) $676 $704 4%
Pakuranga $650 $663 2%
Mangere / Otahuhu / Otara $616 $656 6%
Papatoetoe $648 $670 3%
Manukau / Manurewa $625 $658 5%
Papakura $624 $648 4%
Pukekohe (Tuakau & Waiuku) $584 $597 2%

 

4 Bedroom

SUBURB 2022 2023 Variance %
Orewa (Silverdale to Wellsford) $780 $814 4%
Browns Bay / Torbay / Albany $823 $858 4%
East Coast Bays $839 $826 -2%
Glenfield (Sunnynook, Northcote & Birkdale) $760 $818 8%
Birkenhead (Northcote Point) $858 $876 2%
Takapuna/ Milford $955 $923 -3%
Devonport $931 $963 3%
West AKL (Glendene, Glen Eden & Massey) $710 $758 7%
Te Atatu (Westgate & West Harbour) $795 $809 2%
Waterview (Avondale & Titirangi) $738 $822 11%
City Centre (Parnell, Grafton & Newton) $900 $965 7%
Ponsonby (St Marys & Herne Bay) $1,528 $1,319 -14%
Grey Lynn / Westmere $1,061 $1,083 2%
Mt Albert/ Pt Chev $889 $899 1%
Sandringham (Three Kings & Hillsborough) $846 $889 5%
Mt Roskill (Owairaka & Lynfield) $764 $858 12%
Mt Eden (Kingsland & Balmoral) $999 $1,023 2%
Epsom (Newmarket & Royal Oak) $959 $1,037 8%
One Tree Hill / Ellerslie $906 $891 -2%
City Bays (Mission Bay to St Heliers) $1,172 $1,149 -2%
Remuera $1,141 $1,152 1%
Meadowbank (Remuera South & Glendowie) $938 $1,076 15%
Glen Innes / Panmure / Mt Wellington $796 $843 6%
Howick (Bucklands Beach & Botany) $797 $827 4%
Pakuranga $751 $789 5%
Mangere / Otahuhu / Otara $720 $751 4%
Papatoetoe $729 $747 2%
Manukau / Manurewa $724 $755 4%
Papakura $708 $745 5%
Pukekohe (Tuakau & Waiuku) $666 $693 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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