September 2024

REINZ Residential Rent Review

September 2024

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1 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $423 $438 4%
Browns Bay / Torbay / Albany $458 $487 6%
East Coast Bays $426 $467 10%
Glenfield (Sunnynook, Northcote & Birkdale) $454 $442 -3%
Birkenhead (Northcote Point) $489 $488 0%
Takapuna / Milford         $551 $542 -2%
Devonport $498 $543 9%
West AKL (Glendene, Glen Eden & Massey) $401 $417 4%
Te Atatu (Westgate & West Harbour) $460 $482 5%
Waterview (Avondale & Titirangi) $407 $466 15%
City Centre (Parnell, Grafton & Newton) $454 $456 0%
Ponsonby (St Marys & Herne Bay) $560 $589 5%
Grey Lynn / Westmere $539 $534 -1%
Mt Albert / Pt Chevalier $421 $474 13%
Sandringham (Three Kings & Hillsborough) $459 $498 8%
Mt Roskill (Owairaka & Lynfield) $417 $466 12%
Mt Eden (Kingsland & Balmoral) $458 $494 8%
Epsom (Newmarket & Royal Oak) $449 $460 2%
One Tree Hill / Ellerslie $456 $482 6%
City Bays (Mission Bay to St Heliers) $486 $448 -8%
Remuera $452 $490 8%
Meadowbank (Remuera South & Glendowie) $447 $523 17%
Glen Innes / Panmure / Mt Wellington $455 $515 13%
Howick (Bucklands Beach & Botany) $450 $469 4%
Pakuranga $404 $390 -3%
Mangere / Otahuhu / Otara $413 $425 3%
Papatoetoe $404 $403 0%
Manukau / Manurewa $418 $432 3%
Papakura $380 $343 -10%
Pukekohe (Tuakau & Waiuku) $398 $430 8%

 

2 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $554 $565 2%
Browns Bay / Torbay / Albany $567 $588 4%
East Coast Bays $619 $611 -1%
Glenfield (Sunnynook, Northcote & Birkdale) $578 $599 4%
Birkenhead (Northcote Point) $587 $621 6%
Takapuna / Milford         $679 $688 1%
Devonport $631 $650 3%
West AKL (Glendene, Glen Eden & Massey) $527 $586 11%
Te Atatu (Westgate & West Harbour) $594 $616 4%
Waterview (Avondale & Titirangi) $564 $603 7%
City Centre (Parnell, Grafton & Newton) $594 $598 1%
Ponsonby (St Marys & Herne Bay) $789 $766 -3%
Grey Lynn / Westmere $736 $780 6%
Mt Albert / Pt Chevalier $592 $636 7%
Sandringham (Three Kings & Hillsborough) $583 $603 3%
Mt Roskill (Owairaka & Lynfield) $545 $593 9%
Mt Eden (Kingsland & Balmoral) $613 $651 6%
Epsom (Newmarket & Royal Oak) $608 $635 4%
One Tree Hill / Ellerslie $586 $619 6%
City Bays (Mission Bay to St Heliers) $690 $719 4%
Remuera $644 $642 0%
Meadowbank (Remuera South & Glendowie) $619 $648 5%
Glen Innes / Panmure / Mt Wellington $553 $597 8%
Howick (Bucklands Beach & Botany) $573 $604 5%
Pakuranga $557 $589 6%
Mangere / Otahuhu / Otara $528 $592 12%
Papatoetoe $540 $578 7%
Manukau / Manurewa $539 $584 8%
Papakura $518 $559 8%
Pukekohe (Tuakau & Waiuku) $490 $528 8%

 

3 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $666 $698 5%
Browns Bay / Torbay / Albany $700 $746 7%
East Coast Bays $776 $816 5%
Glenfield (Sunnynook, Northcote & Birkdale) $678 $710 5%
Birkenhead (Northcote Point) $749 $770 3%
Takapuna / Milford         $765 $848 11%
Devonport $873 $868 -1%
West AKL (Glendene, Glen Eden & Massey) $636 $666 5%
Te Atatu (Westgate & West Harbour) $658 $694 5%
Waterview (Avondale & Titirangi) $679 $707 4%
City Centre (Parnell, Grafton & Newton) $786 $871 11%
Ponsonby (St Marys & Herne Bay) $985 $1,110 13%
Grey Lynn / Westmere $946 $988 4%
Mt Albert / Pt Chevalier $735 $806 10%
Sandringham (Three Kings & Hillsborough) $726 $736 1%
Mt Roskill (Owairaka & Lynfield) $682 $734 8%
Mt Eden (Kingsland & Balmoral) $787 $840 7%
Epsom (Newmarket & Royal Oak) $779 $859 10%
One Tree Hill / Ellerslie $723 $765 6%
City Bays (Mission Bay to St Heliers) $934 $919 -2%
Remuera $858 $861 0%
Meadowbank (Remuera South & Glendowie) $810 $819 1%
Glen Innes / Panmure / Mt Wellington $691 $738 7%
Howick (Bucklands Beach & Botany) $704 $748 6%
Pakuranga $663 $708 7%
Mangere / Otahuhu / Otara $656 $697 6%
Papatoetoe $670 $720 8%
Manukau / Manurewa $658 $686 4%
Papakura $648 $685 6%
Pukekohe (Tuakau & Waiuku) $597 $640 7%

 

4 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $814 $833 2%
Browns Bay / Torbay / Albany $858 $885 3%
East Coast Bays $826 $964 17%
Glenfield (Sunnynook, Northcote & Birkdale) $818 $856 5%
Birkenhead (Northcote Point) $880 $898 2%
Takapuna / Milford         $944 $1,019 8%
Devonport $963 $1,267 32%
West AKL (Glendene, Glen Eden & Massey) $758 $788 4%
Te Atatu (Westgate & West Harbour) $809 $863 7%
Waterview (Avondale & Titirangi) $822 $867 5%
City Centre (Parnell, Grafton & Newton) $965 $1,008 4%
Ponsonby (St Marys & Herne Bay) $1,319 $1,202 -9%
Grey Lynn / Westmere $1,098 $1,315 20%
Mt Albert / Pt Chevalier $899 $1,025 14%
Sandringham (Three Kings & Hillsborough) $889 $880 -1%
Mt Roskill (Owairaka & Lynfield) $858 $843 -2%
Mt Eden (Kingsland & Balmoral) $1,023 $1,046 2%
Epsom (Newmarket & Royal Oak) $1,037 $1,089 5%
One Tree Hill / Ellerslie $891 $963 8%
City Bays (Mission Bay to St Heliers) $1,149 $1,240 8%
Remuera $1,144 $1,104 -3%
Meadowbank (Remuera South & Glendowie) $1,076 $1,043 -3%
Glen Innes / Panmure / Mt Wellington $843 $844 0%
Howick (Bucklands Beach & Botany) $827 $872 5%
Pakuranga $790 $821 4%
Mangere / Otahuhu / Otara $751 $784 4%
Papatoetoe $747 $812 9%
Manukau / Manurewa $755 $801 6%
Papakura $745 $785 5%
Pukekohe (Tuakau & Waiuku) $693 $733 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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