June 2024

REINZ Residential Rent Review

June 2024

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1 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $413 $435 5%
Browns Bay / Torbay / Albany $453 $479 6%
East Coast Bays $431 $470 9%
Glenfield (Sunnynook, Northcote & Birkdale) $428 $425 -1%
Birkenhead (Northcote Point) $475 $498 5%
Takapuna/ Milford $547 $532 -3%
Devonport $488 $562 15%
West AKL (Glendene, Glen Eden & Massey) $383 $421 10%
Te Atatu (Westgate & West Harbour) $448 $483 8%
Waterview (Avondale & Titirangi) $403 $479 19%
City Centre (Parnell, Grafton & Newton) $430 $456 6%
Ponsonby (St Marys & Herne Bay) $544 $582 7%
Grey Lynn / Westmere $510 $542 6%
Mt Albert/ Pt Chev $404 $462 14%
Sandringham (Three Kings & Hillsborough) $437 $483 10%
Mt Roskill (Owairaka & Lynfield) $413 $464 13%
Mt Eden (Kingsland & Balmoral) $453 $496 10%
Epsom (Newmarket & Royal Oak) $443 $508 15%
One Tree Hill / Ellerslie $458 $493 8%
City Bays (Mission Bay to St Heliers) $455 $456 0%
Remuera $490 $513 5%
Meadowbank (Remuera South & Glendowie) $450 $493 10%
Glen Innes / Panmure / Mt Wellington $429 $447 4%
Howick (Bucklands Beach & Botany) $428 $458 7%
Pakuranga $411 $422 3%
Mangere / Otahuhu / Otara $435 $386 -11%
Papatoetoe $378 $407 8%
Manukau / Manurewa $389 $423 9%
Papakura $380 $391 3%
Pukekohe (Tuakau & Waiuku) $398 $431 8%

 

2 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $548 $568 4%
Browns Bay / Torbay / Albany $548 $577 5%
East Coast Bays $591 $628 6%
Glenfield (Sunnynook, Northcote & Birkdale) $558 $595 7%
Birkenhead (Northcote Point) $558 $620 11%
Takapuna/ Milford $676 $687 2%
Devonport $637 $651 2%
West AKL (Glendene, Glen Eden & Massey) $525 $583 11%
Te Atatu (Westgate & West Harbour) $591 $614 4%
Waterview (Avondale & Titirangi) $542 $596 10%
City Centre (Parnell, Grafton & Newton) $567 $597 5%
Ponsonby (St Marys & Herne Bay) $733 $750 2%
Grey Lynn / Westmere $723 $775 7%
Mt Albert/ Pt Chev $573 $632 10%
Sandringham (Three Kings & Hillsborough) $550 $595 8%
Mt Roskill (Owairaka & Lynfield) $526 $578 10%
Mt Eden (Kingsland & Balmoral) $591 $638 8%
Epsom (Newmarket & Royal Oak) $587 $632 8%
One Tree Hill / Ellerslie $559 $623 11%
City Bays (Mission Bay to St Heliers) $665 $698 5%
Remuera $648 $661 2%
Meadowbank (Remuera South & Glendowie) $597 $652 9%
Glen Innes / Panmure / Mt Wellington $535 $605 13%
Howick (Bucklands Beach & Botany) $568 $602 6%
Pakuranga $545 $580 6%
Mangere / Otahuhu / Otara $507 $579 14%
Papatoetoe $529 $568 7%
Manukau / Manurewa $524 $586 12%
Papakura $499 $556 11%
Pukekohe (Tuakau & Waiuku) $463 $535 16%

 

3 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $653 $702 7%
Browns Bay / Torbay / Albany $695 $746 7%
East Coast Bays $762 $809 6%
Glenfield (Sunnynook, Northcote & Birkdale) $662 $711 7%
Birkenhead (Northcote Point) $760 $790 4%
Takapuna/ Milford $741 $828 12%
Devonport $869 $881 1%
West AKL (Glendene, Glen Eden & Massey) $621 $668 7%
Te Atatu (Westgate & West Harbour) $653 $689 5%
Waterview (Avondale & Titirangi) $653 $712 9%
City Centre (Parnell, Grafton & Newton) $783 $875 12%
Ponsonby (St Marys & Herne Bay) $1,025 $1,128 10%
Grey Lynn / Westmere $919 $942 2%
Mt Albert/ Pt Chev $724 $806 11%
Sandringham (Three Kings & Hillsborough) $714 $733 3%
Mt Roskill (Owairaka & Lynfield) $653 $730 12%
Mt Eden (Kingsland & Balmoral) $767 $824 8%
Epsom (Newmarket & Royal Oak) $775 $851 10%
One Tree Hill / Ellerslie $706 $769 9%
City Bays (Mission Bay to St Heliers) $911 $931 2%
Remuera $846 $885 5%
Meadowbank (Remuera South & Glendowie) $786 $820 4%
Glen Innes / Panmure / Mt Wellington $679 $742 9%
Howick (Bucklands Beach & Botany) $687 $746 9%
Pakuranga $646 $706 9%
Mangere / Otahuhu / Otara $640 $696 9%
Papatoetoe $656 $715 9%
Manukau / Manurewa $645 $686 6%
Papakura $629 $677 8%
Pukekohe (Tuakau & Waiuku) $592 $633 7%

 

4 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $804 $839 4%
Browns Bay / Torbay / Albany $831 $898 8%
East Coast Bays $810 $1,049 30%
Glenfield (Sunnynook, Northcote & Birkdale) $786 $855 9%
Birkenhead (Northcote Point) $865 $912 5%
Takapuna/ Milford $976 $1,002 3%
Devonport $1,025 $1,102 8%
West AKL (Glendene, Glen Eden & Massey) $749 $794 6%
Te Atatu (Westgate & West Harbour) $796 $850 7%
Waterview (Avondale & Titirangi) $793 $870 10%
City Centre (Parnell, Grafton & Newton) $940 $1,036 10%
Ponsonby (St Marys & Herne Bay) $1,525 $1,369 -10%
Grey Lynn / Westmere $1,054 $1,201 14%
Mt Albert/ Pt Chev $886 $1,014 14%
Sandringham (Three Kings & Hillsborough) $853 $876 3%
Mt Roskill (Owairaka & Lynfield) $814 $848 4%
Mt Eden (Kingsland & Balmoral) $986 $1,043 6%
Epsom (Newmarket & Royal Oak) $1,037 $1,096 6%
One Tree Hill / Ellerslie $864 $939 9%
City Bays (Mission Bay to St Heliers) $1,115 $1,184 6%
Remuera $1,125 $1,178 5%
Meadowbank (Remuera South & Glendowie) $1,028 $1,065 4%
Glen Innes / Panmure / Mt Wellington $829 $883 7%
Howick (Bucklands Beach & Botany) $817 $878 7%
Pakuranga $797 $844 6%
Mangere / Otahuhu / Otara $743 $788 6%
Papatoetoe $755 $808 7%
Manukau / Manurewa $753 $813 8%
Papakura $734 $783 7%
Pukekohe (Tuakau & Waiuku) $692 $728 5%

 

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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