October 2024

REINZ Residential Rent Review

October 2024

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1 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $427 $438 3%
Browns Bay / Torbay / Albany $464 $478 3%
East Coast Bays $424 $471 11%
Glenfield (Sunnynook, Northcote & Birkdale) $441 $445 1%
Birkenhead (Northcote Point) $485 $492 1%
Takapuna / Milford         $530 $551 4%
Devonport $499 $538 8%
West AKL (Glendene, Glen Eden & Massey) $402 $410 2%
Te Atatu (Westgate & West Harbour) $464 $476 3%
Waterview (Avondale & Titirangi) $416 $461 11%
City Centre (Parnell, Grafton & Newton) $457 $452 -1%
Ponsonby (St Marys & Herne Bay) $561 $584 4%
Grey Lynn / Westmere $537 $550 2%
Mt Albert / Pt Chevalier $442 $460 4%
Sandringham (Three Kings & Hillsborough) $463 $484 5%
Mt Roskill (Owairaka & Lynfield) $382 $446 17%
Mt Eden (Kingsland & Balmoral) $460 $491 7%
Epsom (Newmarket & Royal Oak) $464 $442 -5%
One Tree Hill / Ellerslie $453 $478 6%
City Bays (Mission Bay to St Heliers) $483 $455 -6%
Remuera $450 $475 6%
Meadowbank (Remuera South & Glendowie) $462 $515 11%
Glen Innes / Panmure / Mt Wellington $451 $544 21%
Howick (Bucklands Beach & Botany) $457 $458 0%
Pakuranga $396 $380 -4%
Mangere / Otahuhu / Otara $411 $425 3%
Papatoetoe $401 $403 1%
Manukau / Manurewa $433 $441 2%
Papakura $382 $343 -10%
Pukekohe (Tuakau & Waiuku) $404 $425 5%

 

2 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $556 $565 2%
Browns Bay / Torbay / Albany $568 $585 3%
East Coast Bays $626 $619 -1%
Glenfield (Sunnynook, Northcote & Birkdale) $586 $600 2%
Birkenhead (Northcote Point) $592 $626 6%
Takapuna / Milford         $688 $689 0%
Devonport $640 $633 -1%
West AKL (Glendene, Glen Eden & Massey) $530 $585 10%
Te Atatu (Westgate & West Harbour) $592 $614 4%
Waterview (Avondale & Titirangi) $571 $597 5%
City Centre (Parnell, Grafton & Newton) $594 $597 0%
Ponsonby (St Marys & Herne Bay) $773 $777 1%
Grey Lynn / Westmere $763 $773 1%
Mt Albert / Pt Chevalier $595 $630 6%
Sandringham (Three Kings & Hillsborough) $586 $607 4%
Mt Roskill (Owairaka & Lynfield) $544 $590 8%
Mt Eden (Kingsland & Balmoral) $620 $648 5%
Epsom (Newmarket & Royal Oak) $613 $630 3%
One Tree Hill / Ellerslie $594 $619 4%
City Bays (Mission Bay to St Heliers) $688 $711 3%
Remuera $640 $650 2%
Meadowbank (Remuera South & Glendowie) $617 $636 3%
Glen Innes / Panmure / Mt Wellington $559 $596 7%
Howick (Bucklands Beach & Botany) $578 $603 4%
Pakuranga $561 $586 5%
Mangere / Otahuhu / Otara $540 $587 9%
Papatoetoe $544 $579 6%
Manukau / Manurewa $543 $586 8%
Papakura $525 $558 6%
Pukekohe (Tuakau & Waiuku) $487 $534 10%

 

3 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $671 $698 4%
Browns Bay / Torbay / Albany $708 $746 5%
East Coast Bays $780 $808 4%
Glenfield (Sunnynook, Northcote & Birkdale) $684 $704 3%
Birkenhead (Northcote Point) $755 $769 2%
Takapuna / Milford         $789 $858 9%
Devonport $873 $876 0%
West AKL (Glendene, Glen Eden & Massey) $637 $663 4%
Te Atatu (Westgate & West Harbour) $664 $694 5%
Waterview (Avondale & Titirangi) $684 $698 2%
City Centre (Parnell, Grafton & Newton) $814 $892 10%
Ponsonby (St Marys & Herne Bay) $982 $1,065 8%
Grey Lynn / Westmere $946 $976 3%
Mt Albert / Pt Chevalier $739 $798 8%
Sandringham (Three Kings & Hillsborough) $731 $736 1%
Mt Roskill (Owairaka & Lynfield) $685 $731 7%
Mt Eden (Kingsland & Balmoral) $787 $826 5%
Epsom (Newmarket & Royal Oak) $769 $839 9%
One Tree Hill / Ellerslie $731 $761 4%
City Bays (Mission Bay to St Heliers) $918 $924 1%
Remuera $887 $861 -3%
Meadowbank (Remuera South & Glendowie) $810 $828 2%
Glen Innes / Panmure / Mt Wellington $693 $734 6%
Howick (Bucklands Beach & Botany) $710 $744 5%
Pakuranga $671 $704 5%
Mangere / Otahuhu / Otara $661 $696 5%
Papatoetoe $676 $718 6%
Manukau / Manurewa $661 $683 3%
Papakura $655 $686 5%
Pukekohe (Tuakau & Waiuku) $604 $638 6%

 

4 Bedroom

SUBURB 2023 2024 Variance %
Orewa (Silverdale to Wellsford) $821 $834 2%
Browns Bay / Torbay / Albany $863 $879 2%
East Coast Bays $825 $956 16%
Glenfield (Sunnynook, Northcote & Birkdale) $828 $854 3%
Birkenhead (Northcote Point) $876 $881 1%
Takapuna / Milford         $954 $998 5%
Devonport $963 $1,300 35%
West AKL (Glendene, Glen Eden & Massey) $770 $784 2%
Te Atatu (Westgate & West Harbour) $821 $858 5%
Waterview (Avondale & Titirangi) $838 $866 3%
City Centre (Parnell, Grafton & Newton) $1,005 $1,030 2%
Ponsonby (St Marys & Herne Bay) $1,243 $1,152 -7%
Grey Lynn / Westmere $1,101 $1,346 22%
Mt Albert / Pt Chevalier $864 $1,045 21%
Sandringham (Three Kings & Hillsborough) $900 $875 -3%
Mt Roskill (Owairaka & Lynfield) $883 $846 -4%
Mt Eden (Kingsland & Balmoral) $1,058 $1,056 0%
Epsom (Newmarket & Royal Oak) $1,053 $1,095 4%
One Tree Hill / Ellerslie $883 $968 10%
City Bays (Mission Bay to St Heliers) $1,137 $1,215 7%
Remuera $1,155 $1,096 -5%
Meadowbank (Remuera South & Glendowie) $1,044 $1,035 -1%
Glen Innes / Panmure / Mt Wellington $859 $843 -2%
Howick (Bucklands Beach & Botany) $830 $864 4%
Pakuranga $795 $816 3%
Mangere / Otahuhu / Otara $765 $789 3%
Papatoetoe $745 $816 10%
Manukau / Manurewa $758 $793 5%
Papakura $747 $783 5%
Pukekohe (Tuakau & Waiuku) $697 $737 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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