Financial Wire

Average Weekly Rent Across Auckland Falls 0.2% for Properties With Over Five Bedrooms, Barfoot & Thompson Says

The average weekly rent in March across Auckland for properties with over five bedrooms came in at about NZ$1,030, down 0.2% year over year, according to data from Barfoot & Thompson on Friday.The average weekly rent for four-bedroom properties in March rose 0.5% to NZ$843.39, for three-bedroom properties 1.2% to NZ$702.20, for two-bedroom properties 0.8% to NZ$587.71, and for single-bedroom properties 1.3% to NZ$466.15.In comparison, the average weekly rent for four-bedroom properties in the year-ago period was NZ$839, for three-bedroom properties was NZ$694, for two-bedroom properties was NZ$583, and for single-bedroom properties was NZ$460.The total number of rental properties as of March 31 with five bedrooms was 1,134, those with four bedrooms was 3,857, those with three bedrooms was 7,173, those with two bedrooms was 5,198, and those with a single bedroom was 1,811.In March 2025, the total number of rental properties with five bedrooms was 1,093, those with four bedrooms was 3,610, those with three bedrooms was 6,662, those with two bedrooms was 4,835, and those with only one bedroom was 1,729.

-- The average weekly rent in March across Auckland for properties with over five bedrooms came in at about NZ$1,030, down 0.2% year over year, according to data from Barfoot & Thompson on Friday.

The average weekly rent for four-bedroom properties in March rose 0.5% to NZ$843.39, for three-bedroom properties 1.2% to NZ$702.20, for two-bedroom properties 0.8% to NZ$587.71, and for single-bedroom properties 1.3% to NZ$466.15.

In comparison, the average weekly rent for four-bedroom properties in the year-ago period was NZ$839, for three-bedroom properties was NZ$694, for two-bedroom properties was NZ$583, and for single-bedroom properties was NZ$460.

The total number of rental properties as of March 31 with five bedrooms was 1,134, those with four bedrooms was 3,857, those with three bedrooms was 7,173, those with two bedrooms was 5,198, and those with a single bedroom was 1,811.

In March 2025, the total number of rental properties with five bedrooms was 1,093, those with four bedrooms was 3,610, those with three bedrooms was 6,662, those with two bedrooms was 4,835, and those with only one bedroom was 1,729.