Issuu

barfoot.co.nz/browns-bay

Browns Bay Property Management

RENT

Sept/Oct. 2026

Rental Report

Browns Bay

Property Management Team #4 Property Management Team, to end March 2024 #3 Property Management Team, 6 months ending September 2023 Top Medium Property Management Office, North Shore Region, 6 months ending September 2023

Nikki Gallichan Head of Property Management 027 436 0874

Amanda Chue Senior Property Manager 027 836 4913

Anna Gibbons Senior Property Manager 027 431 9461

Vivienne Shen Property Manager 027 628 7919

Hello Welcome to the September/October 2026 edition of our RENT – Property Management magazine from the Browns Bay branch team. Inside you will find the latest property management market data for the areas across Auckland, along with tips and information about our Property Management services. As one of the company’s most established branches, Barfoot & Thompson Browns Bay proactively supports the local community and charities, whilst providing an exceptional service for real estate. The Property Management team at Browns Bay works cohesively and we pride ourselves in delivering an exceptional service to both landlords and tenants. Our stress-free property management service is all inclusive at a very competitive fee with no additional costs or hidden charges. With experience in all aspects of the job - finding tenants, collecting rent, carrying out maintenance and conducting rent reviews to maximise your return - the team manages a growing portfolio of over 380 properties and would love to add yours. Nikki Gallichan, Head of Property Management, has worked in property management since 2012 and has found her calling in an industry where no two days are the same. She loves the constant variety and challenges it provides, but says it’s the people who make the job so rewarding. Nikki has lived in the Bays for the majority of her life and has a great appreciation for the area. Like many of the tenants who choose to live locally, Nikki loves being just one kilometre walk in either direction from its beaches. Having gained the respect and loyalty of many landlords and tenants in the area, you can be assured that Nikki has the skill and the knowledge to help you too. Call or email today to discuss how they can help you manage your assets and investments. Nikki Gallichan and the Browns Bay Property Management Team.

Browns Bay branch 35 Clyde Road, Browns Bay 0630

Property Mgt 09 478 6195 E browns.rental@barfoot.co.nz barfoot.co.nz/browns-bay

Latest News August’s Monthly Rental Market Update

Rental market marks time in August September 2026 The rental market marked time in August as activity slowed and the broader conditions remained steady, with no change in prices or stock levels.

Stock levels were virtually unchanged in August, with 779 homes available for rent at the end of the month, compared with 777 in July.

Data from Barfoot & Thompson’s portfolio of rental homes across Auckland, Northland and Bay of Plenty shows there were 22,165 enquiries about properties for let during August, down 15.3% from July.

“Stock levels are relatively high, but are down on much of last year, when the number of available rentals stayed well above 800 most months of the year,” says Anil.

Attendance at property viewings and applications also eased in line with the drop in enquiries. Overall, a total of 588 properties were let, 9.5% fewer than in July. “The market was ticking along in August, and not rushing in any particular direction thanks to steady prices and good stock levels,” says Anil Anna, General Manager Property Management at Barfoot & Thompson. “While activity is quieter, renters are still out and about, and wellpresented properties at the right price are continuing to attract interest.”

The average weekly rent in Auckland was flat too, hovering just under the $700 mark, where it’s been for much of the year, finishing August at $699.00, up just 0.9% on last year. “The current combination of stable rents, good availability and slightly less competition than we saw in July, mean people thinking about moving have a bit more time to consider their options.” In Auckland, weekly rents for one and two-bedroom properties were showing slightly stronger annual rent increases than other sized-homes, up 1.2% and 1.1% respectively, while large homes with five or more bedrooms saw

the least change at 0.6% year-onyear. By area in Auckland, rents rose the most for homes on the North Shore and in Rodney, up 1.9% and 1.7% respectively, but were down 0.3% in the central city apartment market. Things were similar around Northland, with no movement in rents month-on-month, and a 1.7% increase year-on-year, settling at an average of $584.18 per week. In Bay of Plenty, where the company operates branches in Cherrywood, Mount Maunganui, Ōmokoroa and Waihi, the average weekly rent was $660.26 in August, moving less than a dollar compared to July, but up 3.8% on last year.

Anil Anna Property Management General Manager

Find out more at barfoot.co.nz/market-reports/2026/august/rental-market-update

Subscribe to our landlords’ newsletter, the Property Management Insider here

Summary

Auckland Region Rental August 2026

AUCKLAND AVERAGE TOTAL 1 2 3 4 5+ $475.62

$590.47

$702.86

$849.82

$1,038.73

2,057

5,330

7,396

4,005

1,197

CENTRAL AUCKLAND

CENTRAL AUCKLAND EAST

CENTRAL AUCKLAND WEST

$478.99

$480.22

$651.11

$595.54

$933.54

$746.75

$976.25

$1,113.33

EASTERN SUBURBS

$520.74

$478.33

$629.79

$630.69

$832.82

$787.14

$940.78

$991.76

$984.14

$1,172.45

$1,437.50

$1,246.66

Average $578.56

Average $729.58

Average $750.04

Average $754.81

-0.30%

0.90%

0.80%

0.70%

FRANKLIN/ MANUKAU RURAL

NORTH SHORE

PAKURANGA/ HOWICK

RODNEY

$412.16

$545.07

$427.50

$444.06

$507.73

$604.73

$580.51

$569.51

$600.32

$736.24

$696.27

$693.20

$704.00

$911.06

$831.66

$827.77

$868.63

$1,091.11

$1,020.57

$987.26

Average $621.55

Average $752.26

Average $757.00

Average $716.17

0.20%

1.90%

0.50%

1.70%

SOUTH AUCKLAND

Key:

Number of bedrooms

WEST AUCKLAND

$413.61

$468.78

$539.29

$563.40

$655.96

$651.38

$770.91

$776.89

$913.61

$931.27

Average $647.21

Average $649.32

1.30%

-0.20%

Rent received

Number of rentals

Year-on-year % change

Source: Barfoot & Thompson analysis of its tenancies as at end of the noted month and its sales over the last six months for three bedroom properties. Suburbs with less than four tenancies or four sales for three bedroom properties with Barfoot & Thompson are not included.

Market Facts and Figures AUCKLAND AVERAGE $702 p/w

Average Rent 3 Bedroom p/week

AUGUST 2026

PROPERTY MANAGEMENT by the numbers 22,165

4,807

enquiries

$1,007,439

Average Sale Price 3 Bedroom

2,810 applications processed

3.63%

viewings

588

properties rented

Average Average rent sale price per week (3 bdrm) (3 bdrm) $1,008,036 $703

Gross yield 3.63%

Central Auckland West Suburb Freemans Bay Grey Lynn Kingsland Mount Albert Point Chevalier Waterview

Average Average rent sale price per week (3 bdrm) (3 bdrm) $1,514,000 $1,083 $1,769,444 $901 $1,426,963 $735 $1,119,590 $701 $1,637,833 $827 $858,667 $704

Gross yield 3.72% 2.65% 2.68% 3.25% 2.63% 4.26%

Ellerslie Glen Innes Glendowie Kohimarama Meadowbank Mount Wellington Orakei Panmure Parnell Point England Remuera Saint Heliers Stonefields Wai O Taiki Bay Wai O Taiki Bay

Suburb Epsom Greenlane Hillsborough Mount Eden Mount Roskill New Windsor One Tree Hill Onehunga Royal Oak Sandringham Three Kings

Average Average rent sale price per week (3 bdrm) (3 bdrm) $1,227,750 $764 $971,815 $700 $1,682,333 $821 $1,949,556 $891 $1,451,667 $842 $865,876 $686 $1,737,857 $878 $1,094,938 $667 $1,693,654 $873 $861,571 $693 $1,871,951 $888 $1,815,609 $898 $1,401,250 $874 $1,436,667 $748 $1,498,750 $748

Gross yield 3.24% 3.75% 2.54% 2.38% 3.02% 4.12% 2.63% 3.17% 2.68% 4.18% 2.47% 2.57% 3.24% 2.71% 2.59%

Average Average rent sale price per week (3 bdrm) (3 bdrm) $1,504,523 $841 $1,060,235 $783 $1,111,864 $722 $1,584,150 $812 $996,483 $686 $1,100,875 $666 $1,095,000 $723 $1,164,164 $725 $1,158,769 $763 $1,405,000 $734 $1,009,250 $791

Gross yield 2.91% 3.84% 3.38% 2.67% 3.58% 3.15% 3.43% 3.24% 3.42% 2.72% 4.07%

Franklin/Manukau Rural Suburb

Eastern Suburbs Suburb

August 2026

Central Auckland East

Central Auckland

Auckland Central

shown through properties

Gross Yield

AUCKLAND REGION AVERAGES

Suburb

7,669

Awhitu Kingseat Paerata Pokeno Pukekohe Tuakau Waiuku

Average Average rent sale price per week (3 bdrm) (3 bdrm) $773,500 $515 $1,020,750 $785 $1,102,500 $523 $908,300 $676 $792,042 $601 $681,100 $579 $843,288 $580

Gross yield 3.46% 4.00% 2.47% 3.87% 3.95% 4.42% 3.58%

North Shore Suburb Albany Bayview Beach Haven Belmont Birkdale

Average Average rent sale price per week (3 bdrm) (3 bdrm) $1,238,636 $728 $923,100 $683 $912,885 $656 $1,253,600 $811 $905,031 $658

Gross yield 3.06% 3.84% 3.74% 3.36% 3.78%

Rodney (continued)

North Shore (continued) Suburb Birkenhead Browns Bay Castor Bay Devonport Forrest Hill Glenfield Greenhithe Hauraki Hillcrest Long Bay Mairangi Bay Milford Murrays Bay Northcote Northcote Point Northcross Oteha Pinehill Rothesay Bay Sunnynook Takapuna Torbay Totara Vale Unsworth Heights Windsor Park

Average Average rent sale price per week (3 bdrm) (3 bdrm) $1,088,377 $717 $1,235,455 $736 $1,004,500 $884 $1,707,500 $856 $1,214,000 $765 $969,253 $687 $1,359,750 $777 $1,481,800 $751 $1,084,333 $726 $1,164,000 $852 $1,445,167 $789 $1,162,500 $803 $1,796,862 $746 $1,206,667 $705 $1,930,720 $882 $1,148,333 $832 $748,800 $754 $1,248,000 $775 $1,100,000 $798 $1,172,000 $694 $2,063,000 $808 $1,088,490 $721 $965,399 $680 $992,167 $702 $1,022,000 $729

Gross yield 3.43% 3.10% 4.58% 2.61% 3.28% 3.68% 2.97% 2.63% 3.48% 3.80% 2.84% 3.59% 2.16% 3.04% 2.38% 3.77% 5.23% 3.23% 3.77% 3.08% 2.04% 3.44% 3.66% 3.68% 3.71%

Pakuranga/Howick Suburb Beachlands Botany Downs Bucklands Beach Burswood Farm Cove Flat Bush Half Moon Bay Highland Park Howick Mellons Bay Northpark Pakuranga Pakuranga Heights Sunnyhills

Average Average rent sale price per week (3 bdrm) (3 bdrm) $1,189,186 $732 $1,067,017 $706 $1,235,218 $704 $1,081,148 $698 $1,352,333 $695 $839,611 $704 $1,155,000 $702 $1,053,139 $678 $944,397 $688 $1,533,333 $757 $1,285,000 $731 $813,925 $670 $988,627 $655 $1,061,167 $681

Gross yield 3.20% 3.44% 2.96% 3.36% 2.67% 4.36% 3.16% 3.35% 3.79% 2.57% 2.96% 4.28% 3.44% 3.34%

Rodney Suburb Arkles Bay Gulf Harbour Helensville Huapai Manly Milldale Millwater Orewa Red Beach Silverdale

Average Average rent sale price per week (3 bdrm) (3 bdrm) $980,833 $698 $875,550 $700 $944,607 $614 $839,000 $738 $989,500 $711 $902,867 $765 $1,058,000 $760 $1,111,450 $704 $1,051,100 $699 $852,000 $672

Gross yield 3.70% 4.16% 3.38% 4.57% 3.74% 4.41% 3.73% 3.29% 3.46% 4.10%

Suburb Stanmore Bay Warkworth Wellsford

August 2026 Average Average rent sale price per week (3 bdrm) (3 bdrm) $859,971 $665 $994,595 $661 $698,600 $563

Gross yield 4.02% 3.46% 4.19%

South Auckland Suburb Clendon Park Clover Park Conifer Grove East Tamaki Favona Karaka Mangere Mangere Bridge Mangere East Manurewa Manurewa East Opaheke Otahuhu Otara Papakura Papatoetoe Randwick Park Rosehill Takanini Totara Heights Wattle Downs Weymouth Wiri

Average Average rent sale price per week (3 bdrm) (3 bdrm) $710,667 $644 $755,868 $645 $808,278 $603 $1,086,000 $731 $705,500 $644 $1,035,089 $684 $942,644 $647 $960,000 $691 $807,250 $677 $894,257 $634 $720,083 $636 $789,800 $660 $834,000 $644 $1,416,000 $640 $731,343 $639 $830,099 $670 $729,400 $627 $722,625 $647 $740,533 $673 $740,333 $709 $804,575 $677 $812,417 $655 $1,446,667 $662

Gross yield 4.71% 4.44% 3.88% 3.50% 4.75% 3.44% 3.57% 3.74% 4.36% 3.69% 4.59% 4.35% 4.02% 2.35% 4.55% 4.20% 4.47% 4.65% 4.73% 4.98% 4.38% 4.19% 2.38%

West Auckland Suburb Avondale Blockhouse Bay Glen Eden Glendene Green Bay Henderson Hobsonville Kelston Laingholm Massey New Lynn Ranui Sunnyvale Swanson Te Atatu Peninsula Te Atatu South Titirangi West Harbour Westgate

Average Average rent sale price per week (3 bdrm) (3 bdrm) $919,742 $676 $1,187,921 $676 $827,761 $631 $821,833 $625 $1,155,333 $665 $763,426 $631 $978,672 $740 $772,563 $634 $1,131,250 $615 $777,729 $631 $838,776 $639 $694,100 $612 $744,946 $643 $845,000 $674 $891,858 $662 $831,038 $655 $931,566 $672 $1,002,522 $676 $883,500 $711

Gross yield 3.82% 2.96% 3.96% 3.96% 2.99% 4.30% 3.93% 4.27% 2.83% 4.22% 3.96% 4.59% 4.49% 4.15% 3.86% 4.10% 3.75% 3.51% 4.18%

Source: Barfoot & Thompson analysis of its tenancies for the period noted and its sales over the last six months for three bedroom properties. Gross yield calculated using average sales price and average rental per week for three bedroom properties. Suburbs with less than four tenancies or four sales for three bedroom properties with Barfoot & Thompson are not included.

What kitchen updates should landlords consider for a good return on investment?

Top Tips

Property investors are always seeking to increase the return on their rentals. In between tenants, it is a good time to consider what updates or changes you might make to your kitchen that could increase the property’s value and what you can expect to charge per week. Each update or improvement will cost you money at the outset so you want to make sure that you can recoup those costs within a reasonable amount of time.

Remember we have more information and a range of tips and guides to help whether you are buying, selling or renting. Find out more about our Property Management Service here: barfoot.co.nz/landlords/ how-we-help-landlords

Why improvements may make sense now? Property prices in Auckland and Northland mean that first-time ownership is not realistic for most in the most coveted areas. People are renting for longer periods of time. The right upgrades can attract your ideal tenant for an extended lease period. This means that there is less turnover and cost to you to clean, repair and refresh the property between tenancies. Sensible enhancements can quickly pay for themselves. Paying special attention to the kitchen adds immediate appeal to your place.

Reconsidering the right benchtop While they are affordable - plastic laminate benchtops wear out from heavy use and overall are less attractive than other options. Landlords are often on a tight budget and looking for a quick fix to prepare it for the next person to move in. It can be tempting to consider covering them in tile to offer some durability. Is this easy to do? Is this a good idea? Yes, it can be done but there are serious challenges especially if you are considering this as a DIY project.

It's important to understand that a plastic top does not absorb any moisture whatsoever. If you use a water-based adhesive, the only way it will do the trick is if the water absorbs into the tiles. Epoxy adhesives can be tricky to work with for novices. Before you undertake this on your own, do thorough research on the internet for best practices or call in a professional. In lieu of trying a repair project, it may make more sense to tear them out and start from scratch with something more durable. The update will make your kitchen more eyecatching and modern. People are willing to pay more for a cool kitchen as that is where they spend a good amount of time preparing meals. This makes new countertops a really good investment not only because they will last longer but also because of the aesthetics that prospective tenants will find so appealing. Granite is a great idea that can add sophistication. However, the cost may put some landlords off. There are good fibre cement-based products that will provide a quality sleek surface at a much lower price point. Quartz can give the granite vibe and is a much cheaper option. Recycled benchtops keep rubbish from landfills and are reasonably priced. These are only slightly more expensive than laminate and is still cheaper than most stone selections.

Should you opt for appliances? It is not standard practice to include things like a refrigerator, washer, dryer or a microwave. For people new to the country, they are often willing to pay top-dollar for a place they can move right into. This does not mean you have to spend thousands on premium appliances, simple whiteware appliances will often suffice. There are many websites where you can find gently used items that are near new at a great savings. You can put a clause in the lease that minor repairs will be the tenant’s responsibility. Full mechanical failure though maybe something you will be responsible for. Units and homes with these things supplied often get snapped up quickly and for more rent than those without these features.

Look at what’s underfoot Selecting the right flooring can add value to your rental property from both an aesthetics and durability standpoint. Wood floors, while very classic may not be the best choice for high-traffic areas - especially since as the owner you may take special care of them but renters may not be as careful. Pets, high heels, spills, active kids or the wrong cleaners can bring about damage requiring refinishing. You are better off investing in tiles that will keep moisture away and is less likely to incur scratches. Period re-grouting, steam cleaning and resealing may be necessary over time. If you have a very smooth floor without dips or divots, laminate floor in lieu of wood flooring is a good option. Know that quality can vary greatly between products. In short, you get what you pay for.

Opt for laminate flooring with a lifetime warranty to ensure that it will last for years to come. Vinyl is affordable but sometimes tenants will balk at it if it looks or feels cheap or dated. If an area is prone to water leaks then vinyl is a solid solution and no sealing or grouting is needed. It will also work well on uneven surfaces.

Any of these improvements may increase the appeal of your property.

Not sure where to start?

Contact your property manager for advice specific to your place as to what will work for you and what could help you secure more rental revenue.

Looking for further assistance or advice? Contact one of our property managers

Auckland Suburbs

Market Data

The following pages show a summary of rental market data for suburbs across Auckland for the last six months, as sourced from the Ministry of Business, Innovation & Employment NZ - Tenancy Services for the period shown. Please do not hesitate to contact any of our Property Management team if you would like more information, we would be delighted to help you with your Real Estate needs. *The data shown on this page is sourced from the Ministry of Business, Innovation & Employment NZ - Tenancy Services for the period shown. Summary totals include averages for some types of property not shown. The market rent information comes from bond data. The results may not be a true indication of the rental market, as they only reflect properties where bonds have been lodged in the previous 6 months. More information is available at https://www.tenancy.govt.nz/ rent-bond-and-bills/market-rent/market-rent-explained.

Reproduction of market data is permitted under the terms of the Creative Commons Attribution 3.0 New Zealand License - https:// creativecommons.org/licenses/by/3.0/nz/. Every reasonable effort has been made to ensure the accuracy of the information in this report. Barfoot and Thompson Limited (REA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.

Market rent in Albany

Market rent in Auckland Central

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

1190 $530 $660 $800

14877 $400 $470 $570

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

153

$570

$650

$810

2292

$420

$480

$580

$540

$580

$668

173

$490

$585

$735

188

$680

$750

$790

$629

$818

$927

214

$780

$850

$937

$350

$680

$1,200

$930

$1,000

$1,200

$240

$700

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

143

$391

$493

$560

6361

$385

$442

$500

169

$560

$600

$680

4239

$465

$550

$640

$698

$800

$870

539

$483

$698

$865

Market rent in Avondale

Market rent in Birkdale

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

2418 $490 $600 $700

945

$530 $620 $685

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

274

$500

$610

$720

$560

$650

$700

352

$500

$580

$630

137

$505

$575

$600

893

$570

$650

$710

450

$560

$640

$685

281

$634

$765

$840

$650

$730

$800

$698

$860

$1,000

$740

$780

$950

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$470

$490

$505

$310

$400

$450

$470

$550

$598

$375

$485

$530

$520

$580

$652

$524

$543

$627

The data shown on this page is sourced from the Ministry of Business, Innovation & Employment NZ - Tenancy Services for the period shown. Summary totals include averages for some types of property not shown. The market rent information comes from bond data. The results may not be a true indication of the rental market, as they only reflect properties where bonds have been lodged in the previous 6 months. More information is available at https://www.tenancy.govt.nz/rent-bond-and-bills/market-rent/market-rent-explained. Reproduction of market data is permitted under the terms of the Creative Commons Attribution 3.0 New Zealand License - https://creativecommons.org/licenses/by/3.0/nz/. Every reasonable effort has been made to ensure the accuracy of the information in this report. Barfoot and Thompson Limited (REA2008) accepts no responsibility should the contents of this market report prove to be incomplete or incorrect.

Market rent in Birkenhead

Market rent in Blockhouse Bay

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

1028 $520 $630 $750

1381 $550 $650 $745

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

114

$550

$643

$757

169

$490

$650

$745

143

$530

$595

$650

157

$500

$573

$625

279

$620

$695

$770

576

$595

$650

$700

138

$713

$825

$948

214

$670

$780

$850

$796

$890

$1,096

$880

$1,045

$1,150

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$450

$485

$500

$430

$485

$515

$550

$600

$650

$515

$550

$586

$680

$740

$822

$650

$678

Market rent in Browns Bay

Market rent in Campbells Bay

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

1181

190

$560 $698 $820

$624 $817 $1,058

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

110

$560

$730

$850

$650

$770

$991

136

$500

$565

$625

$510

$600

$665

357

$630

$700

$780

$624

$745

$856

235

$730

$830

$900

$895

$1,100

$1,250

$805

$950

$1,150

$975

$1,175

$1,276

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$453

$490

$561

N/A

$540

$595

$710

$620

$625

$637

$710

$780

$850

N/A

Market rent in Castor Bay

Market rent in Chatswood

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

382

168

$595 $795 $1,000

$600 $790 $895

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

$500

$700

$980

$483

$850

$950

$550

$608

$673

$523

$580

$643

$680

$780

$950

$600

$720

$780

105

$833

$923

$1,155

$750

$850

$920

$950

$1,150

$1,362

$800

$890

$980

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$400

$465

$500

N/A

$420

$550

$595

N/A

Market rent in Devonport

Market rent in Eden Terrace

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

661

1264 $420 $550 $650

$496 $650 $850 HOUSE

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

$543

$718

$900

157

$400

$525

$670

$550

$650

$735

$576

$650

$698

127

$670

$800

$900

$691

$838

$900

$850

$1,000

$1,250

$819

$975

$1,100

$955

$1,155

$1,332

$925

$1,100

$1,300

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$401

$495

$550

334

$370

$460

$523

$550

$600

$690

388

$550

$600

$675

$875

$900

$961

$683

$720

$865

Market rent in Ellerslie

Market rent in Epsom

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

1626 $530 $640 $750

2686 $544 $680 $901

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

213

$520

$650

$750

257

$530

$683

$995

261

$550

$623

$678

252

$570

$630

$700

437

$650

$730

$795

445

$700

$800

$900

133

$780

$870

$982

378

$920

$1,050

$1,200

$850

$1,050

$1,250

157

$1,100

$1,290

$1,500

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$470

$550

$575

$423

$500

$560

118

$524

$565

$636

210

$570

$640

$700

$628

$650

$697

$660

$750

$830

Market rent in Forrest Hill

Market rent in Freemans Bay

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

1203 $600 $700 $820

754

$550 $695 $900

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

$650

$750

$892

$550

$690

$900

152

$521

$590

$638

$675

$775

$850

471

$644

$700

$765

116

$850

$998

$1,100

252

$750

$820

$890

$948

$1,255

$1,481

$895

$980

$1,100

$1,030

$1,260

$1,412

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$350

$415

$496

116

$415

$500

$622

$435

$550

$613

181

$585

$670

$750

$610

$650

$750

$720

$853

$1,137

Market rent in Glen Innes

Market rent in Glendowie

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

1348 $123 $260 $650

505

$595 $775 $979

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

$560

$695

$791

$799

$950

$1,200

314

$90

$134

$299

$563

$605

$712

584

$134

$258

$670

187

$695

$780

$875

167

$152

$317

$827

103

$850

$1,000

$1,150

$126

$226

$509

$1,100

$1,250

$1,500

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$530

$550

$650

$388

$445

$500

$598

$630

$647

$504

$550

$585

$386

$520

$610

$498

$675

$852

Market rent in Glenfield

Market rent in Grafton

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

2058 $540 $630 $700

2007 $400 $472 $600

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

168

$530

$650

$720

388

$295

$383

$550

341

$515

$580

$625

$605

$650

$700

840

$595

$650

$700

$720

$845

$950

284

$670

$750

$835

$786

$880

$983

$750

$850

$947

$1,075

$1,300

$2,000

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$413

$450

$505

361

$385

$435

$520

$500

$560

$597

359

$500

$585

$685

$620

$650

$700

$575

$750

$820

Market rent in Greenhithe

Market rent in Greenlane

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

542

879

$599 $780 $950

$581 $740 $900

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

$500

$800

$1,040

$650

$850

$1,077

$535

$600

$650

$558

$613

$695

101

$610

$723

$800

258

$683

$770

$843

161

$780

$875

$950

141

$850

$995

$1,100

$945

$1,100

$1,225

$1,050

$1,200

$1,396

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$450

$475

$500

$360

$395

$490

$560

$568

$595

$550

$595

$620

N/A

$645

$665

$710

Market rent in Grey Lynn

Market rent in Henderson

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

2035 $530 $697 $880

3754 $500 $600 $680

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

245

$545

$650

$795

497

$450

$585

$660

183

$655

$725

$800

476

$481

$550

$590

364

$750

$850

$990

1624

$535

$600

$660

192

$825

$965

$1,150

577

$630

$710

$795

$1,048

$1,250

$1,372

134

$753

$850

$947

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

254

$510

$570

$617

$370

$450

$495

231

$668

$733

$805

$490

$520

$570

$734

$850

$1,100

$475

$560

$595

Market rent in Herne Bay

Market rent in Hillcrest

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

553

1151

$530 $650 $910

$530 $630 $750

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

$570

$700

$990

111

$580

$680

$780

$630

$745

$840

169

$540

$580

$620

$885

$1,000

$1,350

347

$620

$680

$750

$995

$1,400

$1,850

173

$710

$800

$895

$1,235

$1,300

$1,535

$820

$920

$992

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$495

$560

$635

$308

$388

$478

$579

$650

$752

138

$450

$503

$566

$776

$1,023

$1,575

$516

$560

$622

Market rent in Hillsborough

Market rent in Kohimarama

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

746

446

$530 $670 $798

$590 $778 $995

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

$508

$700

$875

$550

$700

$950

$505

$575

$630

$600

$670

$737

227

$600

$695

$750

$850

$975

142

$691

$800

$900

$950

$1,050

$1,290

$796

$900

$1,100

$1,050

$1,250

$1,450

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$313

$385

$462

$500

$525

$555

$405

$540

$635

$640

$750

$870

$520

$625

$1,063

$1,150

$1,312

Market rent in Mairangi Bay

Market rent in Mangere Bridge

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

472

926

$620 $770 $943

$480 $640 $720

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

$675

$850

$950

189

$450

$630

$700

$570

$615

$680

124

$510

$598

$650

112

$648

$750

$795

332

$590

$680

$726

142

$800

$900

$1,000

118

$593

$750

$847

$880

$995

$1,200

$583

$850

$1,037

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$395

$450

$480

$128

$363

$421

$503

$550

$630

$320

$460

$560

N/A

$398

$430

$585

Market rent in Massey

Market rent in Meadowbank

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

2591 $530 $605 $690

607

$495 $600 $760

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

280

$550

$625

$680

$500

$598

$720

304

$495

$570

$600

$550

$600

$650

1284

$530

$600

$660

124

$695

$780

$840

420

$620

$720

$780

$880

$983

$1,150

112

$735

$830

$920

$961

$1,170

$1,250

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$450

$470

$475

$320

$400

$460

$495

$513

$545

121

$460

$530

$580

$630

$635

$677

$440

$600

$650

Market rent in Milford

Market rent in Mission Bay

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

1070 $580 $690 $850

664

$520 $690 $895

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

$600

$740

$927

$535

$670

$900

205

$575

$630

$695

$550

$653

$752

269

$690

$780

$872

125

$750

$850

$992

149

$800

$925

$1,000

$860

$1,100

$1,347

$856

$1,000

$1,198

$1,200

$1,400

$1,700

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$350

$450

$500

$450

$500

$597

164

$500

$580

$620

100

$600

$680

$800

$595

$700

$790

$721

$798

$887

Market rent in Mt Albert

Market rent in Mt Eden

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

2577 $490 $600 $720

3987 $450 $570 $750

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

307

$508

$610

$750

410

$465

$573

$746

325

$530

$600

$650

337

$538

$613

$690

520

$620

$720

$800

543

$670

$780

$875

210

$730

$850

$950

348

$868

$999

$1,150

$865

$995

$1,200

113

$1,000

$1,250

$1,383

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

112

$450

$555

$655

428

$410

$460

$517

240

$525

$610

$650

419

$550

$600

$695

$630

$680

$740

$650

$700

$787

Market rent in Mt Wellington

Market rent in Murrays Bay

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

4205 $500 $600 $690

358

$600 $760 $920

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

610

$499

$600

$685

$595

$850

$975

580

$500

$550

$620

$518

$570

$625

1092

$580

$650

$720

109

$680

$730

$800

344

$698

$790

$870

$800

$900

$1,025

$720

$880

$1,000

$860

$1,023

$1,250

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

250

$496

$610

$648

$260

$360

$495

346

$520

$580

$750

$420

$480

$525

$560

$650

$715

N/A

Market rent in New Lynn

Market rent in Newmarket

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

2841 $450 $560 $650

454

$490 $600 $720

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

356

$438

$580

$660

$551

$595

$628

448

$480

$540

$590

$635

$700

936

$550

$620

$675

$705

$785

$985

246

$625

$700

$778

N/A

$728

$885

$978

N/A

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

123

$350

$395

$440

114

$420

$465

$510

154

$495

$520

$560

105

$580

$608

$650

$481

$570

$612

$748

$775

$802

Market rent in Northcote

Market rent in Northcote Point

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

978

229

$505 $635 $750

$550 $695 $880

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

109

$520

$640

$770

$620

$850

$920

120

$503

$595

$650

$550

$630

$700

270

$600

$680

$750

$684

$798

$872

148

$700

$850

$950

$880

$920

$1,150

$785

$925

$1,083

$1,000

$1,100

$1,200

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$500

$520

$590

$320

$355

$430

$555

$620

$640

$428

$525

$567

$595

$695

$750

N/A

Market rent in One Tree Hill

Market rent in Onehunga

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

608

2460 $490 $595 $695

$540 $620 $750 HOUSE

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

$545

$680

$792

312

$493

$590

$680

102

$550

$600

$650

435

$520

$580

$620

170

$658

$750

$795

563

$610

$695

$770

$800

$880

$927

182

$720

$799

$880

$825

$995

$1,045

$876

$1,025

$1,235

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$353

$400

$450

$480

$525

$571

127

$460

$530

$580

233

$540

$590

$650

$489

$575

$641

$590

$620

$650

Market rent in Orakei

Market rent in Panmure

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

494

1539 $127 $350 $600

$590 $763 $1,053 HOUSE

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

$643

$780

$1,037

$470

$620

$700

$500

$640

$722

263

$102

$220

$550

145

$680

$780

$921

573

$135

$280

$650

$950

$1,100

$1,250

145

$185

$678

$805

$1,100

$1,300

$1,600

$156

$286

$358

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$430

$490

$374

$440

$598

$693

$896

$134

$510

$592

$714

$893

$1,212

$248

$368

$620

Market rent in Parnell

Market rent in Pinehill

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

1549 $535 $700 $850

421

$570 $750 $950

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

154

$550

$700

$937

$550

$800

$900

116

$655

$725

$780

$529

$560

$603

295

$750

$865

$990

$630

$685

$750

$906

$1,100

$1,300

105

$770

$875

$950

$850

$1,200

$1,500

$950

$1,050

$1,250

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

235

$460

$520

$575

$408

$433

$446

257

$636

$700

$795

$450

$500

$585

$726

$800

$900

N/A

Market rent in Point Chevalier

Market rent in Point England

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

698

1261 $88

$545 $720 $889 HOUSE

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

$126 $266

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

$555

$795

$920

$190

$565

$630

108

$568

$650

$750

211

$91

$115

$212

244

$699

$790

$896

377

$105

$185

$500

$850

$1,050

$1,200

$162

$560

$750

$923

$1,015

$1,175

$138

$262

$867

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$403

$455

$523

$83

$88

$103

$458

$548

$626

103

$95

$129

$179

$550

$595

$700

$163

$266

$567

Market rent in Ponsonby

Market rent in Remuera

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

632

2856 $595 $780 $995

$595 $850 $1,084 HOUSE

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

$590

$775

$1,125

295

$598

$840

$1,100

$650

$750

$870

273

$588

$660

$752

194

$888

$975

$1,100

739

$750

$850

$950

$1,005

$1,150

$1,347

473

$880

$1,035

$1,250

$1,033

$1,275

$1,550

160

$1,150

$1,325

$1,550

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$480

$525

$593

$457

$500

$650

$591

$695

$807

203

$580

$650

$775

$805

$850

$887

$738

$900

$1,100

Market rent in Rothesay Bay

Market rent in Royal Oak

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

284

737

$600 $750 $884

$495 $620 $780

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

$675

$800

$935

$575

$650

$777

$500

$590

$676

$510

$580

$620

$650

$750

$830

160

$650

$730

$795

$785

$850

$1,000

$818

$895

$982

$900

$950

$1,150

$984

$1,100

$1,272

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$390

$420

$500

$393

$405

$451

$495

$600

$650

$520

$560

$600

N/A

$650

$670

$730

Market rent in Sandringham

Market rent in St Heliers

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

1688 $490 $575 $713

1130 $550 $720 $920

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

181

$500

$570

$685

$610

$850

$950

198

$520

$570

$610

130

$594

$655

$746

358

$620

$700

$795

281

$720

$820

$920

172

$750

$875

$975

178

$850

$1,000

$1,250

$858

$1,098

$1,200

$1,010

$1,250

$1,660

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$420

$450

$492

$450

$503

$557

163

$500

$550

$580

$550

$650

$750

$580

$650

$750

$813

$950

$1,050

Market rent in St Johns

Market rent in St Marys Bay

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

966

268

$450 $575 $750

$500 $670 $950

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

$430

$540

$650

$435

$630

$750

$500

$570

$630

$705

$798

$898

220

$625

$710

$800

$869

$950

$1,162

102

$800

$885

$995

$1,475

$1,575

$2,050

$920

$1,100

$1,226

$1,509

$1,768

$1,825

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$400

$450

$490

$450

$498

$550

$465

$515

$580

$590

$695

$850

$628

$650

$697

N/A

Market rent in Sunnynook

Market rent in Takapuna

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

673

1291 $580 $673 $856

$600 $680 $750 HOUSE

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

$610

$700

$850

112

$588

$680

$907

$539

$580

$612

182

$585

$635

$687

368

$620

$680

$730

203

$668

$795

$900

101

$730

$790

$890

123

$835

$1,000

$1,200

$728

$913

$980

$1,300

$1,800

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

N/A

142

$500

$560

$610

$478

$575

$605

231

$630

$700

$850

$505

$590

$600

$738

$963

$1,160

Market rent in Te Atatu Peninsula

Market rent in Te Atatu South

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

1544 $540 $610 $690

1904 $510 $590 $670

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

249

$520

$595

$665

306

$530

$575

$650

328

$530

$580

$610

331

$480

$550

$590

607

$570

$650

$690

745

$550

$620

$665

165

$640

$750

$850

231

$650

$725

$790

$806

$930

$1,000

$720

$800

$890

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$425

$510

$550

$260

$320

$420

$550

$595

$625

123

$348

$470

$526

$603

$650

$700

$450

$550

$643

Market rent in Three Kings

Market rent in Torbay

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

378

1197

$520 $650 $750

$560 $690 $800

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

$506

$680

$750

$490

$678

$830

$600

$650

$670

125

$500

$560

$600

101

$620

$695

$750

450

$600

$690

$750

$745

$850

$940

273

$750

$820

$890

$903

$1,100

$1,200

$850

$950

$1,050

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$475

$495

$580

$344

$415

$461

$590

$650

$715

$454

$510

$571

N/A

$538

$635

$650

Market rent in Unsworth Heights

Market rent in Wai O Taiki Bay

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

650

229

$520 $660 $750

$126 $500 $760

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

$500

$675

$780

$570

$640

$870

$529

$580

$621

$93

$149

$520

272

$625

$680

$730

$124

$540

$725

134

$720

$800

$850

$282

$840

$913

$823

$860

$947

$238

$310

$997

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$395

$440

$483

N/A

$475

$525

$595

N/A

Market rent in Westmere

Market rent in Windsor Park

6 Months ending 31/07/2026

BONDS LOWER MEDIAN UPPER

355

253

$725 $875 $1,100

$600 $720 $850

HOUSE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

UPPER BONDS LOWER MEDIAN QUARTILE RECEIVED QUARTILE RENT

SIZE

$868

$930

$1,475

$750

$820

$1,020

$695

$750

$875

$510

$560

$635

155

$795

$900

$1,100

101

$615

$700

$782

$873

$989

$1,318

$720

$850

$920

N/A

$860

$1,030

$1,115

APARTMENT/FLAT

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

BONDS LOWER MEDIAN UPPER RECEIVED QUARTILE RENT QUARTILE

SIZE

$510

$560

$585

N/A

$663

$738

$783

$503

$600

$736

N/A

How We Help Landlords?

Top Tips

As an investor, you want to know your rental property is in safe hands. That's where Barfoot & Thompson comes in. Remember we have more information and a range of videos to help whether you are buying, selling or renting. Find out more about our Property Management Service here: barfoot.co.nz/landlords/ how-we-help-landlords

“The industry is dynamic and it is evolving. Our average tenancy is now almost two years, and changes in legislation mean that poor management can not only affect your revenue, it can affect people’s lives. With our knowledge of both the industry and the rental market in Auckland, Northland and the Bay of Plenty, we are committed to providing a consistent and reliable service to investors and the people renting our properties.” Anil Anna, General Manager — Property Management, Barfoot & Thompson

Stress-free property management Owning a rental property can provide outstanding returns over time, but can also be a time consuming and stressful business. From screening tenants, to negotiating rent increases and getting calls about blocked sinks, you know what a hassle it can be. But when you leave the hassle to someone else, you want to be confident that your property is being well looked after. Our team of dedicated property managers removes the stress of maintaining your investment. We’ll find the right tenants, collect and review rent, arrange maintenance and more — all for a very competitive agreed rate. Managing over 21,000 properties across Auckland, Northland and the Bay of Plenty, we have our finger on the pulse of the latest rental rates and access to quality tenants. By choosing a company awarded Best Lettings/ Rentals Agency Asia Pacific 2025, you can be sure your property is in safe hands.

Our services The best thing we offer is peace of mind, but we have a range of other great services too! Whether you have a single rental property or a full investment portfolio, Barfoot & Thompson Property Management has a service to suit your needs. We also offer body corporate and commercial property management services for your investment.

Full property management service If you’d like us to take all of the stress off your hands, go for our full property management service. This includes: •

•

• •

• • •

An online marketing campaign for your property, including free listing on barfoot. co.nz, realestate.co.nz, trademe.co.nz/ property, oneroof.co.nz. homes.co.nz and hougarden.com. Automated booking system for prospective tenants to streamline the viewing of your property and 24/7 response to inquiries. Credit and reference checks. Interviewing and rigorous screening of suitable prospective tenants and completion of residential tenancy agreement. Bond lodgement with the Bond Centre. Income collection and reporting. Thorough inspections of your property, including an initial inspection with your new tenant, regular follow up inspections at a pre‑arranged frequency, and a final inspection before the tenant moves out.

•

• • • • • •

Arrangement of property repairs and maintenance, including advice and assistance on the best way to rectify any damages, deal with tenants, and approach the Tenancy Tribunal if required. Access to vetted professional tradespeople. Advice on current market conditions and rental rates as well as regular rent reviews. Guidance around changes in legislation to ensure your property meets the required standard. Dispute resolution on your behalf. Access to the latest technology (such as our trust account management system) to ensure your money is safe at all times. Landlord and tenant portals.

Why choose us? Why use a property manager? Apart from the time and hassle it takes to find tenants and arrange repairs and maintenance, there’s a lot of legislation to understand and processes to follow - especially if a dispute with tenants arises. By using a property manager, you can be sure that an expert is looking after your investment - so when issues arise they are managed quickly and effectively.

Why choose Barfoot & Thompson?

The right tenants, the right rent

As an investor, you want to know your rental property is in safe hands. You have the strength of upper North Island’s largest and most trusted real estate company behind you and peace of mind that property management experts are protecting your investment.

Our wide-reaching network, rigorous selection process and market knowledge ensures you’ll get the right tenant and be paid the right rent for your property. We conduct regular rent reviews, so you’ll see an increase in rent to match any changes in the market. And with our large tenant portfolio, we’ll do our best to ensure your property is always occupied.

The power of Barfoot & Thompson Barfoot & Thompson is New Zealand’s largest privately‑owned real estate company — still run by the Barfoot and Thompson families after more than 100 years. We manage over 21,000 rental properties and with dedicated property managers in over 63 branches, we have the experience and scale to help you.

Knowledge, experience and service We have rigorous and compulsory training for all staff, as well as an in-house legal advisor at the ready. We know the property market inside-out, including the intricate legislation and legalities behind property investment. We provide you with the highest quality advice so you understand the obligations, responsibilities and rights for you as a landlord and for your tenants.

You can trust that your money is in good hands Handling of your rental funds is managed through our Support Centre accounting department. Unlike many other property management companies, all money collected on your behalf is held in an audited trust account so you know where it is at any time.

Branch-based managers means local knowledge and help when you need it Since our property management teams are based in over 63 branches across Auckland, Northland and the Bay of Plenty, they understand your local market and have access to a wide portfolio of tenants. This branch‑based structure means they are often close to your property and can promptly deal with any issues that may arise. Each of our branches is structured in a way that enables us to provide the best service for our clients and with our unique ‘relieving management team’ you can be assured that your biggest asset is never left unattended.

We work hard for you From the very beginning, we work hard to ensure your investment is well looked after. Here’s an overview of what you can expect when you choose to work with our expert team. Initial consultation. We identify the management service that meets your needs and we will help you complete all the paperwork needed. Account activation. We set up your account in our management system. This includes all the details for your property. All future quotes, repairs, maintenance and information associated with your property will be linked to this account and can be sent to you easily whenever you require it. Compliance. We will work with you to ensure that your property meets tenancy law requirements, including the healthy homes regulations, smoke alarms, and insulation. We can arrange any work required through our network of approved contractors. Marketing. We organise all the marketing for your property (in line with your agreed marketing strategy and budget). This can include advertising copy, signboards and photography. Finding tenants. To locate quality tenants, we organise online advertisements on: barfoot. co.nz, realestate.co.nz, trademe.co.nz/property, oneroof.co.nz, homes.co.nz and hougarden.com Property viewings. We conduct viewings of your property by appointment on your behalf. Our Book-A-Viewing system helps us manage these efficiently for you. Ask us for more information and feedback received after the viewings. Tenant applications. We know that the success of your investment lies in finding you a quality tenant. We thoroughly check every tenant that applies to rent your property in alignment with the Privacy Act 2020. This includes looking at: • confirmation of employment • past rental history • background and credit checks • tenancy tribunal checks • personal and previous landlord reference checks

select the most suitable tenant for your property. Everyone is different and you may or may not want to be involved in this part of the process; the decision is yours. Notification. Once an appropriate tenant has been selected, we promptly notify them of the decision to avoid losing them to another rental property. Preparation. We organise all relevant tenancy paperwork, collect initial move in costs (rent in advance and bond) and arrange for lodgement of the bond with the Bond Centre. If your property is vacant or a tenant is vacating, we arrange cleaning if required. The state of the property and all chattels is documented and we arrange any necessary maintenance. Pre-inspection. We complete a full inspection of your property, including obtaining water readings and body corporate information (if applicable). Hand over. Once a full inspection is completed and recorded, we meet and hand over keys to your new tenant on commencement date. Receiving rent and bond payments. Unlike many property management companies, we collect rental funds from your tenants and hold them in an audited trust account, so you know where your money is at any time. Inspections and maintenance are booked in at regular intervals.

Approval. Once we’ve screened our shortlisted applicants, we present these applications to you so that you can make an informed decision and Find out more about what a property manager can do for you, visit barfoot. co.nz/howwehelp

FAQs

From the very beginning, we work hard to ensure your investment is well looked after. Here’s an overview of what you can expect when you choose to work with our expert team.

How much will your service cost me? Barfoot & Thompson charges a fee of 8.5 percent + GST (9.5 percent + GST if the property is furnished) of rent collected and any repairs, maintenance, and renovations carried out, or invoices paid on your behalf. These costs may be tax‑deductible.

How often will you pay me? We pay you monthly or twice a month, whichever you prefer, by directly crediting funds into your account. A comprehensive monthly statement detailing funds collected and disbursed on your behalf can be posted or emailed to you anywhere in the world. Invoice copies of accounts paid are included. We also have a Landlord portal for inspections and statements.

Do you collect a bond? Yes. The Residential Tenancies Act requires that no more than four weeks bond be collected. Unless otherwise agreed, Barfoot & Thompson considers two weeks to be the minimum that should be paid. The bond is paid before the tenant takes possession and held by the Bond Centre until the tenant vacates.

Will my property have a rent increase? We will remind you when a standard rent review is due (every 12 months) and recommend whether a rent increase is justified in line with market rent. We take care of sending out the relevant notices to ensure the rent increase takes effect according to the legal timeframe.

Does Barfoot & Thompson guarantee me for any loss of rent? No. But there are insurance companies that might be able to assist.

What if my tenant doesn’t pay the rent? Barfoot & Thompson rent collection is computer monitored, enabling us to act very quickly when a rental payment is missed. The debt recovery process commences immediately. While we take every possible action to resolve the matter, in some cases it may be necessary to take the tenant through

the mediation process or to the Tenancy Tribunal. If this is the case, you will not be charged for our time.

I will be moving overseas - can you handle all repairs? Yes. Our property managers use a range of contractors who are highly skilled, competitively priced and quick to respond to our calls. If you have a preference for any particular tradesperson we would be pleased to accommodate this. We vet them all for insurances. Legally, if you are overseas for 21 days or more, you are required to appoint someone to manage your property.

How often will you inspect my property? Inspections are carried out on a regular basis. The frequency should be discussed with your property manager at the commencement of the management. Be sure to check what your insurance policy states as well, as they do generally have a set frequency. Pass this onto your property manager and we will set it at what is required. If no set frequency is required, we will inspect your property a minimum of twice a year.

Can you help with an appraisal if I want to sell my property? Your property manager can arrange with any of our experienced sales staff to have the property appraised and then listed for sale. This can be a very delicate situation and it is important that it’s handled professionally and efficiently. It is our job to ensure you and your tenants’ interests are protected. Your property manager will be happy to walk you through the process at any time.

Do you offer a Body Corporate service? Yes, we offer full body corporate services. Ask our property managers for more details.

Do you offer commercial property management services? Yes, we offer comprehensive property management services for commercial investments. Ask our property managers for more details.

Meet the Team

I enjoy my job with a passion and am extremely proud to manage the Browns Bay team. It is a career choice that I take very seriously and am always mindful that good business today can lead to many further opportunities tomorrow. I am determined to deliver excellent client service and the Browns Bay team share this aim. I have been able to integrate the variety of experiences and skills gained from my previous roles within the Health Service and retail sales in the UK to my role within Barfoot & Thompson. Since being appointed branch manager in 2007, I have developed my multinational team of real estate to focus on top quality service.

Darren James Branch Manager 027 485 4446

I am a firm believer in having a healthy working culture in the office. Despite this being a sales focused industry, my team have the freedom to develop their individual talents within a competitive framework to fully meet the needs of all clients. Please feel free to contact me. I will always make myself available for personal assistance.

Property Management team

Nikki Gallichan Head of Property Management 027 436 0874

Amanda Chue Senior Property Manager 027 836 4913

Anna Gibbons Senior Property Manager 027 431 9461

Vivienne Shen Property Manager 027 628 7919

Residential Sales team

Wendy Smit Sales Manager

Coy Zhao Assistant Manager

Sarah Benbow 021 908 004

Clinton Bowker 021 204 9762

Hanna Cao 021 778 867

Alan Chen 021 069 7689

Bren Duckworth 021 046 4496

Chris Ediker 022 395 0408

Bruce England 021 975 260

Flora Feng 021 286 6625

Helen Fu 021 179 1037

Sophie Gao 021 678 291

Misty Goodgame 021 035 4985

Winnie Han 021 918 337

Felicia Healiss 021 288 8242

James Ji 021 937 667

Jennifer Jiang 027 603 7788

Andrea Kent 027 246 4004

Celeste Kent 021 269 6976

Frank Li 021 036 8990

Lili Ma 022 301 0068

Colin & Raelene McMurtrie 027 641 2863

Jake Morgan 021 447 534

Eva Ng 021 276 8722

Jessica Noh 021 2211 004

Pav Obradovic 021 931 339

Neil O’Gorman 022 437 8747

Rita Oliver 021 116 6377

Nicole Penny 021 150 0569

Isobel Pope 0274 476 235

Residential Sales team continued

Simon Qiao 022 301 0018

Bob Qin 027 204 0022

Stephen Reed 022 037 4919

Mia Shi 027 666 5548

Vic Singh 021 189 3951

Jeanette Skewes 027 499 8804

Steven Su 022 573 2219

Bob Voss 027 425 1781

Sherry Wang 021 658 081

Wilson Wang 022 322 6039

Leo Xing 021 183 6836

Alina Yang 021 608 219

Yin Yin 022 047 9978

Annie YongMewburn 0210 240 8633

Hugo Yu 021 024 68345

Geraldine Zareian 021 184 0312

Mehran Zareian 021 023 02469

Milu Zhao 021 297 6030

Lisa Zheng 021 877 067

Becky Zhu 021 075 9200

David Zhu 021 898 355

Kiny Zhu 022 546 1995

Browns Bay

AKTPM8

Barfoot & Thompson

Browns Bay

35 Clyde Road, Browns Bay, Auckland 0630 Property Management 09 478 6195 Residential Sales 09 478 5119 Email browns.rental@barfoot.co.nz

barfoot.co.nz/browns-bay