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City Bay a riser while Devonport sinks

Thursday 18th of August 2011

The figures are revealed in the latest Crockers Auckland rental price table.

While nationwide in the year to July the average median weekly rents for  one, two, three and four-bedroom properties rose 2% (one and two bedrooms), 3% (three bedrooms) and 5% (four bedrooms), across the Auckland region there were some large variations across suburbs and property sizes.

The largest rise was seen in the one-bedroom market in Glen Innes/Panmure/ Mount Wellington, where the average median weekly rent rose 28% from $200 to $255.

The largest one-bedroom fall was recorded in City Bays, down 7% from $320 to $297.

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