The surprise Auckland area where rents are declining Newshub 13 hrs ago Matt Burrows
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Auckland rents continue to climb - but central Auckland is bucking the trend.
New data from Barfoot and Thompson, gleaned from the 16,500 rental properties the company manages, shows the average weekly rent in the region is now $605 - up 2.9 percent on the previous year.
Every area in Auckland bar one has experienced a year-on-year increase - led by south Auckland, where average rents rose by 4.8 percent to $554, and west Auckland, where rents are now up 4.2 percent on the same time in 2020 to $560.
Rodney rents increased 4.1 percent compared to last June, while Franklin/Manukau Rural rose by 3.3 percent, Eastern Suburbs by 3.2 percent, Central Suburbs by 2.9 percent and Pakuranga/Howick by 2.7 percent.
Here s where Auckland rents are rising fastest
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Revealed: Where Auckland rents are rising fastest
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