Auckland Property Market Research July 2018

Suburb Review – South Auckland  - Average rents across South Auckland remain below the average for the greater Auckland region (Pukekohe to Rodney). Over the past 12 months, South Auckland 3-bedroom rentals had an average weekly rental price of $517. ....In the past year there has been a notable plateau in median sales prices across the South Auckland region. Manurewa (-4%), Eastern Beaches (-2%), Papatoetoe (-1%) have all suffered decreases in the average sales price in the past 12 months, which suggests that Auckland’s house prices are perhaps starting to stabilise. Eastern Beaches properties still remain well above other suburbs with an average sales price of 1,055k.

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