Rents have increased across Auckland

Rents have increased across Auckland. Market rent is a useful guide for landlords when they’re deciding what the rent will be.

This week we take a look at Auckland – Parnell.

The Honorable Sir John Key owns a house in Parnell. Parnell is considered an up market suburb and is becoming trendy again.

There are 2 main types of properties in Parnell – apartments and houses. Apartments generally rent for cheaper because they are smaller and have no backyard when compared to a house.

Apartments for rent are mainly 1 bedroom apartments and 2 bedroom apartments and the rent can be as low as $437 per week for 1-bedroom to as high as $888 per week for 3-bedroom.

Houses start at $577 per week for 2 bedroom houses and can be as expensive at $1400 per week for a 4 bedroom house.

 

The median rent is the number to look at. For a typical 3 bedroom house, the  median rent is $825 per week. This is what you can expect to pay if you rent a 3 bedroom house in Parnell.

 

 

 

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