Over 33% of all New Zealanders, 1.42M of us to be exact, call Auckland home. Approximately 90 per cent of Auckland’s population lives in the urban area, which accounts for approximately 10 per cent of the total land mass of Auckland.
Auckland has the lowest rates of home ownership and the highest proportion of rental tenancies in the country. 35% of all New Zealand tenancies are in Auckland.
Auckland is less affordable than anywhere else in New Zealand. Renting in Auckland is also less affordable than in any other region.
myRent provides an affordable solution to landlords to manage their Auckland property and a cost effective way to find tenants. Simplified, flexible, intuitive property management for $10 / month and Auckland property advertising on myRent, Trade Me, Facebook, OneRoof, Homes.co.nz and realestate.co.nz for a one-off fee of $75.
What does the average renter in Auckland looks like?
43 Years Old
Number of renters in each age category
50% tenants are born overseas
Median renters household income
Renters sources of income
Wages – 68%
Self-employed – 12%
Welfare benefits – 12%
Interest / dividends – 7%
Accommodation Supplement – 7%
Superannuation – 4%
Pension annuities – 3%
Rent – 2%
ACC – 1%
Other – 6%
74% drive to work and it takes on average 25 mins
Median household size
58% tenants are married or de facto
43.7% of Auckland children under 15 now live in rental accommodation
Number of bedrooms preference
Number of cars per household
Number of renters who have access to internet
Number of renters who have access to mobile phone
Average rent in Auckland is $550
Apartment - $500
Townhouses - $630
Units - $450
1-2 Bed Place - $450
3-4 Bed Place - $600
5- Bed Place - $850
Most common tenure
1 year fixed term agreement
46% tenants had moved in the last two years
Main reason tenants move
Tenant's biggest concern
Top 3 things tenants would like to improve in their current property
Tenants and Discrimnation
Almost a quarter of Auckland tenants thought they had been unfairly turned down when applying to rent a property
Relationship with landlord
A good relationship with the landlord was highly valued and a majority of tenants preferred dealing directly with a landlord than through a property manager
To see how myRent can help you with rental property management in Auckland and to make your property advert seen by more potential tenants, follow the link below.
Sources of stats: Auckland Council. (2014) Auckland Profile - Initial results from the 2013 Census. Auckland Population (2017). Property.trademe.co.nz. (2017). Tenants under pressure amidst record-breaking rents Statistics New Zealand. (2013). Profile and summary reports . The New Zealand Rental Sector, Report ER22. (2017). Auckland: SHORE & Whariki Research Centre, College of Health Massey University.