Auckland has never been known for its affordability or low cost of living. For young families or professionals who want the networking potential, higher wages, great opportunities and the benefits of working in the city, striking a balance between affordability and convenience is everything.
With the high cost of buying a first home, many are choosing to stay in the rental market later into life. Looking over the rental rates, commute times and amenities of different Auckland suburbs is the best way to figure out where you want to base yourself affordably.
The variation in median rental prices for a 2 bedroom house between the different central suburbs can be quite substantial. Weekly costs range from 305 NZD further south in Otahuhu, to 535 NZD looking out over Hobson Bay in Parnell.
Considering location and cost, some of the best suburbs to consider for easy central access would be Mt. Albert or Mt. Roskill where the median price is 360 NZD per week. The popularity of Mt. Eden has seen prices shoot up to the 450 per week mark, but some properties are available for rent in the low 300s if you are willing to dig a little deeper around the area.
West of New Windsor, the median weekly price of a 2 bedroom home does drop significantly.
New Lynn’s average price of 320 NZD per week is substantially lower than most of the suburbs in Auckland Central, and is still only a twenty minute drive from the CBD. Further west the prices drop a little more with Glen Eden’s median around the 300 NZD per week mark.
Perhaps some of the best deals in terms of space and price for houses for rent in Auckland can be found in Manukau and Papakura, twenty five minutes out of the city. For a young family who needs the extra space, looking to save some money on living expenses, there are definite benefits to making the move south.
Manurewa and Papakura’s median 2 bedroom rental price is 300 NZD per week, but both offer larger sections with more space for what you pay for. If you can handle the drive or train to work or you don’t have to commute every day of the week, the suburbs further south offer some definite benefits.
Local amenities mean that you hardly need to travel into the CBD anyway – the area is well catered for and both Papakura and Manukau have their own town centres, malls and supermarkets.
Look around, do your research and you’ll be prepared to make a smart choice for where to live in Auckland.
Ray White Papakura have a range of houses, land and farms for sale in Papakura in the southern Auckland region of New Zealand along with areas such as Clevedon in the east and Waiuku in the west.
They also offer property management services for both tenants and landlords, so if you have a house for rent in Auckland contact the property management team at Ray White Papakura.
If there’s anything we can help with in terms of real estate in Auckland, please contact the real estate team at Ray White Papakura today: