Average Auckland rents $595/week for three bedrooms. Photo / Doug SherringAuckland residential rents have hit a new all-time high and are forecast to climb further soon to an average $600/week. Kiri Barfoot, a Barfoot & Thompson director, said average weekly rents rose around $12/week to reach a new high of $595/week. She expects them soon to be $600/week and said rents rose 2 per cent annually. South Auckland and Rodney rents rose the fastest, up 3.5 and 3.2 per cent, representing $18/week average.

Source: New Zealand Herald January 27, 2021 00:56 UTC