New Lynn Property Market And House Prices

Suburb of Auckland

Ed McKnight

Author: Ed McKnight

Our Resident Economist, with a GradDipEcon and over five years at Opes Partners, is a trusted contributor to NZ Property Investor, Informed Investor, Stuff, Business Desk, and OneRoof.

Last Updated:

Key house price data for New Lynn, Auckland

Average House Value

-2.3%
$852,500

Average Rent

$605

Estimated Yield

3.7%

Long Term Capital Growth

6.5%

Ed's Insights

New Lynn is a suburb in Auckland.

17,670 people currently live in New Lynn. 47.8% of these people rent.

The average house value in New Lynn is $852,500.

That’s down 12.8% from from 2 years ago.

The median rent in New Lynn is $605.

Market Insight - Median House Price Trend

Sales Data

Average House Value

-2.3%
$852,500

Median Days to Sell

36

Properties listed for sale in the last month

41

Properties sold in the last 12 months

216

Insights

The average house value in New Lynn is $852,500.

On average it takes 36 days to sell a house.

All up 216 properties were sold in New Lynn over the last year, and 41 properties were listed for sale in the last month.

Rental Data

Median Rent

$605

Rental properties listed last year

Not enough data available

Rental properties listed last month

Not enough data available

Median days to rent

Not enough data available

Insights

There is no rental data available for New Lynn at this time. We are working hard to get this data. We hopefully will have some shortly.

Demographic Info

What do tenants in New Lynn want?

The most popular number of bedrooms a tenant rents in New Lynn is 3 bedrooms.

38.1% of tenants in the suburb rent properties with 3 bedrooms.

The most popular number of cars in New Lynn is 1 car.

40.8% of residents in the suburb own 1 car.

How many Bedrooms do renters have in New Lynn?

How many Cars do renters have in New Lynn?