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Auckland · Q1 2026

Panmure

Median weekly rent, six-year trend and rental yield for Panmure — built from 159 tenancy bonds lodged with Tenancy Services, across the 2 statistical areas that make up the suburb.

$393
median weekly rent · Q1 2026
↓ -35.4% year on year

Source · MBIE Tenancy Services — Q1 2026 · 159 new bonds · Reviewed Aug 2026 · Method

Typical range
$349–$597
middle 50% of new tenancies
Year on year
-35.4%
vs Q1 2025
Annual rent
$20,436
at the median, 52 weeks
Sample size
159
new bonds this quarter

Source · MBIE Tenancy Services — Q1 2026 · Q1 2026 bond lodgements · Reviewed Aug 2026 · Method

01

Where Panmure sits in Auckland

Every one of the 246 suburbs we track is a tick on this scale, placed by its median weekly rent. Panmure is the 2nd most affordable of the 246 Auckland suburbs we track — cheaper than 99% of them.

Panmure $393 $295 cheapest $993 dearest

Source · MBIE Tenancy Services — Q1 2026 · 246 Auckland suburbs · Reviewed Aug 2026 · Method

The median weekly rent in Panmure is $393, based on 159 new tenancy bonds lodged in Q1 2026. That is 37% below the Auckland-wide median of $622.

Over the past year the median has fallen 35.4%, and it is down 27% on Q1 2020, when the median was $531.

Most new tenancies fall between $349 and $597 a week — the middle half of the market.

Panmure is the 2nd most affordable of the 246 Auckland suburbs we track — cheaper than 99% of them.

02

How the Panmure figure is calculated

  1. Take every tenancy bond lodged with Tenancy Services in Q1 2026 for the 2 statistical areas that make up Panmure — 159 of them.
  2. Discard any cell built on fewer than five bonds. MBIE withholds those to protect individual tenants, which is why some bedroom sizes below show a dash.
  3. Combine the area medians with a bond-count-weighted geometric mean, so a small area with three tenancies cannot swing the suburb figure.
  4. Report the median rather than the average: a handful of very expensive tenancies cannot drag it.
    weekly median = geomean(area medians, weight = bond count) annual gross rent = weekly median × 52 = $20,436

Source · MBIE Tenancy Services — Q1 2026 · Weighted geometric mean · Reviewed Aug 2026 · Method

03

Six years of rent

Median weekly rent on new tenancies, Q1 2020 to Q1 2026. Hover the chart to read any quarter.

$300$520$740 $393 Q1 2020Q1 2023Q1 2026
View the numbers behind this chart
QuarterMedian weekly rentNew bonds
Q1 2020$53142
Q2 2020$60027
Q3 2020$52333
Q4 2020$52545
Q1 2021$54042
Q2 2021$57027
Q3 2021$58027
Q4 2021$55539
Q1 2022$62039
Q2 2022$54033
Q3 2022$55033
Q4 2022$56039
Q1 2023$57042
Q2 2023$55142
Q3 2023$67521
Q4 2023$56827
Q1 2024$58533
Q2 2024$65030
Q3 2024$64642
Q4 2024$64851
Q1 2025$60866
Q2 2025$62154
Q3 2025$59351
Q4 2025$58036
Q1 2026$393159

Source · MBIE Tenancy Services — Q1 2026 · Q1 2020 – Q1 2026 · Reviewed Aug 2026 · Method

04

Rent by size

Q1 2026. Sizes with fewer than five bonds are withheld by Tenancy Services to protect tenants' privacy.

1 bedroom $354 123 bonds
2 bedrooms $560 12 bonds
3 bedrooms $690 12 bonds

Source · MBIE Tenancy Services — Q1 2026 · Withheld below 5 bonds · Reviewed Aug 2026 · Method

05

Rent by property typeQ1 2026

The headline median covers every property type together, so the mix matters — a suburb with many rooms or studios shows a lower overall median than its houses alone.

Property typeMedian weeklyBondsShare
House$39415094%
Apartment$53564%

Source · MBIE Tenancy Services — Q1 2026 · Property-type split · Reviewed Aug 2026 · Method

Most tenancies here are recorded as houses, yet the median sits well below the Auckland average — usually a sign of smaller dwellings or many one-bedroom tenancies. Check the bedroom breakdown before drawing conclusions.

06

Rental yield

Pre-filled with the Panmure median rent. Enter a purchase price to see the gross yield.

Gross yield ignores rates, insurance, maintenance, management and vacancy. Net yield is typically 1–2 percentage points lower — the full calculator works both out.

Gross rental yield

Source · MBIE Tenancy Services — Q1 2026 · Rent pre-filled, price is yours · Reviewed Aug 2026 · Method

07

Nearby suburbsQ1 2026

The closest suburbs to Panmure, by distance between area centres.

SuburbMedian weeklyDifferenceDistance
Tamaki$610+$2171.1 km
Mount Wellington$649+$2561.5 km
Stonefields$840+$4471.7 km
Mount Wellington Ferndale$650+$2571.8 km
Point England$585+$1922.2 km
Sunnyhills West-Pakuranga$753+$3602.3 km

Source · MBIE Tenancy Services — Q1 2026 · Straight-line distance, area centres · Reviewed Aug 2026 · Method

08

What you could build in Panmure

Rent tells you what a Panmure property earns today. Zoning tells you what it could become — a second dwelling on the same section changes the income on this page entirely.

Panmure zoning, granny-flat rules and flood overlays

Our companion tool PropertyScope reads Auckland Council's planning data for any Panmure address — the zone, how many dwellings are allowed, whether a 70m² granny flat qualifies, and any hazard overlays on the land. At the Panmure median of $393 a week, a second dwelling would add roughly $20,436 a year in gross rent.

Check Panmure zoning and development rules →

Schools in Panmure

There are 9 schools in Panmure. 5 of them operate an enrolment zone, so where you rent decides which ones you can enrol in. Our companion site NZ School Finder lists every one with its roll, year levels and zone status, straight from the Ministry of Education's directory — and publishes no rankings or ratings.

See the 9 schools in Panmure →

Sports clubs and gyms in Panmure

9 sports clubs, gyms and pools are mapped in Panmure. Our companion directory Sideline lists every one in the country, compiled from OpenStreetMap — and nobody can buy a ranking in it.

See what's on in Panmure →
09

Common questions

What is the average rent in Panmure?
The median weekly rent for a new tenancy in Panmure is $393 (Q1 2026), from 159 bonds lodged with Tenancy Services. We use the median rather than a simple average because it is not distorted by a handful of very high or very low rents.
Are rents in Panmure going up or down?
Rents are easing — the median is down 35.4% on the same quarter last year. Over five years the median has moved -27.2%.
How much is a three-bedroom in Panmure?
A one-bedroom is typically $354 a week, a two-bedroom $560, a three-bedroom $690.
Is Panmure expensive compared with the rest of Auckland?
At $393 a week, Panmure is below the Auckland median of $622. Panmure is the 2nd most affordable of the 246 Auckland suburbs we track — cheaper than 99% of them.
What rental yield does Panmure produce?
Gross yield depends on the purchase price. At the Panmure median rent of $393 a week, annual rent is about $20,436. Divide that by the property price for gross yield — $20,436 on a $500,000 property is roughly 4.0%.

Thinking of renting out or selling in Panmure?

Amit Sharma is an award-winning Auckland agent. Get a free, no-obligation appraisal of what your Panmure property would rent or sell for today — based on real local numbers, not a guess.

Request a free appraisal

Areas included in Panmure: Panmure West · Panmure East. See how we combine them.