Spotlight on Takapuna

With its laid back beach vibe, thriving restaurant scene, great schools and future growth plans, Takapuna is a sought after place for buyers and tenants.

Takapuna compared to the rest of Auckland

  • Gross rental yield: Takapuna 2.10% and Auckland 2.97%
  • Average sale price (three bedroom): Takapuna $1,565,625 and Auckland $906,827
  • Average weekly rent (three bedroom): Takapuna $633 and Auckland $519

Source: Barfoot & Thompson average tenancies as at 1 August 2016 and Barfoot & Thompson average sales over the last six months to beginning 1 August 2016 for three bedroom properties in Auckland and Takapuna. Yield calculated using average sale price and average rental per week.

Tenants spoilt for choice

"As the housing market challenges first-home buyers and young professionals, the rental market in Takapuna offers great variety," says Takapuna Property Manager Kath Fraser.

"From character villas to modern family homes, central apartments or beachfront luxury, the Takapuna branch has them all."

"The rent prices are a little more manageable, with the average median weekly asking rent up just 3.9% per week on a year ago," Kath says.

About Takapuna

Located over the Harbour Bridge, just a 12 minute drive from the city, Takapuna is considered the CBD of North Shore City.

With its Pohutukawa framed coastline and the volcanic crater of Lake Pupuke to the north, Takapuna is a popular destination for swimming, sailing and other water sports.

Takapuna's retail district is experiencing strong growth and now has a thriving shopping scene, as well as many popular restaurants, cafes and bars. Auckland Council has recognised the potential of the area in their Unitary Plan, with a future vision to create a vibrant and well connected town centre, oriented around people.

Takapuna is also home a a selection of great schools, including Rosmini College, Takapuna Normal Intermediate, St Joseph's and Takapuna Grammar. Westlake Boys and Westlake Girls High Schools' are also in zone in parts of Takapuna.

Understanding yield

Yield is an income return on investment. 

To generate the gross rental yield, calculate the gross annual income of the property and divide it by the purchase price. When generating net yield, you'll need to take other expenses such as mortgage and rates into consideration. 

Want more info on Takapuna?

Talk to the team at our Takapuna branch.

Did you know...

Takapuna is hosting the Ocean Swimming section of the 2017 World Masters Games.

Barfoot & Thompson is the presenting partner of the Games, which are being held in April 2017. Find out more