In Kohi-tātea (January), there were 135,000 searches by potential tenants looking for properties in Epsom. While this is still a strong level of interest, it represents a 5% decrease compared to the same time last year. During this period, five new listings entered the market.
The median expected rent price for a three-bedroom townhouse in Epsom is currently $905 per week, reflecting a 1% increase compared to last year. However, one of the most significant shifts is the median days on site, which has skyrocketed to 102 days, a 538% increase from the same period last year. This suggests that properties are taking significantly longer to rent out.
Epsom attracts a mix of young professionals and families. Recent data shows:
These demographics indicate a steady demand from working professionals and families looking for quality homes in a prime location.
With Auckland’s Unitary Plan pushing for higher-density developments, Epsom has seen an increase in townhouse availability over the past year. This growth in rental stock may be contributing to the longer time on the market for some properties.
However, this intensification also benefits renters, providing modern, high-quality housing options in one of Auckland’s most desirable suburbs.
Epsom continues to be a highly sought-after suburb in Tāmaki Makaurau (Auckland) due to its central location, top-tier schools, and exceptional amenities. Living in Epsom offers easy access to:
If you’re a landlord, understanding these market trends can help you make informed decisions about pricing and property management. If you’re a tenant, these insights can help you secure a rental property that meets your needs at a fair market rate.
Charlton Property Management is here to help! We are based in Epsom and can provide expert guidance on the rental market.