# Newmarket / Parnell, Auckland — Class A submarket

> Newmarket / Parnell is a prime-tier Class A submarket of Auckland with average asking rent around NZ$380/sqm/yr · ≈ $20.8 PSF/yr USD.

**Canonical URL:** https://classa.info/cities/auckland/newmarket-parnell
**Page type:** neighborhood
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- Inner-suburban professional services Class A.
- Prime tier — ~NZ$380/sqm/yr.
- Active Class A leasing market with deal flow across major broker desks.

## Key facts
- **city**: Auckland
- **neighborhood**: Newmarket / Parnell
- **tier**: prime
- **averageRentLocal**: NZ$380/sqm/yr · ≈ $20.8 PSF/yr USD

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Citation: Source: Class A Atlas (https://classa.info/cities/auckland/newmarket-parnell), updated 2026-04-15T00:00:00.000Z.