Queen Street CBD (prime, ~NZ$420/sqm/yr · ≈ $23 PSF/yr USD) is one of 5 Auckland Class A submarkets we track.

  • Queen Street CBD sits at prime tier.
  • Average rent NZ$420/sqm/yr · ≈ $23 PSF/yr USD vs city average 750.
  • Compared submarkets: Britomart (trophy), Wynyard Quarter (trophy), Viaduct Harbour (trophy).

Queen Street CBD vs other Auckland submarkets

Queen Street CBD (prime, ~NZ$420/sqm/yr · ≈ $23 PSF/yr USD) is one of 5 Auckland Class A submarkets we track.

TL;DR

  • Queen Street CBD sits at prime tier.
  • Average rent NZ$420/sqm/yr · ≈ $23 PSF/yr USD vs city average 750.
  • Compared submarkets: Britomart (trophy), Wynyard Quarter (trophy), Viaduct Harbour (trophy).

Side-by-side with peers

**Britomart** (trophy, NZ$540/sqm/yr · ≈ $29.6 PSF/yr USD) — Heritage waterfront trophy core. **Wynyard Quarter** (trophy, NZ$504/sqm/yr · ≈ $27.6 PSF/yr USD) — Post-2010 innovation precinct. **Viaduct Harbour** (trophy, NZ$528/sqm/yr · ≈ $28.9 PSF/yr USD) — Premium waterfront mixed-use Class A. **Newmarket / Parnell** (prime, NZ$380/sqm/yr · ≈ $20.8 PSF/yr USD) — Inner-suburban professional services Class A.

Key facts

cityAuckland
submarketQueen Street CBD
tierprime
averageRentLocalNZ$420/sqm/yr · ≈ $23 PSF/yr USD
cityClassARentUsd$41/sqft/yr
cityVacancyPct9.4%

Frequently asked questions

What other submarkets compete with Queen Street CBD in Auckland?
Britomart, Wynyard Quarter, Viaduct Harbour

Related

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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