Anzac Avenue is a predominantly renter-occupied Auckland suburb where 74% of households rent, signalling consistent tenant demand for investors. Indicative gross yields range from 2.1% to 3%, with a median weekly rent of $498 across all property types.
Analyse a Anzac Avenue propertyMedian weekly rent in Anzac Avenue from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 2.1%–3% uses the rent against the Auckland median sale price of $1,000,000. Net yield is lower after rates, insurance, management and maintenance.
From the Stats NZ 2023 Census. Rental demand indicators that shape tenant pool and vacancy.
With 74% of households renting, Anzac Avenue sits firmly in the higher end of Auckland's renter-occupied suburbs, suggesting a deep and relatively stable tenant pool. The suburb's median age of 37 and median household income of $78,600 point to a working-age professional demographic — renters who typically value convenience, connectivity, and quality of accommodation.
The rental market here spans a meaningful price range, with the lower quartile at $400 per week and the upper quartile at $579 per week, giving landlords flexibility depending on property size and quality. One-bedroom properties currently achieve a median of $450 per week, while two-bedroom dwellings command $600 per week, reflecting a notable step-up in tenant willingness to pay for additional space.
Based on the Auckland median price of $1,000,000, indicative gross yields in Anzac Avenue sit between 2.1% and 3% — a range that reflects the broader Auckland challenge of high entry prices relative to rental income. Investors should model their acquisition price carefully, as purchasing below the city median could push yields toward the upper end of that range.
As with all inner-Auckland investments, buyers should stress-test cash flow against mortgage servicing costs, rates, insurance, and property management fees before committing. At these yield levels, capital growth expectations and depreciation of chattels are likely to form a meaningful part of the overall investment thesis.
Anzac Avenue offers a high proportion of renters — 74% of households — which reduces vacancy risk and supports reliable rental demand. The median weekly rent of $498 and a two-bedroom median of $600 per week demonstrate solid income potential, though gross yields of 2.1%–3% mean investors must be mindful of purchase price to make the numbers work.
With a relatively young median age of 37 and a household income of $78,600, the suburb's tenant base appears financially stable, which may support rent collection consistency and longer tenancies over time.
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