Belmont is a sought-after North Shore suburb attracting a professional rental demographic, with a median weekly rent of $800 and indicative gross yields ranging from 3.5% to 4.9%. Its relatively compact community of 3,012 residents and high median household income of $124,900 signal a stable, quality-focused rental market for discerning investors.
Analyse a Belmont (Auckland) propertyMedian weekly rent in Belmont (Auckland) from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 3.5%–4.9% 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.
Belmont draws a well-educated, professional tenant base, reflected in the suburb's median household income of $124,900 — well above typical Auckland averages. With 37% of households renting, there is a meaningful pool of tenants who value the suburb's amenity, accessibility to the Auckland CBD via the Waitemata Harbour, and its relaxed residential character.
The median age of 37 suggests a neighbourhood of working professionals and young families, both of whom tend to prioritise stability and are likely to sign longer-term leases. Rents span a lower quartile of $680 per week to an upper quartile of $945 per week, indicating that property size, condition, and position within the suburb can meaningfully influence achievable returns.
Based on the Auckland median price of $1,000,000, Belmont's indicative gross yield range sits between 3.5% and 4.9%. At a median weekly rent of $800, investors acquiring property at or below the city median price are best placed to capture the upper end of that yield band. Notably, the 2-bedroom median rent of $650 per week and 1-bedroom median of $800 per week suggest that smaller or more uniquely configured dwellings may command a premium on a per-bedroom basis.
Investors should scrutinise purchase price carefully, as yields in the 3.5% range can create cash-flow pressure when mortgage rates are elevated. Factor in insurance, rates, and property management costs — which are not reflected in gross yield figures — and stress-test your numbers against potential vacancy periods in this relatively small suburb of 3,012 people.
Belmont offers investors access to a high-income, stable tenant demographic with a median household income of $124,900 and a 37% rental occupancy rate. The suburb's proximity to Auckland's CBD, combined with its residential appeal, supports consistent tenant demand and helps underpin rents at the $800 per week median level. Indicative gross yields of 3.5%–4.9% are modest by national standards but reflect the quality and capital-value resilience typically associated with established North Shore locations.
With a small population of 3,012, Belmont is a tightly held market where well-presented properties at the right price point are likely to attract quality tenants and maintain occupancy, supporting a sound long-term investment case.
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