Auckland Suburb · Rental Yield

Blockhouse Bay North East Rental Yield 2026

Blockhouse Bay North East is an established west Auckland suburb with a strong rental base, where 41% of households rent and median weekly rents sit at $700. Indicative gross yields range from 3.3% to 4%, placing it in line with broader Auckland market conditions for investors seeking stable residential income.

Analyse a Blockhouse Bay North East property

Median rent by bedroom

Blockhouse Bay North East weekly rents

Median weekly rent in Blockhouse Bay North East from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.

1 Bedroom

$698/wk

2 Bedroom

$703/wk

3 Bedroom

$685/wk

Indicative gross yield range of 3.3%–4% uses the rent against the Auckland median sale price of $1,000,000. Net yield is lower after rates, insurance, management and maintenance.

Suburb demographics

Who rents in Blockhouse Bay North East?

From the Stats NZ 2023 Census. Rental demand indicators that shape tenant pool and vacancy.

Median Rent

$700/wk

Rent Range

$635–$770

Renters

41%

Median Income

$114,300

Median Age

37 yrs

Population

2,262

Investor guide

Investing in Blockhouse Bay North East

Who Rents Here and Why

Blockhouse Bay North East attracts a settled, working-age tenant base, reflected in a median age of 37 and a median household income of $114,300 — well above many comparable Auckland suburbs. With 41% of households renting across a population of 2,262, there is meaningful and consistent demand for quality rental stock in the area.

The suburb's mix of property sizes suits a range of tenant profiles, from couples and small families to professionals working across the wider Auckland region. Median rents are relatively consistent across bedroom counts — sitting at $698 for one-bedroom, $703 for two-bedroom, and $685 for three-bedroom properties — suggesting broad, stable demand rather than concentration in any single property type.

Yield and Cash-Flow Considerations

Based on the Auckland median price of $1,000,000, indicative gross yields in Blockhouse Bay North East range from 3.3% to 4%. With median weekly rent at $700 and the lower-to-upper quartile range spanning $635 to $770 per week, investors can model cash flow with reasonable confidence across a range of acquisition prices.

As with all Auckland suburbs at this price point, gross yields in the 3.3%–4% range mean that net returns after rates, insurance, maintenance, and property management fees will be modest. Investors should stress-test their numbers carefully and consider capital growth potential alongside income return when assessing the full investment case.

Investor Snapshot

Is Blockhouse Bay North East a good place to invest?

Blockhouse Bay North East offers investors a relatively high-income tenant demographic, with median household income of $114,300 and a stable renter population making up 41% of households. Median weekly rents of $700, backed by a quartile range of $635–$770, indicate a market with reasonable depth and limited volatility at the lower end.

Gross yields of 3.3%–4% are consistent with the broader Auckland market and suggest that patient investors focused on long-term capital preservation and steady rental income will find the suburb worthy of consideration.

Pros

High median household income of $114,300 supports tenant quality and rent reliability
Consistent rent levels across bedroom types ($685–$703/wk) indicate broad, stable demand
41% renter proportion provides a solid and ongoing pool of prospective tenants

Cons

Indicative gross yields of 3.3%–4% leave limited margin after operating costs at the Auckland median price
Relatively small suburb population of 2,262 means a thinner pool of comparable sales and rental data
Tight yield range requires accurate purchase pricing to avoid cash-flow pressure

FAQ

Blockhouse Bay North East rental yield — common questions

What is the median rent in Blockhouse Bay North East?

The median weekly rent across all property types in Blockhouse Bay North East is $700 per week. The lower quartile sits at $635 per week and the upper quartile at $770 per week, giving investors a useful range for modelling rental income scenarios.

What rental yields can investors expect in Blockhouse Bay North East?

Based on the Auckland median price of $1,000,000, indicative gross yields in Blockhouse Bay North East range from 3.3% to 4%. These are gross figures, so investors should account for ongoing costs including rates, insurance, and property management when calculating net returns.

How much do rents vary by bedroom count in Blockhouse Bay North East?

Rents across different property sizes are notably consistent in this suburb: one-bedroom properties have a median of $698 per week, two-bedroom properties $703 per week, and three-bedroom properties $685 per week. This tight spread suggests demand is not heavily skewed toward any particular dwelling size.

What type of tenants does Blockhouse Bay North East attract?

The suburb has a median age of 37 and a median household income of $114,300, pointing to a working-age, relatively affluent tenant profile. With 41% of the suburb's 2,262 residents renting, landlords can expect a stable and financially capable tenant pool.

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