Burbank is a predominantly renter-occupied Auckland suburb where 68% of households lease their home, underpinning consistent rental demand for investors. With a median weekly rent of $650 and indicative gross yields ranging from 3.1% to 3.7%, Burbank sits within the broader Auckland yield environment typical of established urban neighbourhoods.
Analyse a Burbank propertyMedian weekly rent in Burbank from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 3.1%–3.7% 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 68% of households renting, Burbank has one of the higher renter-occupancy rates you will find across Auckland's suburbs, signalling a well-established private rental market. The median age of 37 and a median household income of $100,100 point to a working-age, relatively financially stable tenant base — the kind of demographic that tends to prioritise lease stability and looks after a property well.
Three-bedroom properties are clearly the bread-and-butter rental format in Burbank, commanding a median of $650 per week — identical to the overall suburb median — suggesting strong, broad demand at that dwelling size. The lower-to-upper quartile rent range of $594 to $713 per week gives landlords a realistic sense of what better-presented or larger-format homes can achieve above the midpoint.
Burbank's indicative gross yield range of 3.1% to 3.7% is calculated against the Auckland median price of $1,000,000, which is a useful benchmark but should be stress-tested against the actual purchase price of any specific property you are evaluating. At $650 per week gross rent, annual rental income sits around $33,800, so entry price discipline is critical to landing at the stronger end of that yield range.
As with all Auckland suburbs, investors should account for property management fees, rates, insurance, and maintenance when converting gross yield to a net cash-flow figure — net returns will typically sit meaningfully below the 3.1%–3.7% gross range. Capital growth expectations will need to carry significant weight in any investment thesis given the modest yield environment.
Burbank presents a solid rental demand story: a 68% renter-occupancy rate and a median household income of $100,100 suggest tenants who can reliably meet a $650 per week rent obligation. However, at indicative gross yields of 3.1% to 3.7% against Auckland's $1,000,000 median price benchmark, the suburb is unlikely to be cash-flow positive from day one for most investors, which is consistent with the wider Auckland market.
Investors who prioritise tenant-quality and low vacancy risk over immediate yield may find Burbank a defensible long-term hold, provided acquisition price and financing costs are carefully managed.
Run the numbers on a specific Burbank address using PropertyMetrics NZ's yield and cash-flow calculator to see how it stacks up against these suburb benchmarks.
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