Campbells Bay is one of Auckland's most sought-after coastal suburbs, attracting a predominantly owner-occupier community where rental properties command a median $915 per week. With an indicative gross yield range of 4%–6.3%, investors here are targeting capital-quality assets in a tightly held, high-income neighbourhood.
Analyse a Campbells Bay propertyMedian weekly rent in Campbells Bay from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 4%–6.3% 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.
Renters make up just 21% of Campbells Bay households, reflecting a suburb where owner-occupiers dominate and rental stock is scarce. That scarcity tends to support firm rents — the lower quartile sits at $770 per week, rising to $1,210 per week at the upper quartile, indicating significant variation driven by property size and proximity to the beach.
The suburb's median household income of $172,200 and median age of 37 point to a professional, family-oriented tenant cohort. Renters here are typically dual-income households or executives on corporate relocations who prioritise quality, space, and the suburb's coastal lifestyle over price sensitivity.
Against the Auckland median price of $1,000,000, Campbells Bay properties generate indicative gross yields of 4%–6.3%. Given that premium homes in this suburb routinely trade well above that benchmark, investors should stress-test yields carefully against the actual acquisition price rather than relying on city-wide medians.
With median rents at $915 per week, gross rental income can appear attractive, but net returns narrow considerably once rates, insurance, property management, and maintenance on higher-value homes are accounted for. Buyers should model conservatively and confirm current comparable rentals before committing.
Campbells Bay offers investors a rare combination of a prestige coastal address, a high-income tenant pool, and a median weekly rent of $915 — well above broader Auckland averages. The suburb's small population of 2,847 and low renter proportion of 21% mean rental vacancies are infrequent, and quality properties tend to be absorbed quickly when they do come to market.
Long-term, the suburb's enduring appeal to Auckland's professional class and its constrained housing supply underpin the case for capital preservation, though investors primarily chasing yield may find higher-return opportunities elsewhere in the region.
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