Auckland Suburb · Rental Yield

Cape Hill Rental Yield 2026

Cape Hill is a relatively compact Auckland suburb with a median weekly rent of $710 and a renter base making up 30% of households. Indicative gross yields of 3.4%–3.8% reflect the suburb's position within Auckland's broader property market, appealing to investors seeking stable, mid-to-upper rental returns.

Analyse a Cape Hill property

Median rent by bedroom

Cape Hill weekly rents

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

Median rent

$710/wk

Indicative gross yield range of 3.4%–3.8% 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 Cape Hill?

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

Median Rent

$710/wk

Rent Range

$663–$733

Renters

30%

Median Income

$138,400

Median Age

37 yrs

Population

1,536

Investor guide

Investing in Cape Hill

Who Rents in Cape Hill?

Cape Hill attracts a relatively affluent tenant profile, reflected in a median household income of $138,400 — well above typical Auckland averages. With 30% of households renting, the suburb maintains a meaningful rental market without being predominantly tenant-occupied, suggesting a stable, owner-occupier-anchored community.

The suburb's median age of 37 and population of 1,536 point to a settled, working-age demographic. Tenants here tend to be professionals or established families who value quality housing, meaning landlords who invest in well-presented properties are well-positioned to attract reliable, long-term occupants.

Yield & Cash-Flow Considerations

At a median weekly rent of $710 and with the lower-to-upper quartile rent range sitting between $663 and $733 per week, Cape Hill offers reasonably consistent rental income. Indicative gross yields of 3.4%–3.8%, based on the Auckland median price of $1,000,000, are in line with what investors typically see across Auckland's more established suburbs.

Investors should be mindful that gross yields in the 3.4%–3.8% range leave relatively modest headroom once mortgage costs, rates, insurance, and maintenance are factored in. Careful due diligence on purchase price relative to achievable rent will be essential to ensuring positive cash-flow outcomes in this suburb.

Investor Snapshot

Is Cape Hill a good place to invest?

Cape Hill presents a measured investment case: strong household incomes of $138,400 and a professional tenant demographic support consistent demand for quality rental properties, while a median weekly rent of $710 provides a solid income base. However, indicative gross yields of 3.4%–3.8% mean the suburb rewards investors who are focused on long-term capital growth alongside rental income rather than immediate high-yield returns.

With a small population of 1,536 and 30% of households renting, Cape Hill is a relatively tight market, which can support rental price stability but may also mean fewer available properties and limited comparable sales data to guide purchase decisions.

Reasons to Consider Cape Hill

High median household income of $138,400 supports quality tenant demand and rent resilience
Median weekly rent of $710 with a narrow quartile range ($663–$733) indicates consistent, predictable rental income
Stable, owner-occupier-dominant neighbourhood (70% owners) helps protect property values and neighbourhood quality

Risks & Considerations

Indicative gross yields of 3.4%–3.8% are modest, leaving limited cash-flow buffer after expenses at the Auckland median price of $1,000,000
Small suburb population of 1,536 means limited rental stock turnover, which can make finding suitable investment properties more difficult
With only 30% of households renting, vacancy periods may have a more pronounced impact on returns than in higher-density rental markets

FAQ

Cape Hill rental yield — common questions

What is the median rent in Cape Hill?

The median weekly rent across all property types in Cape Hill is $710 per week. The lower-to-upper quartile rent range sits between $663 and $733 per week, indicating relatively consistent pricing across the suburb's rental stock.

What rental yield can I expect from a Cape Hill investment property?

Based on the Auckland median price of $1,000,000, indicative gross yields in Cape Hill range from 3.4% to 3.8%. These are gross figures, so investors should account for ongoing costs such as rates, insurance, property management fees, and maintenance when assessing net returns.

What type of tenants typically rent in Cape Hill?

Cape Hill's median household income of $138,400 and median age of 37 suggest the suburb attracts working professionals and established families. This demographic typically seeks well-maintained, quality rental properties and tends to favour longer-term tenancies, which can reduce vacancy and turnover costs for landlords.

Is Cape Hill predominantly a renting or owner-occupying suburb?

Cape Hill is predominantly owner-occupied, with renters accounting for 30% of households. This balance can be a positive indicator for property values and neighbourhood stability, though it also means the pool of available rental properties is relatively limited within the suburb's total population of 1,536.

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