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Auckland Suburb · Rental Yield

Chatswood Rental Yield 2026

Chatswood is an established Auckland suburb with a predominantly owner-occupier character, where renters make up 21% of households and median weekly rents sit at $765. Indicative gross yields range from 3.1% to 4.8%, reflecting the premium nature of the local property market.

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Indicative Gross Yield
3.1–4.8%
Based on Auckland median price
Median Weekly Rent
$765/wk
All property types · MBIE bonds
Auckland Median Price
$1M
REINZ · indicative
Data updated 2025-12 · Sources: MBIE tenancy bond data · Stats NZ 2023 Census · REINZ
Median rent by bedroom

Chatswood weekly rents

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

Median rent
$765/wk

Indicative gross yield range of 3.1%–4.8% 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 Chatswood?

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

Median Rent
$765/wk
Rent Range
$590–$925
Renters
21%
Median Income
$148,500
Median Age
37 yrs
Population
3,438
Investor guide

Investing in Chatswood

The Chatswood Rental Market

Chatswood attracts a relatively affluent tenant base, consistent with a suburb where the median household income is $148,500 and the median age is 37. Renters represent 21% of households, meaning the suburb skews strongly towards owner-occupiers — a factor investors should weigh when assessing vacancy risk and tenant demand.

Weekly rents span a meaningful range, with the lower quartile at $590 and the upper quartile at $925, reflecting diversity in the local dwelling stock. Properties at the upper end of that range are likely to attract professional households or families seeking space and quality in a well-regarded neighbourhood.

Yield & Cash-Flow Considerations

Based on the Auckland median price of $1,000,000, indicative gross yields in Chatswood sit between 3.1% and 4.8%. These figures are broadly in line with what investors might expect from premium Auckland suburbs, where capital growth has historically been the primary driver of total return rather than rental income alone.

Investors should factor in that gross yields of 3.1%–4.8% leave limited margin once mortgage costs, rates, insurance, and maintenance are accounted for — particularly at current interest rates. Rigorous due diligence on purchase price relative to achievable rent is essential to avoid negative cash-flow surprises.

Investor Snapshot

Is Chatswood a good place to invest?

Chatswood presents a stable, low-volatility rental environment underpinned by high household incomes and a small but reliable tenant pool. With a median weekly rent of $765 and rents reaching $925 at the upper quartile, quality properties can command strong returns — though the suburb's owner-occupier dominance means investor stock is limited and competition for good-quality rentals can be stiff.

For investors prioritising long-term capital preservation in a high-income Auckland suburb, Chatswood warrants consideration, though those seeking strong cash-flow yields may find better opportunities elsewhere in the region.

Potential Advantages
  • High median household income of $148,500 supports reliable rent payment and tenant quality
  • Upper-quartile rents of $925/wk indicate strong ceiling for well-presented properties
  • Established, low-density suburb with stable demand from professional and family renters
Key Risks to Consider
  • Indicative gross yields as low as 3.1% may result in negative cash-flow at current financing costs
  • Renters represent only 21% of households, limiting the size of the active tenant pool
  • Auckland's $1,000,000 median price benchmark means a high capital outlay relative to rental income generated
FAQ

Chatswood rental yield — common questions

The median weekly rent across all property types in Chatswood is $765 per week. Rents span from $590 per week at the lower quartile up to $925 per week at the upper quartile, reflecting variation in property size and quality across the suburb.
Based on the Auckland median price of $1,000,000, indicative gross yields in Chatswood range from 3.1% to 4.8%. These figures represent gross returns before expenses such as rates, insurance, property management, and mortgage interest are deducted.
Approximately 21% of households in Chatswood are renters, meaning the suburb is predominantly owner-occupied. Investors should be aware that a smaller renter proportion can mean a tighter pool of prospective tenants, making property presentation and competitive pricing important factors in minimising vacancy.
Chatswood has a population of 3,438 with a median age of 37 and a median household income of $148,500 — well above the broader Auckland average. This suggests tenants in the suburb tend to be established professionals or families who prioritise quality of accommodation and neighbourhood stability.
More Auckland suburbs
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