Cloverlea is a settled Auckland residential neighbourhood with a median weekly rent of $650 and a relatively owner-occupier-skewed tenure mix. Investors can expect indicative gross yields in the 3.3%–4% range, in line with broader Auckland market conditions.
Analyse a Cloverlea (Auckland) propertyMedian weekly rent in Cloverlea (Auckland) from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
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.
From the Stats NZ 2023 Census. Rental demand indicators that shape tenant pool and vacancy.
Renters make up 26% of Cloverlea households, pointing to a suburb that is predominantly owner-occupied but still home to a meaningful tenant pool. With a median age of 37 and a median household income of $105,200, the area attracts working professionals and established families who typically prioritise stability and quality housing.
The suburb's population of 2,586 keeps the community at a manageable scale, which can mean lower vacancy competition compared with higher-density Auckland suburbs. Three-bedroom properties — the most common family configuration — achieve a median rent of $650 per week, consistent with the overall suburb median.
Based on the Auckland median price of $1,000,000, Cloverlea's indicative gross yield range sits between 3.3% and 4%. Weekly rents across the lower-to-upper quartile span $640 to $768, so the configuration of your property will meaningfully influence where within that yield band you land. Notably, one-bedroom properties command a median of $723 per week, which may offer a relatively stronger income position on a per-dollar-invested basis.
Investors should stress-test cash flow carefully at these yield levels, as net returns after rates, insurance, property management, and maintenance will compress the headline figure. Auckland's high entry prices mean that even modest interest rate movements can shift a property from neutral to negatively geared, so conservative lending assumptions are prudent.
Cloverlea offers the relative stability of a mature, predominantly owner-occupied Auckland suburb, with a high median household income of $105,200 suggesting tenants who are financially capable and likely to maintain properties well. The trade-off is that yields of 3.3%–4% are modest by national standards, meaning capital growth expectations typically carry more weight in the investment thesis than rental income alone.
Investors with a long-term horizon and appetite for Auckland's value proposition may find Cloverlea a dependable, low-volatility addition to a portfolio, particularly if targeting the one-bedroom segment where rents trend higher.
Run the numbers on a specific Cloverlea address with PropertyMetrics NZ's yield and cash-flow calculator to see how it stacks up against these suburb benchmarks.
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