Auckland Suburb · Rental Yield

Dannemora South Rental Yield 2026

Dannemora South is a prosperous east Auckland neighbourhood where the median weekly rent sits at $850, reflecting the area's strong household incomes and demand for quality family homes. Investors can expect indicative gross yields in the 4.2%–4.5% range, consistent with the broader Auckland market for premium suburban locations.

Analyse a Dannemora South property

Median rent by bedroom

Dannemora South weekly rents

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

Median rent

$850/wk

Indicative gross yield range of 4.2%–4.5% 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 Dannemora South?

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

Median Rent

$850/wk

Rent Range

$815–$870

Renters

28%

Median Income

$129,500

Median Age

37 yrs

Population

1,872

Investor guide

Investing in Dannemora South

Who Rents in Dannemora South?

Dannemora South attracts a relatively affluent tenant base, supported by a median household income of $129,500 — well above the national average. With 28% of households renting, the suburb has a modest but stable pool of tenants who typically seek well-presented, larger family homes rather than entry-level accommodation.

The suburb's median age of 37 and population of 1,872 point to a settled, family-oriented community. Tenants here tend to prioritise space, school zones, and proximity to east Auckland's retail and recreational amenities, which helps sustain consistent demand and low vacancy rates for quality rental stock.

Yields and Cash-Flow Considerations

At a median weekly rent of $850, Dannemora South sits at the higher end of Auckland's rental market. Based on the Auckland median price of $1,000,000, indicative gross yields range from 4.2% to 4.5%, offering investors a reasonable income return relative to the capital outlay typical of this part of the city.

Investors should note that gross yields in the 4.2%–4.5% range leave limited margin once rates, insurance, property management fees, and maintenance are accounted for. A thorough cash-flow analysis is essential, and properties priced at or below the Auckland median price of $1,000,000 will be key to achieving the upper end of that yield range.

Investor Snapshot

Is Dannemora South a good place to invest?

Dannemora South offers investors a stable, high-income tenant demographic and a tight rent range of $815–$870 per week, suggesting predictable rental income with limited downside volatility. The suburb's strong median household income of $129,500 reduces the risk of rent arrears and supports the ability of tenants to absorb incremental rent adjustments over time.

While capital growth prospects in east Auckland remain tied to broader market conditions, the suburb's demographic profile and consistent rental demand make it a defensible long-term hold for investors seeking income stability in the Auckland region.

Pros

High median weekly rent of $850 supports strong gross rental income
Affluent tenant base with median household income of $129,500, reducing arrears risk
Tight rent band ($815–$870/wk) signals consistent, predictable demand

Cons

Indicative gross yields of 4.2%–4.5% leave modest net cash-flow after expenses
Low renter proportion (28% of households) means a smaller tenant pool to draw from
Entry prices anchored to the Auckland median of $1,000,000 require significant capital commitment

FAQ

Dannemora South rental yield — common questions

What is the median rent in Dannemora South?

The median weekly rent in Dannemora South is $850 across all property types. The lower-to-upper quartile rent range sits between $815 and $870 per week, indicating a relatively tight and consistent rental market with limited variation between properties.

What rental yield can I expect from a Dannemora South investment property?

Based on the Auckland median price of $1,000,000, indicative gross yields in Dannemora South range from 4.2% to 4.5%. These figures are gross estimates and do not account for expenses such as property management, rates, insurance, or maintenance, so investors should model net cash flow carefully before purchasing.

What type of tenants does Dannemora South attract?

Dannemora South attracts predominantly family tenants, reflected in the suburb's median age of 37 and high median household income of $129,500. Renters in the area typically seek spacious, well-maintained homes and tend to be stable, longer-term occupants, which can reduce turnover costs for landlords.

What proportion of Dannemora South residents rent?

Approximately 28% of households in Dannemora South are renters, making it a predominantly owner-occupied suburb. While this limits the overall tenant pool, it also reflects the desirability of the area and tends to attract quality tenants who choose to rent by preference rather than necessity.

More Auckland suburbs

Saint Heliers North Parnell West Remuera South Ellerslie South Onehunga-Te Papapa Industrial Murrays Bay East Te Puru Symonds Street East