Forrest Hill East is an established North Shore suburb that attracts a stable, higher-income renter base, with a median weekly rent of $765 and rents spanning $626–$880 across the middle two quartiles. Indicative gross yields of 3.3%–4.6% reflect the suburb's solid but measured cash-flow proposition for Auckland investors.
Analyse a Forrest Hill East propertyMedian weekly rent in Forrest Hill East from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 3.3%–4.6% 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.
With 40% of households renting and a median age of just 37, Forrest Hill East draws a relatively young, professional demographic — the kind of tenants who value proximity to North Shore amenities, good schooling zones, and straightforward access to Auckland's wider motorway network. The suburb's median household income of $133,200 is well above the national average, signalling that renters here generally have strong capacity to meet above-average rent levels.
Three-bedroom homes are the dominant rental proposition, commanding a median of $785 per week, which aligns with family-oriented demand in the area. Interestingly, one-bedroom properties sit at $695 per week, reflecting a smaller but willing professional or couple market, while two-bedroom dwellings come in at $600 per week — potentially offering a relative entry point for investors targeting that segment.
Based on the Auckland median price of $1,000,000, indicative gross yields in Forrest Hill East range from 3.3% to 4.6%. At the upper end of that range, a property achieving close to $880 per week in rent can generate a meaningful gross return, though investors should stress-test net yields carefully once mortgage servicing, rates, insurance, and property management costs are factored in.
Yield compression is a genuine consideration on the North Shore, where land values remain elevated. Investors should scrutinise purchase price relative to achievable rent carefully — paying above the Auckland median price of $1,000,000 will push gross yields below the 3.3% floor indicated, tightening cash flow further. Vacancy risk appears moderate given the suburb's 40% renter proportion and high household incomes, but due diligence on comparable rentals in the immediate area remains essential.
Forrest Hill East offers a compelling quality-of-tenancy story: a median household income of $133,200, a median age of 37, and a 40% renter proportion together paint the picture of a suburb where professional households actively choose to rent in an aspirational neighbourhood. The median weekly rent of $765 — with upper-quartile properties achieving $880 — demonstrates real rental depth, and three-bedroom homes at $785 per week underpin steady family-tenant demand.
Yield ranges of 3.3%–4.6% are relatively typical for established Auckland suburbs, and long-term capital preservation may be as compelling a part of the investment case here as immediate cash flow.
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