Auckland Suburb · Rental Yield

Glendene South Rental Yield 2026

Glendene South is a west Auckland suburb with a solid rental base, where 41% of households rent and the median weekly rent sits at $650. Indicative gross yields range from 2.7% to 3.6%, benchmarked against the Auckland median price of $1,000,000.

Analyse a Glendene South property

Median rent by bedroom

Glendene South weekly rents

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

Median rent

$650/wk

Indicative gross yield range of 2.7%–3.6% 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 Glendene South?

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

Median Rent

$650/wk

Rent Range

$510–$700

Renters

41%

Median Income

$106,700

Median Age

37 yrs

Population

3,015

Investor guide

Investing in Glendene South

Who Rents in Glendene South?

Glendene South draws a broad mix of renters, from working families to couples and young professionals seeking relative affordability within the wider Auckland region. With a median age of 37 and a median household income of $106,700, the suburb's tenant base is generally established and financially stable — a positive signal for landlords assessing default risk.

At 41% renters, Glendene South has a meaningful proportion of the community relying on the private rental market, which supports consistent demand for well-maintained rental properties. The suburb's population of 3,015 keeps it a tightly knit, community-oriented neighbourhood, meaning vacancies can attract strong local interest when priced competitively.

Yields & Cash-Flow Considerations

Based on the Auckland median price of $1,000,000, indicative gross yields in Glendene South sit between 2.7% and 3.6%, with the median weekly rent of $650 anchoring the mid-point of that range. The lower-to-upper quartile rent spread of $510–$700 per week indicates that property type and presentation play a meaningful role in where your rental income lands.

Investors should factor in that gross yield figures do not account for rates, insurance, property management fees, or maintenance, which can materially reduce net returns. At the lower end of the yield range, cash-flow neutrality or positive returns may require a larger deposit or below-median acquisition price, so purchase price negotiation is important in this market.

Investor Snapshot

Is Glendene South a good place to invest?

Glendene South offers a stable tenant demographic, with a median household income of $106,700 and 41% of households renting — both indicators of sustained rental demand. The median weekly rent of $650 and a yield range of 2.7%–3.6% position it broadly in line with wider Auckland norms, making it a market where careful buying is essential to achieving acceptable returns.

Ongoing infrastructure investment in west Auckland and the suburb's relative affordability compared to inner suburbs may support gradual capital growth, though investors should monitor the broader Auckland market cycle closely.

Pros

Stable tenant base with a median household income of $106,700
41% renters providing consistent demand for rental housing
Median weekly rent of $650 with upper-quartile rents reaching $700

Cons

Indicative gross yields of 2.7%–3.6% are modest and leave limited buffer after expenses
Benchmarked against a $1,000,000 Auckland median price, entry costs are high relative to income generated
Lower-quartile rents of $510/wk could compress returns on smaller or older properties

FAQ

Glendene South rental yield — common questions

What is the median rent in Glendene South?

The median weekly rent across all property types in Glendene South is $650 per week. Rents across the suburb range from $510 per week at the lower quartile to $700 per week at the upper quartile, reflecting differences in property size, condition, and configuration.

What rental yield can I expect in Glendene South?

Based on the Auckland median price of $1,000,000, indicative gross yields in Glendene South range from 2.7% to 3.6%. These are gross figures, so landlords should deduct operating costs such as rates, insurance, and management fees to arrive at a realistic net yield.

What is the rental demand like in Glendene South?

Rental demand in Glendene South is supported by 41% of households being renters, above the typical suburban average. The suburb's population of 3,015 and a median age of 37 suggest a working-age community with ongoing need for quality rental accommodation.

What type of tenants does Glendene South attract?

Glendene South tends to attract working families and established couples, consistent with its median age of 37 and median household income of $106,700. This demographic profile generally signals tenants who are financially stable and likely to value long-term, settled tenancies.

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