Half Moon Bay South East is an established coastal-fringe suburb on Auckland's eastern waterfront, attracting a mix of professional households and families drawn to its harbour access and relatively high incomes. With a median weekly rent of $675 and an indicative gross yield range of 3.4%–3.6%, it sits within the typical range for quality Auckland residential stock.
Analyse a Half Moon Bay South East propertyMedian weekly rent in Half Moon Bay South East from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 3.4%–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.
From the Stats NZ 2023 Census. Rental demand indicators that shape tenant pool and vacancy.
Nearly half of all households in Half Moon Bay South East — 46% — are renters, which is a notably solid renter base for an eastern Auckland suburb of this character. With a median age of 37 and a median household income of $110,300, the tenant pool skews toward working professionals and established families who value stability, quality housing, and proximity to the water.
Demand at the two- and three-bedroom level is well supported, with median rents sitting at $603 per week for two-bedroom properties and $685 per week for three-bedroom properties. Three-bedroom dwellings in particular command rents close to the overall suburb median of $675 per week, suggesting strong family-oriented demand at that size point.
Based on the Auckland median price of $1,000,000, investors can expect an indicative gross yield of 3.4%–3.6% in Half Moon Bay South East. The rent range across the lower to upper quartile sits between $648 and $700 per week, meaning well-presented properties consistently sit at or above the suburb median, which helps underpin income reliability.
As with most quality Auckland suburbs, gross yields in the 3.4%–3.6% range will not typically cover all holding costs at current mortgage rates, so investors should model net cash flow carefully. Insurance, rates, maintenance, and property management fees will reduce net returns, making capital growth expectations an important part of the investment thesis here.
Half Moon Bay South East offers investors a combination of high-income tenants, a 46% renter household share, and consistent weekly rents of $675 at the median — all of which point to a relatively resilient rental market. The suburb's median household income of $110,300 supports tenants' capacity to meet rent, reducing arrears risk compared with lower-income areas.
While gross yields of 3.4%–3.6% are modest by national standards, the suburb's coastal eastern Auckland positioning and demographic profile suggest it may hold long-term capital value well for patient investors.
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