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Auckland Suburb · Rental Yield Guide

Highland Park (Auckland) Rental Yield 2026

Highland Park is an established east Auckland suburb with a stable rental market, where median weekly rents sit at $660 and 40% of households are renters. Indicative gross yields range from 3.2% to 3.7%, reflecting the suburb's solid residential demand and proximity to key eastern Auckland amenities.

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Indicative Gross Yield
3.2–3.7%
Based on Auckland median price
Median Weekly Rent
$660/wk
All property types · MBIE bonds
Auckland Median Price
$1M
REINZ · indicative
Data updated 2025-12 · Sources: MBIE tenancy bond data · Stats NZ 2023 Census · REINZ
Median rent by bedroom

Highland Park (Auckland) weekly rents

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

2 Bedroom
$585/wk
3 Bedroom
$660/wk

Indicative gross yield range of 3.2%–3.7% 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 Highland Park (Auckland)?

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

Median Rent
$660/wk
Rent Range
$620–$720
Renters
40%
Median Income
$94,400
Median Age
37 yrs
Population
4,008
Investor guide

Investing in Highland Park

Who Rents in Highland Park?

Highland Park attracts a broad mix of tenants, from families seeking access to local schools and green spaces to working professionals drawn by the suburb's relatively easy commute into central Auckland. With a median age of 37 and a median household income of $94,400, the local renter base tends to be financially stable and established, which can translate to lower vacancy risk for landlords.

Forty percent of Highland Park's 4,008 residents live in rental accommodation, providing a meaningful pool of tenants competing for available properties. Three-bedroom homes are particularly in demand, commanding a median rent of $660 per week, while two-bedroom properties typically achieve around $585 per week — useful benchmarks when assessing the right product for this market.

Yield and Cash-Flow Considerations

Based on the Auckland median price of $1,000,000, Highland Park's indicative gross yield range of 3.2% to 3.7% is broadly in line with what investors can expect across much of urban Auckland. Rents across the suburb range from $620 to $720 per week between the lower and upper quartiles, so the property type and condition you acquire will meaningfully influence where your yield sits within that band.

Investors should bear in mind that gross yields do not account for rates, insurance, property management fees, maintenance, or periods of vacancy — all of which can compress net returns noticeably. At these yield levels, capital growth expectations and the quality of your tenant selection will play an important role in the overall investment case.

Investor Snapshot

Is Highland Park a good place to invest?

Highland Park offers a dependable, if moderate, yield profile for Auckland investors, with indicative gross returns of 3.2% to 3.7% and a median weekly rent of $660 underpinned by a relatively affluent and stable renter base. The suburb's median household income of $94,400 suggests tenants have reasonable capacity to absorb rent, reducing the likelihood of arrears during economic softness.

As with much of Auckland, long-term capital appreciation remains an important part of the investment thesis here, given that yields alone are unlikely to deliver strong cash-flow returns at current price levels.

Pros
  • Stable, higher-income tenant base with a median household income of $94,400
  • Consistent rental demand with 40% of households renting across a population of 4,008
  • Upper-quartile rents reach $720/wk, offering upside for well-presented properties
Cons
  • Indicative gross yields of 3.2%–3.7% leave limited margin once operating costs are deducted
  • Pricing benchmarked to the Auckland median of $1,000,000 requires significant capital outlay
  • Two-bedroom properties at a median of $585/wk may produce lower yields than the suburb average
FAQ

Highland Park (Auckland) rental yield — common questions

The median weekly rent across all property types in Highland Park is $660 per week. Rents range from $620 per week at the lower quartile to $720 per week at the upper quartile, depending on the property type, size, and condition.
Based on the Auckland median price of $1,000,000, indicative gross yields in Highland Park range from 3.2% to 3.7%. These are gross figures and do not account for expenses such as rates, insurance, management fees, and maintenance, so net yields will be lower.
Two-bedroom properties in Highland Park achieve a median rent of $585 per week, while three-bedroom homes reach $660 per week. Investors targeting stronger rental income relative to purchase price may find three-bedroom properties the more efficient option in this suburb.
Approximately 40% of households in Highland Park are renters, which reflects a sizeable and active rental market for a suburban Auckland location. Combined with a median age of 37 and a median household income of $94,400, the local renter profile suggests a relatively stable and reliable tenant pool.
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