Hillcrest North is a well-established Auckland suburb where nearly half of all households rent, underpinning consistent tenant demand. Indicative gross yields range from 3.1% to 4.4%, with a median weekly rent of $740 across all property types.
Analyse a Hillcrest North (Auckland) propertyMedian weekly rent in Hillcrest North (Auckland) from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 3.1%–4.4% 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 47% of households renting and a median age of 37, Hillcrest North attracts a working-age demographic that values proximity to Auckland's amenities and employment centres. The suburb's median household income of $114,800 points to a relatively affluent tenant pool, which tends to support stable rental payments and lower vacancy risk.
Three-bedroom homes command a median rent of $755 per week, making them the dominant rental product in the suburb, while two-bedroom properties come in at $578 per week — useful context for investors weighing up different dwelling configurations. The lower-to-upper quartile rent range of $598 to $850 per week reflects a reasonably broad spread of stock quality and size.
Based on the Auckland median price of $1,000,000, indicative gross yields in Hillcrest North sit between 3.1% and 4.4%. Investors acquiring properties at or below the city median have the best chance of landing toward the upper end of that yield band, particularly with well-configured three-bedroom homes renting at $755 per week.
As with most Auckland suburbs, gross yields in this range leave relatively little margin once mortgage servicing, rates, insurance, and property management costs are accounted for. Investors should stress-test cash flow carefully, particularly in a higher interest-rate environment, and consider whether capital growth assumptions are realistic before committing.
Hillcrest North presents a balanced investment case: a high renter proportion of 47%, a median weekly rent of $740, and a household income of $114,800 all point to a suburb with genuine and sustainable rental demand. However, with indicative gross yields of 3.1% to 4.4% against an Auckland median price of $1,000,000, investors need to be disciplined on purchase price to achieve acceptable returns.
The suburb's demographic profile — median age 37 and a relatively small population of 3,465 — suggests a tight, stable community where well-maintained rental properties are likely to attract quality long-term tenants.
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