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Auckland Suburb · Rental Yield

Hillsborough South (Auckland) Rental Yield 2026

Hillsborough South is a well-established Auckland residential suburb with a median weekly rent of $785 and a relatively tight rental market that reflects the area's appeal to stable, higher-income households. Indicative gross yields sit in the 3.6%–4.2% range, positioning it as a capital-growth-oriented suburb rather than a high-yield play.

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Indicative Gross Yield
3.6–4.2%
Based on Auckland median price
Median Weekly Rent
$785/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

Hillsborough South (Auckland) weekly rents

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

3 Bedroom
$745/wk

Indicative gross yield range of 3.6%–4.2% 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 Hillsborough South (Auckland)?

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

Median Rent
$785/wk
Rent Range
$695–$800
Renters
28%
Median Income
$149,800
Median Age
37 yrs
Population
2,769
Investor guide

Investing in Hillsborough South

Who Rents in Hillsborough South?

With a median household income of $149,800 and a median age of 37, Hillsborough South attracts a relatively affluent and settled tenant base — typically professional couples, young families, and dual-income households who value the suburb's residential character and proximity to Auckland amenities. Renters make up 28% of households, meaning owner-occupiers dominate, which tends to underpin property values and neighbourhood stability.

Three-bedroom homes are the workhorse of the local rental market, commanding a median rent of $745 per week, while the broader suburb median sits at $785 per week across all property types. The lower-to-upper quartile rent range of $695–$800 per week signals relatively compressed rental dispersion — tenants and landlords alike are operating in a fairly consistent price band.

Yield and Cash-Flow Considerations

Based on the Auckland median price of $1,000,000, indicative gross yields in Hillsborough South range from 3.6% to 4.2%. These figures are broadly in line with — or modestly above — many comparable Auckland suburbs at this price point, but investors should model carefully for net returns once rates, insurance, maintenance, and property management costs are factored in.

At this yield level, strong capital growth assumptions are typically required to justify acquisition. Investors should scrutinise the specific property's condition, any body corporate obligations if purchasing an apartment or townhouse, and local council planning overlays that could affect future development or neighbouring land use.

Investor Snapshot

Is Hillsborough South a good place to invest?

Hillsborough South offers a stable, low-vacancy rental environment underpinned by high household incomes and a predominantly owner-occupier community. At a median weekly rent of $785 and gross yields of 3.6%–4.2%, the suburb rewards patient, long-term investors focused on asset quality and capital preservation rather than immediate cash flow.

With a median age of 37 and a population of 2,769, the suburb remains relatively compact and demographically consistent, suggesting steady rather than speculative rental demand over the medium term.

Potential Pros
  • High-income tenant base (median household income $149,800) supports reliable rent payment and lower arrears risk
  • Median weekly rent of $785 with a relatively tight quartile range ($695–$800) indicates consistent, predictable rental income
  • Low renter proportion (28%) in an owner-occupier-dominated neighbourhood supports long-term capital values
Potential Cons
  • Gross yields of 3.6%–4.2% leave limited cash-flow buffer once operating costs are deducted, particularly at the Auckland median price of $1,000,000
  • Small suburb population of 2,769 means limited rental stock turnover, which can slow re-letting if a tenancy ends unexpectedly
  • Capital-growth dependence means investors are exposed to broader Auckland market cycles and interest-rate sensitivity
FAQ

Hillsborough South (Auckland) rental yield — common questions

The median weekly rent across all property types in Hillsborough South is $785 per week. Rents across the suburb generally range from $695 to $800 per week between the lower and upper quartiles, reflecting a relatively consistent and stable rental market.
Based on the Auckland median price of $1,000,000, indicative gross yields in Hillsborough South range from 3.6% to 4.2%. These are gross figures — investors should deduct costs such as property management fees, insurance, rates, and maintenance to arrive at a net yield before making any purchase decision.
Hillsborough South tends to attract professional and family tenants, supported by a suburb median household income of $149,800 and a median age of 37. With only 28% of households renting, demand is steady rather than high-volume, and tenants typically expect well-presented, quality properties.
Three-bedroom properties are a practical choice in Hillsborough South, with a median weekly rent of $745 for that bedroom count. This sits just below the overall suburb median of $785 per week, suggesting three-bedroom homes are a reliable mid-market option well-suited to the suburb's family and professional tenant demographic.
More Auckland suburbs
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