Manurewa South is a predominantly renter-occupied suburb in South Auckland, with 68% of households renting and a median weekly rent of $620. Indicative gross yields sit in the 3%–3.5% range, reflecting broader Auckland pricing conditions while offering consistent residential demand.
Analyse a Manurewa South propertyMedian weekly rent in Manurewa South from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 3%–3.5% 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.
Manurewa South has a strong rental culture, with 68% of households occupied by renters — well above the national average. The suburb's median age of 37 and median household income of $85,300 point to a working-age tenant base that values affordability and accessibility to South Auckland's employment corridors and transport links.
Three-bedroom properties command the highest median weekly rent at $650, making family-sized homes the most in-demand rental stock. Two-bedroom properties sit at $570 per week, while one-bedroom homes achieve $615 per week, suggesting that compact dwellings still attract solid renter interest in this suburb.
Based on the Auckland median price of $1,000,000, indicative gross yields in Manurewa South range from 3% to 3.5%. With a median weekly rent of $620 and a lower-quartile rent of $570, investors can model a realistic income range before factoring in rates, insurance, property management, and maintenance costs.
As with much of Auckland, gross yields in the 3%–3.5% range mean cash-flow neutrality or mild negative gearing is a likely outcome at current price levels, so investors should stress-test their numbers carefully. Vacancy risk appears relatively contained given the suburb's high renter proportion, but any softening in South Auckland property values could affect capital growth assumptions.
Manurewa South offers a deep and stable rental pool — with 68% of households renting and a median weekly rent of $620 — that provides landlords with consistent tenant demand. The suburb's median household income of $85,300 and median age of 37 suggest tenants are generally in steady employment, which supports rent collection reliability.
Yield-focused investors should note that gross returns of 3%–3.5% are modest by national standards, so the investment case relies partly on long-term capital appreciation alongside rental income.
Run the numbers on any Manurewa South listing using PropertyMetrics NZ's free yield and cash-flow calculator — built specifically for NZ investors.
Analyse a property free