Maungawhau is an established, sought-after Auckland suburb attracting professional renters and offering a median weekly rent of $600. Indicative gross yields range from 2.8% to 4.8%, reflecting the premium nature of this inner-city location.
Analyse a Maungawhau propertyMedian weekly rent in Maungawhau from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 2.8%–4.8% 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.
Maungawhau draws a well-educated, professional tenant base, consistent with a suburb where the median household income sits at $153,400 and the median age is 37. Renters make up 36% of households — a meaningful share that sustains steady demand across a range of property sizes, from one-bedroom apartments at $495 per week through to larger three-bedroom homes commanding $835 per week.
The suburb's proximity to central Auckland and its leafy, character-rich streetscapes appeal to working professionals and couples who prioritise lifestyle and convenience. This tenant profile tends to translate into lower vacancy risk and a preference for well-presented, well-maintained properties, which investors should factor into their refurbishment budgets.
With a median weekly rent of $600 and indicative gross yields spanning 2.8% to 4.8% — benchmarked against the Auckland median price of $1,000,000 — Maungawhau sits firmly in the capital-growth end of the Auckland investment spectrum. The rent range from the lower to upper quartile of $545 to $920 per week indicates meaningful upside for larger or premium properties, which can push yields closer to the top of that range.
Investors should note that gross yields in the 2.8%–4.8% band leave limited margin once mortgage costs, rates, insurance, and maintenance are accounted for. Careful stress-testing of cash flow at current interest rates is essential before committing, particularly at the lower end of the yield range.
Maungawhau offers the hallmarks of a resilient Auckland investment location: high-income tenants, a median weekly rent of $600, and a community of 2,742 residents with 36% renting. The trade-off is that entry prices — reflected in yields starting at just 2.8% — mean this suburb rewards patient, long-term investors focused on capital preservation and gradual appreciation rather than immediate cash flow.
For investors who can sustain the holding costs, Maungawhau's demographic strength and desirability within Auckland's inner suburbs provide a solid foundation for long-term portfolio growth.
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