Meadowbank East is an established Auckland residential neighbourhood with a median weekly rent of $570 and a renter base that makes up 42% of households. Indicative gross yields range from 2.8% to 3.6%, reflecting the suburb's position in a high-value Auckland market.
Analyse a Meadowbank East propertyMedian weekly rent in Meadowbank East from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 2.8%–3.6% 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.
Meadowbank East attracts a relatively affluent renter demographic, supported by a median household income of $130,300 — well above broader Auckland averages. With a median age of 37 and 42% of households renting, the suburb draws professionals and families who value its established character and proximity to central Auckland amenities.
The suburb's population of 2,607 keeps it intimate in scale, which tends to support stable tenancy demand rather than the high-churn dynamics of denser urban precincts. Three-bedroom properties command a median rent of $760 per week, suggesting strong appetite from family renters seeking quality housing in the area.
Based on the Auckland median price of $1,000,000, indicative gross yields in Meadowbank East sit between 2.8% and 3.6%. While these yields are modest by national standards, they are consistent with inner-to-middle Auckland suburbs where capital growth has historically been a significant component of total investor return.
Investors should note that at a $1,000,000 entry price, rental income at the median $570 per week may not cover mortgage costs at current interest rates, making cash-flow management and financing structure critical considerations. Reviewing the rent range of $533 to $700 per week across the lower and upper quartiles helps set realistic income expectations before purchase.
Meadowbank East offers investors access to a high-income renter base — median household income of $130,300 — in an established Auckland suburb with steady occupancy fundamentals. The trade-off is a compressed gross yield range of 2.8% to 3.6%, which means investors are typically underwriting a capital growth thesis rather than a cash-flow-positive outcome from day one.
With 42% of households renting and a median age of 37, tenant demand appears durable, and the suburb's scale and character suggest relatively low vacancy risk over the medium term.
Run the numbers on a specific address using PropertyMetrics NZ and see how it stacks up against the suburb's median rent of $570 per week and indicative yields of 2.8%–3.6%.
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