Mission Heights South is an established east Auckland suburb attracting stable, higher-income renters, with a median weekly rent of $655. Indicative gross yields range from 2.6% to 4.2%, reflecting the suburb's position within Auckland's premium residential market.
Analyse a Mission Heights South propertyMedian weekly rent in Mission Heights South from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 2.6%–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.
From the Stats NZ 2023 Census. Rental demand indicators that shape tenant pool and vacancy.
Mission Heights South draws a relatively affluent renter base, consistent with the suburb's median household income of $156,900 — well above city norms. Renters make up 32% of households, suggesting a market dominated by owner-occupiers but with a meaningful cohort of tenants seeking quality family homes in a sought-after location.
The suburb's median age of 37 and a population of 3,702 point to a community of working professionals and established families. Demand tends to centre on larger homes, and the rent range of $500–$799 per week across the lower and upper quartiles reflects the variety of stock available, from more modest dwellings through to premium family residences.
Based on the Auckland median price of $1,000,000, indicative gross yields in Mission Heights South sit between 2.6% and 4.2%. At a median weekly rent of $655, investors need to carefully model financing costs, as net returns after expenses and mortgage servicing will be modest at the lower end of that yield range.
One-bedroom properties have a median rent of $500 per week, which may appeal to investors targeting smaller dwellings or secondary units. As always in Auckland, capital growth expectations and rental income need to be weighed together when assessing the total return case for any individual property.
Mission Heights South offers the stability associated with a high-income, predominantly owner-occupier neighbourhood, where a median household income of $156,900 supports strong rental affordability among tenants. The trade-off is that entry prices are substantial, and gross yields of 2.6%–4.2% leave limited margin for passive cash-flow investors relying on rental income alone.
Investors with a long-term horizon and confidence in Auckland's east residential corridor may find Mission Heights South a resilient hold, particularly if the broader Auckland market continues to support the $1,000,000 median price benchmark.
Run the numbers on any listing with PropertyMetrics NZ and see how it stacks up against the suburb's indicative yield range of 2.6%–4.2%.
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