Mount Albert North is an established Auckland residential neighbourhood with a strong rental base, where 48% of households are renters and the median weekly rent sits at $650. Investors can expect indicative gross yields in the range of 2.9%–4.4%, benchmarked against the Auckland median price of $1,000,000.
Analyse a Mount Albert North propertyMedian weekly rent in Mount Albert North from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 2.9%–4.4% 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.
Mount Albert North attracts a diverse mix of renters drawn to its accessibility, established amenities, and proximity to central Auckland. With a median age of just 37 and a suburb population of 4,143, the tenant pool leans towards working professionals and young families who value connectivity without paying inner-city prices.
Nearly half of all households — 48% — are renters, signalling reliable and consistent demand across the rental market. The suburb's relatively high median household income of $118,200 suggests tenants are generally financially stable, which can support timely rent payments and reduce vacancy risk for landlords.
Based on the Auckland median price of $1,000,000, indicative gross yields in Mount Albert North range from 2.9% to 4.4%, which is broadly in line with what investors encounter across much of inner-to-middle Auckland. The median weekly rent of $650 provides a reasonable income base, with the upper quartile reaching $850 per week — typically achievable on well-presented three-bedroom homes.
Bedroom configuration matters here: one-bedroom rentals return a median of $578 per week, two-bedroom properties sit at $595, and three-bedroom homes command $850 per week. Investors targeting stronger cash flow should consider larger family-sized dwellings, which appear to attract proportionally higher rents relative to smaller configurations.
Mount Albert North offers a relatively stable rental environment underpinned by strong tenant demographics, with a median household income of $118,200 and nearly half of all households renting. The indicative gross yield range of 2.9%–4.4% reflects the premium Auckland market conditions and means investors should enter with realistic cash-flow expectations rather than anticipating high immediate returns.
The suburb's young median age of 37 and consistent rental demand suggest it is well-positioned to maintain occupancy levels, though long-term capital growth prospects will remain closely tied to the broader Auckland market.
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