Mount Albert South is an established Auckland residential suburb offering a median weekly rent of $848 and indicative gross yields ranging from 3.3% to 4.9%. Its mix of family households and working professionals creates steady rental demand in a well-connected inner-west location.
Analyse a Mount Albert South propertyMedian weekly rent in Mount Albert South from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 3.3%–4.9% 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.
Renters make up 32% of households in Mount Albert South, pointing to a suburb where owner-occupiers remain the majority but a meaningful rental pool exists. With a median age of 37 and a population of 2,310, the area attracts established professionals and small families who value proximity to Auckland's inner-west amenities and transport links.
The suburb's median household income of $137,000 suggests tenants here tend to be higher earners, which supports the upper end of the rent range — landlords can realistically target $938 per week for well-presented properties at the top quartile. This income profile also tends to correlate with lower vacancy risk and more reliable tenancy outcomes.
Based on the Auckland median price of $1,000,000, indicative gross yields in Mount Albert South sit between 3.3% and 4.9%. At the median rent of $848 per week, investors are looking at solid gross income, though the yield range reflects the compression common to established Auckland suburbs where capital values remain high.
Investors should stress-test purchases against the lower end of the yield range — 3.3% gross — to ensure the property remains cash-flow viable after rates, insurance, property management fees, and maintenance. One-bedroom properties are currently returning a median of $860 per week, which may warrant closer attention for investors considering smaller-format or higher-density stock.
Mount Albert South presents a relatively resilient rental proposition underpinned by a high-income tenant base, a median weekly rent of $848, and a rent range spanning $628 to $938 per week. The suburb's indicative gross yields of 3.3% to 4.9% are characteristic of inner Auckland, meaning capital growth expectations rather than yield alone tend to drive investor decisions here.
With a compact population of 2,310 and 32% of households renting, supply of rental properties is limited, which can support occupancy rates and provide some insulation against prolonged vacancy.
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