Mount Eden East is an established inner-Auckland suburb where 45% of households rent, underpinning consistent tenant demand across a range of property types. Indicative gross yields sit between 2.6% and 3.7%, reflecting the suburb's premium location and the city's $1,000,000 median price benchmark.
Analyse a Mount Eden East propertyMedian weekly rent in Mount Eden East from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 2.6%–3.7% 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 Eden East attracts a well-educated, higher-income rental cohort, consistent with its median household income of $142,200 — well above the national average. With a median age of 37 and 45% of its 2,766-strong population renting, the suburb draws professionals and couples who value proximity to Auckland's CBD and the character-rich streetscapes that define this part of the city.
One-bedroom properties command a median rent of $490 per week, while two-bedroom homes sit at $595 per week, reflecting the suburb's desirability and the relative scarcity of affordable stock close to the city fringe. Renters here tend to be stable, long-term tenants prioritising liveability over affordability alone.
Against an Auckland median price of $1,000,000, indicative gross yields in Mount Eden East range from 2.6% to 3.7%. The overall median rent of $590 per week — with the interquartile range spanning $495 to $705 per week — shows meaningful variation depending on property size and condition, giving investors some scope to optimise returns through targeted upgrades.
Yields at the lower end of the 2.6%–3.7% range will typically produce negative cash flow at current mortgage rates, so investors should stress-test servicing costs carefully. Capital growth has historically been the primary driver of total returns in premium inner-Auckland suburbs, though past performance is no guarantee of future results.
Mount Eden East offers the stability of a high-income, established rental market — a median household income of $142,200 and 45% renters signal reliable demand from quality tenants. However, with indicative gross yields of only 2.6%–3.7%, investors need to enter with a clear long-term strategy, as cash-flow neutrality will be difficult to achieve without a substantial deposit.
For investors focused on capital preservation and tenant quality in inner Auckland, Mount Eden East remains a compelling option, provided purchase prices and financing costs are modelled conservatively against the $590 per week median rent.
Run the numbers on a specific address using PropertyMetrics NZ's yield and cash-flow tools to see how it stacks up against the suburb's $590 per week median rent and indicative 2.6%–3.7% gross yield range.
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