Mount Eden North East is a well-established inner-Auckland suburb with a strong rental culture, where 65% of households are renters and median weekly rents sit at $720. Investors can expect an indicative gross yield range of 3.6%–4%, reflecting the suburb's premium location and consistently high tenant demand.
Analyse a Mount Eden North East propertyMedian weekly rent in Mount Eden North East from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.
Indicative gross yield range of 3.6%–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 Eden North East attracts a well-educated, professionally employed tenant base, consistent with the suburb's median household income of $134,900 — well above the Auckland average. At a median age of 37, renters here tend to be established adults and couples who value proximity to the CBD, quality housing stock, and the character that the wider Mount Eden area is known for.
With 65% of the suburb's 1,815-person community renting rather than owning, demand for quality rental property is structurally embedded in this neighbourhood. Tenants typically seek well-presented homes and are willing to pay for them, as evidenced by rents ranging from $690 to $778 per week across the lower-to-upper quartile.
Based on the Auckland median price of $1,000,000, Mount Eden North East delivers an indicative gross yield range of 3.6%–4% — modest by provincial standards but competitive for inner-Auckland. A 3-bedroom property commands a median rent of $994 per week, offering meaningfully stronger cash flow than smaller configurations for investors who can stretch to that property size.
Investors considering 1- or 2-bedroom properties should factor in the more modest weekly rents of $690 and $745 respectively when stress-testing cash flow against mortgage servicing costs, rates, insurance, and maintenance. At these yield levels, capital growth expectations will likely form a significant part of the total-return thesis, so purchase price discipline remains critical.
Mount Eden North East presents a compelling case for investors who prioritise tenant quality and low vacancy risk over raw yield. The combination of a high median household income ($134,900), a majority-renting population (65% of households), and a median weekly rent of $720 suggests a landlord-friendly, stable environment where well-maintained properties are consistently in demand.
With yields in the 3.6%–4% range, the suburb suits investors taking a longer-term, growth-oriented view on inner-Auckland property rather than those seeking immediate cash-flow surpluses.
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