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Auckland Suburb · Rental Yield

Mount Wellington South West Rental Yield 2026

Mount Wellington South West is a predominantly renter-occupied Auckland suburb where 55% of households lease, underpinning consistent demand for well-presented rental properties. Indicative gross yields range from 3.3% to 3.9%, with a median weekly rent of $685 across all property types.

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Indicative Gross Yield
3.3–3.9%
Based on Auckland median price
Median Weekly Rent
$685/wk
All property types · MBIE bonds
Auckland Median Price
$1M
REINZ · indicative
Data updated 2025-12 · Sources: MBIE tenancy bond data · Stats NZ 2023 Census · REINZ
Median rent by bedroom

Mount Wellington South West weekly rents

Median weekly rent in Mount Wellington South West from MBIE tenancy bond records (2025-12, 3-month period). Real lodged-bond data — not estimates.

1 Bedroom
$730/wk
2 Bedroom
$630/wk
3 Bedroom
$693/wk

Indicative gross yield range of 3.3%–3.9% uses the rent against the Auckland median sale price of $1,000,000. Net yield is lower after rates, insurance, management and maintenance.

Suburb demographics

Who rents in Mount Wellington South West?

From the Stats NZ 2023 Census. Rental demand indicators that shape tenant pool and vacancy.

Median Rent
$685/wk
Rent Range
$630–$750
Renters
55%
Median Income
$133,500
Median Age
37 yrs
Population
3,033
Investor guide

Investing in Mount Wellington South West

Who Rents Here?

With 55% of households renting and a median age of just 37, Mount Wellington South West attracts a working-age tenant base that values proximity to central Auckland employment corridors and arterial transport links. The suburb's relatively strong median household income of $133,500 suggests tenants are generally financially stable, which can translate into lower vacancy risk and more reliable rent collection for landlords.

The population of 3,033 keeps the suburb compact and community-oriented, yet close enough to broader Mount Wellington amenities — including retail centres, motorway access, and industrial employment hubs — to remain genuinely attractive to a broad range of renters. This mix of lifestyle convenience and accessibility helps sustain demand across the property spectrum.

Yield & Cash-Flow Considerations

Based on the Auckland median price of $1,000,000, indicative gross yields in Mount Wellington South West sit between 3.3% and 3.9% — a range that broadly reflects the Auckland urban market. The median weekly rent of $685 is supported by a tight interquartile rent band of $630 to $750, suggesting relatively predictable rental income rather than wide variance between properties.

Investors should note that gross yield figures do not account for rates, insurance, property management fees, or maintenance, all of which will compress net returns. It is also worth reviewing the bedroom-level rent data closely: one-bedroom properties achieve a median of $730 per week, while two-bedroom dwellings sit lower at $630 per week — a dynamic that may influence your purchase strategy depending on the property type available at your price point.

Investor Snapshot

Is Mount Wellington South West a good place to invest?

Mount Wellington South West offers Auckland investors a suburb with a solid renter majority — 55% of households — and a median weekly rent of $685 that sits within a predictable $630–$750 range. The above-average median household income of $133,500 signals a financially capable tenant pool, which can reduce credit risk and support rent stability over time.

Gross yields of 3.3%–3.9% are consistent with much of inner-to-mid Auckland, so investors seeking strong cash flow in isolation may need to weigh capital growth potential alongside income when assessing overall return.

Pros
  • High renter occupancy (55%) supports consistent rental demand
  • Median household income of $133,500 suggests financially capable tenants
  • Predictable rent band of $630–$750/wk reduces income uncertainty
Cons
  • Indicative gross yields of 3.3%–3.9% leave limited buffer after expenses
  • Two-bedroom median rent ($630/wk) sits below the overall suburb median, worth noting for common stock types
  • Small population of 3,033 means a limited pool of comparable sales data for valuation confidence
FAQ

Mount Wellington South West rental yield — common questions

The median weekly rent across all property types in Mount Wellington South West is $685 per week. The interquartile range runs from $630 to $750 per week, indicating that most rental properties in the suburb transact within a fairly tight band.
Based on the Auckland median price of $1,000,000, indicative gross yields in Mount Wellington South West range from 3.3% to 3.9%. These are gross figures, so landlords should factor in ongoing ownership costs such as rates, insurance, and property management when estimating net returns.
Median weekly rents by bedroom type are: one-bedroom $730, two-bedroom $630, and three-bedroom $693. Notably, one-bedroom properties achieve the highest median rent in the suburb, which may be relevant if you are evaluating smaller dwelling types or conversions.
Renters make up 55% of households in Mount Wellington South West, making it a majority-renter suburb. Combined with a median age of 37 and a median household income of $133,500, the suburb's demographic profile is broadly consistent with a stable, working-age rental market.
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